This year Oracle OpenWorld conference opened with a fiery speech by Larry Ellison, who has stepped down from his role as CEO to become Executive Chairman and CTO. Filling his rhetoric with claims of market leadership and attacks on competitors SAP and Workday, Ellison set an aggressive tone for those who followed him. In a talk relevant to my research practice, Chris Leone, senior vice president of applications development, asserted that Oracle is making progress in human capital management (HCM) as it enters the fourth year of offering the Human Capital Management Cloud. Leone asserted that Oracle now has 13,500 overall HCM customers, roughly half those being global customers, which is significant as Oracle touts its global capabilities as a differentiator. He provided statistics on growth of the cloud products; one was that over the past year Oracle has gained over 1,000 new talent management customers for its Cloud HCM business.
Topics: Analytics, Business Collaboration, Cloud Computing, Collaboration, Core HR, Employee Engagement, HCM, HRMS, Human Capital Analytics, Human Capital Management, Mobile, Mobility, Oracle, PaaS, Platform as a service, Social, Social Media, Talent Management, TM, Wellness
ADP recently held its annual analyst day in the company’s new innovation center in the Chelsea district of Manhattan. The location emphasized what ADP wanted to get across to the analyst community at the event: that it intends to become a significant vendor of human capital management (HCM) software based in the cloud. ADP hopes to broaden its business from being largely an outsourcing vendor of payroll and related services (such as for auto dealers) to one that provides software for a range of HCM activities.
Topics: Analytics, Big Data, Business Analytics, Business Collaboration, Business Intelligence, Cloud Computing, compliance, HCM, Healthcare Compliance, HR, HRMS, Human Capital Management, Mobile, Mobility, Predictive, Social Media, Workforce Performance, Office of Finance
Now available from Ventana Research is our Value Index on Total Compensation Management for 2014. Total compensation management directly addresses one of an organization’s largest investments – employee pay. As such it is a critical activity for supporting other human capital management and talent management processes.
Topics: Analytics, beqom, Business Analytics, Business Collaboration, Cloud Computing, Decusoft, Financial Performance, IBM, Kenexa, Mobility, Oracle, Pay for Performance, Peoplefluent, SAP, SuccessFactors, SumTotal Systems, TCM, Towers Watson, Value Index, Workforce Performance, Human Capital Management, Compensation
Ventana Research recently released our Value Index on Workforce Management for 2014. We define workforce management as the set of processes by which organizations manage their hourly and salaried employees to maximize productivity. It involves not only tracking time worked and providing compensation for it but also aligning that work to the objectives of the organization and to the individual employee’s needs. Our Value Indexes are informed by more than a decade of analysis of how well technology suppliers and their products satisfy specific business and IT needs. For each we perform a detailed evaluation of product functionality and suitability to task in five categories as well as of the effectiveness of vendor support for the buying process and customer assurance. In this case the resulting index gauges the value offered by each vendor and its products in supporting workforce management, which is necessary for running an organization efficiently and effectively.
Topics: Analytics, Business Analytics, Business Collaboration, Business Intelligence, Business Performance, Ceridian, Cloud Computing, Customer & Contact Center, Empower, Infor, Kronos, Mobility, Operational Performance, Oracle, Sales Performance, SAP, Social Media, SumTotal Systems, Value Index, WFM, Workforce Management, Workforce Performance, Workplace, Human Capital Management
Adoption of workforce analytics is increasing as organizations seek to recruit and retain employees more effectively and ensure that their people deliver the productivity they expect. According to our benchmark research on the topic, 89 percent of organizations want to make it simpler to provide workforce analytics, which is not surprising as our analysis shows that only 12 percent of organizations have reached the highest level of maturity here.
Topics: Business Analytics, Business Collaboration, Business Mobility, Business Performance, Cloud Computing, Financial Performance, Governance, Risk & Compliance (GRC), HR, HRMS, Human Capital Management, Kronos, MicroStrategy, Mobility, Research, Talent Management, Workforce Analytics, Workforce Performance