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PeopleSoft Refreshes J.D. Edwards Software

Pushing its Oracle problem aside for a moment, PeopleSoft launched a new batch of software upgrades to its J.D. Edwards lineup to address its presence in supply chain markets.

The improvements are part of the Pleasanton, Calif.-based firm's latest release of PeopleSoft EnterpriseOne. Version 8.11 of the platform adds more than 250 enhancements to current versions and is designed specifically for manufacturers in the consumer goods, industrial, life sciences, asset intensive, and project oriented services industries.

The software, which came from the acquisition of J.D. Edwards, will help expand PeopleSoft's reach into new markets. The updated version covers new ways for designing production lines, processing inbound RFID shipments and CRM . PeopleSoft also unveiled new sales and operations planning application software based on the EnterpriseOne architecture.

One of the prevailing concerns when PeopleSoft announced its intent to acquire J.D. Edwards was that its software is largely built on the IBM AS400 platform and would be difficult to reconcile the legacy code base with PeopleSoft's younger Web-based infrastructure. PeopleSoft has since addressed the with the J.D. Edwards team to continue improving its own software and has teamed with IBM in a five-year deal.

"PeopleSoft has delivered an unprecedented amount of new functionality to our EnterpriseOne customers since the acquisition of J.D. Edwards just 15 months ago," Les Wyatt, PeopleSoft group vice president and general manager said in a statement. "With over 250 new product enhancements in PeopleSoft EnterpriseOne 8.11, we continue to distance ourselves from the competition."

PeopleSoft is priming the pump with an upgrade path. The company said customers running previous versions of PeopleSoft EnterpriseOne can jump to PeopleSoft EnterpriseOne 8.10 or PeopleSoft EnterpriseOne 8.11 with the new PeopleSoft Global Services NOW upgrade program, which expires on Dec. 31.

The refresh is also part of PeopleSoft's drive toward increasing its licensing sales, as it struggles to remain a standalone company. Despite the hostile takeover bid by Oracle and the unexpected firing of CEO Craig Conway, PeopleSoft estimates its sales in the last three months will be much better than originally anticipated.

The company said earlier this month that its license revenue should now fall between $155 million and $165 million. Over the summer, PeopleSoft said it added more than 150 new customers with 34 transactions with price tags of more than $1 million. The average selling price for new customers was $454,000, the company said.

But in a Delaware court today, Oracle discounted PeopleSoft's estimates, as Bloomberg and other financial publications reported co-president Safra Catz rating PeopleSoft's overall losses somewhere between one-third and one-quarter over previous years. Oracle is in court this week after it sued PeopleSoft last year to remove its so-called "poison pill" provisions from hindering the merger.

"PeopleSoft as a stand-alone entity is really not viable longer term," Catz told the court. "PeopleSoft knows, longer term, there's a problem."

Last week, Oracle CEO Larry Ellison told the same court that his company is considering lowering its bid of PeopleSoft. Still, Oracle extended its tender offer for PeopleSoft of $21 per-share ($7.7 billion) to midnight Friday, Oct. 22.

PeopleSoft stock crept down 12 cents to close at $21.83 per share Monday.