This is a debate you don’t want to miss. Salesforce.com CEO Marc Benioff faces off with SAP Co-Founder and ex-CEO Hasso Plattner tomorrow night. This is part of the Great Debate series put together the Churchill Club and is titled: The Future of Enterprise Software.

Here are the issues that I expect they will discuss:

Does the SaaS model spell the end for the traditional perpetual license model in software? If so, will the established software vendors weather the transition? What are the implications for software innovation, the VC community and the entrepreneurs? Will the end customers have more bargaining power over the vendors or less going forward? What can the IT organization expect in quality and service of software?

You can catch the live audio feed here, courtesy of Salesforce.com.
The debate will start at 7:00 PM Pacific / 10:00 PM Eastern on April 3rd.