PeopleSoft HCM Recognized as a Leader in HRMS Magic Quadrant
Tuesday November 5, 2:57 pm ET
PLEASANTON, Calif.--(BUSINESS WIRE)--Nov. 5, 2002--PeopleSoft Inc. (Nasdaq:PSFT - News) today announced that it has been positioned in the leader quadrant of the recently published Gartner, Inc. Magic Quadrant for large enterprise HRMS(1). PeopleSoft HRMS is the cornerstone of the world leading PeopleSoft Human Capital Management (HCM) product family.
Gartner defines leaders as vendors who are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market. In addition to evaluating traditional HRMS functionality, Gartner also evaluated a variety strategic workforce management components including: portals, self-service, workforce planning, recruiting, contract labor procurement, eLearning, performance management, total compensation management, time and expense management, competency management, knowledge management, collaboration, analytics and more. All of these components are included in PeopleSoft's HCM solution.
"PeopleSoft continues to strengthen its position as the world's leader in providing innovative HCM solutions," said Doug Merritt, vice president and general manager, PeopleSoft Human Capital Management. "PeopleSoft's success is a result of our superior technology and comprehensive HCM suite that enables organizations to maximize HR efficiency, workforce productivity and organizational effectiveness in today's fiercely competitive market."
PeopleSoft Human Capital Management is the only global, pure Internet solution that allows organizations to align workforce contribution to business objectives within and beyond the enterprise. PeopleSoft HCM enables organizations to improve workforce efficiency and productivity to drive higher levels of business outcome in real time.
About PeopleSoft
PeopleSoft (Nasdaq: PSFT - News) is the world's leading provider of application software for the real-time enterprise. PeopleSoft pure Internet software enables organizations to reduce costs and increase productivity by directly connecting customers, suppliers, partners and employees to business processes on-line, in real time. PeopleSoft's integrated, best-in-class applications include Customer Relationship Management, Supply Chain Management, Human Capital Management and Financial Management. More than 4,700 organizations in 140 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com.
(1) Gartner
Large-Enterprise HRMS Magic Quadrant, 2002
10 October 2002 James Holincheck
The Magic Quadrant is copyrighted October 2002 by Gartner, Inc. and is reused with permission, which permission should not be deemed to be an endorsement of any company or product depicted in the quadrant. The Magic Quadrant is Gartner, Inc.'s opinion and is an analytical representation of a marketplace at and for a specific time period. It measures vendors against Gartner defined criteria for a marketplace. The positioning of vendors within a Magic Quadrant is based on the complex interplay of many factors. Gartner does not advise enterprises to select only those firms in the "Leaders" quadrant. In some situations, firms in the Visionary, Challenger, or Niche Player quadrants may be the right matches for an enterprise's requirements. Well-informed vendor selection decisions should rely on more than a Magic Quadrant. Gartner research is intended to be one of many information sources including other published information and direct analyst interaction. Gartner, Inc. expressly disclaims all warranties, express or implied, of fitness of this research for a particular purpose.
Note to Editors: PeopleSoft and the PeopleSoft logo are registered trademarks. All other company and product names may be trademarks of their respective owners.
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Contact:
PeopleSoft Inc.
Megan Clark, 925/694-5539
megan_clark@peoplesoft.com
or
Porter Novelli
Katie Bromley, 415/975-2215
katie_bromley@porternovelli.com
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Source: PeopleSoft |
