The dependency on PeopleSoft

PeopleSoft, the enterprise resource planning (ERP) software developed by Oracle Corporation, is still actively used by many organizations worldwide. However, its prominence has diminished compared to newer cloud-based ERP solutions.

While Oracle continues to support and provide updates for PeopleSoft, the company has shifted much of its focus towards cloud-based offerings such as Oracle Fusion Cloud Applications. These cloud-based solutions offer benefits such as scalability, flexibility, and seamless updates, which are attractive to organizations seeking modern ERP solutions.

Despite the shift towards cloud-based solutions, many organizations, particularly large enterprises and institutions in sectors like higher education and government, continue to rely on PeopleSoft for their ERP needs. This is often due to factors such as extensive customization, legacy integrations, regulatory compliance requirements, and the familiarity of users with the platform.

In summary, while PeopleSoft's market share may have

decreased in recent years, it remains in use by many organizations, and Oracle continues to provide support and updates for the platform. However, the ERP landscape is evolving, and organizations are increasingly considering cloud-based alternatives for their future ERP needs.