PeopleSoft

Template:Use American English Template:Use dmy dates Template:Short description Template:Infobox company PeopleSoft, Inc. was an American company that provided human resource management systems (HRMS), financial management solutions (FMS), supply chain management (SCM), customer relationship management (CRM), and enterprise performance management (EPM) software, as well as software for manufacturing, and student administration to large corporations, governments, and organizations. It existed as an independent corporation until its acquisition by Oracle Corporation in 2005. The PeopleSoft name and product line are now marketed by Oracle.

History

Founded in 1987 by Ken Morris and David Duffield, PeopleSoft was originally headquartered in Walnut Creek, California, before moving to Pleasanton, California. Duffield envisioned a client–server version of Integral Systems popular mainframe HRMS package. He cofounded PeopleSoft after leaving Integral Systems which was also based in Walnut Creek. It should not be confused with Integral Systems of Columbia, Maryland, a different company. The company's sole venture backing came from IBM.<ref>Template:Cite web</ref> George J. Still Jr. from Norwest Venture Partners joined the Board of Directors.<ref>Template:Cite web</ref>

PeopleSoft version 1, released in late 1989,<ref name="CS"/>Template:Rp was the first fully integrated, robust client–server HRMS application suite.<ref name="CS">Template:Cite book </ref>

PeopleSoft expanded its product range to include a financials module in 1992, distribution in 1994, and manufacturing in 1996 after the acquisition of Red Pepper.<ref name="CS"/>

JD Edwards

In 2003, PeopleSoft accomplished a friendly merger with smaller rival JD Edwards.<ref name="JDE acquisition">Template:Cite web</ref> The latter's similar product line, World and OneWorld, targeted mid-sized companies too small to benefit from PeopleSoft's applications. JD Edwards' software used the Configurable Network Computing architecture, which shielded applications from both the operating system and the database back-end. PeopleSoft branded the OneWorld product PeopleSoft EnterpriseOne.<ref>Template:Cite web</ref>

Oracle Corporation acquisition

Beginning in 2003, Oracle began to maneuver for control of the PeopleSoft company. In June 2003, Oracle made a $13 billion bid in a hostile takeover attempt. In February 2004, Oracle decreased their bid to approximately $9.4 billion; this offer was also rejected by PeopleSoft's board of directors. Complicating Oracle's takeover attempt was PeopleSoft's poison pill, allowing their customers to potentially receive refunds of 2–5 times the amount they had paid in the case of a takeover.<ref>Template:Cite news</ref>

Later that month, the U.S. Department of Justice filed suit to block Oracle, on the grounds that the acquisition would break antitrust laws. In September 2004, the suit was rejected by a U.S. Federal judge, who found that the Justice Department had not proven its antitrust case. In October, the same decision was handed down by the European Commission. Although Oracle had reduced its offer to $7.7 billion in May, it again raised its bid in November to $9.4 billion.

In December 2004, Oracle announced that it had signed a definitive merger agreement to acquire PeopleSoft for approximately $10.3 billion. A month after the acquisition of PeopleSoft, Oracle cut over half of PeopleSoft's workforce, laying off 6,000 of PeopleSoft's 11,000 employees.<ref name="staff">Template:Cite web</ref>

Oracle moved to capitalize on the perceived strong brand loyalty within the JD Edwards user community by rebranding former JD Edwards products. Thus PeopleSoft EnterpriseOne became JD Edwards EnterpriseOne and PeopleSoft World became JD Edwards World.Template:Citation needed

Oracle announced in 2005 that Fusion Applications would combine the best aspects of the PeopleSoft, JD Edwards, and Oracle Applications and merge them into a new product suite. The product was released in 2011.<ref name=Kanaracus>Template:Cite web</ref>

Post-Oracle acquisition

Under Oracle, PeopleSoft offers different cloud-based software products, including Human Capital Management (HCM), Campus Solutions, Procurement and Supplier Management, Financial Management, and PeopleTools and Technology.<ref name=":0">Template:Cite web</ref><ref>Template:Cite web</ref><ref>Template:Cite web</ref>

In 2010, PeopleSoft released its In-Memory Project Discovery.<ref name=":1">Template:Cite web</ref> It translated unstructured data into structured data, which then allowed users to analyze keywords and data in the Services Automation suite. It ran on Oracle's Exalytics in-memory machine and Oracle Endeca Information Discovery enterprise data platform.<ref name=":1" />

In 2015, Oracle PeopleSoft ERP (enterprise resource planning) was an on-premises system capable of running in Windows, Linux, UNIX, and IBM mainframe environments.<ref name=":0" /> In 2019, the Department of Foreign Affairs and Trade (DFAT) used the PeopleSoft Enterprise Human Resource platform for time and labor tracking, manager and employee self-service tools, and security.<ref>Template:Cite web</ref>

Product design

The original architecture for the PeopleSoft was a suite of products built on a client–server (two-tier) approach with a dedicated client.<ref name="CS" /> With the release of version 8, the entire suite was rewritten as an n-tier web-centric design called PeopleSoft Internet Architecture (PIA).<ref name="CS"/> The new format allowed all of a company's business functions to be accessed and run from within a web browser.<ref name="CTS">Template:Cite book </ref>

The PeopleSoft application suite functions as an ERP system, similar to SAP, or as single modules.Template:Citation needed

Implementation focused on PeopleSoft's proprietary PeopleTools technology. PeopleTools includes many different components used to create web-based applications.

See also

• ADP, Inc.