TomorrowNow
Encyclopedia
TomorrowNow was founded in December 1998 by Andrew Nelson and Seth Ravin, to provide upgrade and technical service to PeopleSoft
licensees with large, complex environments. In March 2002, the company changed its business to focus on providing third-party maintenance and support service to companies licensing enterprise software
.
In January 2005, TomorrowNow was purchased by SAP AG
, a competitor of PeopleSoft and of Oracle Corporation
, which purchased PeopleSoft in 2005. In 2008 SAP closed the company because of a lawsuit by Oracle. Andrew Nelson and most senior managers had already resigned in 2007.
On November 23, 2010, TomorrowNow was found liable for copyright infringement and SAP AG was ordered to pay $1.3 billion to Oracle Corp. That sum was later slashed to $272m on appeal.. A further fine of $20 million was revealed on the 14th September 2011.
PeopleSoft
PeopleSoft, Inc. was a company that provided Human Resource Management Systems , Financial Management Solutions , Supply Chain and customer relationship management software, as well as software solutions for manufacturing, enterprise performance management, and student administration to large...
licensees with large, complex environments. In March 2002, the company changed its business to focus on providing third-party maintenance and support service to companies licensing enterprise software
Enterprise software
Enterprise software, also known as enterprise application software , is software used in organizations, such as in a business or government, contrary to software chosen by individuals...
.
In January 2005, TomorrowNow was purchased by SAP AG
SAP AG
SAP AG is a German software corporation that makes enterprise software to manage business operations and customer relations. Headquartered in Walldorf, Baden-Württemberg, with regional offices around the world, SAP is the market leader in enterprise application software...
, a competitor of PeopleSoft and of Oracle Corporation
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
, which purchased PeopleSoft in 2005. In 2008 SAP closed the company because of a lawsuit by Oracle. Andrew Nelson and most senior managers had already resigned in 2007.
On November 23, 2010, TomorrowNow was found liable for copyright infringement and SAP AG was ordered to pay $1.3 billion to Oracle Corp. That sum was later slashed to $272m on appeal.. A further fine of $20 million was revealed on the 14th September 2011.
External links
- David Bank, 2004. 'Rebel' Customers May Cut Into Profits At Big Software Firms. Wall Street Journal, 30 September, page B1.
- A "Plan B" for Peoplesoft Customers CNET News.comCNETCNET is a tech media website that publishes news articles, blogs, and podcasts on technology and consumer electronics. Originally founded in 1994 by Halsey Minor and Shelby Bonnie, it was the flagship brand of CNET Networks and became a brand of CBS Interactive through CNET Networks' acquisition...
, September, 2004 - SAP Buy Targets PeopleSoft Migration eWeekEWeekeWeek is a weekly computing business magazine published by Ziff Davis Enterprise.The magazine consists of a print publication and web site covering enterprise topics and is targeted at IT professionals rather than hobbyists.-Audience:The eWeek audience is actively involved in buying enterprise...
, January, 2005 - Hitting Oracle where it Hurts ForbesForbesForbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
, September, 2005 - Support Comes From The Outside Information Week January 2006
- SAP Must Pay Oracle $1.3 Billion Over Unit’s Downloads Press release on Bloomberg