StockNews.AI
ORCL
StockNews.AI
153 days

Oracle Helps Customers Boost Employee Engagement with Strategic Communications and Internal Events

1. Oracle enhances Cloud HCM with new communication and event management features. 2. Updates aim to improve employee engagement and productivity across organizations. 3. HR teams can now manage events effectively with real-time analytics. 4. The platform connects communications with workforce data for better insights. 5. AI capabilities assist in personalizing employee experiences and driving engagement.

8m saved
Insight
Article

FAQ

Why Bullish?

The enhancements in Oracle's product suite position them competitively in the HCM market, potentially increasing demand. Historical growth in similar sectors often leads to price gains for leading players.

How important is it?

The updates directly enhance Oracle's offerings in a crucial market segment, likely affecting its competitive stance and revenue. The focus on improving employee experience can drive market attractiveness and adoption.

Why Long Term?

Sustained improvements in employee productivity and engagement can result in long-term client retention and growth. Successful adoption of new tools typically takes time to reflect in sales and revenue.

Related Companies

New capabilities within Oracle Cloud HCM enable HR teams, managers, and employees to drive engagement, increase productivity, and enhance company culture  , /PRNewswire/ -- Oracle CloudWorld -- Oracle has added new employee communications and event management capabilities to the Oracle ME employee experience platform within Oracle Fusion Cloud Human Capital Management (HCM). The latest updates to the Oracle Fusion Cloud Communicate solution within Oracle ME enable HR teams to boost employee engagement in company-wide initiatives, help managers deliver more effective communication to drive productivity, and empower employees to foster inclusivity through grassroots events. "Many organizations use multiple point solutions to support internal communications and event management, but these often don't deliver the employee participation or insights needed for HR teams to effectively support their workforce and drive meaningful change," said Yvette Cameron, senior vice president, global HCM product strategy, Oracle. "The latest updates to Oracle Communicate deliver a single communications and event management solution to help increase employee engagement, deliver more effective team communication, and drive change across the organization." Oracle Communicate connects event management with workforce data. This helps teams create personalized internal communications that drive employees to act on key initiatives, increase productivity, foster organizational culture, and build a better employee experience. The latest updates enable HR teams to: Manage HR events: Comprehensive event management capabilities enable HR teams to create and promote events that support priority company initiatives, such as new hire onboarding or open enrollment. Connect with the right audiences: Flexible targeting tools enable HR teams to engage with the right employees at the right time through any preferred method of communication, such as email, text, or the Oracle Activity Center. Increase employee engagement: Real-time event analytics enable HR teams to leverage engagement insights to create and promote events more effectively and drive increased participation. The latest updates enable managers to: Manage team events: Enhanced management capabilities enable managers to create and promote events for their teams that support priority initiatives, such as learning and development trainings, strategy and vision alignment, or team building. Deliver effective team communication: Personalized communication tools enable managers to send tailored messages to targeted team members to encourage specific actions, such as reporting on progress following new initiative launches or promoting team recognitions.   Drive employee productivity and growth: Data-driven analytics enable managers to view insights on team member event participation and leverage key learnings for better coaching and career development conversations. The latest updates enable employees to: Manage peer-to-peer events: New self-service event management capabilities enable employees to create and promote grassroots events that drive learning, development and community, and help them connect with peers who share the same interests. Foster workplace connectivity: Easy-to-use communication tools enable employees to share events across Oracle Activity Center and create newsletter digests to strengthen company culture. Additionally, AI-powered capabilities deliver recommended employee events based on data including location, activity, and personal interests. Access centralized communications: A unified communications hub enables employees to view all communications, including HR-led initiatives, team notifications, and employee-led events, to easily engage with the most relevant activities. Part of Oracle Fusion Cloud Applications Suite, Oracle Cloud HCM is a complete solution connecting every human resource process from hire to retire across an organization with a native employee experience platform and embedded AI capabilities. By connecting all people, work, and skills data on a single platform, HR teams have access to a single source of truth to help inform their people strategy. In addition, embedded AI acts as an advisor to help analyze workforce data, generate content, and augment or automate processes to help improve business operations. For additional information on Oracle Cloud HCM applications, visit oracle.com/hcm. About OracleOracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com. Future Product DisclaimerThe preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation. TrademarksOracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. SOURCE Oracle WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News