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PeopleSoft Delivers Preconfigured Mid-Market Solutions Designed to Automate Business Processes and Lower Costs; Solutions Extend PeopleSoft''s Leadership in the Mid-Market.

Publication: Business Wire
Publication Date: 14-APR-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors/High-Tech Writers

PLEASANTON, Calif.--(BUSINESS WIRE)--April 14, 2003

Building on more than six years of leadership in the mid-market, PeopleSoft Inc. (Nasdaq:PSFT) today delivered 13 new mid-market solutions designed specifically for companies with $50 to $500 million in annual revenues. Preconfigured to automate mid-market business processes, PeopleSoft Mid-Market Solutions include an unlimited user license for PeopleSoft applications, training, and implementation services -- all for a fixed price. The solutions address a growing demand from mid-sized organizations to integrate critical business processes, and provide the flexibility to implement one module at a time.

"Mid-market organizations require solutions that automate business processes but are affordable and flexible enough to support a phased, modular implementation in which high-impact areas can be addressed first," said Carl Lehmann, vice president, META Group, Inc. "As IT spending in mid-market organizations increases, savvy ERP companies can position themselves to increase market...

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