Oracle remains a true IT powerhouse with fingers in many pies other than databases, such as application servers, and development tools, which ranks it as an enterprise infrastructure provider, together with SAP, IBM at a higher and, and Microsoft at the lower end of the market. However, Oracle may be getting very uncomfortable with how its protracted disappointing revenue results (possible the worst in a decade) jeopardizes its No. 2 position in the applications market. It seemed all but inconceivable over a year ago that PeopleSoft could be so close to snatching the No. 2 position from Oracle.
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to many rivals (e.g., SAP , Siebel , PeopleSoft, J.D. Edwards , Baan , Manugistics , Intentia , IFS , etc.) that have not only stemmed sequential declines in sales (if they had it at all), but are also anticipating a more prosperous year of trading ahead. It is likely that in part Oracle has become the victim of its own success of overselling its product over a year ago. Oracle cannot afford to gamble any longer with its customers' willingness to entrust it to support their complete applications,