Oracle Upgrades HR Cloud Software To Battle Rivals
September 24, 2013
Grazed from InformationWeek. Author: Charles Babcock.
Oracle, under pressure from competitor Workday, announced upgrades to Oracle Human Capital Management Cloud and Oracle Talent Management Cloud at Oracle OpenWorld Monday. Workday is an eight-year-old SaaS startup that went public last October and raised $685 million. It’s using the funds to compete for new human capital management (HCM) software users and existing Oracle PeopleSoft customers. SAP, IBM and Salesforce.com are also stepping up their efforts in human capital management.
Oracle is fighting back from its position as a deeper and more fully integrated software stack. Monday, the first full day of Oracle OpenWorld in San Francisco, Oracle president Mark Hurd emphasized enhancements to the Oracle HCM products…
Hurd pointed out at an afternoon press conference that talent management isn’t such an isolated function, now that HCM Cloud and Talent Management Cloud have been more closely integrated. As the talent management system captures comments and evaluations on particular employees, that data can be added to other parts of HCM, such as succession planning and talent pool apps. The talent review dashboard has been connected to the succession planning and talent pool apps to give managers a more holistic view of position candidates…
Read more from the source @ http://www.informationweek.com/cloud-computing/software/oracle-upgrades-hr-cloud-software-to-bat/240161693