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What’s new from Oracle CloudWorld?

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With the HR Know-how Convention behind us, I can make the most of the little little bit of a break we soak up convention planning to test in with a few of the necessary, progressive HR expertise resolution suppliers, as a lot of them maintain occasions of their very own within the fall. Not too long ago, I attended Oracle’s CloudWorld occasion, the corporate’s annual person convention that, fairly frankly, is huge in dimension and scope. With such a wide selection of Oracle services—starting from core IT cloud infrastructure options to {hardware} and software program options to what’s prone to be probably the most full vary of enterprise cloud functions—CloudWorld may be an amazing expertise.

Luckily, the staff at CloudWorld made some extent to dedicate a good portion of session time to HCM expertise and offered some well timed and attention-grabbing updates on Oracle’s HCM progress, a number of buyer case research and their go-forward plans. As one of many largest, and most influential, HCM suppliers, it’s necessary for HR leaders, notably at very massive organizations, to maintain up to date on suppliers like Oracle, as they’re one of many only a few HCM expertise options that may scale to a whole lot of hundreds of world customers. Listed below are some fast observations on Oracle HCM gained from a number of days at CloudWorld.

Recruiting resolution progress and highlights

At CloudWorld, Oracle introduced some necessary enhancements to the Cloud HCM suite, most notably a number of new capabilities added to the Oracle Recruiting Cloud software, grouped underneath the title of the Recruiting Booster. These capabilities embody:

Hiring occasion promotion and administration: the aptitude to create and promote hiring occasions like job festivals or on-site faculty recruiting occasions on the corporate profession website and arrange candidate registration pages and screening questionnaires

Two-way messaging: gives the flexibility for recruiters to speak with candidates utilizing textual content and e-mail instantly by means of the Oracle Recruiting software and maintain a log of those communications and interactions

Enhanced candidate experiences: enhancements to Oracle’s AI-powered chatbot, the Oracle Digital Assistant, to permit candidates to find and apply for jobs, full screening and reply to surveys

Streamlined interview scheduling: enhances and automates the interview-booking course of to set conferences sooner and scale back the back-and-forth communication generally required when scheduling. Plus, Oracle Recruiting Cloud now routinely identifies excellent instances for interviews that align with the hiring staff’s availability and shares these timeslots with candidates for his or her choice.

All these capabilities serve to develop the recruiting course of areas which might be coated by Oracle Recruiting Cloud, making the Oracle resolution, notably, extra complete. And, in keeping with feedback from Oracle product leaders, it’ll allow prospects to retire sure third-party options which might be typically acquired to spherical out beforehand unavailable capabilities within the Oracle platform.



Buyer success tales

If there was one aspect that was emphasised greater than others all through the CloudWorld occasion, it will be the quite a few examples of buyer success with the Oracle Cloud HCM suite. In the course of the occasion, I frolicked with a number of prospects that had been made obtainable to debate their experiences with each the options themselves and the broader concepts round HR and digital transformation that usually accompany massive enterprise methods tasks. Maybe surprisingly, lots of the prospects described navigating by means of these HR transformation tasks, and the implementation of recent HR applied sciences, throughout and all through the pandemic disaster, when disruptions of other forms introduced important challenges to the group.

The flexibility for patrons to undertake enterprise and HR expertise transformation tasks in the course of the worldwide pandemic speaks to how fashionable HCM applied sciences—deployed within the cloud, configurable to fulfill prospects’ wants with out (usually) having to be custom-made, accessible on cell units and constructed with a consumer-grade, easy-to-use person expertise—may be carried out efficiently in much less time, with decrease prices and with higher worker adoption than ever earlier than in HCM expertise. One noteworthy instance is London Heathrow Airport. Regardless of being a big, advanced group in one of many pandemic’s most closely impacted industries, Heathrow was in a position to shortly restart its paused transformation challenge when it turned obvious that, if its methods and processes weren’t modernized and prepared, they might not have the ability to meet the anticipated surge in journey demand when the pandemic-related journey restrictions eased. The challenge groups had been in the end in a position to go stay with Oracle Cloud HCM and Oracle Cloud ERP in 2021, making this challenge a exceptional achievement and a press release of how HCM expertise may be leveraged as a strategic part of a company’s digital transformation.

Takeaways for HR leaders

Buyer conferences and occasions are designed to have fun buyer success and place the expertise resolution supplier in a optimistic mild. Whereas Oracle CloudWorld did accomplish these goals, the content material shared and the conversations I had throughout the occasion revealed some necessary takeaways for HR leaders, notably in bigger enterprises. Particularly, Oracle HCM has come a remarkably great distance in a comparatively brief time period (together with by means of the pandemic), growing what is probably going probably the most complete suite of HCM expertise functions and capabilities delivered in a single, unified platform. When organizations consolidate HCM options and scale back the variety of third-party options, they will decrease the fee and complexity of the HCM expertise footprint. As well as, this shift normally leads to extra knowledge consistency, safety, usability and general ease of use (and elevated adoption). Each extra HCM expertise resolution a company provides to its platform will increase price, complexity and danger, so I’ve all the time advocated for HCM expertise methods that make use of as few particular person and disparate methods as attainable. By persevering with to build-out new capabilities onto Oracle Cloud HCM, Oracle is making it attainable for organizations to enormously scale back the variety of methods and suppliers wanted by a company to own a totally succesful, strong and fashionable HCM cloud resolution.

Lastly, I’ll give a nod to the re-design and new feel and appear of the Oracle Cloud HCM software program demonstrated at CloudWorld. Longtime observers and customers of legacy Oracle merchandise could be happy to see simply how fashionable the brand new Oracle Purposes look and the way intuitive and usable they’ve turn out to be. Actually, not solely has the Oracle Cloud HCM resolution received awards for its performance and capabilities (together with a 2022 High Product Award from Human Useful resource Government), however the design system itself has additionally been acknowledged for achievement and innovation. My takeaway for HR leaders who maybe had used or seen Oracle functions previously, however haven’t been uncovered to the brand new designs, is to spend a while getting re-acquainted with what Oracle HCM has been doing over the past a number of years. I’m certain you may be pleasantly shocked by simply how far the suite has progressed.

From the updates shared at CloudWorld, it’s clear that the Oracle HCM staff has continued to make important progress in enhancing resolution capabilities, increasing the appliance suite to extend useful space protection, including a whole lot of recent prospects (with thousands and thousands of staff), and charting an aggressive course for future enhancements and innovation.

It was enjoyable and enlightening to spend a number of days taking a deep dive into Oracle HCM and passing alongside some observations to you. I stay up for sharing extra suggestions on different necessary HCM expertise resolution suppliers within the coming months.



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