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David Duffield Restart 2 0 PeopleSoft founder is back in business.
Dave Duffield poses in one of the bean bag chairs set up in the game of wrestling business against the hostile takeover of his company, PeopleSoft, Dave Duffield founded a new startup in Walnut Creek with 107 employees called working day and the start ends foie his former nemesis, Oracle, Larry Ellison, selling software that allows companies to manage business tasks over the Internet instead of installing expensive programs on the computers of the business photo Michael Maloney San Francisco Chronicle Photo taken on June 8, 07 in Walnut Creek, CA Ran on 06- 17-2007 David Duffield relaxes in a chair entangled in the playroom at Workday where friendly atmosphere is a reminder of his days at PeopleSoft Ran on 17.06.2007 David Duffield relaxes in a chair in the intricate game room with Workday where friendly atmosphere is a reminder of his days at least PeopleSoft.
Dave Duffield poses in one of the bean bag chairs set up in the business game fight against the hostile takeover of his company, PeopleSoft, Dave Duffield founded a new startup in Walnut Creek with 107 others.
Dave Duffield and Aneel Bhusri left co-founder and president poses in front of the company logo in the Walnut Creek office reception room After fighting the hostile takeover of his company, PeopleSoft, Dave Duffield founded a new start Walnut Creek with 107 working day called employees and the start is fat rEFERRED his former nemesis, Larry Ellison of Oracle, selling software that allows companies to manage business tasks over the Internet instead of installing expensive programs on the computers of the company photo Michael Maloney San Francisco Chronicle photo taken Aug. 6, 07 in Walnut Creek, CA on 17.06.2007 Ran David Duffield relaxes in a chair in the intricate game room with Workday, where friendly atmosphere is a reminder of his days at PeopleSoft Ran on 17.06.2007 David Duffield relaxes in a chair in the intricate game room with Workday, which is a friendly atmosphere restoring its days PeopleSoft less.
Dave Duffield and Aneel Bhusri left co-founder and president poses in front of the company logo in the Walnut Creek office reception room After fighting the hostile takeover of his company, more.
Duffield rose to prominence PeopleSoft Inc. In building a power plant software - famous for its rare combination of competitiveness and pleasant Culture - but lost control of his company to nemesis Larry Ellison CEO of Oracle Corp. In 2004 after a 18-month hostile -takeover battle.
Now, at 66, Duffield is back in business this time he's making a bold attempt to challenge the giants Oracle and SAP AG industry with a software application that allows customers to manage tasks via the Internet instead installing expensive programs on company computers in an interesting twist, it means taking on former PeopleSoft and Oracle products still selling support.
Workday, her 2 year venture in Walnut Creek, faces significant challenges in a brutally competitive and crowded market dominated by industry leaders and full start-up promises But no discounting the possibility that this legend billionaire software could remove it is one of the most popular patterns in the bay area of the story, so it's been no problem assembling the best talent, he has a lot of his own money to feed Workday and with his fifth start, he holds the record track to chat, even the greatest risk -averse companies.
There aren t many people who dream of building a set of applications to finally compete with SAP and Oracle said Bruce Richardson research director at AMR Research But part of the attraction for customers is that it is a new way of doing things, and it's Dave.
It's like your band or favorite baseball team has its best players back for a chance to start Most teams ever this Dave opportunity provides people with the dream to do a second time, the question is do they do it.
Analysts say the best time t couldn Duffield He enters the software sector as companies, frustrated by years of wrangling with complex and expensive products, have started looking for an easier way to automate young companies pioneering such as NetSuite and RightNow technologies are encouraging businesses to migrate to online software approach has gained popularity over the past eight years since former Oracle executive Marc Benioff launched a subscription service that allows companies to manage sales leads on the Web.
But analysts say Workday is still a big Gambit chief among the challenges facing challenges Workday Big companies do not want the software they can customize t in any way they want these companies may be reluctant to entrust their data the more sensitive to any person regardless of the safety precautions.
Neither SAP nor Oracle Comment Workday But at a news conference in Palo Alto in early, CEO of SAP Henning Kagermann said that if his company develops online software, it won t be the ultimate answer for everyone.
Duffield is Kagermann bet first 12 customers Duffield evil are small and medium enterprises, but its long-term ambition is to attract large companies that typically invest tens of millions in Oracle and SAP software He hopes to do offering a product with an easier and less expensive use, much quicker to launch, and offers more features for Workday products have the appearance of a website and help them get in shape are its first customers - as Tom McElroy director of human resources services for Covad Communications, a broadband company 900 employees in San Jose.
For its not directly in the business world McElroys, Duffield of Workday executives and clients on a road show of a week, hitting five cities, with the last stage in San Francisco, I wanted to make this personal, and explain why we this, Duffield said 75 potential customers that personal touch is vintage Duffield, who inspired much loyalty PeopleSoft customers as it did in PeopleSoft employees know Duffield has two titles on his business card and CEO chief counsel to clients.
Customers are your best sellers, he said service levels give you a customer, especially in the formative years, the more likely that you keep and sell more business.
This is the kind of message that resonates with McElroy, who joined in Duffield road show in San Francisco will revolutionize how Workday Covad does business, McElroy said he's fun to be a part of the revolution.
If its good faith revolution, it is his debut Dave loves this industry and it clearly leads the analyst said Citi Investment Research Brent Thill Ultimately, it will make a major mark on the industry as it has done in the past, but it still early.
Ironically, Duffield wouldn t be another turn to take the wheel of innovation in Silicon Valley were it not Ellison of Oracle.
In 1987, Duffield, a former IBM executive, decided to mortgage his home to raise money to start PeopleSoft He was expecting that there was a gold mine in the upcoming change to mainframe computers network and the growing demand for products to automate back office functions to companies, human resources to accounting.
He was right in 1989, as the trend began sweeping corporate America, PeopleSoft delivered its first product and a corporate culture that would bind and customers of PeopleSoft members of the mission staff.
In 1999, as PeopleSoft stumbled in tough economic times, Duffield operated a technology framework veteran Craig Conway to support Aneel Bhusri, once the heir apparent of Duffield, remained on the board but left for PeopleSoft pursue a career in venture capital.
Then, Oracle launched a hostile takeover surprise In November 2004, the Board of Directors of PeopleSoft has lost confidence in Conway and Duffield fire emerged from retirement to join forces with Bhusri in an effort doomed to save PeopleSoft currently, PeopleSoft 3 billion in annual revenue and 13,000 employees Bhusri a phone call Dec. 10, 2004, broke the bad news After a 18-month standoff, the Board of Directors of PeopleSoft voted to accept a redemption of 10 3 billion a moment Duffield said that the single most painful of his life.
The tough battle suddenly Duffield promised 10 million to help the employees of PeopleSoft licensees in the takeover and retired to his home Tahoe, where he turned his attention to support worthy causes and take care of her six children adopted But he soon discovered that he did not settle back into the placid landscape now.
Going back to PeopleSoft few months after a gap of five years got business juices flowing again, Duffield said.
He and Bhusri, a partner with the firm Greylock Partners venture began discussing the potential of online software to transform the enterprise software market end of January 2005 they met for breakfast at the restaurant and decided Truckee to form a start-up.
We had all the ingredients for a potential success, Duffield said the market was born we had the technology we had the crème de la crop of talent that we have had a good reputation right of the door, we felt we would be stupid not to try.
Greylock Partners leaped at the opportunity to invest in the second act of Duffield, Workday and as former member of the PeopleSoft board Skip Battle Together they have injected 35 million workday workday also recruited a key adviser Silicon Valley wunderkind Marc Andreessen co-founded Netscape triggered the Internet revolution with the first web browser.
A revitalized Duffield plunged into commissioning with the boundless energy of its end schnauzer Maddie, which prompted him to establish a foundation to end the euthanasia of stray dogs and cats.
Dave and Aneel did not return because of the nostalgia, the battle said it is not like attending a Chubby Checker concert which is not very good, but makes you amazed that the guy can do it all is the real deal.
Workday drew attention almost from the start that rumors are robbed after buying PeopleSoft Duffield who could strike again.
Duffield and Bhusri have a good important starting by buying the former PeopleSoft and John Malatesta with Jim Hopp, Net-YourWork, which focused on the Web easy to use software for midsize companies.
Petros Dermetzis, workday vice president of development and its fifth employee, created a website, Dave's Next Move, to recruit developers and soon was flooded with CVs capitalists and venture journalists began beating at the door of the startups that didn t even have a name, much less a sign.
Now workday has 107 employees spread across one floor in a skyscraper downtown, 50 have been hired over the past four months, they all came to work for Duffield, who in a business dominated by grandiloquent personalities, distinguished himself with his unpretentious manner and disarming sense of humor.
Both were in full-screen on a warm evening in May when Duffield chaired a spirited quarterly meeting with his longtime friend and business partner Bhusri Together, the working time of the co-founders drew the crowd.
In typical fashion presentation has spent much time skewering German giant SAP as he did celebrate the achievements of the first 100 Workday employees.
A highlight was a photograph of 18 months old Leni, Workbaby No. 1, sitting on the lap of Duffield Leni grows with Workday She attended the first CompanyWide meeting in October 2005, when she was barely seven days his parents, employees Workday Ralf Schroeder and Laura, are the second time to invest their careers in Duffield, the father figure affectionately known by his initials DAD the Schroeders met at PeopleSoft, where their first daughter, Clara - PeopleBaby No. 2467 - was born on 3 1 2 years ago.
In blue jeans and a denim shirt Duffield energetically presented plaques listing the names of all the first 100 employees Workday He showed off his trademark humor as he recognized employees with outstanding contribution award Receptionist Betty Landes took home a brilliant thick catalog of all charges Duffield benefits obtained with its large platinum status travelers.
Duffield delivered his zingers for employee No. 100 Jeff Pulver PeopleSoft alum who, among other missions served time in Siebel system of trenches and swinging rough before joining Workday as vice president of marketing and business development 2 two of the 5 main reasons Workday hired Pulver extraordinary opportunity to leverage its experience in the construction of pleasure, culture and fun company Siebel.
So Pulver and son Mike Duffield, vice president of sales, the house down with their creative parodies of popular TV commercials from Apple that Mac contrast hipster nerd with a PC In their version, Mike Duffield plays one day kind of work, agile Pulver s indigestible jargon bloated ERP industry for planning of enterprise resources, the kind of business software on which PeopleSoft and SAP and Oracle competitors built their fortune.
Employees roared their appreciation when Pulver Equipped with a combination of fat, and hulls hollers I have fallen and I can not get up good heart Duffield joined in.
There will be naysayers who say I'm too old or I'm shooting for something I'll never be able to achieve, he said, but the industry needs.
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