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PeopleSoft Implementing Applications at Six of Top 10 Fortune 500 Telecommunications Companies
PLEASANTON, Calif.--(BUSINESS WIRE)--Aug. 20, 1998--PeopleSoft, Inc., a leading provider of enterprise application software, is gaining momentum among the largest and most influential communications firms in the United States. Six of the top 10 Fortune 500 telecommunications companies - including Ameritech, Bell Atlantic, Bell South, and Sprint - are implementing PeopleSoft applications.
''Driven by deregulation, new technology, and competition, telecommunications companies are adopting new business strategies, including honing market segmentation techniques, decreasing time to market, lowering costs, and improving customer service,'' said Rob Rich, Senior Vice President of Telecommunications Research at the Yankee Group. ''PeopleSoft has a proven track record in successfully supporting communications companies' competitive strategies in this rapidly evolving marketplace.''
For example, before becoming a PeopleSoft customer in 1992, Bell Atlantic's 50 human resources systems made information retrieval difficult and time-consuming. ''To find a particular piece of information was almost impossible,'' said Ken Diaz, IT staff director for Bell Atlantic. ''To complete a simple employee transaction could take 21 days, or almost a full month.''
PeopleSoft consolidated employee information into one repository, integrated the database with a payroll system, and reduced the time of employee transactions from about a month to less than five seconds. That kind of efficiency gives Bell Atlantic tremendous cost savings. The telecommunications firm plans to use PeopleTools to develop systems for even greater efficiency. Bell Atlantic is one of more than 58 PeopleSoft communications customers worldwide.
''PeopleSoft enables companies to develop worldclass, differentiated business processes that embrace change rather than force standardization,'' said Art Schembri, director of Industry Marketing for PeopleSoft's Communications, Transportation, and Utilities Business Unit. ''Delivered on a scaleable, web-deployable processing architecture, these capabilities allow PeopleSoft to provide clear competitive advantages to growing and consolidating enterprises in the communications industry.''
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