SAP AG (NYSE: SAP) and IBM (NYSE: IBM) today announced an agreement to expand their global sales, marketing and development relationship. As part of this agreement, the two companies will work together to provide expanded choices for customers that wish to implement mySAP.com and IBM's DB2 Universal Database on a variety of hardware platforms. Following in the footsteps of Siebel, SAP has abandoned Oracle and is standardizing on DB2 UDB as its preferred platform. The deal is estimated at $400 million in sales annually.
as they abandon the Oracle ship. We expect this trend to continue, and it may spread to other areas such as business intelligence, sales force automation, financials, and others. As stated by SAP, Today's announcement builds upon the strong relationship between SAP and IBM, which already includes DB2 and SAP joint product development and customer support, a joint marketing fund, a dedicated IBM DB2 sales team for SAP, dedicated SAP DB2 sales executives and sponsors worldwide, and integrated solution supp