People Soft
The purpose of this paper is to discuss an Information Technology Company. The company I chose is PeopleSoft. Under the leadership of Craig Conway, President and CEO, of PeopleSoft it has become one of the thought leaders in application development. They develop, maintain and upgrade one of the industry’s most powerful applications, the People Tools 8.4. People Tool 8.4 is internet software which enables a company to combine online transactions, suppliers and employees working together. It provides for secure, scalable internet based access. Conway feels that it is important to standardize the business process. He believes that the whole company must involve themselves at every stage of development. The more interaction the better the results. He also strives on the ability to deliver fast results allowing the company the stay competitive and ahead. One good aspect of their business plan is the ability to monitor their cl
According to NASDAQ October 5, 2003 ET market open the last sale of stock was at 27.42. Total share value is 10,592,783. In lue of the outstanding stock value PeopleSoft was faced with a possible take over by a Company named Oracle. Orcale has offered the stock holders of PeopleSoft to sell for 19.50 per share. The Board recommends that everyone rejects the offer and not tender their shares. I feel that this was a good decision on PeopleSoft part because for the past three years there has been a steady incline of their stock. June 2001 – $17.00, June 2002 – $24.85 and June 2003 – 27.42 making this a stable company. Here at Temple we use People Tools 8.4. This software is used to handle all of the purchases for the Laboratory. It is the leading provider of application software for the health and education institutions. PeopleSoft enables Temple to reduce cost and productivity by directly connecting customers, suppliers, partners and employees (PeopleSoft Press Release, 2003). In conclusion, I f
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Approximate Word count = 688
Approximate Pages = 3 (250 words per page double spaced)
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