Workforce Predictions – Nice Mention by Josh Bersin

The second elephant now in this market is Oracle.  With thousands of customers running various versions of Peoplesoft and Oracle e-Business Suite, Oracle knows that the Fusion HCM has a big opportunity.  I had the opportunity to attend a strategic briefing with Oracle and customers and Fusion HCM is finally here.

Just so you have a little background, Fusion started in 2004 as a middleware engineering effort to help Oracle integrate its wide variety of application products (PeopleSoft, JD Edwards, Siebel, Oracle, ..) into a next generation applications platform.  The middleware architecture includes a variety of services (data services, authentication, identity management, security, content management, data intelligence, etc.) which enable the Fusion HCM applications to interoperate with any PeopleSoft or Oracle system.  What this means is that you do not have to replace your existing PeopleSoft or Oracle applications to use Fusion HCM.

I talked with Principal Financial Group who is an early customer (existing PeopleSoft customer) and they are using Fusion HCM's compensation module alongside their existing PeopleSoft system.

Fusion HCM has some best-of-breed capabilities.  One key feature is what Oracle calls the "Workforce Predictions" module, which computes the risk attributes of employees based on tenure, performance, role, compa ratio, etc.  Oracle worked with Saratoga and other HR data experts to build this module - and it will grow in power as more people use the system.

While Oracle's products are not always the easiest to use, Fusion HCM is now a complete product and can be adopted without a massive replacement of existing HRMS investments.  This will make Oracle's offering more compelling than ever and the company has made a major investment in sales and marketing to help drive this message forward.

Full article is her...http://joshbersin.com/2011/10/10/elephants-of-hr-software-enter-the-talent-management-market/

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