Friday, December 31, 2010

(Another) New Year!

Wishing all of you a very wonderful new year! May 2011 be a year full of professional and more importantly personal fulfillment and happiness!
I am sure that the past year was a pleasant one for most PeopleSoft consultants - with renewed investments in HRIT projects by companies, large number of 9.1 implementations/upgrades and the announcement by Oracle of continued investments in PeopleSoft.
2011 bodes to be more exciting and might even turn out to be a 'tipping point' year for the product. The major highlights that I look forward to in the year will be:
1. Release of Fusion HCM product line - features, adoption and it's impact on PeopleSoft.
2. PeopleSoft in the 'cloud' - PeopleSoft has indeed been slow to move to the cloud. Given that adoption of 'cloud computing' is touted to be a major focus point for organizations, it is just a matter of time that PeopleSoft applications are also hosted in the cloud. Already Amazon and HP have solutions that let companies host PeopleSoft applications on the cloud. It is to be seen how vendors and organizations adopt this for their PeopleSoft applications. Hopefully this will make PeopleSoft more attractive for SMEs.
3. Effect of the new workplace and mobile applications - I had discussed briefly on this exciting and sweeping change happening in workplaces over the world in a previous post. With organizations embracing a more flexible work culture, the way enterprise applications are delivered and accessed need to undergo a sea change. I expect to see lot of innovative products coming up in this area and 2011 will only be the start!
4. Release Value Proposition for 9.2 - PeopleSoft HCM 9.2 is touted to be released in 2012 and I hope that we get to know of the features through the RVP sometime in 2011.
5. Progress of the new generation players - The HCM solution space is getting crowded and there are a number of solid products in the market. It will be interesting to see how new generation players like Workday and Successfactors maneuver in a resurgent market and how this will affect the adoption of PeopleSoft.

Well, the underlying current of all the above points is the immeasurable ability for innovation by the human mind and an often scary ability to take risks and venture into the unknown. That makes any prediction (like 10 tech. trends to watch out for in the new year!!) meaningless and mere wishful thinking! So, here's me signing off by wishing to see more of the wonders of the human mind in the new year!

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