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Oracle starts to talk migration

By John Labate | Updated on November 01, 2005

Oracle’s knockdown, drag-out battle for control of enterprise software rival PeopleSoft left many wondering what the future would hold for longtime PeopleSoft customers if Oracle got its way. Oracle did win the final round, of course, and with its recent update of PeopleSoft Enterprise Financial Management 8.9, the company has revealed more about its plans for all its customers–new and old.

The first message is that Oracle has committed to maintaining existing PeopleSoft (and J.D. Edwards) products, including making patches, fixes and regulatory updates available for five, or in some cases six, years after release. Version 8.9 contains many enhancements, including improved visibility and automated management over cash balances and a new centralized framework for electronic payments. Oracle says there will be at least one more update of the product.

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