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Oracle Cloud HCM

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Oracle Human Capital Management Cloud is a cloud-based software application suite for global HR, talent, and workforce management released by Oracle Corporation in 2011.[1]

Oracle HCM Cloud
Developer(s)Oracle Corporation
Initial releaseOctober 2011[2]
Stable release
R13[3] / August 2017
TypeHuman Capital Management software
LicenseProprietary
Websitehttps://www.oracle.com/applications/human-capital-management/

History

Oracle HCM Cloud is a suite of cloud-based applications released as a module of Oracle Fusion applications in October 2011.[1] Oracle developed Fusion infrastructure to support its HCM (Human Capital Management) cloud application, as well as its CRM (Customer Relationship Management); Financials; Governance, Risk, and Compliance; Procurement; Project Portfolio Management; and SCM (Supply Chain Management) cloud applications.[4]

In December 2004, Oracle acquired PeopleSoft.[5] Oracle integrated intellectual property and knowledge of HR from PeopleSoft into HCM Cloud.[6]

In February 2012, Oracle acquired Taleo Corporation, integrating Taleo’s Talent Management Cloud into Oracle’s human resources management system (HRMS) application product.[7]

In February 2014, Oracle released HCM Cloud 8, which made changes to social sourcing, time and attendance, workforce modeling, performance management, and succession planning components.[8]

In August 2017, Oracle released Cloud Applications Release 13.[9] This update included changes to the user interface and new human resource learning management features. The update also included embedded, country-specific accounting functions.[9]

In October 2018, Oracle added third-party tie-ins for LinkedIn Talent Solutions and My Brand tools to HCM Cloud.[10]

See Also

References

  1. ^ a b "Oracle Fusion apps go on general release". www.zdnet.com. ZDNet.
  2. ^ "Oracle Fusion apps go on general release". www.zdnet.com. ZDNet.
  3. ^ Ferranti, Marc (2017-08-02). "Oracle refreshes entire SaaS line, aiming to fuel cloud momentum". CIO. Retrieved 2019-01-15.
  4. ^ "The evolution of Oracle Fusion Cloud Services". SearchOracle. Retrieved 2019-01-15.
  5. ^ Lohr, Steve; Flynn, Laurie J. (2004-12-14). "Oracle to Acquire PeopleSoft for $10.3 Billion, Ending Bitter Fight". The New York Times. ISSN 0362-4331. Retrieved 2019-01-15.
  6. ^ Bersin, Josh. "Oracle Gains Momentum in the HR Software Market - A Story of Patience and Focus". Forbes. Retrieved 2019-01-15.
  7. ^ "Oracle Moves Solidly Into SaaS With Taleo Acquisition". Forrester. 2012-02-09. Retrieved 2019-01-15.
  8. ^ "Product of the month: Oracle HCM Cloud 8". SearchHRSoftware. Retrieved 2019-01-15.
  9. ^ a b Ferranti, Marc (2017-08-02). "Oracle refreshes entire SaaS line, aiming to fuel cloud momentum". CIO. Retrieved 2019-01-15.
  10. ^ "Oracle debuts Subscription Management and CX Unity, updates to HCM Cloud and Data Cloud". VentureBeat. 2018-10-22. Retrieved 2019-01-15.
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