SOURCE: Oracle Corporation

Oracle Corporation

September 19, 2013 08:00 ET

Oracle Fusion HCM Receives Ventana Research Technology Innovation Award

Industry Analyst Firm Recognizes Oracle for Business Innovation in Human Capital Management

REDWOOD SHORES, CA--(Marketwired - Sep 19, 2013) - Oracle (NYSE: ORCL)

News Summary
Business technology research and advisory services firm Ventana Research awarded Oracle Fusion HCM with the 2013 Technology Innovation Award for Business Innovation in the category of Human Capital Management (HCM).

News Facts

  • Oracle has received a 2013 Technology Innovation Award for Business Innovation in the category of Human Capital Management (HCM) from business technology research and advisory services firm Ventana Research.
  • The Ventana Research award distinguishes Oracle as a leader in business innovation for Oracle Fusion Human Capital Management (HCM), recognizing the company as a pioneer that has "developed clear visionary and transformative technology."
  • From recruiting and managing talent to accurately forecasting future workforce needs, Oracle Fusion Human Capital Management enables organizations to proactively manage HR operations while focusing on strategic business initiatives.
  • Oracle is focused on helping HR professionals, HR IT professionals and senior executives derive the most from their talent through HR technology. Oracle Fusion HCM is designed to:
    • Deliver truly global, centralized HCM for organizations of all sizes.
    • Power the foundation for stronger performance, recruiting and learning
    • Drive user productivity, support global adoption and deliver advanced Big Data insights.
  • The annual Technology Innovation Awards showcase what technology vendors have done to advance the computing potential of their applications and technology so that it can be used to drive better efficiency and productivity as well as the outcomes and performance of an organization. They are delivered by the Ventana Research team, which through its benchmark research, on-demand advisory and education services, continues to pioneer new methods for organizations to become efficient and effective in their business.
  • The Technology Innovation Awards are awarded in four categories spanning Business Technology, Business, Operational and IT. Companies were evaluated on a scoring process and methodology that assessed the impact of the nominated company on each of the specific categories.

Supporting Quotes

  • "Oracle is building solutions to help create the next generation of great companies and leaders. We have taken a consumer-oriented approach to designing Oracle HCM Cloud with embedded social and mobile functionality to create more engaged, productive and committed teams, as well as built-in innovations like predictive and analytical capabilities to help managers incent and retain their most important talent," said Chris Leone, senior vice president, Oracle Applications Development. "This award reflects Oracle's commitment to delivering cutting-edge technology innovations that help HR leaders and practitioners play a more strategic role in their businesses and organizations."
  • "Companies that view and assess the end-to-end HR lifecycle in the context of their larger business operations can take a more strategic approach to HCM. The advantages of a comprehensive, enterprise-wide HCM helps to streamline processes and more importantly, helps organization to realize value from every employee," said Mark Smith, CEO and chief research officer, Ventana Research. "Congratulations to Oracle for receiving the 2013 Technology Innovation Award in Human Capital Management. Oracle Fusion HCM has innovated HCM with its mobile and social collaboration advancements and with its cloud computing and business analytics capabilities. The solution truly helps HR to be effective in its responsibilities across the organization."

Supporting Resources

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