AUSTIN, Texas, Oct. 22, 2021 /PRNewswire/ -- Oracle today
announced that it has been named a Leader for the sixth successive
year in the 2021 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
fourth year in a row.
According to the report, "As organizations support workforces
with ever-increasing expectations for connectivity, many in-person
conversations with HR administrators have been replaced by
interactions with applications. This shift to digital HR
administration increases the need for a compelling and personalized
UX, as applications become the "face" of HR departments."
"We believe this year's report validates once more our
relentless focus on improving employee experience for our customers
around the world. Our scores across the board show that we offer
one of the most complete HCM solutions in the market, with a deep
breadth of global capabilities to support our clients worldwide,"
said Chris Leone, senior vice
president of development, Oracle Cloud HCM. "Over the course of the
Covid-19 pandemic, companies have had to navigate constantly
shifting environments, such as changing guidance on when it is safe
to return to the workplace, tackling the Great Resignation's mass
exodus, and responding to employees' new priorities. Our solutions
help HR and business leaders to understand and support their
organizations no matter what challenges come their way. We are
especially proud of the additional recognition around our user
experience as we continue to innovate with new capabilities to
provide the personalized guidance and development that today's
workforce demands, such as Journeys and Dynamic Skills."
The Gartner Critical Capabilities for Cloud HCM Suites for
1,000+ Employee Enterprises report also noted that Oracle received
the highest score for Core HR and TM (Global Organization) and
Asia/Pacific Market among 6 use cases.
Since the development of the report, Oracle has introduced new
Oracle Cloud HCM innovations, including the introduction of Oracle
Payroll Core, a flexible payroll management solution that enables
organizations to easily configure payroll to meet both local and
international pay rules in a single system. Oracle Payroll Core is
the latest addition to the comprehensive payroll capabilities
within Oracle Cloud HCM that support diverse requirements across
organizations, workers, and industries to provide efficient,
compliant, and configurable global payroll solutions.
Part of the Oracle Fusion Cloud Applications suite, Oracle Cloud
HCM enables HR 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 across finance, supply chain, and customer experience.
You can read a complimentary copy of the report at:
https://www.oracle.com/human-capital-management/gartner-magic-quadrant/
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, Published
19 October 2021.
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, Published
21 October 2021.
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reserved. Gartner does not endorse any vendor, product or service
depicted in its research publications and does not advise
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ratings or other designation. Gartner research publications consist
of the opinions of Gartner's research organization and should not
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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.
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SOURCE Oracle