SAP's CEO has announced that they want to get more aggressive in the banking sector, particularly in the US and Asia. This seems to be a direct shot at Oracle who has particular strength in the banking niche.
The war between SAP and Oracle just gets louder and louder and even SAP admits that competition is fierce and as a result margins are getting tighter. SAP has the edge at the moment, but if Oracle can get it together, they'll have to move hard and fast to keep gaining market share.
Oh, and seeing as Microsoft has gone and gotten al religious about on demand software - when will Oracle and SAP throw their hats in too?!