Oracle has given a public commitment that it will support PeopleSoft and JD Edwards software until 2013.
Users were previously concerned that Oracle would force them to migrate to Oracle ERP software.
Oracle will also release a new version of PeopleSoft's enterprise resource planning software package, Enterprise 9.0.
Outlining the company's plans last week, following the takeover of PeopleSoft, Oracle chief executive Larry Ellison said the company would retain 90% of PeopleSoft's development and support staff. Ellison said the company would also work on a scheme codenamed Project Fusion to integrate the best features and functions of Oracle's applications with those of PeopleSoft and JD Edwards, which was acquired by PeopleSoft in 2003.
Oracle's strategy is to simplify Oracle and PeopleSoft pricing to produce what it described as a "straightforward" model. "We will communicate any changes as soon as practicable. Oracle will also honour the terms and conditions of existing contracts," the company said.
The company plans to offer users of PeopleSoft a migration to the equivalent Oracle licence at no charge or to the next version of its enterprise software suite.
"As part of the strategy, you would simply exchange existing PeopleSoft Enterprise, JD Edwards Enterpriseone and JD Edwards World licences for equivalent Oracle licences, as long as the products are fully licensed and current on maintenance," Oracle said on its website.
Oracle also confirmed it would not charge any additional licence fees to migrate database licences, required by their ERP system onto Oracle.
PeopleSoft user Mike Lowe, IT director at Calor Gas, said he was encouraged by Oracle's commitment to develop and release updates to current versions of PeopleSoft and JD Edwards products.
However, he said this did not provide enough information. "If I want to plan three years ahead, I do not know what the next version of the product would be in that timescale," he said. Lowe had reservations about a longer term migration because Oracle runs mainly on Unix, and it could mean a platform migration.
- SAP has acquired Tomorrow-Now, a software firm that helps users maintain existing PeopleSoft and JD Edwards products. The company aims to secure extra business from users worried about support.