Where Do Oracle and SAP Stand?
If you look at it from the beginning, SAP had almost a 9-to-1 lead in terms of overall application license sales. This is before Oracle bought PeopleSoft, before they bought Siebel and before they inherited J.D. Edwards. By doing that, Oracle pretty much said, "We're serious about applications, we can't give SAP that much of a lead and we need to consolidate a customer base so that we can at least play ball with SAP." Oracle [is now] a little bit over $5 billion in [annual] applications revenue and SAP has about $10 billion. So they've narrowed the gap there.
At the end of the day, Oracle was a technology database company trying to invest in applications and building on an applications road map over the last 10 years. SAP on the other hand is an applications company that can't depend on Oracle or Microsoft to build that technology layer, so they've had to go out and build NetWeaver.