PeopleSoft ERP
PeopleSoft was purchased by Oracle for about $10.3 billion in 2005. PeopleSoft was one of Oracle's highest profile acquisitions intended to help it compete better with business applications market leader SAP.
ERP Software. Browser based cloud technology.
PeopleSoft offered enterprise applications, asset lifecycle management, CRM, enterprise performance management, project management, financial management, human capital management, SRM (procurement) and SCM or supply chain management solutions. Oracle's purchase of PeopleSoft was based on their goal to acquire software vendors that they have identified as strategic in key horizontal, vertical, and nichemarkets.
Oracle executives have recently offered some details of how its various application suites, including PeopleSoft CRM, will be merged into their forthcoming "Fusion" family. Siebel's software, strongest for CRM, will be used as the core, and will be merged with the best functions and design elements donated from Oracle's E-Business Suite and JD Edwards CRM.
Oracle has stressed that Fusion will be developed with an eye toward the SOA model, or service oriented architecture. The Fusion applications are expected in 2008. There are currently other independent software vendors (ISVs) who already offer ERP and other software applications on a SOA or service oriented model, such as Tuppas Software and ShopFloorReporting.com.
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