Oracle Named a Leader in 2023 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises for Eighth Consecutive Year
For six consecutive years, Oracle has been positioned furthest to the right for Completeness of Vision
AUSTIN, Texas, Oct. 23, 2023 /PRNewswire/ -- Oracle today announced that it has been named a Leader for the eighth consecutive year in the 2023 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises for Oracle Fusion Cloud Human Capital Management (HCM). Oracle was also placed furthest to the right for overall Completeness of Vision for the sixth consecutive year. A copy of the report is available here.
Volatile markets, labor shortages, and elevated employee expectations continue to make it difficult for organizations to adapt, meet customer demands, and attract and retain workers. HR leaders need technology that allows them to keep up with the pace of change, drive business outcomes, and support employee growth. Oracle Cloud HCM, powered by AI and natively built on Oracle's secure cloud infrastructure, is used by organizations from all industries across the globe to unify their workforce data, streamline HR processes, enhance workforce experience, and improve the way work gets done.
With Oracle Cloud HCM, organizations can:
Boost Productivity with Generative AI
Deliver Exceptional Employee Experiences
Optimize Workforce to Meet New Demands and Expectations
Accelerate Time to Value for Mid-size Enterprises
Gain Critical HCM Capabilities
Join Thousands of Happy Customers
"The world of work is evolving at an unprecedented rate, from where we work and the tools we use to the skills that are most in demand. To successfully navigate these changes, organizations need a technology partner that can help optimize their workforce, enhance the employee experience, and drive meaningful business value," said Chris Leone, executive vice president, applications development, Oracle. "We believe that being named a Leader for the eighth consecutive year demonstrates our ongoing commitment to customer success, and our ability to deliver the speed and breadth of innovation our customers need. Oracle Cloud HCM connects every human resource process from hire to retire in one unified platform that enables customers to quickly adapt to changing business and workforce requirements, and thrive."
Oracle Cloud HCM enables HR and operational professionals to make work more human by improving employee experience in the workplace and connecting every human resource process—including global HR, talent management, workforce management, and payroll. Oracle Cloud HCM is part of Oracle Fusion Cloud Applications Suite, which enables organizations to take advantage of the cloud to break down silos, standardize processes, and manage financial, HR, supply chain, and customer experience data on a single integrated cloud platform.
To learn more about Oracle Cloud HCM, please visit: oracle.com/human-capital-management
Gartner, Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises, By Ranadip Chandra, Sam Grinter, Ron Hanscome, Chris Pang, Anand Chouksey, Josie Xing, Harsh Kundulli, David Bobo, Laura Gardiner, Hiten Sheth, Jackie Watrous, Travis Wickesberg, Published 18 October 2023.
Gartner, Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises, By Ranadip Chandra, Ron Hanscome, Sam Grinter, Chris Pang, Anand Chouksey, Josie Xing, Harsh Kundulli, David Bobo, Laura Gardiner, Hiten Sheth, Jackie Watrous, Travis Wickesberg, Published 18 October 2023.
Gartner, Magic Quadrant for Cloud ERP for Product-Centric Enterprises, By Greg Leiter, Robert Anderson, Dixie John, Tomas Kienast, David Penny, Published 03 October 2023.
Gartner, Magic Quadrant for Cloud ERP for Service-Centric Enterprises, By Denis Torii, Sam Grinter, Tim Faith, Naveen Mahendra, Neha Ralhan, Robert Anderson, Published 29 August 2023.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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