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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[1]
Stable release
R13[2] / 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.[3]

In December 2004, Oracle acquired PeopleSoft.[4] Oracle integrated intellectual property and knowledge of HR from PeopleSoft into HCM Cloud.[5]

In February 2012, Oracle acquired Taleo Corporation, integrating Taleo's Talent Management Cloud into Oracle's human resources management system (HRMS) application product.[6]

Oracle release its first version of Cloud Applications known as Fusion in July 2012 (version 5). It is said that Oracle corporation started working on Fusion applications as early as 2005.

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.[7]

In August 2017, Oracle released Cloud Applications Release 13.[2] This update included changes to the user interface and new human resource learning management features. The update also included embedded, country-specific accounting functions.[2]

In October 2018, Oracle added third-party tie-ins for LinkedIn Talent Solutions and My Brand tools to HCM Cloud.[8]

See also

References

  1. ^ a b c "Oracle Fusion apps go on general release". www.zdnet.com. ZDNet.
  2. ^ a b c Ferranti, Marc (2017-08-02). "Oracle refreshes entire SaaS line, aiming to fuel cloud momentum". CIO. Retrieved 2019-01-15.
  3. ^ "The evolution of Oracle Fusion Cloud Services". SearchOracle. Retrieved 2019-01-15.
  4. ^ 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.
  5. ^ Bersin, Josh. "Oracle Gains Momentum in the HR Software Market - A Story of Patience and Focus". Forbes. Retrieved 2019-01-15.
  6. ^ "Oracle Moves Solidly Into SaaS With Taleo Acquisition". Forrester. 2012-02-09. Retrieved 2019-01-15.
  7. ^ "Product of the month: Oracle HCM Cloud 8". SearchHRSoftware. Retrieved 2019-01-15.
  8. ^ "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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