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The world-wide
ERP major, PeopleSoft increased its presence in India
substantially after an alliance with professional services
consultant, Pricewaterhouse Coopers (PwC). This alliance
makes PwC, one among the ''big five'' consultant companies
of the world, the first implementation partner of PeopleSoft
in India.
The new alliance
was announced at a conference where Mr Murray Creighton,
Managing Director, PeopleSoft, Asia Pacific, Mr Bill Walsh,
General Manager, International Operations, PeopleSoft,
Mr Roopen Roy, Executive Director, PwC and Mr Jeff Brugos,
global PeopleSoft Leader, PwC were present. PwC would
also provide technical support and authorised training
to clients and software professional in India. PeopleSoft,
an ERP package centred on its HRM capabilities, would
require to be customised to the Indian legal and regulatory
environment and also suit local needs. PwC is to facilitate
the release and implementation of such customised solutions.
The new alliance
gives a major presence for PeopleSoft in India, which
was lacking so far, given that other ERP majors like SAP
and Baan have set-up shop in India. PeopleSoft looks to
tap the MNCs and large Indian companies along with global
customers through this alliance. Major PeopleSoft implementations
include L&T, JP Morgan, Hindustan Lever Ltd and multi
national banks in India. The PeopleSoft Centre of Excellence
in Calcutta being setup by PwC will provide access to
the latest releases of PeopleSoft software and work towards
creating solutions customised to specific industry needs
and towards integrating PeopleSoft technologies with data
warehousing and e-business solutions.
This alliance
is a part of its PeopleSoft''s growth plans in India. Its
investment now is a modest $10 million and a revenue target
of $30 million in the next three years, starting with
about 5 to 7
million this year. Its investment is expected to grow
manifold, with its plan for its only development centre
outside the US, in India. This development centre is expected
to have about 300 people who will look at localisation
of products outside the US. Peoplesoft''s global revenue
was about $1.4 billion last year and is expected to grow
by about 20-30 percent this year. Its profits in 1996
was about 400 million and about twice as much in 1997.
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