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PeopleSoft Recuperating Slowly, Hoping to Sink 1999 into Oblivion Quickly
On February 1, PeopleSoft announced its financial results for 1999. PeopleSoft continues the slow recovery that a majority of ERP vendors across the board have
1999 into Oblivion Quickly PeopleSoft Recuperating Slowly, Hoping to Sink 1999 into Oblivion Quickly P.J. Jakovljevic - February 23rd, 2000 Event Summary In 1999, PeopleSoft posted flat revenues of $1.43B compared to revenues of $1.47B in 1998. Profits declined 87% to $21M for 1999 compared to $164.1M in 1998, excluding nonrecurring costs. When including nonrecurring costs, PeopleSoft lost $177.8M in 1999. For the fourth quarter of 1999, revenue topped $372M and profits hit $11M, a 9.5% revenue drop from
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PeopleSoft Revamps World for Its Mid-Market
The major factors of success in business applications for the mid-market segment have traditionally been--flexible pricing, packaging and deployment options
Edwards & Company , PeopleSoft , Inc. (NASDAQ: PSFT), has been making decisive moves to deliver a number of new, and refurbished solutions, in a great part by leveraging its recently acquired product portfolio. Although the vendor has acted swiftly on assimilating its former competitor (see PeopleSoft Gathers Manufacturing and SCM Wherewithal ), these recent initiatives might show us that the vendor has moved even farther from the digestion stage and into a full-blown execution and productivity phase.
Commerce One Goes High, Wide and PeopleSoft
E-procurement powerhouse Commerce One creates business-to-business marketplaces in Canada and Latin America It has also launched a phalanx of portals in
Goes High, Wide and PeopleSoft Event Summary Commerce One (NASDAQ: CMRC) announced a broad range of initiatives in E-procurement. Continuing in its apparent strategy to dominate E-procurement outside of the United States (See TEC News Analysis article: Commerce One to Procure for the Antipodes...and Elsewhere ), the company will partner with TD Bank Financial Group (NYSE/TSE: TD) to build an electronic marketplace and trading portal in Canada. TD Bank Financial Group is a Canadian firm that has
PeopleSoft - Catching Its Second Wind From The Internet Part 2: Strengths and Challenges
PeopleSoft invested two years and over a half billion dollars to develop new Internet-based enterprise applications. It now has a pure Internet platform a new
2: Strengths and Challenges PeopleSoft - Catching Its Second Wind From The Internet Part 2: Strengths and Challenges P.J. Jakovljevic - June 6, 2001 Executive Summary PeopleSoft, Inc. is one of the leading developers of enterprise business applications, which helps governments, higher education institutions and large-to-medium sized corporations manage human resources (HR), financials, supply chain management (SCM), customer relationship management (CRM), e-Business and business intelligence data from
While Oracle and PeopleSoft Are to Fuse, Competitors Ruse--Leaving Customers (Somewhat) Bemused
The recent merger of Oracle and PeopleSoft requires, among many other things, finding a perfect balance between cultivating the install base versus the zeal for
Oracle and PeopleSoft Are to Fuse, Competitors Ruse--Leaving Customers (Somewhat) Bemused Observation of Recent Events Courtroom drama, emotions, and personal recriminations have emerged from the flurry of typically friendly, if not civil, acquisitions in the IT world. While the business application software space began seeing consolidations as early as the 1990s with the disappearance of once prominent names like Dun & Bradstreet Software or ASK Group , an onslaught of mergers emerged in the early
PeopleSoft Completes Acquisition of Vantive; Vantive CRM Applications Integrate with PeopleSoft and Other ERP Systems
On January 3, 2000 PeopleSoft Inc. announced it had completed its acquisition of The Vantive Corporation, the world's second-largest independent supplier of
CRM Applications Integrate with PeopleSoft and Other ERP Systems Event Summary On January 3, 2000 PeopleSoft Inc. announced it had completed its acquisition of The Vantive Corporation, the world's second-largest independent supplier of customer relationship management (CRM) solutions. The transaction was completed December 31, 1999 with the issuance of approximately 28 million shares of common stock and options to purchase common stock, and is anticipated to be accounted for as a pooling-of-interests.
PeopleSoft - Again A Force To Be Reckoned With?
PeopleSoft is back with a vengeance! During its users conference, Connect, which took place in Los Angeles on October 22-26, it unveiled a slew of new products
To Be Reckoned With? PeopleSoft - Again A Force To Be Reckoned With? P.J. Jakovljevic - November 10, 2000 Event Summary During its users conference, Connect, which took place in Los Angeles on October 22-26, PeopleSoft Inc. (NASDAQ: PSFT), a leading business applications provider, unveiled a slew of new products in its bid to maintain its current turnaround momentum. Among them were a new product for online financial settlements between companies doing business over the Internet, called PeopleSoft
How to Cope When Your Service Provider is Acquired
Challenges are aplenty when a vendor is acquired. Financial health is no longer a safe indicator to gauge a vendor's future during this mega merger era. Knowing
Oracle's hostile takeover of PeopleSoft would result in a duopoly, thereby violating US antitrust laws. After months of expert testimony, US District Court Judge Vaughn Walker ruled that competition was pervasive enough in the industry not to be undermined by Oracle's ambition. Free to proceed, Oracle finalized its takeover bid in December, paying approximately $10.3 billion (USD) for PeopleSoft. Part Seven of the While Oracle and PeopleSoft Are to Fuse, Competitors Ruse—Leaving Customers (Somewhat)
Should PeopleSoft be Overly Happy?
PeopleSoft announced financial results and major highlights for the quarter ended March 31.
PeopleSoft be Overly Happy? Should PeopleSoft be Overly Happy? P.J. Jakovljevic - June 1, 2000 Event Summary In April, PeopleSoft announced financial results for the quarter ended March 31. Revenues, net income and net income per share for Q1 2000 from recurring operations were $375.4 million, $11.0 million and $0.04, respectively. This compares with revenues, net income and net income per share from recurring operations of $350.1 million, $7.9 million and $0.03, respectively for Q1 1999
PeopleSoft Gathers Manufacturing and SCM Wherewithal Part One: Recent Anouncements
Hiring the former APICS president to head its manufacturing industry efforts a year ago, the high profile acquisition of renowned manufacturing ERP provider J.D
Gathers Manufacturing and SCM Wherewithal Part One: Recent Anouncements Event Summary In our relatively recent article about the still ongoing consolidation in the market (see What Does Vendor Consolidation Mean To The End User? ), we mentioned that the market will not stop short at the eventual Big Few or so many leading largest vendors. Namely, we expect the market for application software to further segregate into two tiers. The first group will be a limited number of very large vendors,
Oracle Releases New Mobile Applications for Oracle’s PeopleSoft
At Oracle Open World in San Francisco, Oracle launched PeopleSoft Mobile Expenses, PeopleSoft Mobile Approvals, and PeopleSoft Mobile Company Directory. As a
Mobile Applications for Oracle’s PeopleSoft At Oracle Open World in San Francisco, Oracle launched PeopleSoft Mobile Expenses, PeopleSoft Mobile Approvals, and PeopleSoft Mobile Company Directory . As a result, users will have the option to access important business information, processes, and analytics in real time. The three PeopleSoft mobile apps employ HTML5 and CSS3 technologies, which implies relatively low costs for deployment and maintenance. Oracle also announced that the
What's Ahead for Users on the Enterprise Infrastructure Battlefront?
The battle between Oracle, Microsoft, SAP, and IBM goes far beyond applications -- it goes right into the technology stack or the enterprise infrastructure. As
since Oracle successfully acquired PeopleSoft , which was finalized in December. The process was far from pretty, involving court cases and not to mention some bad blood between executives. Now it is the competition's turn to react. Because Oracle's product roadmap does not include active marketing for PeopleSoft and J.D Edwards , the competition, including SAP and Microsoft are wooing existing clients, offering all kinds of incentives to get disconcerted customers to switch. Part two of the While Oracle
PeopleSoft Revamps World for Its Mid-Market
PeopleSoft needs to more efficiently mine its client base by doing a better job of selling the broadened offering, by getting its affiliate channel both excited
Challenges and User Recommendations PeopleSoft Revamps World for Its Mid-Market Express Conquest Part Four: Challenges and User Recommendations P.J. Jakovljevic - July 29, 2004 Challenges Recently inaugurated as the No. 2 leading business applications provider after digesting the former J.D. Edwards & Company , PeopleSoft , Inc. (NASDAQ: PSFT), has been making decisive moves to deliver a number of new, and refurbished solutions, in a great part by leveraging its recently acquired product portfolio.
PeopleSoft: Giving Fervent Hope To The Market And Jitters To The Competition. Part 1: The News
PeopleSoft is seeking to make bigger strides in the CRM, SCM and B2B software markets with its recent spate of product releases. While Wall Street praises the
26, 2001 Event Summary PeopleSoft is seeking to make bigger strides in the CRM, SCM and B2B software markets with its recent spate of product releases. The rhetoric and hype aside, the fact is that PeopleSoft has become a fearsome enterprise applications provider. PeopleSoft has joined the elite group of vendors that can deliver a majority of the components of a complete e-business framework. If one considers all aspects of a CRM or SCM evaluation, PeopleSoft has earned the license to be evaluated
PeopleSoft Strategy a Good Deal for JD Edwards Customers
Putting PeopleSoft's strategy to work for the JD Edwards community. What can the JD Edwards install-base expect from the PeopleSoft merger?
team of the new PeopleSoft addressed a tough audience of financial and industry analysts this day. We got to ask them the tough questions on the JD Edwards/PeopleSoft merger. This merger is about product expansion, not consolidation is Craig Conway's (CEO of PeopleSoft) commitment and mantra to customers and investors. His analogy is the Jaguar, purchased by the Ford Motor Company. Ford did not eliminate the Jaguar—it made it better. PeopleSoft's objective is to take aim, first and foremost, at SAP.
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