We have lost zero customers to Oracle's OFF SAP program.

Many of these companies are privately owned, and they now reach a point in their evolution where they grow to the point where they may lose family control of the business.

Any country that can produce that many scientists and engineers has a natural potential of being a significant software producer.

It's truly a culture change for SAP.

The U.S. will continue to be our growth driver. There are many opportunities for us in this marketplace.

If you ask me, do I believe there will be a Chinese competitor in a number of years, the answer is yes.

Maybe not today, not tomorrow but in five years I can see the emergence of a significant Chinese operator. I believe China has more potent competitive potential than Oracle.

There are already Chinese software companies, operating in China; they are fast learners ... If there will be a large software company emerging in Asia, it is likely to emerge in China first.

In five years, I can see the emergence of a Chinese software company.