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Thứ Sáu, 22 tháng 11, 2013

Private company looking to dent Oracle, SAP - CNBC.com

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I'm hoping in the near future you have to go to a museum to see Oracle and SAP software, said a candid CEO during an interview with Jim Cramer.


The CEO was Sandra Kurtzic the founder, chairman and CEO of Kenandy and she was talking about her intentions to upend the world of ERP or Enterprise Resource Planning.


"SAP and Oracle have held something like monopolies in the industry for a long time," Cramer explained. And some of their software came out at a time when people still worked on typewriters!





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Founded in 2010, Kenandy is the leading provider of cloud ERP applications that manage the operations, finance and manufacturing for global enterprises.


Although the sector is no strangers to promising young start-ups, one thing that sets this company apart is its CEO.


Sandra Kurtzic is also the founder of ASK Computer Systems, a company that began as a small enterprise operating out of an apartment. Kurtzic grew ASK to a global powerhouse.


At its peak, ASK had 91 offices in 15 countries before Computer Associates acquired the company in 1994.


And it appears Kurtzic is determined to have the same kind of success with Kenandy.


"There's a revolution underway," noted Cramer. "That's why I want to call your attention to this company even though it's privately held."


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Cramer firmly believes young and innovative companies with disruptive technology, such as Kenandy, warrant attention now.


"These kinds of companies don't get a lot of media attention because their business may not seem sexy," Cramer added. "But make no mistake, they're out there and they are about to change the game."


Keep an eye on this one.





Call Cramer: 1-800-743-CNBC


Questions for Cramer? madmoney@cnbc.com


Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com




I’m hoping in the near future you have to go to a museum to see Oracle and SAP software, said a candid CEO during an interview with Cramer.






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