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 SAP battered by current US Slump, might get worse

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Company: SAP AG (SAP)
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edit SAP battered by current US Slump, might get worse

Top Contributor: ChangeWave Research | Created when SAP was $51.81 | Edit | History

In ChangeWave's recent Software Spending survey, it was found out that not only did overall software spending take another hit, but one-in-four respondents said their company's 2nd Quarter capital budgets had been adjusted lower over the past 90 days.

At the company level, the survey showed SAP getting hammered in the U.S. in several of their software sweet spots - including Customer Relationship Management (CRM), Enterprise Resource Planning (ERP) and Business Intelligence (BI) software.

Here's a look at SAP's current market share compared to that of our previous survey in January 2008:

Image: Sap current marketshare.gif

One potential bright spot - U.S. companies only account for about 30% of SAP's sales, which is less than their competitors who typically average more than 50%.

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