Business Objects and PeopleSoft Sign Technology and Marketing Agreement; PeopleSoft Designates Business Objects First Application Partner for Decision Support.CUPERTINO, Calif.--(BUSINESS WIRE)--Nov. 20, 1995--Business Objects and PeopleSoft, Inc. today announced the signing of a technology and marketing agreement. Through the agreement, Business Objects will provide an integrated solution for mutual customers who want to add Business Objects' query, reporting, and analysis functionality on top of the PeopleSoft client/server applications they use to run their business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . The agreement provides for a technology integration program and marketing efforts directed at the companies' joint customers. Through the agreement, Business Objects also becomes the first Application Partner for decision support under PeopleSoft's Business Alliance Partner Program. PeopleSoft, Inc. is a leading supplier of client/server business software for accounting, distribution, and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . Business Objects develops and markets BusinessObjects, an industry-leading query and reporting solution that provides end users with an intuitive, business representation of information stored in corporate databases and data warehouses. "We want to deliver a total solution to our customers by working with best-of-breed partners," said Frank Strelau, vice president of business development at PeopleSoft. "Some members of our customer advisory board made it a high priority for us to integrate more seamlessly with BusinessObjects. We are responding with this new partnership. We're pleased to have Business Objects as the first Application Partner for decision support in our Business Alliance Partner Program." "The agreement with PeopleSoft represents a new level of commitment by our two companies to support the many Business Objects customers who have standardized on PeopleSoft to run their business operations," said Bernard Liautaud Bernard Liautaud is chairman and chief strategy officer of Business Objects. Liautaud cofounded Business Objects in 1990 and was chief executive officer until September 2005. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. at Business Objects. "We have now set the stage to offer well-integrated solutions for customers who want to combine the powerful query, reporting, and analysis of BusinessObjects with the business management functionality of PeopleSoft's client/server applications." Technology Integration Program The two companies will build upon the experience gained with their mutual customers to ensure ongoing seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. between PeopleSoft applications and BusinessObjects. This includes technical integration in such areas as effective dating and security authorization. Additionally, Business Objects will provide a "BusinessObjects for PeopleSoft" solution to enable customers to quickly deliver end user decision support that is customized to their unique PeopleSoft implementation. Mutual customers of PeopleSoft and Business Objects include AT&T, Consolidated Natural Gas, Eli Lilly Eli Lilly can refer to:
About PeopleSoft, Inc. PeopleSoft, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PSFT PSFT PeopleSoft (stock symbol) PSFT Progressive Saturation Fourier Transform PSFT Prosoft-Technology, Inc ) was established in 1987 to provide innovative software solutions that meet the changing business demands of enterprises worldwide. A client/server applications pioneer and market share leader, PeopleSoft develops, markets, and supports a complete suite of enterprise applications for accounting, materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , distribution, manufacturing, and human resources. PeopleSoft's innovative use of technology empowers individuals to make informed decisions and manage constant change. With several hundred Fortune 1000 customers around the world, the company has been recognized for both its award-winning customer service and remarkable growth. PeopleSoft was listed by Fortune as one of the fastest growing companies in America in 1994 and 1995, and by Forbes as one of the 200 best small companies in America in 1994. PeopleSoft product and service information can be located on the World Wide Web at http://www.peoplesoft.com. About Business Objects Business Objects (NASDAQ:BOBJY) is a leading provider of client/server decision support systems (DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S ) to customers with data warehouse and other strategic business applications. The company pioneered the market for business-intelligent DSS tools in 1990 with the introduction of its flagship product, BusinessObjects. In 1994, company revenues were more than $30 million, representing over 100% growth rate from 1993. BusinessObjects has been licensed in more than 20 countries to over 2,250 customer sites and 85,000 end users worldwide. Business Objects partners with leading third-party vendors including Hewlett-Packard, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Informix, Oracle, PeopleSoft, Prism Solutions, Red Brick Systems, Sun Microsystems, and Sybase. Strategic resellers include AT&T Global Information Solutions, Bull Information Systems, Fujitsu, Price Waterhouse, Sequent, SHL SHL Shift Logical Left SHL Schweizerische Hochschule für Landwirtschaft (German: Swiss College of Agriculture) SHL Southern Hockey League SHL Silver Haired Legislature SHL Single Hidden Layer (neural networks) , Siemens Nixdorf, and Unisys. -0- Note to Editors: BusinessObjects is a trademark of Business Objects S.A. PeopleSoft HRMS HRMS Human Resource Management System HRMS High Resolution Microwave Survey (SETI, Project Phoenix) HRMS High Resolution Mass Spectroscopy HRMS High Resolution Molecular Spectroscopy HRMS Human Resources Management Specialist , PeopleSoft Financials, and PeopleSoft Distribution are trademarks of PeopleSoft, Inc. Other company and product names may be trademarks of the respective companies with which they are associated. CONTACT: Business Objects Tracy Eiler, 408/864-2085 or Blanc & Otus Rebecca Hurst, 415/512-0500 or PeopleSoft John Cate, 510/295-9471 |
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