PeopleSoft Unveils Analytics Module

By Dennis Callaghan  |  Posted 2001-12-18 Print this article Print

PeopleSoft Inc. announced the third release of its business analytics module Monday, just four days after acquiring the technology of bankrupt Calico Commerce Inc.

PeopleSoft Inc. announced the third release of its business analytics module Monday, just four days after acquiring the technology of bankrupt Calico Commerce Inc. The new analytics software, PeopleSoft 8.3 Enterprise Performance Management, includes three new applications: Business Planning and Budgeting, Customer Behavior Modeling, and Workforce Planning.
Business Planning and Budgeting, included in PeopleSofts Financial Analytics application, enables companies to project, implement, monitor and adjust their financial strategies and objectives to increase overall profitability and efficiency, PeopleSoft officials said.
The Customer Behavioral Modeling module is included in PeopleSofts CRM Analytics and uses predictive analytics such as customer profiling, data modeling and data mining to analyze information, so that businesses can gain a deeper understanding of customers, officials said. And the Workforce Planning module, included in PeopleSofts Workforce Analytics application, allows companies to model skills and competencies, plan succession, and determine work force strengths and weaknesses to improve organizational performance. This version of Enterprise Performance Management also adds four new solution-specific data warehouses for CRM (customer relationship management), financials, human resources management systems and supply chain management. PeopleSoft 8.3 Enterprise Performance Management is available now. Last Thursday, PeopleSoft announced plans to acquire the assets of bankrupt e-commerce software company Calico Commerce Inc. for $5 million in cash. As part of the agreement, Calico will file for protection under Chapter 11 of the U.S. Bankruptcy Code. PeopleSoft will get Calicos interactive selling and sales configuration software, which sells under the brands Advisor and Network Advisor. "By teaming with PeopleSoft, we are enabling our customers to continue to use best-of-breed configuration and recommendation technology with the security and backing of a large, successful software company," James Weil, president and CEO of Calico, in San Jose, Calif., said in a statement. "Interactive selling technology is an integral and indispensable component of any comprehensive enterprise software solution, and the strength of the combined offering should delight both Calico and PeopleSoft customers." The sale is subject to bankruptcy court approval. Calico officials said the company will continue to support its customers and has enough cash to remain in business until the sale is completed. The companys stock, which had been delisted from NASDAQ, closed at 12 cents Monday. It had traded near $60 a share before NASDAQ started to slide in April 2000. Calico previously sold off its Market Maker assets for business-to-business product catalogs and transaction management to Digital River Inc. in April of this year. The company lost $6.3 million on just $1.4 million in revenues in the quarter ended Sept. 30.

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