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Oracle Reigns for 8th Year in Gartner’s Cloud HCM Quadrant; Leads in Vision for Six Years

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In a recent announcement, Oracle proudly declared its eighth consecutive recognition as a Leader in the 2023 Gartner Magic Quadrant for Cloud HCM Suites designed for organizations with 1,000 or more employees. Additionally, Oracle secured the highest rating for Completeness of Vision for the sixth consecutive year. This achievement highlights Oracle’s continued commitment to delivering innovative solutions that empower HR leaders to adapt to a rapidly changing business landscape.

Oracle’s Cloud Human Capital Management (HCM) suite is built on AI and is natively integrated into Oracle’s secure cloud infrastructure. It serves organizations across diverse industries worldwide by unifying workforce data, streamlining HR processes, enhancing employee experiences, and optimizing work processes.

Oracle Cloud HCM is at the forefront of the market with the rapid integration of generative AI solutions. These solutions aid in key areas like goal creation, performance summaries, and automated job descriptions. Oracle has plans to introduce hundreds of new use cases in the future.

Oracle ME, an employee experience platform within Oracle Cloud HCM, is designed to boost employee engagement and success. It comprises Oracle Grow, an AI-powered tool for learning, skills development, and career mobility, and Oracle Celebrate, an innovative recognition and rewards offering. This platform streamlines communication, guides employees, and fosters a supportive work environment.

Oracle recently introduced Workforce Scheduling and Workforce Labor Optimization capabilities in Oracle Cloud HCM. These features help organizations balance business requirements, compliance, and employee experiences by integrating data from across the organization. It enables the reduction of labor costs and efficient automation of shift scheduling.

Oracle introduced Oracle HCM Now, a prescriptive yet flexible approach for mid-size enterprises to embrace Oracle Cloud HCM. This approach allows mid-size businesses to swiftly access essential capabilities while reducing implementation costs and complexity.

Gartner’s Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises report noted Oracle Cloud HCM’s high scores in Core HR, Global Organization, and Asia/Pacific Market use cases.

As part of the Oracle Fusion Cloud Applications Suite, Oracle Cloud HCM enables organizations to leverage the cloud to break down silos, standardize processes, and manage financial, HR, supply chain, and customer experience data on a single, integrated cloud platform. Oracle’s commitment to customer success, innovation, and adaptability is evident in its eighth consecutive recognition as a Leader in the Gartner Magic Quadrant for Cloud HCM Suites.

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