Monday, September 9, 2013

What is peoplesoft ?

PeopleSoft, Inc. was a company that provided Human Resource Management Systems (HRMS), Financial Management Solutions (FMS), Supply Chain Management (SCM) and customer relationship management (CRM), Enterprise Performance Management software (EPM), as well as software solutions for manufacturing, enterprise performance management, 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.

PeopleSoft Financial Management Solutions (FMS) and Supply Chain Management (SCM) are part of the same package, commonly known as Financials and Supply Chain Management (FSCM).


Founded in 1987 by Ken Morris and Dave Duffield, PeopleSoft was originally headquartered in Walnut Creek, California before moving to Pleasanton, California. Duffield envisioned a client–serverversion of Integral Systems' popular mainframe HRMS package.

The company's sole venture backing came from IBM. George J. Still, Jr. from Norwest Venture Partners joined the Board of Directors.

PeopleSoft version 1, released in the late 1980s, was the first fully integrated, robust client–server HRMS application suite.

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.

PeopleSoft timeline:

1987: PeopleSoft, Inc. founded by David Duffield and Ken Morris in Walnut Creek, CA, USA.
1988: PeopleSoft HRMS released.
1991: Begins opening international offices.
1994: Public distribution of Distribution and Financials modules.
1995: Launch of Student Administration System.
1995: Opened office in Mexico, first in Latin America.
1996: Releases Manufacturing and PeopleSoft 6, their first ERP package.
1997: PeopleSoft 7 is released within upgraded ERP modules.
1998: PeopleSoft 7.5 is released with improved client/server technology. Acquired Intrepid Systems.
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.
2003: Acquired JD Edwards
2004: Dave Duffield returns as CEO, replacing Craig Conway.
2005: Acquired by Oracle Corporation.
2006: PeopleSoft FSCM 9.0 is released.
2006: PeopleSoft HCM 9.0 is released.(December 2006)
2009: PeopleSoft HCM 9.1 is released.(October 2009)
2009: PeopleSoft FSCM 9.1 is released.(November 2009)
2013: PeopleSoft 9.2 is released. (FSCM and HCM released simultaneously)


Source : Wiki

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