Business Services Industry
PeopleSoft Delivers eBusiness Intelligence with Enterprise Performance Management
Business Wire, Jan 18, 2000
PLEASANTON, Calif.--(BUSINESS WIRE)--Jan. 18, 2000
Integrated eBusiness Intelligence Suite Brings Analytical Power to
PeopleSoft Solutions Across the Enterprise;
Shipment of Suite Marks Debut of PeopleSoft Internet Architecture
PeopleSoft today announced shipment of the next generation of PeopleSoft Enterprise Performance Management, an integrated suite of eBusiness intelligence applications that enable organizations to make strategic business decisions based on enterprise-wide data.
The first set of products built on PeopleSoft's PeopleTools 8 Internet architecture, Enterprise Performance Management 8 is entirely accessible over the Internet through a standard browser. By leveraging Internet standards and integration tools, Enterprise Performance Management 8 enables customers to harness internal data from transactional applications as well as external data from the Internet.
The integrated suite, which marks the second generation of PeopleSoft Enterprise Performance Management, includes new products such as Balanced Scorecard and Workforce Analytics, and new versions of Enterprise Warehouse and Activity Based Management. Several other components of Enterprise Performance Management 8 will become available throughout the first quarter of 2000, including several Web-based eBusiness Intelligence workbenches for customer, workforce, and financial analysis, and a new suite of Profitability Management applications for the financial services industry.
"With its newest round of eBusiness intelligence solutions in Enterprise Performance Management 8, PeopleSoft is enabling customers to attain an added level of value from enterprise applications," said Henry Morris, vice president, Data Warehousing and Applications, International Data Corp. "By integrating high-level analytic applications such as Balanced Scorecard with more specialized applications such as Workforce Analytics upon a common foundation of Activity Based Management, PeopleSoft's Enterprise Performance Management suite is architected to enable users to make unified decisions based on a consistent stream of information and analysis."
PeopleSoft Enterprise Performance Management 8 delivers 15 new and enhanced products, built on an all-new architecture that includes best-of-breed data acquisition, scalable ROLAP technology, metadata management, and Web-based interactive reporting. These products are grouped into four eBusiness intelligence solution areas that can be used as an integrated product suite or independently to suit any company's requirements:
-- Customer Relationship Analytics--enables companies to understand
customer revenue patterns, customer behavior, and customer
profitability in order to improve customer service and target
business opportunities
-- Workforce Analytics--aligns a company's workforce with strategic
objectives; enables closed-loop decision-making based on company
data as well as benchmarks and survey data from external service
providers
-- Strategy and Financial Analytics--measures, analyzes, and
communicates strategic and financial objectives across
departmental boundaries, creating a collaborative environment for
achieving enterprise wide goals
-- Industry Analytics--optimizes business processes that are unique
to specific industries, such as financial services, retail, and
utilities
Additionally, the following applications are leveraged across the entire set of solutions, enabling Enterprise Performance Management 8 to operate as a fully integrated, comprehensive eBusiness Intelligence package:
-- Balanced Scorecard - Functioning as the central nervous system of
the Enterprise Performance Management system, the Balanced
Scorecard allows senior management to communicate the strategy of
the organization to all employees through a system of key
performance indicators drawn from financial measures, customer
knowledge, internal business processes, and workforce factors.
-- Activity Based Management - Co-developed with Dr. Robert Kaplan,
Dr. Robin Cooper, and KPMG as an integrated activity based
management solution, Activity Based Management provides the
ability for organizations to implement strategic cost management
and multi-dimensional profitability analysis.
-- Enterprise Warehouse - The main repository of enterprise
information, the PeopleSoft Enterprise Warehouse draws from
PeopleSoft applications as well as other ERP and legacy systems
to stage, store and make information available for analysis in an
open, customizable and scalable environment.
"As competition in the Internet economy continues its rapid increase, organizations must be able to leverage eBusiness solutions for more than transactions," said Mike Gioja, executive vice president of products and technology at PeopleSoft, Inc. "With Enterprise Performance Management 8 and the new PeopleSoft Internet architecture, PeopleSoft is providing the tools for organizations to make better decisions about their customers, their employees, and their finances."
About PeopleSoft
PeopleSoft (NASDAQ: PSFT) is a world leader in enterprise application software. PeopleSoft provides eBusiness applications for customer relationship management, human resource management, financials, and supply chain, along with a range of industry-specific solutions. For more than 4,000 customers, PeopleSoft applications offer greater flexibility, rapid implementation, scalability across multiple databases and operating systems, and lower cost of ownership. Customers include some of the largest multi-national organizations in the world, as well as small- and medium-size businesses. All PeopleSoft software products are backed by PeopleSoft Advantage Customer Service, a comprehensive consulting, education and technical support program. Headquartered in Pleasanton, California, PeopleSoft (www.peoplesoft.com) employs 7,000 people and had 1998 revenues of $1.5 billion.
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