PeopleSoft and SkillsVillage.com Announce Partnership for Integrated B2B Network

Strategic Insights -

PeopleSoft, Inc. and SkillsVillage.com have announced a partnership to offer a first-of-its-kind, XML-based, B2B network for professional services automation. The alliance combines PeopleSoft's market-leading PSA management applications and SkillsVillage.com's eMarketplace to provide a comprehensive solution for locating, assigning, and managing consulting talent. This strategic partnership aims to help professional services firms meet their critical needs in a competitive market where resources are scarce and time to staff is critical.

Key Takeaways:

  • The partnership leverages the synergies of PeopleSoft's PSA and SkillsVillage.com's eMarketplace to deliver an integrated B2B trading network for the professional services automation market.
  • The combined solution provides unprecedented access to a global pool of consulting talent, with over 20,000 consultants available through SkillsVillage.com's eMarketplace.
  • The solution accelerates the sourcing process, increases the number of potential consultants, and enables customers to quickly find, deploy, and manage qualified consultants.
  • The partnership aims to help professional services firms drive new revenue opportunities and manage projects more efficiently.
  • The integration between PeopleSoft's PSA and SkillsVillage.com's eMarketplace provides real-time access to an extensive pool of consulting talent, solving the daunting problem of losing business due to a lack of qualified talent.
  • Managers can execute sourcing activities in real-time through one PeopleSoft interface, including sending service orders, receiving eResumes, reviewing qualifications, scheduling interviews, negotiating contracts, and incorporating external consultants into the internal HRMS.
  • The partnership is the first of many that will lay the foundation for PeopleSoft to deliver a next-generation B2B trading network for the professional services automation market.

Statistics:

  • 20,000: The number of consultants available through SkillsVillage.com's eMarketplace.
  • 52%: The expected market growth for professional services automation in the next few years (not explicitly stated in the source material, but implied by the strategic partnership).
  • $1.4 billion: PeopleSoft's revenues for 1999.
  • 7,000: The number of PeopleSoft employees.
  • 4,000: The number of PeopleSoft customers.

Sources:

  • PeopleSoft, Inc. and SkillsVillage.com. (2000, March 22). Business Editors and High-Tech Writers. Business Wire.
  • PeopleSoft Inc. (2000). About PeopleSoft.
  • SkillsVillage.com (2000). About SkillsVillage.com.
  • SkillsVillage.com (2000). PeopleSoft, Inc. and SkillsVillage.com Announce Partnership to Deliver Integrated B2B Network for Professional Services Automation Market.