PeopleSoft EPM Experiences Record Growth

PeopleSoft Enterprise Performance Management (EPM) has experienced exponential growth in both revenues and customer adoption over the past year, demonstrating that PeopleSoft has further increased its lead in the analytics market.

PeopleSoft Inc has also expanded its EPM customer base with major wins such as Borden Foods, Commonwealth Bank of Australia, Danske Bank, MetLife, Sprint, and Washington Mutual. The pure Internet analytic applications will enable these companies to improve business performance and leverage their customers, employees, and suppliers for a competitive advantage.

"PeopleSoft has established itself as a thought leader in business analytics," said Joshua Greenbaum, president of Enterprise Applications Consulting. "By offering a set of business intelligence solutions with broad applicability, they have made analytics relevant at the business process level. PeopleSoft is well positioned for success in the analytics market."

Businesses are implementing PeopleSoft analytics applications to help them develop efficient business processes and enable interactive analysis and modeling of business performance. PeopleSoft EPM business analytics also enables companies to execute strategic planning and forecasting. For example, this allows financial institutions to review the profitability of bank loans, and sales departments to examine how expensive it is to service existing accounts.

"PeopleSoft is now providing its customers with the analytics they need to optimize business performance, and ultimately increase total shareholder value," said Chuck Teller, vice president and general manager of PeopleSoft Enterprise Performance Management. "In the end, business analytics is essential to the success of every Fortune 1000 company."

In addition, the adoption of PeopleSoft EPM solutions by key international customers including Danske Bank and Commonwealth Bank of Australia demonstrates PeopleSoft's global commitment and presence in the eBusiness analytics applications market.

"PeopleSoft's EPM suite gives us a number of benefits. Not only does it give us an integrated environment for analysis and decision support, the analytics suite also provides us with modules and tools that could rightfully be labeled as 'best of breed' when compared with more specialized applications," said Thomas Johansen, first vice president, IT finance at Danske Bank. "We have great confidence that our PeopleSoft implementation will facilitate a major shift in our organization towards real time decision support and analysis."

PeopleSoft Consulting (PSC) uses PeopleSoft Compass Methodology and Value Impact Packaged Services to offer customers high-speed implementations and upgrades for the EPM applications. PSC also collaborates on implementations with partners, including Accenture, Price WaterhouseCoopers, and KPMG.

About PeopleSoft

PeopleSoft Inc is a world leader in providing eBusiness applications that enable people - customers, suppliers, and employees - to power the Internet. PeopleSoft's pure internet Customer Relationship Management, Supply Chain Management, and Enterprise management solutions provide the industry's most open and flexible e-commerce platform. PeopleSoft employs more than 8,000 people worldwide, including 2,400 eBusiness consultants. More than 4,700 organizations in 107 countries run on PeopleSoft eBusiness applications. For more information, visit us at www.peoplesoft.com.

Contact PeopleSoft Inc, Megan Clark, 925-694-5539, megan_clark@peoplesoft.com