Oracle sees life after PeopleSoft
Oracle sees life after PeopleSoft
Oracle will still develop business applications as its top priority for the company, with or without buying PeopleSoft.
Charles Phillips, Oracle co-president said: "Our applications business was never contingent on getting PeopleSoft. It was an opportunity we tried to take. It was opportunistic."
The Redswood Shores rival bid of $7.3 billion for PeopleSoft showed that they had a more serious focus on business applications. Eight months after Oracle's buyout setbacks, this has led some to question the company's commitment the business applications unit, should it fail to acquire PeopleSoft.
They have also shown interest in acquiring companies in other markets, including technology infrastructure maker BEA Systems.
Henley added: "We will continue to make investments in both the technology and application space.
"There will be fewer and fewer players, and certainly we will be one of those left standing."
Oracle is still waiting for regulatory approval from both the U.S. Department of Justice and the European Commission before they can move forward with their pursuit of PeopleSoft.
They are also trying to take control of PeopleSoft's board to overturn antitakeover measures PeopleSoft management enacted.
Phillips also talked about improving customer service. They have kicked off a customer outreach programme that will be an "important push" for the next 12 months.
In addition, Oracle Chief Executive Larry Ellison has that it's alright for companies to use Oracle's business system with those from rivals Siebel Systems and SAP, and Oracle will help them do it too.
He said this at Oracle's AppsWorld Conference. He also talked about Oracle's Customer Data Hub product - a new program designed to pull data from numerous business systems and furnish-up-to-the-minute information about customers.He compared the product to the global consumer credit database used by banks and retailers around the world, that can store vasts amounts of detailed data, which it pulls from different companies' computer with nearly instaneous updates.
Ellison: "The model of the credit data hub is exactly the one we followed for the Customer Data Hub."
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