HCM – “Big players miss out on full integration”
“In case you missed the event, Diginomica recaps on Larry Ellison’s closing note, whilst Forbes shares the key points from Hurds address. To quickly summarise, the main statement coming out from from the event and keynotes is that Oracle is “serious about HCM”. Whilst this is good to see, is it still missing the mark when it comes to integration?
Every B2B enterprise software company knows that cloud HCM is the fastest growing area of enterprise applications, it has been widely reported over the past quarter or so. Most organizations are planning to replace their old legacy systems – be it Sage Snowdrop, NorthgateArinso ResourceLink, or an add–on module of an ERP system. None of those solutions work very well or enable the global growth that companies need now.
What is needed is an integrated HCM/HRIS system that has been built as an integrated suite in the cloud; one that is easy to deploy, global in scale, and reliable and secure enough to serve a market which runs on sensitive data.
Large vendors like SAP, Oracle, and IBM have realized they don’t have the right cloud solutions to match this growing market demand, and addressed this by acquiring other technologies to integrate with their own systems. With the complexities of these technologies being bolted on together, claims of integration therefore seem overstated.
By way of an example, unlike Oracle ‘Fusion’, we believe integrated HCM means that new employee data doesn’t have to re-keyed from the recruiting system into the HRIS system. We think for customers that’s more confusion than ‘Fusion’.
So, long may the technology giants wrestle over this industry – as long as the customers demand and are given the intelligent, global systems which deliver the growth they so deserve.”