PeopleSoft Founder Launches New Company for 'ERP as a Service'

PeopleSoft founder David A. Duffield is all set to launch a new company called Workday. Duffield called the business 'a new generation of on-demand ERP,' akin to such companies as San Francisco-based Salesforce.com and San Mateo-based NetSuite. He claims the goal of the new company is to replace traditional enterprise resource planning platforms with Software-as-a-Service (SaaS) tools.

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