profile updated Mar 6, 2008, 10:54 PM
Once upon a time, PeopleSoft was an HR systems software company. It was born of an idea that HR application software didn't have to be run on giant mainframe computers but could be designed for the developing PC market.
Since the founders came from an HR software company, PeopleSoft's first product was an HRMS. In 1989, the little company had $1.9 million in sales. The next year it sold $6.1 million. And it grew and grew, launching a financial management system and then others. By 2005, when it was finally acquired by its chief competitor Oracle after a bitter battle, the company was bringing in close to $3 billion a year.
Today, PeopleSoft still ranks as one of the top HRMS applications in the world, based on number of clients and users. Its powerful technology is used by most of the largest companies in the world, though many medium-sized companies have embraced Oracle's technology in other areas, adding PeopleSoft to the mix as their HR needs grew. This is especially common in healthcare, academia, and companies with multiple locations. Nevertheless, PeopleSoft is not a product for the masses. It's a powerful tool that can manage, track, and report on every component of a company's human capital, from req to death. Interacting with the company's business systems and financial reports, PeopleSoft can provide data on ROI virtually every step of the way, helping a company identify weaknesses and trends before they become trends or weaknesses. This power doesn't come cheap or easy. But it offers so many benefits that PeopleSoft is one of the most widely used HRMS and HR intelligence systems in the world. Its chief remaining competitor for the high-end market is SAP.
News & Updates 
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SuccessFactors A Leader Says IDC Report (BusinessWire)
SuccessFactors, a global provider of on-demand performance and talent management solutions, is named a leader in Integrated Talent Management in a recent study of HR software vendors by IDC, a provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets
The report says, “SuccessFactors’ Talent management suite offers a prominent end-to-end solution leading the marketplace and illustrating the continuous circle and strategic interdependency of the various talent management functions within an organization."
Other companies reviewed in the $25,000 report (that is not a misprint) are: Authoria, Cornerstone, Halogen, Kenexa, Lawson, Oracle, PeopleSoft, Plateau Systems, Saba, Salary.com, SAP, Silkroad, Softscape, Stepstone, Taleo and Workscape.
Jan 8, 2009, 11:31 AM
Products & Services
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PeopleSoft Enterprise HCM 9.0
This is the latest release of PeopleSoft's HR management suite. Introduced in this version is a Profile Management module that serves as the foundation for recruiting, performance management, learning management, analytics and competency management. It allows managers and HR professionals to discover and define the attributes required for individual and organizational success. In addition, of course, come all the features of the earlier versions, including the Web-based, multinational employee self-service components as well as compliance and tracking tools to meet the various regularity requirements of each country in which the country operates.