TheStreet.com says tech giant SAP is not offering revenue guidance for 2009, and you can guess why. It's going to be a punishing year for all tech companies, especially those that rely on the financial services industry. Remember our comments last week that referenced a report predicting that 12 out of the top 100 vendors will not survive 2009? SAP does not look to be in any danger of course. But it will hardly be business as usual.

Bill McDermott, CEO of Global Field Operations for SAP, says his operation will look beyond banking in their fight to continue to steal market share from Oracle. He's looking at emerging markets, noting that Brazil, Russian and India are "robust" markets. China is a "great market for SAP." But these countries will be hit too. You can bet expenses will inevitably become a focus as companies hunker down. 

For more:
- here's the interview on TheStreet.com

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SAP news from FierceSarbox