PeopleSoft to Introduce Industry-Leading Hosted Training
Tuesday November 12, 6:01 am ET
PeopleSoft Raises the Bar for Enterprise Software Training
PLEASANTON, Calif.--(BUSINESS WIRE)--Nov. 12, 2002--PeopleSoft Inc. (Nasdaq: PSFT - News) today announced PeopleSoft Hosted Training, the first hands-on "virtual classroom" solution in the enterprise applications industry. The new web-based solution will provide users with tailored hands-on training and real-time interaction with PeopleSoft applications to speed proficiency and usage and accelerate the company's return on its software investment.
Traditionally, to get hands-on training with enterprise software applications, customers traveled to training centers or installed software and supporting applications on high-end PCs, resulting in additional labor and expense. PeopleSoft Hosted Training only requires Internet access.
PeopleSoft offers a wide range of training and eLearning options that enable customers to tailor blended education programs to meet their specific needs. For example, a customer working remotely can dial in using a low bandwidth connection and access an introductory eLearning class on a PeopleSoft application. Then, they can attend a live webcast session, and later practice what they have learned using PeopleSoft Hosted Training.
With the introduction of PeopleSoft Hosted Training, the company continues to demonstrate leadership in training and eLearning. PeopleSoft Education has delivered training services for 15 years to application users and project teams to increase software competence and productivity.
"PeopleSoft Hosted Training will enable customers to gain product proficiency and realize more value from their software investment quickly," said Michael Gregoire, senior vice president, PeopleSoft Global Services. "The solution will offer customers another easily accessible and convenient delivery method and can allow all organizations, particularly those with minimal IT infrastructures, to maximize software education budgets."
PeopleSoft Hosted Training is expected to be available in December 2002.
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, Financial Management and Application Integration. More than 4,900 organizations in 140 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com.
Statements made in this press release that state the Company's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Readers are cautioned that these statements are only predictions and may differ materially from actual future events or results. Factors that may bear on the accuracy of these predictions include economic conditions in the U.S. and abroad, the ability to complete and deliver products and services within currently estimated time frames and budgets, market response to product announcements, and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission. Please refer to the Company's periodic reports to shareholders (Forms 10-K and 10-Q) for more information on the risk factors that could cause actual results to differ.
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.
Holly Rossetti, 925/694-5027
holly_rossetti@peoplesoft.com
or
Porter Novelli
Faith Brewitt, 415/975-2269
faith_brewitt@porternovelli.com
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