PeopleSoft Inc. rang in the new year by releasing an array of promised employee-management applications, including a number of new modules in its Human Resources Management (HRMS) suite. Now available are PeopleSoft ePerformance, a tool for tracking employees’ progress in meeting established goals; PeopleSoft HelpDesk for Human Resources, intended to aid in resolving HR issues, and PeopleSoft Mobile Time Management, a timesheet application tailored for remote use. PeopleSoft’s HRMS portfolio is a subset of its broadening Human Capital Management product line. That line includes two new products, PeopleSoft’s Enterprise Learning Management training-tracking software and Sales Incentive Management application.

Finjan acquires assets of Alchemedia

Finjan Software Ltd. has acquired the assets and intellectual property of Alchemedia Technologies, a provider of digital rights management software. Included is Mirage Enterprise 3.1, Alchemedia’s product that lets users view and collaborate on documents while preventing the data included in the documents from further distribution. Finjan said this month that the acquisition of privately held Alchemedia for an undisclosed price gives Finjan a technology that complements the watermarking technologies used in Finjan’s SurfinGate 7.0 mail-based content security software and will be integrated into future products.

Spending to rise four per cent

Worldwide IT spending will grow four per cent in 2003, rebounding from growth of just one per cent in 2002, according to research released this month by market analysis company Aberdeen Group Inc. This level of growth will continue through 2006, with little chance of a return to the double-figure percentage growth rates of the late ’90s, the company said in its report. At the moment, there are no compelling reasons for user organizations to spend heavily on technology – whether on new technology or on upgrades to existing technology – to bring back those earlier high growth rates, Aberdeen said.