Oracle Fires Apps Chief Ed Abbo Over Cratered Sales, Salesforce CEO Reveals

Oracles chief of applications was fired over a plunge in revenue sales, said Salesforce.com CEO Marc Benioff (photo credit: Dan Farber)

Oracle's chief of applications was fired over plunging revenue sales, said Salesforce.com CEO Marc Benioff (photo credit: Dan Farber)

For Salesforce.com CEO Marc Benioff, Oracle’s problems last quarter came from its applications business – which competes with Salesforce.com, SAP and a slew of enterprise software companies – not from its lower profitability.

“It’s applications license revenue cratered. They fired their head of [the applications business]… He was gone without a trace the next day – Ed Abbo, the head of all Apps for Oracle. And their overall apps revenue decline very significantly,” revealed Benioff during a conversation at the Structure 09 conference.

As senior vice-president of Apps – and former CTO at Siebel – Abbo supervised Oracle’s “legacy” applications business, including the various CRM products acquired from Siebel, Peoplesoft… which compete squarely with Salesforce.com offering.

Later, Benioff took another yet another jab at Oracle pointing that its past mentor – Larry Ellison – hasn’t delivered a killer app in a long time; which for him explains Oracle’s latest move into the cloud space.

Follows the Benioff’s video comments on the news:

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This entry was posted on Thursday, June 25th, 2009 at 11:56 pm and is filed under news, software, web 2.0. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Oracle Fires Apps Chief Ed Abbo Over Cratered Sales, Salesforce CEO Reveals”

  1. Kari Says:
    March 7, 2010 at 1:55 pm | Reply

    techpulse360.com, how do you do it?

  2. Bryan Says:
    March 9, 2010 at 6:15 pm | Reply

    Wow. techpulse360.com is grezt.

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