Analysts Acknowledge PeopleSoft as a Leader in Enterprise Performance Management
Wednesday March 26, 6:02 am ET
AMR Research and META Group Note the Strength of PeopleSoft's Integrated Performance Management Solutions
PLEASANTON, Calif.--(BUSINESS WIRE)--March 26, 2003-- PeopleSoft Inc. (Nasdaq:PSFT - News) today announced that SPEX, a META Group service, and AMR Research have acknowledged PeopleSoft's Enterprise Performance Management (EPM) suite as a leader among performance management solution providers. The recently published reports note the strength of PeopleSoft's comprehensive performance management solution, which is integrated across PeopleSoft's Enterprise Resource Planning (ERP) applications.
"PeopleSoft continues to lead all of the ERP vendors in the completeness and vision of its Enterprise Performance Management products. PeopleSoft's EPM analytic architecture, supporting both cross industry and industry-specific analytics, is industrial-strength to handle the enterprise's broad needs," said John Hagerty in The AMR Research Report, entitled "Profiles in EPM," February. "PeopleSoft, in particular, is tying EPM and better financial controls to overall corporate governance -- a message that hits home with U.S. buyers today."
In the SPEX Business Performance Management (BPM) software evaluation published in March, PeopleSoft's Enterprise Performance Management suite received SPEXmark ratings of "excellent" in the functionality, technology and overall categories. PeopleSoft also received high scores in usability and market strength. The SPEX product evaluation noted that PeopleSoft's key strengths included its technology/architecture, intuitive interface, strong scorecarding functionality and Global Consolidations module. The report also notes the importance of PeopleSoft's ability to facilitate closed-loop performance management to address large, complex, multinational organizations.
PeopleSoft's Comprehensive EPM Suite
PeopleSoft EPM offers customers one of the most comprehensive performance management solutions on the market. Companies use EPM applications to gain a complete view of their enterprise and track their performance with state-of-the-art analytics. This enables organizations to rapidly align operations with strategic goals and adapt quickly to changes in business conditions. PeopleSoft EPM is built on a standards-based platform, reducing the need for custom development and ongoing maintenance of multiple integration technologies. Leveraging the PeopleSoft AppConnect suite of integration technologies, PeopleSoft's EPM applications can utilize data from any system and integrate it into business processes, resulting in improved company performance.
"Organizations today need greater visibility into their business performance in order to comply with stricter corporate governance requirements," said Chuck Teller, general manager, PeopleSoft Enterprise Solutions Group. "PeopleSoft's EPM suite of tightly integrated performance management solutions provides customers with a complete, real-time view of their business performance, enabling the visibility and transparency that auditors, investors and government regulators demand."
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. Today more than 5,000 organizations in 140 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com.
PeopleSoft and the PeopleSoft logo are registered trademarks. All other company and product names may be trademarks of their respective owners. Copyright (C) 2003 PeopleSoft, Inc. All rights reserved.
-------------------------------------------------------------------------------- Contact: PeopleSoft Inc. Pamela Rupert, 925/694-5004 pamela_rupert@peoplesoft.com or Porter Novelli Katie Bromley, 415/975-2200 katie.bromley@porternovelli.com
-------------------------------------------------------------------------------- Source: PeopleSoft Inc. |