JDE

J.D. Edwards, also called JDE, is a software company founded in March 1977 in Denver, Colorado by Jack Thompson, C.T.P."Chuck" Hintze, Dan Gregory and Ed McVaney. The company made its name building accounting software for IBM minicomputers, beginning with the System/34 and /36, focusing from the mid 1980s on System/38 minicomputers, switching to the AS/400 when it became available. Their main AS/400 offering was called JDEdwards WorldSoftware and is popularly called World. In 1996, J.D. Edwards also launched a client-server version of their software called OneWorld.

The company's official name was J.D. Edwards World Solution Company and it is located at One Technology Way, in Denver, CO 80237. JDE was bought out by PeopleSoft in 2003. PeopleSoft, in turn, was purchased by Oracle Corporation in 2005.Ed McVaney was originally trained as an engineer at the University of Nebraska. Upon finishing his MBA from Rutgers and taking a job with Western Electric in mid-1964, and working applied mathematics schemes theory McVaney first came into contact with both computers used for operations research using mathematical modeling programs.

Self-taught in machine language, but discouraged by computer and software limitations, McVaney took a position with Peat Marwick in New York City in 1964. From NYC he was transferred to Denver, Colorado in 1968. He continued with Marwick until 1970 when he took a position with Alexander Grant, which subsequently became Grant Thornton. While at Grant Thornton, McVaney met Jack Thompson who was working an IBM 1130 in Billings, Montana, and he was making $630 a month. Thompson was lured to Grant Thornton for $750 a month which brought him from Billings to Denver.

McVaney had worked closely with Thompson going back to the time they had spent as consultants at the Great Western Life Insurance Company. At that time McVaney also met Dan Gregory, a college MBA student from University of Denver. McVaney hired him out of the MBA program at Denver University. McVaney describes that time as a period in which he was developing his personal concept of integrity from a "high school level" to a much more mature business-related notion of absolute reliability. At the same time he was coming to the realization that, in his words,