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Encyclopedia > PeopleSoft

PeopleSoft, Inc. was a software company that provided HRMS (human resource management), CRM (customer relationship management), Manufacturing, Financials, EPM (Enterprise Performance Management) and Student Administration software solutions to large corporations, governments, and organizations. Founded in 1987 by David Duffield and Ken Morris, and headquartered in Pleasanton, California, PeopleSoft's roots began with an idea Duffield had about a "Client-Server" (then a new concept) version of Integral's popular mainframe HRMS package. Once Integral declined development and released Duffield to pursue this endeavor on his own, PeopleSoft was born. In January 2005, however, PeopleSoft was acquired by the Oracle Corporation and ceased to be an independent company, although its products continue to be used by thousands of companies. Computer software (or simply software) refers to one or more computer programs and data held in the storage of a computer for some purpose. ... Human Resource Management Systems (HRMS), Human Resource Information Systems (HRIS), or also called HR modules, shape an intersection in between human resource management and information technology. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... A corporation is a legal person which, while being composed of natural persons, exists completely separately from them. ... 1987 (MCMLXXXVII) was a common year starting on Thursday of the Gregorian calendar. ... David Duffield (born 1941) is a U.S. businessman in the software industry. ... Official website: http://www. ... Client/Server is a network application architecture which separates the client (usually the graphical user interface) from the server. ... Mainframes (often colloquially referred to as big iron) are large and expensive computers used mainly by government institutions and large companies for legacy applications, typically bulk data processing (such as censuses, industry/consumer statistics, ERP, and bank transaction processing). ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Oracle Corporation (NASDAQ: ORCL) is one of the major companies developing database management systems, tools for database development, enterprise resource planning software, customer relationship management software (CRM) and supply chain planning (SCM) software. ...


The software is modularized into specific components: HRMS (including payroll, human resources, benefits, etc.), Financials (including Accounts Payable, Accounts Receivable, General Ledger, Asset Management, EPM, etc), Manufacturing (including inventory, purchasing, billing, order management, production management, cost management), Student Administration, and CRM (including helpdesk, support, and sales). PeopleSoft is well known for its ability to be easily "customized," or tailor-made, to fit the specific business needs of each client, while still being generic enough to meet corporate and governmental tracking requirements. Its detractors decry the frequent bugs found in the system, which required patches and fixes. PeopleSoft — like most large software companies — spawned an industry-within-an-industry of PeopleSoft consulting, the implementation and maintenance of the product. Modularity is a concept that has applications in the contexts of computer science, particularly programming, as well as cognitive science in investigating the structure of mind. ... Payroll is one of a series of accounting transactions dealing with the process of paying employees for services rendered, after processing of the various requirements for withholding of money from the employee for payment of payroll taxes, insurance premiums, employee benefits, garnishments and other deductions. ... A computer bug is an error, flaw, mistake, failure, or fault in a computer program that prevents it from working as intended, or produces an incorrect result. ...

Contents


Product design

The whole software suite of PeopleSoft moved from the traditional client-server based design to web-centric design, called PeopleSoft Internet Architecture(PIA) with their version 8 releases. The end result was that all of a company's business functions could be accessed and run on a web client (i.e. Internet Explorer, Netscape, Mozilla). A small number of security and system setup functions, though, still needed to be performed on a fat client machine. It successfully weathered architectural changes from client-server to the internet due to its innovative meta-database design. The World Wide Web (WWW or simply the Web) is a global, read-write information space. ... The data itself is stored on the server. ... A database is an organized collection of data. ...


The architecture is built around PeopleSoft’s own PeopleTools technology. PeopleTools is a proprietary development platform created by PeopleSoft. This platform includes many different components a developer needs to create an application including a scripting language, user interface design tools, standard security structure, and batch processing tools. The benefit of creating their own development platform allowed PeopleSoft applications to run under many different operating systems and database platforms. It is not tied to a single database platform (though with the Oracle takeover, it is possible this could change in the future). Once mastered, the PeopleTools development platform allows for rapid development and deployment. PeopleSoft implementations exist on Oracle, Microsoft SQL Server, and IBM DB2. oracle, see Oracle (disambiguation) An Oracle database, strictly speaking, consists of a collection of data managed by an Oracle database management system or DBMS. The term Oracle database sometimes refers — imprecisely — to the DBMS software itself. ... Microsoft SQL Server is a relational database management system (RDBMS) produced by Microsoft. ... DB2® is IBMs family of information management software products. ...


All of PeopleSoft’s modules (Human Resources, Supply Chain, Financials, CRM, etc.) are built with the PeopleTools technology. A benefit of the technology is that all the code which makes up a module can be customized to suit the owner’s business needs. However, this ease of customization has led to some failed or failing implementations of the PeopleSoft products due to over-customizations or poorly designed customizations.


In the early 2000s, some of the large companies who used PeopleSoft began outsourcing the maintenance of their Peoplesoft implementations to other countries. This trend of Offshore Development had a significant negative impact to the consulting industries within the Americas and Western Europe, and a significant positive impact to India-based offshore outsourcing companies.


J.D. Edwards

In 2003, PeopleSoft performed a friendly merger with smaller rival J.D. Edwards software. The rival with a similar product line provided strange synergies for the newly-combined company. J.D. Edwards products catered to small to mid-sized companies running a variety of hardware platforms, including IBM AS/400, HP, UNIX, and Windows, as well as various database systems, like Oracle, Microsoft SQL Server, and IBM DB2. In addition, PeopleSoft was then committed to supporting an old-style "green screen" application — the same application which drove Duffield to branch out and create PeopleSoft in the first place. 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... The phrase mergers and acquisitions or M&A refers to the aspect of corporate finance strategy and management dealing with the merging and acquiring of different companies as well as assets. ... J.D. Edwards was a software company founded in March 1977 in Denver, Colorado by John Thompson, Dan Gregory and Ed McVaney. ... Synergy or synergism (from the Greek synergos meaning working together, circa 1660) refers to the phenomenon in which two or more discrete influences or agents acting together create an effect greater than the sum of the effects each is able to create independently. ... In computing, a platform describes some sort of framework, either in hardware or software, which allows software to run. ... For other uses, see IBM (disambiguation). ... The Application System/400 (AS/400) is an IBM minicomputer for general business and departmental use, introduced in 1988 and still in production under the names iSeries and i5. ... The Hewlett-Packard Company (NYSE: HPQ), commonly known as HP, is a very large, global company headquartered in Palo Alto, California, United States. ... Unix or UNIX is a computer operating system originally developed in the 1960s and 1970s by a group of AT&T Bell Labs employees including Ken Thompson, Dennis Ritchie, and Douglas McIlroy. ... ‹ The template below has been proposed for deletion. ... A database is an organized collection of data. ... oracle, see Oracle (disambiguation) An Oracle database, strictly speaking, consists of a collection of data managed by an Oracle database management system or DBMS. The term Oracle database sometimes refers — imprecisely — to the DBMS software itself. ... Microsoft SQL Server is a relational database management system (RDBMS) produced by Microsoft. ... DB2® is IBMs family of information management software products. ...


Oracle Corporation

Beginning in 2003, PeopleSoft battled with Oracle over control of the PeopleSoft company. In June 2003, Oracle made a $7 billion bid ($19.50/share) in a hostile corporate takeover attempt. In February 2004, Oracle increased their bid to approximately $9.4 billion ($26/share), a 33% increase; this offer was also rejected forthwith by PeopleSoft's board of directors. Later that month, the U.S. Department of Justice filed suit to block Oracle, on the grounds that the acquisition would break anti-trust laws; however, in September 2004, the suit was rejected by a U.S. Federal judge, who found that the Justice Department had not proven its anti-trust case; in October, the same decision was handed down by the European Commission. Though Oracle had reduced its offer to $7.7 billion ($21/share) in May, it again raised its bid in November to $9.4 billion ($24/share), marking a 14% increase. 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... Oracle Corporation (NASDAQ: ORCL) is one of the major companies developing database management systems, tools for database development, enterprise resource planning software, customer relationship management software (CRM) and supply chain planning (SCM) software. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... This article is about general United States currency. ... The word billion and its equivalents in other languages refer to either one million million or one thousand million, depending on whether the writer is using the long scale or the short scale. ... A takeover in business refers to one company (the acquirer) purchasing another (the target). ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... The United States Department of Justice (DOJ) is a Cabinet department in the United States government designed to enforce the law and defend the interests of the United States according to the law and to ensure fair and impartial administration of justice for all Americans. ... A lawsuit is a civil action brought before a court in which the party commencing the action, the plaintiff, seeks a legal remedy. ... Media:Example. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Motto: (1789 to 1956) (Latin for Out of many, one) In God We Trust (1956 to present) Anthem: The Star-Spangled Banner Capital Washington, D.C. Largest city New York City Official language(s) None at federal level; English (de facto) Government Federal Republic  - President George W. Bush (R)  - Vice... A federal judge is a judge appointed in accordance with Article III of the United States Constitution. ... The European Commission (formally the Commission of the European Communities) is the executive body of the European Union. ...


In December 2004, Oracle announced that it has signed a definitive merger agreement to acquire PeopleSoft for approximately $10.3 billion ($26.50/share). In January 2005, Oracle fired massive numbers of former PeopleSoft employees. Although these cuts affected about 9% of the 55,000 staff of the combined companies, they stated that they would maintain at least 90% of PeopleSoft's product development and support staff, at least for the time being. 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...


PeopleSoft is merged with Oracle and a new product Fusion is to be released by Oracle in near future.


PeopleSoft in use

PeopleSoft software has been successfully implemented by many of its customers. However, perhaps as the problem it attempts to solve is at once so very crucial and difficult, there have been situations leading to litigation. As with any ERP software, the implementation process (including analysis, planning and development), performance (load) testing and various other types of software testing is absolutely critical towards the success of the project. ... Software testing is the process used to help identify the correctness, completeness, security and quality of developed computer software. ...


In 1997, Cleveland State University licensed PeopleSoft's software for tracking student records. After seven years of difficulties, they sued PeopleSoft for $510 million, claiming breach of contract, fraud, negligent misrepresentation and four other counts. The university claimed that software developed by PeopleSoft was missing specified features, and as a result caused disruption to their admissions process. PeopleSoft claimed that they had followed industry best practices. 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... Cleveland State University (abbr. ... A contract is a promise or an agreement that is enforced or recognized by the law. ... In law, negligence is a type of tort or delict that can be either criminal or civil in nature. ...


In December 1999, seven of the eight "Big Ten" Midwestern universities which licensed PeopleSoft's software wrote a joint, open letter to the PeopleSoft CEO complaining about quality and performance issues. 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... Big Ten Conference The Big Ten Conference is the United States oldest college athletic conference. ... The Midwest is a common name for a region of the United States of America. ... It has been suggested that Licensing (strategic alliance) be merged into this article or section. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ...


In the winter of 2003, UMass Amherst rolled out PeopleSoft's student records system, which was widely disparaged as clumsy and failed during the sign-up period in the Fall 2004 semester. The interface has since improved to address many of the students' concerns. Winter is one of the four seasons of temperate zones. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... The University of Massachusetts Amherst (otherwise known as UMass Amherst or simply UMass) is a land-grant university in Amherst, Massachusetts. ...


The California State University system adopted PeopleSoft in the early 2000s. The university spent $500 million on this system in a process so deficient that it resulted in an investigation and a rebuke by the state legislature. The Report of the California State Auditor criticised the University, amongst other things, for not having a business case for the implementation. When asked why it never conducted a formal return-on investment analysis on the CMS project, the university explained that the magnitude of potential savings estimated by its consultants, IBM and Pacific Partners Consulting Group (Pacific Partners), led them to believe that such a formal analysis was unnecessary. The California State University (CSU) is one of three public higher education systems in the state of California. ...


The University of Pittsburgh has been using PeopleSoft since early 2005. Some students at the university dislike the program; they claim that it is too cluttered, it has too many submenus, and it does not post grades on time. However, this could also be due to the failure of university administrators to enter grades in a timely fashion. The University of Pittsburgh is a state-related, doctoral/research university in Pittsburgh, Pennsylvania. ...


The University of Waterloo has been using PeopleSoft's HRMS since 2000 and Student Administration(SA) since 2001. In response to students' complaints upon overly and unnecessarily complicated interface, both subsystems have gone through numerous upgrades. The enrollment conflicts, and the need for course-override are to some extent reduced at the introduction of the latest upgrade. Many school policies, such as credit calculation, course selection and grade posting, are nevertheless dictated by limitations of PeopleSoft implementations. The University of Waterloo, also known as UW or simply Waterloo, is a medium-sized research-intensive public university in the city of Waterloo, Ontario, Canada. ...


PeopleSoft Timeline

  • 1987: PeopleSoft, Inc. founded by Dave Duffield and Ken Morris in California, USA.
  • 1988: PeopleSoft HRMS released.
  • 1991: Begins opening international offices.
  • 1994: Public distribution of Distribution and Financials modules.
  • 1995: Launch of Student Administration System.
  • 1996: Releases Manufacturing and PeopleSoft 6, their first ERP package.
  • 1997: PeopleSoft 7 is released within upgraded ERP modules.
  • 1999: Craig Conway named new CEO; release products to enable Internet transactions.
  • 2000: Acquired Vantive Corporation.
  • 2000: Deliver PeopleSoft 8 with an in-house application service provider.
  • 2005: Acquired by Oracle Corporation.

Ken Morris co-founded PeopleSoft and served as chief technology officer for the company for 11 years. ... PeopleSoft, Inc. ... Vantive was a CRM company in the late 1990s which was bought over by Peoplesoft in 1999 , which in turn was bought over by Oracle in 2005. ...

External links


  Results from FactBites:
 
PeopleSoft - Wikipedia, the free encyclopedia (1371 words)
PeopleSoft, Inc. was a software company that provided HRMS (human resource management), CRM (customer relationship management), Manufacturing, Financials, EPM (Enterprise Performance Management) and Student Administration software solutions to large corporations, governments, and organizations.
PeopleSoft is well known for its ability to be easily "customized," or tailor-made, to fit the specific business needs of each client, while still being generic enough to meet corporate and governmental tracking requirements.
In the winter of 2003, UMass Amherst rolled out PeopleSoft's student records system, which was widely disparaged as clumsy and failed during the sign-up period in the Fall 2004 semester.
PeopleSoft - definition of PeopleSoft in Encyclopedia (738 words)
The whole software suite of PeopleSoft is currently moving from the traditional client-server based design to web-centric design.
Later that month, the U.S. Department of Justice filed suit to block Oracle, on the grounds that the acquisition attempt would break anti-trust laws; however, in September 2004, this suit was rejected by a U.S. Federal judge, who found that the Justice Department had not proven its anti-trust case.
The university claimed that software developed by PeopleSoft was missing specified features, and as a result caused disruption to their admissions process.
  More results at FactBites »

 
 

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