But lately, Natraj has also noticed that the slack tech market is slowly making a comeback. Natraj isn't just full of wishful thinking. PeopleSoft officials credit the successful quarter to sharp demand for its collaborative enterprise applications namely, customer relationship management software which alone posted a 70 percent increase in licensing revenue. Founded in March 1999, privately held eForce pieces together enterprisewide software packages, such as customer relationship management software, from vendors Epiphany, Ariba, BEA, Oracle, Sun Microsystems and others, to create an e-business strategy.
Customers choose software to improve performance of online purchasing and selling.
EForce also enjoyed a pretty good start this year. It's quite a feat, given the tight venture capital market. Ninety percent of its customers are Global 1000 companies, while only 10 percent are new economy firms, a complete reversal from the year prior. We don't want to be reliant on dot-coms. These might include up to 600 percent increases in load capacity, and decreases in response time of up to 40 seconds.