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PeopleSoft
PeopleSoft, Inc. is a company that provides human resource management systems (HRMS), Financial Management Solutions (FMS), supply chain management (SCM), customer relationship management (CRM), and enterprise performance management (EPM) software, as well as software for manufacturing, and student administration to large corporations, governments, and organizations. It existed as an independent corporation until its acquisition by Oracle Corporation in 2005. The PeopleSoft name and product line are now marketed by Oracle. PeopleSoft Financial Management Solutions (FMS) and Supply Chain Management (SCM) are part of the same package, commonly known as Financials and Supply Chain Management (FSCM). PeopleSoft Campus Solutions (CS) is a separate package developed as a student information system for colleges and universities. History Founded in 1987 by Ken Morris and David Duffield, PeopleSoft was originally headquartered in Walnut Creek, California, before moving to Pleasanton, C ...
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JD Edwards
J.D. Edwards World Solution Company or JD Edwards, abbreviated JDE, was an enterprise resource planning (ERP) software company, whose namesake ERP system is still sold under ownership by Oracle Corporation. JDE's products included World for IBM AS/400 minicomputers (the users using a computer terminal or terminal emulator), OneWorld for CNC architecture (a client–server fat client), and JD Edwards EnterpriseOne (a web-based thin client). The company was founded March 1977 in Denver, Colorado, by Jack Thompson, C.T.P. "Chuck" Hintze, Dan Gregory, and C. Edward "Ed" McVaney. In June 2003, JD Edwards agreed to sell itself to PeopleSoft, Inc. for $1.8 billion. Within days, Oracle launched a hostile takeover bid for PeopleSoft sans JD Edwards. PeopleSoft went ahead with the JD Edwards acquisition anyway, and in 2005, Oracle Corporation finally took ownership of the combined JD Edwards-PeopleSoft organization. As of 2020, Oracle continues to sell and actively support both ER ...
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David Duffield
David Arthur Duffield (born 21 September 1940) is an American billionaire businessman in the software industry. He is the co-founder and former chairman of PeopleSoft, co-founder and chairman emeritus of Workday, Inc., and current founder and CEO of Ridgeline, Inc. He has been on the ''Forbes'' World's Richest People list for many years. David Duffield cofounded two publicly traded enterprise software companies after age 40: PeopleSoft and Workday. He has given $345 million to Maddie’s Fund and another $400 million to, among others, his alma mater Cornell, as of June 2019. His current philanthropy interests are managed by the Dave & Cheryl Duffield Foundation. Their capstone project is Liberty Dogs, a service dog training campus in Reno, Nevada, that will match and train service veterans and canine companions. This facility is planned to open in 2026. Early life Duffield attended Ridgewood High School in Ridgewood, New Jersey. He graduated with the class of 1958 and was co ...
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Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. The company sells database software and technology (particularly its own brands), cloud engineered systems, and enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software (also known as customer experience), enterprise performance management (EPM) software, and supply chain management (SCM) software. History Larry Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under the name Software Development Laboratories (SDL). Ellison took inspiration from the 1970 paper written by Edgar F. Codd on relational database management systems ( RDBMS) named "A Relational Model of Data for Large Shared Data Banks." He heard about the ...
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Shareholder Rights Plan
A shareholder rights plan, colloquially known as a "poison pill", is a type of defensive tactic used by a corporation's board of directors against a takeover. In the field of mergers and acquisitions, shareholder rights plans were devised in the early 1980s as a way to prevent takeover bids by taking away a shareholder's right to negotiate a price for the sale of shares directly. Typically, such a plan gives shareholders the right to buy more shares at a discount if one shareholder buys a certain percentage or more of the company's shares. The plan could be triggered, for instance, if any one shareholder buys 20% of the company's shares, at which point every shareholder (except the one who possesses 20%) will have the right to buy a new issue of shares at a discount. If all other shareholders are able to buy more shares at a discount, such purchases would dilute the bidder's interest, and the cost of the bid would rise substantially. Knowing that such a plan could be activated, th ...
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Customer Relationship Management
Customer relationship management (CRM) is a process in which a business or other organization administers its interactions with customers, typically using data analysis to study large amounts of information. CRM systems compile data from a range of different communication channels, including a company's website, telephone, email, live chat, marketing materials and more recently, social media. They allow businesses to learn more about their target audiences and how to best cater for their needs, thus retaining customers and driving sales growth. CRM may be used with past, present or potential customers. The concepts, procedures, and rules that a corporation follows when communicating with its consumers are referred to as CRM. This complete connection covers direct contact with customers, such as sales and service-related operations, forecasting, and the analysis of consumer patterns and behaviors, from the perspective of the company. According to Gartner, the global CRM market ...
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Pleasanton, California
Pleasanton is a city in Alameda County, California, United States. Located in the Amador Valley, it is a suburb in the East Bay region of the San Francisco Bay Area. The population was 79,871 at the 2020 United States Census, 2020 census. In 2005 and 2007, Pleasanton was ranked the wealthiest middle-sized city in the United States by the Census Bureau. Pleasanton is home to the headquarters of Safeway Inc., Safeway, Workday, Inc., Workday, Ellie Mae, Roche Molecular Diagnostics, Blackhawk Network Holdings, and Veeva Systems. Other major employers include Kaiser Permanente, Oracle Corporation, Oracle and Macy's. Although Oakland is the Alameda County seat, a few county offices are located in Pleasanton. The Alameda County Fairgrounds are located in Pleasanton, where the county fair is held during the last week of June and the first week of July. Pleasanton Ridge Regional Park is located on the west side of town. History Alisal Before the establishment of Pleasanton in the 1850 ...
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Human Resource Management Systems
A human resources management system (HRMS) or Human Resources Information System (HRIS) or Human Capital Management (HCM) is a form of Human Resources (HR) software that combines a number of systems and processes to ensure the easy management of human resources, business processes and data. Human resources software is used by businesses to combine a number of necessary HR functions, such as storing employee data, managing payroll, recruitment, benefits administration (total rewards), time and attendance, employee performance management, and tracking competency and training records. A human resources management system ensures everyday human resources processes are manageable and easy to access. The field merges human resources as a discipline and, in particular, its basic HR activities and processes with the information technology field. This software category is analogous to how data processing systems evolved into the standardized routines and packages of enterprise resource pl ...
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Configurable Network Computing
Configurable Network Computing or CNC is JD Edwards's (JDE) client–server proprietary architecture and methodology that implements its highly-scalable enterprise-wide business solutions software that can run on a wide variety of hardware, operating systems (OS) and hardware platforms. Now a division of the Oracle Corporation, Oracle continues to sponsor ongoing development of the JD Edwards Enterprise Resource Planning ( ERP) system, While highly flexible, the CNC architecture is proprietary and, as such, it cannot be exported to any other systems. While the CNC architecture's chief 'Claim to fame', insulation of applications from the underlying database and operating systems, were largely superseded by modern web-based technology, nevertheless CNC technology continues to be at the heart of both JD Edwards' One World and Enterprise One architecture and will play a significant role Oracle's developing ''fusion architecture'' initiative. While a proprietary architecture, CNC ...
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Oracle Fusion Applications
Oracle Fusion Applications (OFA) are a suite of applications built on Oracle Cloud that include cloud-based applications for enterprise resource planning (ERP), enterprise performance management (EPM), supply chain management and manufacturing (SCM), human capital management (HCM), and customer experience (CX). Oracle Fusion Applications were launched in September 2010 and released one year later at OpenWorld 2011. The name refers to the fact that each application runs in the cloud and shares one underlying platform, which means that data can be shared between them. This is different from many cloud applications that exist in isolation and are not interoperable. Oracle also developed "coexistence" processes that extend across all Oracle Applications so that users could adopt what they needed from Fusion while still using existing on-premise applications. Oracle Fusion Applications were originally envisioned and pitched as an enterprise resource planning suite—a combination of f ...
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Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ...
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On-premises Software
On-premises software (abbreviated to on-prem, and incorrectly referred to as on-premise) is installed and runs on computers on the premises of the person or organization using the software, rather than at a remote facility such as a server farm or cloud. On-premises software is sometimes referred to as " shrinkwrap" software, and off-premises software is commonly called "software as a service" ("SaaS") or "cloud computing". The software consists of database and modules that are combined to particularly serve the unique needs of the large organizations regarding the automation of corporate-wide business system and its functions. Comparison between on-premises and cloud (SaaS) Location On-premises software is established within the organisation's internal system along with the hardware and other infrastructure necessary for the software to function. Cloud-based software is usually served via internet and it can be accessed by users online regardless of the time and their locati ...
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ...
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