PeopleSoft boosts ERP suite with acquisition by Elizabeth HeichlerBOSTON - PeopleSoft has hit the acquisition trail to boost its enterprise resource planning (ERP) suite.
Peoplesoft is adding retail management systems to its portfolio of business applications by acquiring Intrepid Systems.
"This acquisition allows us to jointly take a leadership position in the retail industry," said Intrepid Systems president and chief executive officer, Rich White.
"It combines our retail business experience with the back-office expertise that's a strength of PeopleSoft."
PeopleSoft and Intrepid have already integrated their products to some degree under a joint product development and marketing agreement.
Intrepid has ported its IBM AS/400-based product to the PeopleTools client/server development environment and has done some initial integration between its retail management and decision support applications and PeopleSoft financial management applications.
Intrepid will also announce the availability of Evolution 4 - its merchandise management system - for the PeopleTools application development tools at the Retail Systems '98 Conference and Exposition in New Orleans this month.
But despite PeopleSoft's worldwide presence with its ERP software, its thrust into the retail sector is not aimed outside of North America, according to company executives.
SAP at the top, says IDC
by Patrick Thibodeau
FRAMINGHAM - SAP continues to hold the lead in the robust enterprise application market, but PeopleSoft has edged out Oracle for second place, according to a new study by International Data Corporation (IDC).
The study found worldwide packaged application revenues hit $US14.4 billion last year - a 20 per cent increase from the previous year.
SAP dominated the market with $US2.25 billion in revenue last year, a 32 per cent increase in software licence and maintenance revenues from the prior year. It represents a 15.6 per cent market share.
PeopleSoft had revenues of $US705 million, a 76 per cent increase from the prior year, and 4.9 per cent market share. Oracle reported $US699 million in revenue last year, a 42.5 per cent increase, and a market share of 4.8 per cent.
Computer Associates and Baan made up the top five vendors.
IDC expects global revenues to keep pace this year, gaining 19 per cent to $US17.2 billion.
By 2002, the market will reach $US33.5 billion - an 18.4 per cent compound annual growth rate, IDC said.