PeopleSoft Inc. announced a new portfolio of application hosting and management services for PeopleSoft Enterprise, PeopleSoft EnterpriseOne and PeopleSoft World customers. PeopleSoft Hosting offers industry-leading levels of availability and service for mission-critical systems to enable companies to better deploy internal resources and focus on core business issues. PeopleSoft now offers three levels of service, enabling its software customers to select the solution that best suits the needs of their organizations.

"Application hosting has evolved from the domain of early adopters into a mainstream strategy for companies looking to focus on innovation and offload day-to-day software application management," said Amy Mizoras Konary, program manager for software pricing, licensing and delivery at IDC. "Companies need to optimize IT staff around critical business activities. A vendor that can provide reliable services and single-source accountability can help maximize the potential benefits of hosting, including cost savings and risk reduction."

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