Oracle Recognized as a Leader in Gartner Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises

Oracle Placed Furthest for Completeness of Vision within the entire Gartner Magic Quadrant

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Sep 20, 2018, 08:00 ET

REDWOOD SHORES, Calif., Sept. 20, 2018 /PRNewswire/ -- Oracle today announced that it has been recognized, for the third consecutive year, as a Leader in Cloud HCM Suites for Midmarket and Large Enterprises by Gartner. The 2018 Gartner Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises evaluates vendors based on completeness of vision and ability to execute. It positioned Oracle furthest for completeness of vision for Cloud HCM Suites. A complimentary copy of the report is available here.

"Our strong investment in a simple, powerful HCM system, and innovation in artificial intelligence and digital assistants, will forever change the experience of working with HCM systems," said Chris Leone, senior vice president of development, Oracle HCM Cloud. "We are very pleased to be recognized by Gartner and believe our position as a Leader in this year's report further validates our relentless commitment to helping customers gain a competitive advantage while adapting to the ever-accelerating pace of technological change."

According to Gartner, "Leaders demonstrate a market-defining vision of how HCM technology can help HR leaders achieve business objectives. Leaders have the ability to execute against that vision through products and services, and have demonstrated solid business results in the form of revenue and earnings. In the cloud HCM suite market, Leaders show a consistent ability to win deals, including the foundational elements of admin HR (with a large number of country-specific HR localizations) and high attach rates of Talent Management, Workforce Management and HRSD capabilities. They have multiple proof points of successful implementations. Further, these customers have workforces deployed in more than one of the main geographic regions (North America, Europe, MENA, Latin America and Asia/Pacific), in a wide variety of vertical industries and sizes of organization (by number of employees). Leaders are often what other providers in the market measure themselves against."

Part of Oracle Cloud Applications, Oracle HCM Cloud enables HR professionals to simplify the complex in order to meet the increasing expectations of an ever-changing workforce and business environment. By providing a complete and powerful platform that spans the entire employee life cycle, Oracle HCM Cloud helps HR professionals deliver superior employee experience, align people strategy to evolving business priorities, and cultivate a culture of continuous innovation.

For additional information on Oracle HCM Cloud visit: https://cloud.oracle.com/en_US/hcm-cloud.

Gartner, Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises, Melanie Lougee, Ranadip Chandra, et al., 15 August 2018.

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