PeopleSoft and IBM will jointly market and deliver integrated, cross-functional industry solutions targeted at solving some of the most difficult business process challenges facing companies today.
These solutions will consist of PeopleSoft applications, IBM middleware, third party software, and services from IBM and PeopleSoft to provide customers with a complete solution offering.
The initial industry solutions will focus on banking, financial markets, insurance, and telecommunications. Solutions for the telecommunications industry - built on IBM's Service Provider Delivery Environment framework -will include Customer Profitability Management, Network Lifecycle Management, and Customer Loyalty and Retention. Other new industry solutions will include Distribution Channel Management for Insurance and Integrated Risk Management for Banking and Financial Markets.