For the fifth consecutive year, Oracle is positioned the
furthest to the right for completeness of vision out of 12 vendors
evaluated
AUSTIN,
Texas, Nov. 2, 2022 /PRNewswire/ -- Oracle today
announced that it has been named a Leader for the seventh
consecutive time in the 2022 Gartner® Magic Quadrant™ for Cloud HCM
Suites for 1,000+ Employee Enterprises for Oracle Fusion Cloud
Human Capital Management (HCM). The report evaluates vendors based
on ability to execute and completeness of vision. Oracle was placed
furthest to the right for completeness of vision for the fifth year
in a row. A complimentary copy of the report is available here.
According to the report, "Leaders demonstrate a market-defining
vision for how HCM technology can help HR leaders achieve business
objectives. Leaders have the ability to work toward that vision
through products and services, and have demonstrated solid business
results in the form of revenue and earnings. Leaders use
cutting-edge technologies in effective ways. In the cloud HCM suite
market, Leaders show a consistent ability to win deals. These deals
include the foundational elements of administrative HR (with many
country-specific HR localizations) and result in high attach rates
for talent management, WFM and HR service delivery capabilities.
Leaders have multiple proofs of successful global and regional
implementations by organizations of different sizes (judged by
number of employees) with workforces in multiple regions and a wide
variety of industries. Leaders are often the companies that other
providers measure themselves against."
"The way we work is changing, just as fast as employee
expectations are evolving. To keep up with this rapid pace of
change, it is essential that organizations optimize their workforce
by enhancing the employee experience," said Chris Leone, executive vice president of
development, Oracle Cloud HCM. "With Oracle Cloud HCM,
organizations can connect, personalize and automate workforce
experiences from pre-hire to retire in one unified platform. This
approach helps our customers streamline operational processes,
while enhancing employee experiences and improving the way we work.
We believe this commitment to innovation is the driving force
behind our strong customer growth and on-going industry
recognition."
The Gartner Critical Capabilities for Cloud HCM Suites for
1,000+ Employee Enterprises report also noted that Oracle
Cloud HCM placed in the highest five for all Use Cases, and
received the highest rating for core HR and talent management for
global organizations and Asia/Pacific Market Use Cases.
Oracle has recently introduced new Oracle Cloud HCM capabilities
that bolster the company's recruitment offerings by improving
organizations' ability to interact with top talent and improve the
candidate experience throughout the hiring and mobility processes,
as well as healthcare-specific HCM solutions.
Part of the Oracle Fusion Cloud Applications suite, Oracle Cloud
HCM enables HR and operational professionals to make work more
human by improving employee experience in the workplace. Oracle
provides organizations a complete solution connecting every human
resource process—including global HR, talent management, workforce
management, payroll, and HR service delivery. It's also the most
connected solution across the enterprise, with one cloud unifying
HCM and people processes across enterprise resource planning (ERP),
supply chain & manufacturing (SCM), and customer experience
(CX).
Oracle has garnered consistent industry recognition for the
Oracle Fusion Cloud Applications Suite and its support for
integrated workforce processes. Oracle was recently named a Leader
for the fourth straight year in the 2022 Gartner® Magic Quadrant
for Cloud ERP for Product-Centric Enterprises. It was also named a
Leader in the 2022 Gartner® Magic Quadrant for Cloud ERP for
Service-Centric Enterprises. Earlier this year, Oracle Cloud
HCM was named a Customers' Choice in the 2022 Gartner Peer
Insights™ 'Voice of the Customer': Cloud HCM Suites for 1,000
Employee Enterprises.
For additional information on Oracle Cloud HCM visit:
https://www.oracle.com/applications/human-capital-management/
Gartner, Magic Quadrant for Cloud HCM Suites for 1,000+
Employee Enterprises, By Sam
Grinter, Chris Pang,
Jeff Freyermuth, Ron Hanscome, Helen
Poitevin, Ranadip Chandra,
John Kostoulas, Emi Chiba, Rania
Stewart, Published 31 October
2022.
Gartner, Critical Capabilities for Cloud HCM Suites for
1,000+ Employee Enterprises, By Sam
Grinter, Chris Pang,
Jeff Freyermuth, Ron Hanscome, Helen
Poitevin, Ranadip Chandra,
John Kostoulas, Emi Chiba, Rania
Stewart, Published 31 October
2022.
Gartner Disclaimer
GARTNER and MAGIC QUADRANT
are registered trademarks and service marks of Gartner, Inc. and/or
its affiliates and are used herein with permission. All rights
reserved. Gartner does not endorse any vendor, product or service
depicted in its research publications and does not advise
technology users to select only those vendors with the highest
ratings or other designation. Gartner research publications consist
of the opinions of Gartner's research organization and
should not be construed as statements of fact. Gartner disclaims
all warranties, expressed or implied, with respect to this
research, including any warranties of merchantability or fitness
for a particular purpose.
About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL),
please visit us at oracle.com.
Trademarks
Oracle, Java, and MySQL are
registered trademarks of Oracle Corporation.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/oracle-named-a-leader-in-the-2022-gartner-magic-quadrant-for-cloud-hcm-suites-for-1-000-employee-enterprises-301666499.html
SOURCE Oracle