Oracle has updated Oracle Human Capital Management Cloud (Oracle HCM Cloud) to enable organizations find and retain the talent and increase global agility.
The solutions like work-life, workforce optimization, position management, performance management, and robust analytics support global and digital workforce.
The updated Oracle HCM Cloud allows Oracle to help organizations embrace modern HR and delivers an enhanced user experience.
The company said chief human resources officers and line of business leadership have the answers to business questions like evaluation of key skill gaps due to retirement projections and assessment of training and development programs against actual business results with the help of enhanced analytics capabilities.
Additionally, HR related data can be combined from multiple data sources into a comprehensive view and can be shared across the company for coordinated workforce assessment and planning.
Company officials said organizations has also increased operational efficiencies with the new release of Oracle HCM Cloud which allows HO executive to give employee feedback more quickly and effectively.
“With this new feature, we will be able to minimize data integrity and management with position synchronization, position controls as well as the ability to develop and apply organizational models,” said Joël Günter, manager, HRMS, FRHI Hotels & Resorts.
“The latest release of Oracle HCM Cloud is specifically designed to help global organizations embrace modern HR and includes a number of exciting new innovations, particularly in the work-life space, that will help our customers drive positive business outcomes across the enterprise,” said Chris Leone, senior vice president, Applications Development, Oracle.
Few days ago, Oracle launched Oracle VM VirtualBox 5.0, free and open source, cross-platform virtualization software, to enable organizations and developers easily and flexibly create and deploy on premises and cloud applications.