09.01.04
PeopleSoft Wins Best ERP Solution
By ERPupdate
PeopleSoft announced that the company's Financial Management, Human Capital Management (HCM), and Supplier Relationship Management (SRM) applications won "Best ERP" solution from CMP Media's Intelligent Enterprise Seventh-Annual Readers' Choice Awards.
Intelligent Enterprise readers recognized PeopleSoft for its superior application functionality, industry-leading analytics, and flexible integration technology.
"The Readers' Choice Award allows our readers to honor the strongest applications that best meet their unique needs for developing, implementing, and managing strategic business initiatives," said David Stodder, Editor-in-Chief of Intelligent Enterprise. "This year our readers voted for PeopleSoft as offering the best ERP solution to enable an intelligent enterprise." |
As a leader in financial management software, PeopleSoft empowers thousands of customers worldwide to meet compliance demands and gain increased control over their financial data. The company's Enterprise Financial Management suite combines best-practice business processes with comprehensive analytics and advanced transaction systems. The latest release of the suite offers proactive monitoring and alerts that drive strong enterprise performance and corporate governance.
PeopleSoft's HCM suite is currently in use by half of the Fortune 500, making it the worldwide standard for Human Capital Management. With three times the global installed base of SAP, PeopleSoft HCM is enabling organizations in 162 countries to drive workforce performance, reduce administrative HR costs and streamline employee access to key corporate services and self-service.
PeopleSoft SRM enables effective Total Spend Management by connecting customers, suppliers, and employees directly into critical day-to-day business processes. The industry-leading solution integrates sourcing, catalog content, e-procurement, services procurement, settlement, and analysis, allowing enterprises to collaborate and maximize supplier relationships while controlling total spend.
"PeopleSoft has dedicated millions of dollars and hundreds of developers to improving the way our customers implement, use, and maintain their enterprise applications," said Ram Gupta, executive vice president, Products and Technology, PeopleSoft, Inc. "Being acknowledged by the readers of Intelligent Enterprise demonstrates our continued commitment to delivering a superior total ownership experience."
Additionally, the readers of Intelligent Enterprise recognized PeopleSoft Customer Relationship Management (CRM) and Supply Chain Management (SCM) as runners-up for "Best CRM" and "Best SCM" applications.
ACS Announces Acquisition Of BlueStar Solutions And Expands In The ERP Market
By ERPupdate
Affiliated Computer Services announced that it has acquired BlueStar Solutions in a cash transaction for approximately $73 million.
BlueStar, with trailing annual revenues of approximately $50 million, is a leading information technology (IT) outsourcing provider specializing in applications management of packaged enterprise resource planning (ERP) and messaging services.
While the BlueStar acquisition is expected to be accretive, given its size, ACS does not believe it materially affects its prior financial guidance.
BlueStar provides services for more than 120 clients and hosts 60,000 ERP users and 100,000 messaging users located in 80 countries. BlueStar has provided comprehensive applications management for packaged ERP and messaging environments for more than five years, with a variety of additional data center services to complement them. BlueStar currently operates data centers in Phoenix, Arizona, Dallas, Texas, and Columbia, South Carolina, with the potential of transitioning some capabilities to additional ACS data centers in the future.
"This acquisition brings to ACS an extremely dedicated staff of subject matter experts in application management and provides significant penetration into the strongly emerging ERP/Messaging market," said Lynn Blodgett, Group President of ACS Commercial Solutions. "BlueStar has an incredible track record serving clients, tremendous technological expertise, and a fantastic client base. All of these qualities made the company a great fit for ACS." Blodgett also said that the range of ERP and messaging-related capabilities created through this acquisition makes ACS the foremost outsourcing provider for this market.
Rusty Harris will become Managing Director for ACS' new Application Managed Services division. "The spectrum of services offered through the ACS/BlueStar integration will enable clients seeking packaged ERP outsourcing to significantly reduce IT costs and mitigate risks, while receiving an unparalleled quality of service," he said. "We are very excited to be joining ACS. This is a win-win solution, not only for both companies, but also for clients. ACS' strength and reputation in the IT industry will help us secure more long-term growth. We will leverage each other's capabilities, technology, and expertise to increase our share of the IT outsourcing market."
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ERP Update provides articles, insights and commentary on enterprise resource planning issues.
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