Hi Guyz...peopletool new version 8.55 has been released with advanced and enhaced features with more flexiblity from  UI and Fluid structures.It also includes Peoplesoft cloud architecture .

 PeopleSoft Cloud Architecture (PCA) is a set of features and products that will enable PeopleSoft customers to experience the benefits of software deployment on cloud - rapid provisioning (including cloning), automated patching, dynamic scaling to name a few - regardless of underlying infrastructure. These capabilities will improve the deployment and lifecycle management of PeopleSoft environments, regardless of whether customers are running in a public, private, or hybrid cloud, as well as traditional on-premise installation.

How this PCA will be Delivered??

PCA is available starting with PeopleTools 8.55 and the introduction of the new Deployment Framework. This new delivery mechanism will be provided for PeopleTools using Linux and Windows operating systems. PT 8.55 utilizes Deployment Packages which contain all the software created by PeopleSoft as well as the required components pre-installed and fully patched, along with a deployment and configuration automation system.
In addition, all Update Images delivered after 8.55 will also take advantage of the Deployment Framework, and will be comprised of Deployment Packages

Unlike the patches of PeopleTools 8.54 and previous releases, PT 8.55 patches delivered with DPKs provide a fully installable media, meaning a complete set of binaries, including PeopleTools code and required components such as Tuxedo and WebLogic that are fully patched. You don’t need to find and manually download the required components, patch them, and then apply a PeopleTools patch, too. All the components you need (Tuxedo, WebLogic, SES, etc) are automatically installed using DPKs, including the PeopleTools patches. There is no need for checking versions, obtaining multiple patches for various components or downloading components from different places….it’s all there for you in one convenient and automated fashion.