PeopleSoft eMarketplace to Deliver End-to-End e-Commerce Solution
PLEASANTON, Calif.--(BUSINESS WIRE)--May 19, 1999--
PeopleSoft eMarketplace to Provide Sell-Side e-Commerce
Capabilities Including Sales, Customer Self-Service, Product
Marketing and Analysis
PeopleSoft (Nasdaq:PSFT) today announced PeopleSoft eMarketplace, a new application
for business-to-business and business-to-consumer e-commerce.
Integrated with the PeopleSoft e-business backbone, PeopleSoft eMarketplace provides a
multi-channel solution including sales, customer self-service, product marketing, order
fulfillment, and closed-loop analytics.
PeopleSoft eMarketplace will allow organizations to deploy Internet sites to sell
goods and services. PeopleSoft eMarketplace is built on the leading Internet commerce
technology of Microsoft Site Server 3.0 Commerce Edition. The first phase of PeopleSoft
eMarketplace is on schedule to be generally available in the summer of 1999.
PeopleSoft eMarketplace is the first offering from an ERP vendor to combine
sophisticated closed-loop analytics and dynamic transaction generation capabilities with
traditional e-commerce functionality. PeopleSoft eMarketplace will leverage PeopleSoft
Enterprise Performance Management analytic capabilities to create the most personalized
experience for the end customer, and maximize revenue, profitability, and other strategic
business objectives for the seller.
In addition to closed-loop analytics, the PeopleSoft eMarketplace solution will
include an Internet storefront; customer self-service functionality enabling buyers to
view order history and preferences; product merchandising and marketing functions
allowing targeted promotions; and tight integration with PeopleSoft's supply chain
management solution for real-time pricing, inventory availability, speedy order
fulfillment, and access to order, shipment, and delivery status.
"Today's announcement of PeopleSoft eMarketplace brings enterprise power to Internet
commerce by providing an end-to-end solution that will integrate the Internet storefront,
back-office fulfillment, and analytic applications," said Jeff Carr, PeopleSoft senior
vice president of marketing and strategy execution. "PeopleSoft eMarketplace provides the
complete 'dot.com-in-a-box' functionality that today's companies -- from startups to
multinationals -- will need to compete in the Internet economy."
Intelligently Linking Enterprise Applications and Internet
Commerce
The tight integration between PeopleSoft eMarketplace and PeopleSoft supply chain
management solutions allows organizations to deploy their commerce solutions in "Internet
time" and reduce total cost of ownership. Built on Microsoft Site Server 3.0 Commerce
Edition technology, PeopleSoft eMarketplace provides customers with a proven technology
platform upon which to deploy their e-commerce solutions.
"Today's announcement of PeopleSoft eMarketplace provides a compelling solution to
PeopleSoft customers who are looking to leverage the success of their enterprise
applications to build an integrated center for e-commerce," said Charles Stevens, vice
president of Microsoft's Application Developers Customer Unit. "The proven enterprise
backbone and analytic capabilities of PeopleSoft combined with the comprehensive
Microsoft Site Server Commerce Edition will provide customers with a cost-effective
platform that is integrated, scalable, and primed for e-commerce."
"It is imperative to provide the best possible service to our customers, whether they
choose to do business with us by Internet, phone, or mail order," said Jim Prevo, chief
information officer of Green Mountain Coffee Roasters, Inc. "In the past, we needed
several different systems to be able to meet these needs: one for mail order processing,
one for wholesale order processing, and another to run our GreenMountainCoffee.com
storefront. Integration was a big challenge for us. Now, PeopleSoft's integrated
eMarketplace and enterprise backbone will power all of these sales channels for us."
PeopleSoft eMarketplace will be a separately licensed application that leverages
PeopleSoft's e-business backbone and Enterprise Performance Management technology and
applications. Pricing and licensing information will be forthcoming in future
announcements.
In addition to the alliance with Microsoft, PeopleSoft has leveraged several other
relationships for PeopleSoft eMarketplace, including alliances with Vertex, Inc. and
Taxware International, Inc. for sales and use tax processing, and CyberSource Corp. for
credit card processing.
The PeopleSoft Business Network
PeopleSoft eMarketplace is part of the company's ongoing strategy to deliver the
PeopleSoft Business Network (PSBN), a comprehensive network for electronic business
including an Internet-enabled e-business backbone, Enterprise Performance Management,
eBusiness Communities for the workplace, an Enterprise Portal, and now PeopleSoft
eMarketplace. PeopleSoft introduced PSBN in November 1998, and was the first enterprise
software vendor to demonstrate a portal-based enterprise software solution.
About PeopleSoft
PeopleSoft (Nasdaq:PSFT) is a global supplier of Internet-based, electronic business
network solutions. PeopleSoft solutions for manufacturing, supply chain, government,
education, financial, project and human resource management are used by more than 3,000
customers worldwide.
PeopleSoft is currently developing the PeopleSoft Business Network (PSBN), a network
of e-business applications and content that unleashes the power of people to work and
transact business in the Internet-enabled world. PSBN incorporates business transactions,
knowledge and sophisticated analytics within and across enterprise boundaries, and makes
all of this content available to employees, customers and suppliers through a
personalized, easy-to-use Internet portal.
Headquartered in Pleasanton, PeopleSoft employs more than 6,600 people and had 1998
revenues of $1.3 billion. PeopleSoft is on the World Wide Web at www.peoplesoft.com.
Note to Editors: PeopleSoft, the PeopleSoft logo, PeopleTools, PS/nVision, PeopleCode,
PeopleBooks and Red Pepper are registered trademarks, PeopleTalk, PSBN and "We work in
your world." are trademarks of PeopleSoft, Inc. All other company and product names may
be trademarks of their respective owners.
CONTACT: PeopleSoft, Inc.
Bill Cox, 925/694-7055
bill_cox@peoplesoft.com
21:42 EDT MAY 19, 1999
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