"By retaining over 90 percent of PeopleSoft's development and support organization we can deliver on our commitment to all of our applications customers," Ellison said.
Ellison also announced "Project Fusion," the company's next-generation information- oriented application architecture that will combine the best features and functions of Oracle's applications with those of PeopleSoft and JD Edwards.
"Our greatly expanded development team, will focus our resources on creating next generation information-oriented applications based completely on industry standards," Ellison said.
Following Ellison's presentation, Oracle senior vice president of
applications development John Wookey unveiled the combined Oracle and
PeopleSoft product roadmap and support plans. Wookey detailed plans for "Project Fusion," a next generation information-oriented architecture and application set supporting the best features, flows and usability traits of Oracle, PeopleSoft and JD Edwards products.
"Oracle and PeopleSoft are truly better together," said Wookey at a
customer event earlier today. "The new combined organisation, comprised of the best talent in the enterprise software industry, will provide customers with greater innovation, support and expertise across industries. Our goal is to help customers achieve unprecedented levels of business efficiency and competitiveness by delivering products that reduce complexity and lower costs."
Wookey said that Oracle would retain approximately 90 percent of
PeopleSoft's development and support team, helping to ensure continuity for innovative product enhancements and around-the-clock support for PeopleSoft Enterprise, JD Edwards EnterpriseOne and JD Edwards World products.
Wookey reiterated Oracle's commitment to further enhance and support future versions of PeopleSoft and JD Edwards products. He also provided an estimated release timeline:
· PeopleSoft Enterprise 8.9 will be completed in 2005
· Oracle E-Business Suite 12 (2006)
· PeopleSoft Enterprise 9 (2006)
· JD Edwards EnterpriseOne 8.12 (2006)
· Ongoing JD Edwards World enhancements to be delivered
· First Project Fusion components, specifically data hubs and
transaction bases, (beginning in 2006)
· Initial "Project Fusion" applications available in 2007
· "Project Fusion" applications suite delivery in 2008
Support milestones include:
· Oracle will provide support for the PeopleSoft Enterprise, JD
Edwards EnterpriseOne and JD Edwards World product lines through at least 2013
· Oracle is extending JD Edwards EnterpriseOne XE and 8.0 support
to February 2007
· For PeopleSoft's other products and versions, including JD
Edwards World, Oracle has adopted PeopleSoft's current retirement policies
· Oracle will also continue to maintain currently supported
hardware platforms, databases and operating systems.