Oracle recently announced the breakthrough release of its Oracle Exalytics In-Memory Machine. Described as the industry’s first high-speed engineered system of its kind featuring in-memory business intelligence software and hardware, Oracle Exalytics supplies customers with unparalleled results when it comes to analytic and performance management applications.
Oracle’s competition with rival SAP shows zero signs of cooling down. In fact, you could say it’s just beginning to heat up, as Oracle recently announced plans to purchase human capital management (HCM) vendor Taleo for $1.9 billion after SAP purchased the similar SuccessFactors for $3.4 billion. With the significant acquisition in its corner, Oracle’s executives described their future plans for Taleo’s integration during a recent webcast event. The event came just a couple days after SAP’s plans were revealed and showcased a general outline of what Oracle hopes to do in the HCM market.
The Taleo acquisition promises to give Oracle a boost in many ways. To start, Taleo’s applications in the realms of recruiting and employee onboarding offer Oracle some nice extras that reside on the fringes of HCM. Oracle’s presence in the cloud software market will increase, and Taleo’s staff will instantly add a wealth of experience when it comes to running a software-as-a-service (SaaS) business. Mark Hurd, co-president of Oracle, said Taleo’s software integrates perfectly with Oracle’s Fusion HCM cloud application, and that once the acquisition becomes official, Oracle will be able to stake claim to having “the most comprehensive set of enterprise cloud offerings in the world.”
Thomas Kurian, Oracle’s executive vice president of product development, said the company plans to offer a comprehensive suite of human resources applications that comes equipped with embedded business intelligence, as well as mobile and social networking capabilities. “We feel we'll allow organisations to find the best people, have lower turnover and have the best results,” he added.
Kurian also noted that the Oracle’s customers will benefit from the ability to “plan, predict, and optimally source [their] workforce.” Predictive analytics will help identify any employees who may be looking to leave a company, while top employees can be retained through a combination of software for internal career development, compensation management, and more from Oracle and Taleo.
Moving on, Kurian said Taleo applications will be enhanced with new capabilities for analytics, data services, and identity management once integration with the Oracle Public Cloud is complete. Regarding Taleo Business Edition, which caters to smaller organizations, Oracle executives said it would still be offered and supported.
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