At the alpha of 2001, PeopleSoft Inc. (NASDAQ: PSFT), one of the bigger action applications providers, ebulliently adumbrated its connected absorption in rounding out its artefact portfolio through agreeably priced acquisitions. Instead, the aggregation afresh apparent a amount of new articles developed either internally or via alliances. It is acceptable its afresh beaten new acquirement bearing has played a allotment in the aggregation backpedaling its bullish attitude on acquisitions.
Recent announcements include:
New Products
* PeopleSoft eSettlements Allotment of PeopleSoft's Finanacial Administering Solution
* General availability of PeopleSoft Action Account Automation (ESA) 8.4
* Expansion of Human Capital Administering (HCM) solutions
* Accumulation Alternation Administering Solutions Cardinal Sourcing and Trading Partner Administering (TPM)
* Next bearing Action Portal
* CRM solutions for Government, Insurance, Energy, and High Technology
Alliances
* Vigilance Accumulation Alternation Accident Management
* Agile Software Aggregation Comprehensive Artefact Life Cycle Management
PeopleSoft adeptness accept become the victim of its own success, back the year 2001 was an aberrant year of its banking performance, including almanac absolute revenue, almanac profit, and added than $500 actor of generated cash. The 19% advance was far and abroad bigger than the estimated afflictive applications bazaar advance (if not a brusque decline) in 2001.
During 2001, PeopleSoft was perceived to accept the purest Internet-based artefact architecture. With bigger all-embracing bazaar assimilation and cast acceptance (nearly 40% of revenues advancing from alfresco the US), one could achieve that 2001 was a year during which PeopleSoft has answer itself into a appalling applications competitor. It was a account of advance akin alone by SAP, Siebel Systems, Oracle, and i2 Technologies during their happiest years in the big league. It absolutely airy the trend aloft a lot of of the action IT sector.
It would be a alpine adjustment for the aggregation to echo the accomplishment in 2002, accustomed its accepted position and size. PeopleSoft, while amount one in the HR applications bazaar (with ~60% of the bazaar share) is ranked amount three abaft SAP and Oracle for action applications generally. For financials applications with its barter apery added than 60% of Fortune 1000 companies, it has been in a neck-to-neck challenge with Oracle for a No. 2 position abaft SAP. In the CRM market, while in a altercation with SAP for the added position abaft Siebel, PeopleSoft is possibly the alone one amidst several dozens of ERP vendors able to advertise actively aloft its abject with stand-alone CRM applications.
Given that PeopleSoft had been able to acclimate the storm for so long, breadth did the brusque slump in Q1 2002 revenues came from and why was its banal was so punitively thrashed afterwards? The all-embracing connected arrest in IT spending did not appear overnight, but it absolutely contributed. It comes as no abruptness the actuality that users accept for some cogent time been avidity their IT budgets to apparatus and/or advancement software they already own (from those blessed canicule if they were affairs even what they did not charge at the time
In accession to announcement its collaboration-centric architecture, PeopleSoft has aswell been acknowledged in up-selling new modules to its chump base, which bought on boilerplate three added modules if advance to PeopleSoft 8 (many barter would use the advancement aswell as an befalling to add new ERP modules and new extended-ERP applications, a lot of frequently portals, e-procurement, CRM, and agent self-service (ESS)). Therefore, it is absolutely accessible that PeopleSoft has beat all the aboriginal adopters in its chump base, or that there is absolutely a acting abeyance in upgrades due to the all-embracing spending anxiety.
Still, reportedly, alone a third of PeopleSoft barter accept accountant PeopleSoft 8 so far, abrogation a ample accumulation of barter that will apparently authorization adaptation 8 afore abutment for adaptation 7.5 ends in 2003. Although that seems a able revenues booster, one would rather wish barter to jump on an advancement due to their admiration with new functionality and bright acknowledgment on investment (ROI) opportunities, rather than for activity blackmailed and captivated over a butt with an approaching artefact abutment discontinuation.
Further, as PeopleSoft's Q1 2002 acquirement absence of over $30 actor represents the accident of abounding sales, based on its boilerplate sales price/contract admeasurement of over $0.7 actor in 2001, there may be some apropos that sales beheading has aswell entered the account on top of the bendable market. Time alone will acquaint whether this was a concise bump, anon be rectified (although the aggregation expects collapsed after-effects in Q2 2002 as well), or the alpha of a abiding aeon of crumbling revenues akin Oracle's accepted asperity (see Stalled Oracle Fumbling For A Jump-Start Kit). Yet, accustomed the ample citizenry of barter still accommodating to upgrade, and accustomed a amount of adorable new applications and the install base's addiction to acquirement added modules, and accustomed PeopleSoft's banknote position and strong, chintzy management, it should be able to acclimate addition division of collapsed balance and to be adorable for the allegedly added able added bisected of the year.
With a adverse in mind, PeopleSoft has been back 2000 a authentic Internet architectonics software evangelist, which is an accomplishment that took over $500 actor and 2,000 developers per year resources. The aftereffect is a absolute collaborative action arrangement with no applicant software to advance and actual acceptable afterimage of real-time advice and abstracts for anyone anywhere, with the adeptness to advance assorted abstracts models and broadcast databases.
With a ample investment in architectonics fabricated early, PeopleSoft has so far resisted the abatement in the bazaar and has acquired arena by authoritative its amount applications a acute choice. However, the aggregation has somewhat tempted the fate with touting that its artefact architectonics would accomplish it bulletproof to the anemic economy, authoritative the bazaar accolade it at that date for getting the affiche adolescent of a success in the boxy environment. One should not be afraid with the market's acrid knee-jerk avengement already the pure-Internet abracadabra was biconcave with the latest beaten results.
To allegorize the point that the pure-Internet' architectonics adeptness no best be the affairs panacea, actuality is an anecdotal contempo event. While accessory an anniversary user appointment of a arresting accomplishment ERP bell-ringer (not PeopleSoft, for absorption sake), a bell-ringer that is aswell a big backer of harnessing Internet and collaboration, I aggregate a cab with that vendor's ability user, a actual administering controlling aural her user firm. During the cruise from the airport, she proudly mentioned that this artefact has been the umpteenth ERP artefact she has acclimated in her impressively connected career of over 20 years. On my catechism which one of them she liked/enjoyed the most, she said, to my slight agitation and disbelief, the artefact that the pundits would attention as a anachronistic of the ERP. Why? Because the age-old green-screen appliance would accommodate her with a abundance of advice on the aforementioned awning with alone one key aggregate (ctrl/alt + xyz'), admitting the new air-conditioned & adult appliance requires dozens of arresting to-and-fro hyper-linked awning navigations alone for the bits of aforementioned information.
Would anybody out there like to advance to agitation with her about the pure-Internet acknowledgment on investment (ROI) account and users' buy-in? It all comes to back-to-basics argumentation of accomplishing the job finer and of business processes' improvement; the IP-based technology adeptness be a band-aid enabler to advance customer's abundance (as able-bodied as the vendor's artefact development productivity), but not the ambition in itself.
To that end, PeopleSoft's move from transactional to process-centric orientation, to acclimation technology with customers' business imperatives, and to authoritative attempts to prove its ROI supremacy as the adjustment champ adeptness be just what the doctor ordered. However, collaborative business is clumsily circuitous and what business scenarios are able-bodied accurate will depend on the appliance breadth affectionate ability of the vendor, breadth PeopleSoft adeptness accept some communicable up to do compared to SAP and Oracle. Even after any abeyant anatomic inferiorities, advanced software transactional to business-process administering (BPM) aural amalgamate intra-enterprise environments is absolutely intricate and a time-consuming exercise for any vendor.
To be fair, with a arrant user interface (UI) befitting with PeopleSoft's connected attitude of accepting one of the a lot of acute UIs, a absolutely redesigned Internet artefact architecture, and broadcast functionality footprint, PeopleSoft has taken a arch position in the next bearing of action systems. PeopleSoft 8.4 is a apartment of added than 160 applications and with abounding of them featuring 'best of breed' traits.
On scope, the artefact portfolio covers:
* e-business (PeopleSoft Portal, eProcurement, eStore, and Marketplace)
* CRM (following now the accepted Vantive accretion of over two years ago, and with new CRM Mobile Sales and CRM Mobile Field Account applications featuring acute synchronization appearance in absolution 8.4)
* action account automation (ESA) (for ability automation with acceptable casework procurement, from sourcing to settlements, and for activity automation acclamation visibility, administrative, and workflow issues about projects such as time & attendance, expenses, staffing, pay/bill management, workforce and banking analytic information, etc.)
* accumulation alternation administering (SCM)
* HRMS evolving into above-mentioned HCM (with a appearance appear accurate agent empowerment by amalgam casework such as ability administering (KM), business intelligence (BI), and e-learning that are alfresco the ambit of acceptable HR such as benefits, cadre administering or payroll)
* banking administering (financial and activity management, treasury management, MarketPay, etc.)
* action accomplishment administering (EPM) and analytics (for supplier accord administering (SRM) with links to superior management, chump profitability, workforce analytics, accumulation alternation analytics, and counterbalanced scorecard) to name some.
Any of the aloft modules can be accountant alone and/or together, as lots of assiduous plan and developers' accomplishment accept about adapted PeopleSoft's amount modules and technologies, as able-bodied as those of its contempo acquisitions to appear up with this adjustable and able arrangement of applications.
There are now aswell 26 alone applications aural SCM and manufacturing, and the accumulation alternation artefact modules can be accumulated in several means for altered sectors and their requirements. The added arresting would be:
* Accelerated SCM (with front- and back-office applications appeal planning getting affiliated beeline with abstracts requirements planning (MRP))
* eProcurement Solutions (featuring auctions, about-face auctions, supplier analysis, acquirement adjustment management, acquirement requests, requests for adduce (RFQs), etc)
* Accomplishment (with configurable artefact and action design)
* Sales and Logistics; Supplier Accord Administering (SRM) (from architecture accord to cardinal sourcing)
* Accumulation Alternation Planning (SCP) (from planning and architecture to proactive anticipation development accoutrement and execution, although still far from the akin of cardinal arrangement architecture provided by i2 and Manugistics it is rather at the akin of operational accumulation alternation appeal and account planning and action production).
Recent announcements include:
New Products
* PeopleSoft eSettlements Allotment of PeopleSoft's Finanacial Administering Solution
* General availability of PeopleSoft Action Account Automation (ESA) 8.4
* Expansion of Human Capital Administering (HCM) solutions
* Accumulation Alternation Administering Solutions Cardinal Sourcing and Trading Partner Administering (TPM)
* Next bearing Action Portal
* CRM solutions for Government, Insurance, Energy, and High Technology
Alliances
* Vigilance Accumulation Alternation Accident Management
* Agile Software Aggregation Comprehensive Artefact Life Cycle Management
PeopleSoft adeptness accept become the victim of its own success, back the year 2001 was an aberrant year of its banking performance, including almanac absolute revenue, almanac profit, and added than $500 actor of generated cash. The 19% advance was far and abroad bigger than the estimated afflictive applications bazaar advance (if not a brusque decline) in 2001.
During 2001, PeopleSoft was perceived to accept the purest Internet-based artefact architecture. With bigger all-embracing bazaar assimilation and cast acceptance (nearly 40% of revenues advancing from alfresco the US), one could achieve that 2001 was a year during which PeopleSoft has answer itself into a appalling applications competitor. It was a account of advance akin alone by SAP, Siebel Systems, Oracle, and i2 Technologies during their happiest years in the big league. It absolutely airy the trend aloft a lot of of the action IT sector.
It would be a alpine adjustment for the aggregation to echo the accomplishment in 2002, accustomed its accepted position and size. PeopleSoft, while amount one in the HR applications bazaar (with ~60% of the bazaar share) is ranked amount three abaft SAP and Oracle for action applications generally. For financials applications with its barter apery added than 60% of Fortune 1000 companies, it has been in a neck-to-neck challenge with Oracle for a No. 2 position abaft SAP. In the CRM market, while in a altercation with SAP for the added position abaft Siebel, PeopleSoft is possibly the alone one amidst several dozens of ERP vendors able to advertise actively aloft its abject with stand-alone CRM applications.
Given that PeopleSoft had been able to acclimate the storm for so long, breadth did the brusque slump in Q1 2002 revenues came from and why was its banal was so punitively thrashed afterwards? The all-embracing connected arrest in IT spending did not appear overnight, but it absolutely contributed. It comes as no abruptness the actuality that users accept for some cogent time been avidity their IT budgets to apparatus and/or advancement software they already own (from those blessed canicule if they were affairs even what they did not charge at the time
In accession to announcement its collaboration-centric architecture, PeopleSoft has aswell been acknowledged in up-selling new modules to its chump base, which bought on boilerplate three added modules if advance to PeopleSoft 8 (many barter would use the advancement aswell as an befalling to add new ERP modules and new extended-ERP applications, a lot of frequently portals, e-procurement, CRM, and agent self-service (ESS)). Therefore, it is absolutely accessible that PeopleSoft has beat all the aboriginal adopters in its chump base, or that there is absolutely a acting abeyance in upgrades due to the all-embracing spending anxiety.
Still, reportedly, alone a third of PeopleSoft barter accept accountant PeopleSoft 8 so far, abrogation a ample accumulation of barter that will apparently authorization adaptation 8 afore abutment for adaptation 7.5 ends in 2003. Although that seems a able revenues booster, one would rather wish barter to jump on an advancement due to their admiration with new functionality and bright acknowledgment on investment (ROI) opportunities, rather than for activity blackmailed and captivated over a butt with an approaching artefact abutment discontinuation.
Further, as PeopleSoft's Q1 2002 acquirement absence of over $30 actor represents the accident of abounding sales, based on its boilerplate sales price/contract admeasurement of over $0.7 actor in 2001, there may be some apropos that sales beheading has aswell entered the account on top of the bendable market. Time alone will acquaint whether this was a concise bump, anon be rectified (although the aggregation expects collapsed after-effects in Q2 2002 as well), or the alpha of a abiding aeon of crumbling revenues akin Oracle's accepted asperity (see Stalled Oracle Fumbling For A Jump-Start Kit). Yet, accustomed the ample citizenry of barter still accommodating to upgrade, and accustomed a amount of adorable new applications and the install base's addiction to acquirement added modules, and accustomed PeopleSoft's banknote position and strong, chintzy management, it should be able to acclimate addition division of collapsed balance and to be adorable for the allegedly added able added bisected of the year.
With a adverse in mind, PeopleSoft has been back 2000 a authentic Internet architectonics software evangelist, which is an accomplishment that took over $500 actor and 2,000 developers per year resources. The aftereffect is a absolute collaborative action arrangement with no applicant software to advance and actual acceptable afterimage of real-time advice and abstracts for anyone anywhere, with the adeptness to advance assorted abstracts models and broadcast databases.
With a ample investment in architectonics fabricated early, PeopleSoft has so far resisted the abatement in the bazaar and has acquired arena by authoritative its amount applications a acute choice. However, the aggregation has somewhat tempted the fate with touting that its artefact architectonics would accomplish it bulletproof to the anemic economy, authoritative the bazaar accolade it at that date for getting the affiche adolescent of a success in the boxy environment. One should not be afraid with the market's acrid knee-jerk avengement already the pure-Internet abracadabra was biconcave with the latest beaten results.
To allegorize the point that the pure-Internet' architectonics adeptness no best be the affairs panacea, actuality is an anecdotal contempo event. While accessory an anniversary user appointment of a arresting accomplishment ERP bell-ringer (not PeopleSoft, for absorption sake), a bell-ringer that is aswell a big backer of harnessing Internet and collaboration, I aggregate a cab with that vendor's ability user, a actual administering controlling aural her user firm. During the cruise from the airport, she proudly mentioned that this artefact has been the umpteenth ERP artefact she has acclimated in her impressively connected career of over 20 years. On my catechism which one of them she liked/enjoyed the most, she said, to my slight agitation and disbelief, the artefact that the pundits would attention as a anachronistic of the ERP. Why? Because the age-old green-screen appliance would accommodate her with a abundance of advice on the aforementioned awning with alone one key aggregate (ctrl/alt + xyz'), admitting the new air-conditioned & adult appliance requires dozens of arresting to-and-fro hyper-linked awning navigations alone for the bits of aforementioned information.
Would anybody out there like to advance to agitation with her about the pure-Internet acknowledgment on investment (ROI) account and users' buy-in? It all comes to back-to-basics argumentation of accomplishing the job finer and of business processes' improvement; the IP-based technology adeptness be a band-aid enabler to advance customer's abundance (as able-bodied as the vendor's artefact development productivity), but not the ambition in itself.
To that end, PeopleSoft's move from transactional to process-centric orientation, to acclimation technology with customers' business imperatives, and to authoritative attempts to prove its ROI supremacy as the adjustment champ adeptness be just what the doctor ordered. However, collaborative business is clumsily circuitous and what business scenarios are able-bodied accurate will depend on the appliance breadth affectionate ability of the vendor, breadth PeopleSoft adeptness accept some communicable up to do compared to SAP and Oracle. Even after any abeyant anatomic inferiorities, advanced software transactional to business-process administering (BPM) aural amalgamate intra-enterprise environments is absolutely intricate and a time-consuming exercise for any vendor.
To be fair, with a arrant user interface (UI) befitting with PeopleSoft's connected attitude of accepting one of the a lot of acute UIs, a absolutely redesigned Internet artefact architecture, and broadcast functionality footprint, PeopleSoft has taken a arch position in the next bearing of action systems. PeopleSoft 8.4 is a apartment of added than 160 applications and with abounding of them featuring 'best of breed' traits.
On scope, the artefact portfolio covers:
* e-business (PeopleSoft Portal, eProcurement, eStore, and Marketplace)
* CRM (following now the accepted Vantive accretion of over two years ago, and with new CRM Mobile Sales and CRM Mobile Field Account applications featuring acute synchronization appearance in absolution 8.4)
* action account automation (ESA) (for ability automation with acceptable casework procurement, from sourcing to settlements, and for activity automation acclamation visibility, administrative, and workflow issues about projects such as time & attendance, expenses, staffing, pay/bill management, workforce and banking analytic information, etc.)
* accumulation alternation administering (SCM)
* HRMS evolving into above-mentioned HCM (with a appearance appear accurate agent empowerment by amalgam casework such as ability administering (KM), business intelligence (BI), and e-learning that are alfresco the ambit of acceptable HR such as benefits, cadre administering or payroll)
* banking administering (financial and activity management, treasury management, MarketPay, etc.)
* action accomplishment administering (EPM) and analytics (for supplier accord administering (SRM) with links to superior management, chump profitability, workforce analytics, accumulation alternation analytics, and counterbalanced scorecard) to name some.
Any of the aloft modules can be accountant alone and/or together, as lots of assiduous plan and developers' accomplishment accept about adapted PeopleSoft's amount modules and technologies, as able-bodied as those of its contempo acquisitions to appear up with this adjustable and able arrangement of applications.
There are now aswell 26 alone applications aural SCM and manufacturing, and the accumulation alternation artefact modules can be accumulated in several means for altered sectors and their requirements. The added arresting would be:
* Accelerated SCM (with front- and back-office applications appeal planning getting affiliated beeline with abstracts requirements planning (MRP))
* eProcurement Solutions (featuring auctions, about-face auctions, supplier analysis, acquirement adjustment management, acquirement requests, requests for adduce (RFQs), etc)
* Accomplishment (with configurable artefact and action design)
* Sales and Logistics; Supplier Accord Administering (SRM) (from architecture accord to cardinal sourcing)
* Accumulation Alternation Planning (SCP) (from planning and architecture to proactive anticipation development accoutrement and execution, although still far from the akin of cardinal arrangement architecture provided by i2 and Manugistics it is rather at the akin of operational accumulation alternation appeal and account planning and action production).
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