PeopleSoft's Latest Analytics Suite a Fusion Showcase
PeopleSoft Planning and Budgeting now integrates with PeopleSoft Workforce Rewards and PeopleSoft Human Capital Management. As a result, the application is now able to offer compensation planning. This new application supports the modeling of different compensation scenarios and "what if" analysis of compensation requirements.
Tighter Integration
Tighter integration linkages among the various applications in the EPM suite -- which in some cases has yielded additional applications or value-add functionality -- is a key feature of the upgrades, Leone said.
PeopleSoft Planning and Budgeting, for instance, now integrates with PeopleSoft Workforce Rewards and PeopleSoft Human Capital Management. As a result, the application is now able to offer compensation planning. This new application supports the modeling of different compensation scenarios and "what if" analysis of compensation requirements. A user can access data from either or both Workforce Rewards and Human Capital Management as they experiment with these scenarios.
PeopleSoft EPM 9 also deepens the integration between PeopleSoft Global Consolidations, another application in EPM that consolidates financial data from disparate sources, and PeopleSoft Internal Controls Enforcer.
New control diagnostics for setup, segregation of duties and security access in Global Consolidations 9 can monitor the controls inherent in organizations' financial control and reporting operations, the company explained.
Workday Enterprise Business Services
Workday is delivering the next generation of on-demand enterprise business services.
Workday was founded in March, 2005 by former PeopleSoft founder and CEO,
Dave Duffield to bring a passion for innovation and a focus on the customer back to enterprise applications
They are offering:
Human Capital Management
Revenue Management
Resource Management
Financial Management
PeopleSoft founder targets Oracle with new company
PeopleSoft founder Dave Duffield, who lost the software maker in a hostile takeover by Oracle Corp, returned to the industry on Monday with a new company looking to challenge his larger rival.
Workday Inc., funded mainly by Duffield, will offer Web-based software that helps companies automate their human resources systems in a bid to take advantage of growing demand for applications delivered over the Internet.
The company will compete in the so-called human capital management software market led by Oracle and SAP AG of Germany that AMR Research estimates at about $6 billion.
Duffield said Workday is partly a reincarnation of PeopleSoft and he noted his decision to return to the industry began during his battle with Oracle when he came out of retirement to try to save his former company.
"We worked hard to keep PeopleSoft out of the clutches of Oracle," he told a news conference. "While Oracle prevailed it offered someone a chance to take a fresh approach to solving business problems."
Paul Hamerman, an analyst at Forrester Research, said Workday will eventually target those large Oracle and SAP customers frustrated with owning software that is often expensive to buy and difficult to maintain.
He also said Duffield brings immediate credibility, a team of industry veterans and a product based on a hot technology to his new company.
"He has tremendous credibility in the industry and a team of veterans with him," Hamerman said. "Ultimately, he is targeting the large on-premise ERP software vendors."
Initially, the company will target businesses employing 1,000 to 5,000 workers with revenue ranging from $200 million to $1 billion, said Workday co-founder and former PeopleSoft board member Aneel Bhusri.
But Workday will look to expand its offerings beyond those targeting human resources to take on Oracle and SAP in the wider market for business software aimed at large corporations, he added.
"Our goal is to be a supplier to Fortune 500 companies just like we were at PeopleSoft," Bhusri said in a telephone interview. "In the long run, two to three years, we will compete against Oracle and SAP.
Workday marks Duffield's return to a consolidating software industry where Oracle has spent $20 billion over the last two year buying its rivals, including PeopleSoft.
Oracle launched a bitter takeover battle for PeopleSoft in June 2003. Eventually Duffield resigned in December 2004 after PeopleSoft's board accepted Oracle's $10.3 billion offer.
Duffield's new company is looking to fast-growing companies like Salesforce.com and RightNow Technologies as examples of demand for Web-based software that for many businesses is often easier to use and maintain that traditional installed software.
Web-delivered software will grow to 25 percent of business software revenue in 2011 from 5 percent in 2005, according to technology research firm Gartner.
"Salesforce is the poster child for how successful on-demand can be," Bhusri said. "They have really whet the appetite for people who want on-demand for (business planning software)."
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Oracle's PeopleSoft Enterprise applications
Oracle's PeopleSoft Enterprise applications are designed for the most complex business requirements. They provide web services integration with multivendor and homegrown applications and can be easily configured and adapted to meet the most unique customer requirements. In addition, PeopleSoft Enteprise supports a very broad choice of technology infrastructure.
1. Campus Solutions
2. Customer Relationship Management
3. Enterprise Performance Management
4. Financial Management
5. Human Capital Management
6. Service Automation (Project Management)
7. Supplier Relationship Management (Procurement)
8. Supply Chain Management
