While it is apparent that software giants are in a better position to endure any economic adversity, no single vendor can be lulled into complacency for very long. Consequently, there will be more baffled investors, but also somewhat encouraged small vendors with inimitable value propositions.
net business applications
and posting the first net loss in its memorable recent history of EUR 235 million last month, SAP AG , (NYSE: SAP), the largest enterprise applications provider, has also shown its vulnerability. Total revenue for 2Q 2002 was down 4%, to EUR 1.78 billion, while license revenue was down 23%, to approximately EUR 496 million, and operating income fell by 23% compared to Q2 2001. The Americas region contributed the most to the top-line decline, with revenue down 12%, while the Europe, Middle East, and