PeopleTools
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PeopleTools is the propriatary software development environment that was created by the PeopleSoft Corporation.
Since Oracle acquired PeopleSoft, Oracle has significantly increased it's development of the PeopleSoft tools with Version 8.48 as the current "latest and greatest" version of PeopleTools.
At Oracle's most recent 2006 trade show convention in October, Oracle stated that PeopleTools V8.48 has more man hours of development than any other version of PeopleTools ever released.
In spite of this recent effort of PeopleTools development, the future of PeopleTools is certainly in doubt as Oracle has also explicitly stated that Oracle's jDeveloper software development environment is where the future of PeopleSoft development will reside.