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Oracle has a new price model it plans on implementing for the recently acquired PeopleSoft. This could indicate a price drop is coming for user of PeopleSoft products.

According to ComputerWorld.com,

"The new pricing model is to be offered in addition to the existing PeopleSoft model and will be similar to the Oracle E-Business Suite pricing scheme, according to Jacqueline Woods, vice president for global pricing and licensing strategy at Oracle.

Oracle's E-Business Suite is priced per named user, and the company publishes pricing and licensing details on its Web site. By contrast, there are no published prices for PeopleSoft products. Instead, pricing is calculated per customer based on a set of variables including customer revenue, number of employees and industry, in a system PeopleSoft called value-based pricing. But keeping with Oracle's policy of offering clear prices, Woods is working to simplify the PeopleSoft pricing model."

There has been no announcement concerning when the new prices would be available to consumers.

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