While PeopleSoft has denied dropping PSBN
to date, Mark Nittler, PeopleSoft's vice president of applications yesterday admitted there was "understandable confusion" about the strategy.
PeopleSoft is currently developing the PeopleSoft Business Network (PSBN
), a network of e-business applications and content that unleashes the power of people to work and transact business in the Internet-enabled world.
In financial reports posted last week, it was revealed Britain's biggest supermarket had also suffered worsening sales compared to its competitors and the poor results caused the share price to slump by 7%, wiping PSbn
off its value.
Recently the company backtracked on its much-hyped e-commerce initiative, PSBN
(PeopleSoft Buiness Network) and most ISVs are still not sure exactly what the ERP vendor is doing in that space, the CEO said.
Spokespeople for PeopleSoft Inc on Friday denied the software vendor was dropping its PeopleSoft Business Network (PSBN
) strategy, despite new company literature which appears not to make any mention to the much-hyped e-commerce network.
The new PeopleSoft Procurement Community, will become part of the PeopleSoft Business Network (PSBN
), is based on Commerce One's Commerce Chain product which includes its BuySite 5.0 procurement software, to allow businesses to buy and sell over the internet and MarketSite.net, an online forum for business products and services suppliers such as Office Depot, Unisource, BOC Gasses, American Hospital (for medical supplies) and Nokia.
The product is part of the software vendor's PeopleSoft Business Network (PSBN
) iniative, launched last November, and comprises a customizable store-front application alongwith modules for sales, customer self-service, product marketing, order fulfillment and analytic applications.
PeopleSoft Inc yesterday gave more details of the underlying technology it will use to deliver its PeopleSoft Business Network, or PSBN
, its forthcoming e-commerce network incorporating a MyYahoo or MyNetscape-style portal site.
The work carried out under Momentum's name is expected to supplement existing PeopleSoft efforts, such as the recently announced PSBN
PeopleSoft Business Network electronic business initiative (CI No 3,530), the Enterprise Performance Management family of analytical applications, and vertical market applications such as that produced by Intrepid Systems Inc, which PeopleSoft recently acquired.
Peoplesoft aims to assemble a host of 'certified' external service and goods providers, called the Peoplesoft Business Network (PSBN
) who will pay an as yet undisclosed amount to be linked into the customized Peoplesoft home pages of the 25 million newly empowered Peoplesoft users.
PeopleSoft Inc will today announce details of a next generation desktop, the PeopleSoft Business Network (PSBN
), which it says will give users personalized, browser-based access to a company's ERP applications as well as integrating a host of other e- commerce applications.
The cost to our economy will probably run into PSbns
. Farmers had to dump thousands of gallons of milk because tankers couldn't reach the farms, petrol stations running out of fuel and shops running out of produce, thousands of people without gas or electricity and that's before we count the cost of all the lost factory production.