Through the PeopleSoft acquisition, Oracle hereby gains a new customer base, increased market share, expertise, immediate recurring revenue sources, and new and overlapping products. However, keeping PeopleSoft's customers will take a great deal of diplomatic customer management and savvy engineering.
peoplesoft financial results
manufacturing within larger enterprises, PeopleSoft has also been adept at selling to federal, state, and local governments; telecommunications; healthcare; financial and education institutions; and to the real estate sector and mid-market manufacturing (via former J.D. Edwards), where Oracle has been far less successful. With the PeopleSoft acquisition, Oracle immediately becomes an undisputed market leader in HR applications, with an approximate 70 percent market share among Fortune 1000 companies. Orac