Contributed by Organizations or Campuses; Articles, Papers, and Reports; and Administrative Systems
The Value of ConnectND: Return on Investment and Benefits Analysis Update
| Title: | The Value of ConnectND: Return on Investment and Benefits Analysis Update (ID: CSD4079) | | Origin: | Contributed by Organizations or Campuses (2004) | | Type: | Articles, Papers, and Reports | | Abstract: | Between November 2002 and January 2003, the State of North Dakota and the North Dakota Higher Education system conducted a detailed analysis of the estimated costs and benefits of the ConnectND project. That analysis gathered information and developed 10-year projections on total implementation and operating costs for the project. Information was also collected on the costs to operate existing systems (legacy systems) and that too was projected out 10 years. The project team interviewed members of the ConnectND team, departmental and higher education staff to determine the types of benefits that were expected from the project and how those benefits would return value to the state and the higher education system. At the conclusion of that analysis, a report was published titled "The Value of ConnectND. A key element of that report was a Return on Investment or ROI. This is an update of that earlier report. | | View this resource: | |
Oracle buys PeopleSoft for $10 billion
| Title: | Oracle buys PeopleSoft for $10 billion (ID: CSD3588) | | Origin: | Contributed by Organizations or Campuses (2004) | | Type: | Articles, Papers, and Reports | | Abstract: | After 18 months of wrangling, legal actions, and regulatory review, the PeopleSoft Board of Directors has approved a buyout offer from Oracle.The deal is valued at about $10.3 billion, or $26.50 per share, despite Oracle's insistence that $24 per share was its best offer. The higher price came after Oracle executives gained access to PeopleSoft's financial statements and determined the target company was more profitable than Oracle's earlier estimates. Oracle has promised strong support for current PeopleSoft customers, as well as those of J.D.Edwards, which PeopleSoft acquired during the takeover efforts by Oracle. Oracle CEO Larry Ellison said development teams from both PeopleSoft and J.D. Edwards would be retained and would operate independently. Ellison said updates to applications from both companies would be developed in the next year or two. Pending legal action over the merger will be suspended until the transaction is completed, at which point litigation will be dismissed. The deal is expected to close at the end of January 2005. | | View this resource: | |
Two Universities Team Up to Create Free, Open-Source Financial Software for Campuses
| Title: | Two Universities Team Up to Create Free, Open-Source Financial Software for Campuses (ID: CSD3367) | | Author(s): | Jeffrey R. Young (The Chronicle of Higher Education) | | Origin: | Contributed by Organizations or Campuses (2004) | | Type: | Articles, Papers, and Reports | | Abstract: | Indiana University (IU) and the University of Hawaii have begun work on a project called Kuali to build open-source financial-system software for colleges and universities. Organizers of the project said that steep prices for commercial systems--as well as ongoing concern over potential consolidation of the market, which could lead to even higher prices for systems not specifically tailored for the higher education market--are the major factors driving the project. Kuali will be an expansion of a homegrown financial system developed by IU and currently in use at its eight campuses. The National Association of College and University Business Officers (NACUBO) will provide support and advice, though no funding, for the project. In a NACUBO survey last fall, nearly half of the respondents said open source was a viable option for financial systems. Also partnering on the project will be a company called RSmart Group. Although the software will be free to install, as with any open-source project, RSmart hopes to sell support services to colleges and universities that opt for Kuali. | | View this resource: | |
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