PeopleSoft has risen from its relatively humble origins in the Human Resource Management Systems (HRMS) arena, its sole focus as it begun life in 1987. Over the course of a decade or so, it added Supply Chain Management and Financials to its list of application offerings. In the last few years, in the face of slowing cash flows from its traditional strongholds, it has gone full bore toward Internet-based enterprise-wide - even cross-enterprise - solutions, trying to enter the game and be competitive with other top tier ERP-turned Collaborative Commerce vendors. Showing fiscal growth and, very-recently, notably-improved market acceptance, Peoplesoft may be the enterprise software turnaround story of the last decade.
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Just two years ago, PeopleSoft was regularly dismissed as struggling, and lost, particularly in the shadows of more formidable and marketing-oriented companies such as SAP and Oracle . It was being run by David A. Duffield, who built a friendly culture for both employees and customers. The company peaked financially in 1998, when it was, for a brief time, second only to SAP in enterprise software sales. But the walls came tumbling down in 1999, as the market for giant software packages that handled