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57-564: 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. PeopleSoft Enterprise Learning Management ELM is a separate learning management system and can be used standalone or with PeopleSoft HCM. Founded in 1987 by Ken Morris and David Duffield , PeopleSoft

114-543: A bachelor's degree in electrical engineering and an MBA from Cornell University , and is the benefactor behind Cornell's Duffield Hall, a nanoscale science (or nanotechnology ) and engineering facility at Cornell. While at Cornell, Duffield was a member of Beta Theta Pi . In 1964, Duffield began his career as a marketing representative and systems engineer at IBM. He left IBM to found Information Associates, which developed university exam scheduling software. In 1972, he left to start Integral Systems, which eventually became

171-671: A fat-client machine; however, this is no longer the case. The PeopleSoft application suite can function as an ERP system, similar to SAP , but can also be used for single modules; for example, Student Administration or HCM ( Human Capital Management ) alone. PeopleSoft uses a functionality now known as Integration Broker to communicate with different modules (known as pillars). In addition Integration Broker can be utilized for web services calls between PeopleSoft and other applications. Implementation focuses on PeopleSoft's proprietary PeopleTools technology. PeopleTools includes many different components used to create web-based applications:

228-499: A company that provides financial management, human capital management, and planning software delivered in the form of a software as a service (SaaS) model. The company is headquartered in Pleasanton, California , and employs more than 17,500 people today. Duffield was known as the company's chief customer and employee advocate. He relinquished the co-CEO role in May 2014 and became chairman of

285-416: A failure, as customers wanted SaaS particularly for the purpose of the automation of single specific corporate functions rather than a corporate-wide system. However, the idea of on-demand service delivery of software was not revolutionary at the time of 2000. Some vendors already had attempted this delivery style of software service in 1900s. The reason the business model was not widely known at that time

342-439: A large amount of cost, time and efforts. Besides the demand-side (or customer-side) factors above, this vendor reaction could be another reason for the slow migration toward cloud-based services in software market. The movement toward cloud-based software not only implies the change in business's information management system but also result in potential change in their value creation processes. Cloud-based platform incorporates

399-630: A scripting language known as PeopleCode , design tools to define various types of metadata , standard security structure, batch-processing tools, and the ability to interface with a SQL database. The metadata describes data for user interfaces, tables, messages, security, navigation, portals, etc. This set of tools can make the PeopleSoft suite platform-independent . Before PIA version 8.0, Components were called Panel Groups. PeopleSoft applications, which address complex business requirements, have some known issues in terms of online security. PeopleSoft

456-835: Is an American billionaire businessman in the software industry . He is the co-founder and former chairman of PeopleSoft , co-founder and CEO emeritus of Workday, Inc. , and current founder and co-CEO of Ridgeline, Inc. He has been on the Forbes World's Richest People list for many years. Duffield co-founded two publicly traded enterprise software companies after age 40: PeopleSoft and Workday. He has given $ 303 million to companion animal welfare causes and organizations; $ 61 million to his alma mater Cornell University; over $ 100 million to expand other educational institutions close to him and his family; $ 13 million to local first responders and community organizations; and $ 2.1 million to veterans affairs. His current philanthropic interests are managed by

513-724: Is currently financing the construction and development of Liberty Dogs in Reno, Nevada. This campus is planned to open in 2026. The goal is to provide disabled veterans with the ability to lead more independent and fulfilling lives through the enhanced emotional and psychological well-being that research shows a Liberty Service Dog provides. Most recently, DCDF pledged $ 2 million to Maui Humane for fire relief efforts. The Duffields have pledged more than $ 68 million to Dave's alma mater, Cornell University. In January 1997, they donated $ 20 million in support of interdisciplinary engineering and scientific research and education. The new Engineering building

570-459: Is expected in B2C market than B2B market. This is because businesses usually require much more complex structure and system of information management in contrast to private users. In addition, businesses are more prudent to the shift of its software system because they have significant concern over the data security as its failure could potentially result in the loss of enormous amount of data as well as

627-437: 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

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684-979: Is possible to log in under a system account and gain access to all data from the compromised system. Since 2010, several cases have been reported of PeopleSoft security breaches. In March 2013, Salem State University in Massachusetts alerted 25,000 students and employees that their Social Security Numbers might have been compromised in a database breach. Similarly, in February 2016, the University of Central Florida disclosed that over 63,000 student Social Security numbers had been compromised. All organizations that use PeopleSoft (including companies specialized in charity, food, manufacturing, retail, transport, etc.) stay vulnerable to TokenChpoken and other interventions if they do not pay due attention to security. David Duffield David Arthur Duffield (born 21 September 1940)

741-434: Is questionable as software vendors are usually more exposed to being targeted by cyberattacker as they hold vast amount of data within the system. On-premises software was invented first mainly for the purpose of corporate-wide process automation of large entities in advance to the evolvement of cloud-based software, SaaS. SaaS emerged in the early 2000s, and some of businesses that published SaaS products have experienced

798-591: The Configurable Network Computing architecture, which shielded applications from both the operating system and the database back-end. PeopleSoft branded the OneWorld product PeopleSoft EnterpriseOne . Beginning in 2003, Oracle began to maneuver for control of the PeopleSoft company. In June 2003, Oracle made a $ 13 billion bid in a hostile corporate takeover attempt. In February 2004, Oracle decreased their bid to approximately $ 9.4 billion; this offer

855-457: The 'better' choice among 2 software depends on many factors, for instance, customer's business model, financial status and business strategy. However, neither choice would provide customers the perfect solutions as both software do not offer full functionalities to its users. In transition to cloud-based solution for the information management, customers' concern involves the security of data, privacy, and many more that may be better provided by

912-615: The Board of Directors. PeopleSoft version 1, released in late 1989, was the first fully integrated, robust client–server HRMS application suite. PeopleSoft expanded its product range to include a financials module in 1992, distribution in 1994, and manufacturing in 1996 after the acquisition of Red Pepper. In 2003, PeopleSoft accomplished a friendly merger with smaller rival JD Edwards . The latter's similar product line, World and OneWorld , targeted mid-sized companies too small to benefit from PeopleSoft's applications. JD Edwards' software used

969-867: The Cornell University College of Veterinary Medicine. Together with his spouse, Duffield contributed $ 1.2   million to Donald Trump 's 2020 presidential campaign . 1998 Golden Plate Award of the American Academy of Achievement 2013 EY Entrepreneur of the Year Award Recipient 2018 Cornell Engineering Distinguished Alumni Award – its highest alumni honor David Duffield is married to Cheryl Duffield. Between 2005 and 2016 they lived in Alamo, California but now live near Lake Tahoe . On-premises software On-premises software (abbreviated to on-prem , and often written as "on-premise")

1026-529: The Dave & Cheryl Duffield Foundation. Their capstone project is Liberty Dogs, a service dog training campus in Reno, Nevada, that will match and train disabled military veterans and canine companions. This facility is planned to open in 2026. Raised in Ho-Ho-Kus, New Jersey , Duffield graduated in 1958 from Ridgewood High School in nearby Ridgewood , where he was co-captain of the baseball team. Duffield received

1083-664: The North Lake Tahoe Boys and Girls Club. In April 2020, the DCDF made a $ 350,000 grant to Incline Village Community Hospital to address the COVID-19 pandemic . In response to the 2021 Lake Tahoe forest fires, the foundation donated $ 4 million to over 30 charities, including $ 2 million to the Red Cross. Additionally, DCDF pledged $ 10.6 million to schools serving Hohokus, New Jersey, where he grew up. The Dave & Cheryl Duffield Foundation

1140-471: The PeopleSoft is a suite of products built on a client–server (two-tier) approach with a dedicated client . With the release of version 8, the entire suite was rewritten as an n-tier web -centric design called PeopleSoft Internet Architecture (PIA). The new format allowed all of a company 's business functions to be accessed and run from within a web browser . Originally, a small number of security and system setup functions still needed to be performed on

1197-797: The Services Automation suite. It ran on Oracle's Exalytics in-memory machine and Oracle Endeca Information Discovery enterprise data platform. In 2015, Oracle PeopleSoft ERP (enterprise resource planning) was an on-premises system capable of running in Windows , Linux , UNIX , and IBM mainframe environments. In 2019, the Department of Foreign Affairs and Trade (DFAT) used the PeopleSoft Enterprise Human Resource platform for time and labor tracking, manager and employee self-service tools, and security. The original architecture for

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1254-504: The acquisition of PeopleSoft, Oracle cut over half of PeopleSoft's workforce, laying off 6,000 of PeopleSoft's 11,000 employees. Oracle moved to capitalize on the perceived strong brand loyalty within the JD Edwards user community by rebranding former JD Edwards products. Thus PeopleSoft EnterpriseOne became JD Edwards EnterpriseOne and PeopleSoft World became JD Edwards World. Oracle announced in 2005 that Fusion Applications would combine

1311-533: The animal welfare industry. This organization is named after the Duffields’ Miniature Schnauzer who was a "lighthouse during the stormy period" of the couple's work careers. Maddie died of cancer in 1997, and Duffield acted on his earlier promise to his pet: "If we ever make some money, I promise we will give it back to you and your kind so others can be as happy as we are today." The Duffields have endowed Maddie's Fund with more than $ 345 million;

1368-400: The architecture of cloud-based software platform that consists of a number of different platforms with different specialty and functions. The most representative example of such platform is Microsoft Azure. The software consists of a number of distinct business platforms. As discussed above, on-premises solution and cloud-based solution have both positive and negative sides respectively. Thus,

1425-454: The beginning of 2000s. Although, during these periods, IT industry as a whole was in the middle of market boom and experienced a rapid growth in its market size, software market accounted for nearly 25% of all the spending in IT industry products. According to Hietala's research, US has been always the biggest country player in the software business and has been presenting a dominant market position in

1482-513: The best aspects of the PeopleSoft, JD Edwards, and Oracle Applications and merge them into a new product suite. Under Oracle, PeopleSoft offers different cloud-based software products, including Human Capital Management (HCM), Campus Solutions, Procurement and Supplier Management, Financial Management, and PeopleTools and Technology. In 2010, PeopleSoft released its In-Memory Project Discovery. It translated unstructured data into structured data, which then allowed users to analyze keywords and data in

1539-695: The board. He resigned as chairman in April 2021 and was appointed chairman emeritus and ultimately CEO emeritus by Workday’s board. Duffield founded his sixth and current company, Ridgeline, in 2017. Headquartered in Incline Village, Nevada, Ridgeline is an industry cloud software platform for investment management. The early-stage company currently employs approximately 400 people in offices in Incline Village, Reno, New York City, and San Ramon, California. In 1994, Duffield and his wife Cheryl established Maddie's Fund, to bring change, collaboration, and innovation to

1596-763: The business's reputation. Primary customers for relatively new software, SaaS, were the non-users of on-premises software as it was easier for them to make the purchase, installation and implementation of its service due to the factors previously discussed such as the lower installation cost and the lower system management cost. As the convenience of these features associated with cloud-based software becomes widely known, more customers (mainly businesses) start shifting their software system toward cloud-based as they have been realizing that SaaS brings more efficiency to their information and system management. Especially for those whose business processes are highly standardized and shared within their industry. Another factor resulted in

1653-402: The customer relation to the businesses. Over the last decade of software market, an increasing trend toward cloud-based software from traditional on-premises software has been appeared with an acceleration to its speed. At the time of 2016, despite this trend, most of corporations maintained their traditional information management system through on-premises software. This suggested that

1710-418: The daily operation and maintenance of the system by itself. This results in more time and costs required for the system operation as well as IT personnel who have specialization in managing the system. On the other hand, for cloud-based software, it is a software provider who is responsible for the system operations and maintenance. Thus, no IT professionals need to be hired within the entity specifically for

1767-564: The difference of the pace of market adaptation toward cloud-based software was the degree of concern and legislation regarding data security. In fact, developing economies where subjected to less restrictions regarding data security and legacy management, showed a relatively quicker response to the software market trend shift. Some vendors, particularly for those who have originally been offering on-premises software, are not willing to shift their software service to cloud-based as they will need to change their business model entirely and this requires

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1824-636: The entity will be subjected to the costs incurred for these as well. On the other hand, in general, the initial costs required for the use of software services are considered relatively low for cloud-based software and thus suitable to small enterprises without a large amount of capital. Moreover, cloud-based software users are not subjected to license fees as well as maintenance and operation costs since these are on hands of software vendors . Furthermore, costs incurred for infrastructures are expected to be smaller compared to on-premises software as users only need their electronic devices to be able to get access to

1881-443: The functionality of facilitating the interactions and communications among customers and producers due to its feature of being accessible from various stakeholders at the same time, while on-premises software usually limits the access to its platform owner in exclusion to other group of individuals. Cloud-based software provides the software services in relatively more flexible way and with more variations. The reason of this exists in

1938-552: The huge advantage of being capable of customization and tailoring software services to each business needs, SaaS has also evolved as a platform where customizable services are available to some extent as cloud-based software market develops. On-premises software was prevailing in 2013 in the software market, however, more and more customers and thus software vendors are shifting toward cloud-based software. Key corporate players who have contributed to this software model change as well as associated ERP systems are: For instance, SAP

1995-519: The market. In 2006, software products of US companies occupied around 60% of the whole world software product turnover. sa.. There are mainly 3 types of software product from the function point of view and from a commercial perspective: Pure software is mainly sold or purchased on its own as one independent product and not being incorporated into other products. Although these software are traded as main product, sometimes vendors get more revenue stream from services that are combined with or offered on

2052-494: The organization has spent in excess of $ 275 million through FY2022-23. The Duffields established the Dave & Cheryl Duffield Foundation (DCDF) in 2016 to continue innovative grant making in animal welfare and support for disabled military veterans. Based in Incline Village , Nevada, the foundation has supported animal welfare agencies, pet shelters, local schools, and regional community organizations including local parks and

2109-423: The purchase of hardwares and other infrastructures as well as costs required for software installation and examination. In addition to this, the entity is entitled to the purchase of the license particular to the software, which involves costs and time for the preparation and required procedures. Furthermore, in order to maintain the software functionality, sustainable maintenance and operations are required and

2166-400: The purpose of operating the software. As for the maintenance and operations, the entity using on-premises software is also responsible for backup and storage of software data. This implies the ability of the entity to have a full control over its data and its security. For cloud-based software, the entity has no requirement of data backup by itself, as this is also a responsibility of

2223-460: The recent years the company has been publishing many cloud-based piece of software such as Azure and Microsoft Dynamics LCS that provide customers internet services that offer automated and standardized business functions for specific area of the businesses. Salesforce has brought revolution to business's CRM process through its cloud-based software service, including Sales Cloud that offers best suitable standardized business processes regarding

2280-516: The research on public-facing Oracle PeopleSoft applications and their vulnerabilities, systems available online are susceptible to the TokenChpoken attack. A TokenChpoken attack, which affects systems that use Single Sign-On (SSO), is possible because an authentication cookie (PS_TOKEN) used by PeopleSoft applications can be forged. When the PS_TOKEN is identified by a "brute force" TokenChpoken attack, it

2337-404: The responsibility is on the software provider. However, the difference in the level of safety over data security between on-premises and cloud-based software is arguable. Some experts claim that cloud-based software is likely to be more secure as they have more amount of capital and other resources to invest in data security system than normal business entities. While others argue that this

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2394-404: The services. Although initial costs for the access to services are usually low for cloud-based software, total costs required for the use of software over a specific time period are unsure as cloud-based software requires routine payment (i.e. monthly subscription fee) for the use of services whereas on-premises software does not. The entity using on-premises software are fully responsible for

2451-463: The software of which the system and the service can be tailored to individual needs of customers. This customization can be achieved through a variety of different combinations of software modules and platforms. The core purpose of this software product is to solve a specific business issues of individual customers and provide a unique solution to that through technology. While standard cloud-based software usually offer standardized solution and service to

2508-474: The software platform. Unlike pure software product, embedded software products are not traded on its own but rather considered as a part being incorporated in other products. The examples are the software embedded into the mobile phone, computer and other electronic devices. In general, completely different ways of architecture and system construction needed for this type of software compared to that of traditional software products. Customer-tailored software are

2565-528: The software provider and data backup is perquisite for the provider in offering their services. On the other hand, the control of data by software providers suggests that users have no control over the data and software system performance. This may result in some security issues, especially for those who are subject to high level of regulation standards against data security, such as financial institutions. As discussed, users are responsible of data management for on-premises software while for cloud-based software,

2622-643: The suit was rejected by a U.S. Federal judge , who found that the Justice Department had not proven its antitrust case. In October, the same decision was handed down by the European Commission . Although Oracle had reduced its offer to $ 7.7 billion in May, it again raised its bid in November to $ 9.4 billion. In December 2004, Oracle announced that it had signed a definitive merger agreement to acquire PeopleSoft for approximately $ 10.3 billion. A month after

2679-450: The time and their location. Unlike on-premises software, cloud-based software users only need to install an application or a web browser in order to access its services. For on-premises software, there are several costs expected to incur until the software and its services would be fully available for use. First of all, the construction of on-premises software within the organisation requires high initial costs, including costs incurred for

2736-644: The top higher education human resources management system vendor. In 1979, he moved on to start Business Software Corporation, which provided real-time human resources and payroll applications for commercial enterprises. Duffield founded PeopleSoft in 1987 and served as the company's CEO and board chairman. PeopleSoft grew to be the world's second-largest application software company before being acquired by Oracle in January 2005 for $ 10.7 billion cash. In March 2005, Duffield and former PeopleSoft vice chair and head of product strategy Aneel Bhusri started Workday, Inc. ,

2793-417: The traditional on-premises solution. In order to deal with this problem, the software market came up with new solution to combine on-premises and cloud-based solution and its best features. As such, the software will be provided on-demand with customization simultaneously. Software has begun evolving from the beginning of 1990s and there was a big movement in business market trend toward the use of software at

2850-646: The trend shift in software market is occurring with a slow pace as the businesses are gradually shifting their software system from the traditional on-premises to cloud-based. In 2020, approximately 70% of business customers are planning new or further transitions from on-premises software to cloud-based software. In accordance to this consumer movement toward cloud-based solutions in software market, more and more vendors, including industry leading software corporations such as Microsoft, Oracle and SAP, shift their business model and transfer their products to cloud-based solutions. Faster shift from on-premises to cloud-based

2907-407: The unique needs of the large organizations regarding the automation of corporate-wide business system and its functions. 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

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2964-415: Was also rejected by PeopleSoft's board of directors . Complicating Oracle's takeover attempt was PeopleSoft's poison pill , allowing their customers to potentially receive refunds of 2–5 times the amount they had paid in the case of a takeover. Later that month, the U.S. Department of Justice filed suit to block Oracle, on the grounds that the acquisition would break antitrust laws. In September 2004,

3021-638: Was later renamed “Duffield Hall.” In July 2020, the Duffields donated $ 5 million to establish the Duffield Family Cornell Promise Scholarship. The gift was the largest single gift to the Cornell Promise Initiative, which provides financial support to students and families facing hardship from the pandemic. In early 2022, the Duffields also pledged $ 12.1 million to launch the new Duffield Institute for Animal Behavior at

3078-464: Was originally an on-premises software vendor. In accordance with the change in technologies and customer preferences in the software market, the company has turned itself into cloud-based ERP provider that are available both in public cloud and private clouds depending on the customer's needs. Microsoft previously provided on-premises collaborative platforms such as SharePoint2010 for automation of corporate-wide business system of large corporations. In

3135-608: Was originally headquartered in Walnut Creek, California , before moving to Pleasanton, California . Duffield envisioned a client–server version of Integral Systems popular mainframe HRMS package. He cofounded PeopleSoft after leaving Integral Systems which was also based in Walnut Creek. It should not be confused with Integral Systems of Columbia, Maryland, a different company. The company's sole venture backing came from IBM. George J. Still Jr. from Norwest Venture Partners joined

3192-620: Was the lack of broadband penetration and that there was no sufficient internet accessibility to effectively make all the on-demand software service work effectively. As SaaS market evolved in the 2000s, as opposed to on-premises software, the cloud-based software got adopted by the market demand to serve many types of businesses, including small and large corporations, and to automate specific business processes within them. In addition, SaaS allowed customers to make selections among many functions depending on each customer's needs and economic conditions. Although on-premises software previously had

3249-447: Was used by Fortune 500 companies and government organizations, and almost 50% of them are vulnerable and can be hacked via the internet, as researchers state. The risk factor lies in existing vulnerabilities of Oracle PeopleSoft systems that could enable data breaches at businesses, government organizations, and universities. Because of this, companies using PeopleSoft applications are under constant threat of cyber attacks. According to

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