Dennis Howlett is reporting that the U.S. SAP user group (ASUG) has terminated its first full-time CEO, Steve Strout. Dennis speculates--with good reason--that Strout was not pushing back hard enough on SAP's recent hike in maintenance fees.
Read Howlett's post for more.
In related news, Societe Generale analyst Richard Nguyen put out a sell-rating on SAP's shares, on his forecast that SAP's fourth-quarter profit will come up short. The reason? SAP customers are pushing back on SAP's maintenance price increase.
Larry Dignan has more on Nguyen's downgrade on SAP.
Related posts
Pushing back on software vendor maintenance fees
Mad as hell: backlash brewing against SAP maintenance fee hike
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