In the demanding landscape of modern data management, businesses require solutions that offer unparalleled reliability, flexibility, and performance. From powering critical business applications to streamlining data management processes, Oracle Database and HCM Cloud applications have cemented their position as cornerstones of enterprise infrastructure.
The advanced scalability and integrated innovation within the Oracle ecosystem empower organizations to not only manage their data and workforce with precision but also to drive groundbreaking innovations. Read on to learn more about the main benefits of Oracle solutions and how our senior-level Oracle consultants can help your organization maximize success and unlock its full potential.
What is the Oracle HCM Cloud?
The Oracle HCM (Human Capital Management) Cloud empowers HR leaders to manage each stage of the employee lifecycle in a unified platform:
- Recruiting talent
- Screening potential hires
- Hiring
- Onboarding
- Managing time and absences
- Outlining compensation and benefits requirements
- Managing payroll
- Monitoring employee performance
- Developing talent
- Optimizing workflows
With an AI-first approach to human capital management, Oracle HCM Cloud accelerates critical decision-making and improves performance for both executives and individual contributors across the organization.
It connects with Oracle’s pre-built Customer Experience, Supply Chain, Finance, and other modules to match your HR division with your company’s business objectives. The Oracle HCM Cloud also offers platform-as-a-service (PaaS) flexibility for specially designed apps, enabling greater flexibility and improved performance across cloud landscapes.
Oracle offers the following products as part of the HCM Cloud suite:
Talent Management: The Talent Management module includes Performance and Goal Management, Career Development, Talent Acquisition, Succession Planning, Talent Review, and other key features to help organizations recruit and retain top-tier talent.
Global HR: This solution offers intelligent Workforce Modeling, HR Help Desk, Workforce Predictions, Core HR, Workforce Directory, and Workforce Health and Safety features to improve employee engagement and optimize critical enterprise operations.
Workforce Rewards: With Workforce Rewards solutions like Compensation, Benefits, Sales Compensation, and Payroll, users can assess and choose talent that aligns with their needs and monitor employee rewards effectively.
Work-Life Solutions: Users can leverage My Wellness, My Brand, My Competitions, and My Volunteering solutions to engage and empower employees to perform better and achieve work-life balance.
Workforce Management: Oracle Workforce Management solutions like Time and Labor and Absence Management enable organizations to maximize time management and ensure employees are paid correctly.
Benefits of Oracle HCM Cloud
Let’s take a look at the top reasons users choose the Oracle HCM Cloud:
Custom User Experience
In today’s business landscape, HR teams must provide employees with a customized user experience while continuously assessing and improving their technology. Oracle ME, a key component of Oracle Cloud HCM, unifies employee communications, processes, networking, and support on an open platform, offering individualized guidance and fostering deeper connections across teams.
Complete HCM Cloud
As a single cloud solution that spans all aspects of human capital management, Oracle Cloud HCM links all phases of the employee lifecycle in a single platform and delivers complete workforce visibility.
Flexible and Extensible
The Oracle Cloud platform is easily configurable, enabling users to model workforce changes using compensation information and monitor process set-up activities with minimal IT involvement.
Improved Business Value
Users can leverage the HCM Cloud application to reduce the total cost of ownership, increase productivity, improve user adoption and engagement, and drive business value.
Comprehensive Enterprise Solution
Oracle’s software-as-a-service (SaaS) applications are natively created on the complete cloud platform and infrastructure, offering an intuitive dashboard that organizes sales, finance, and HR data.
Data Security
Oracle is trusted by organizations worldwide, and its Advanced HCM controls maintain the security of HR data with continual, automated tracking of user activity, roles, and access permissions.
Global Functionalities
Oracle Cloud HCM is designed to meet global workforce requirements, offering support for more than 200 regions, 27 languages, and 13 countries.
Engaged HR Community
The Oracle Cloud Customer Connect community enables users to participate in live discussions, exchange best practices, resolve critical issues, and facilitate better HR and workforce development.
What is the Oracle Database?
The Oracle Database, or Oracle DBMS, is a multi-model database management system that leverages data warehousing (DW), online transaction processing (OLTP), and mixed (DW and OLTP) database workloads to improve overall data management.
Oracle DBMS enables users to gather data from multiple disparate sources and store it in a centralized location within their operating system. This facilitates more effective application and workload management across teams.
How Does the Oracle Database Work?
Like most Relational Database Management Systems, Oracle Database creates, manages, and retrieves data from various sources using SQL standardized programming language.
Oracle’s programming language, PL/SQL, is closely associated with SQL and allows users to extend SQL with intelligent programming features. Oracle utilizes column and row tables with characteristics to combine data points that structure the databases and enable quick and efficient cross-table access in a single data center.
Oracle DBMS consists of a connected database for storing database files, one or more listener processes for connecting database instances and clients, and one or more database instances for managing data.
The Oracle Relational Database Management System separates physical and logical data structures:
- Logical storage structures: Data blocks and tables, extents (used to group logical data blocks), segments, and tablespaces (containers for logical segments).
- Physical storage structures: Red-log files, control files, database metadata, and data files.
With strict authorization, network and data encryption, and authorization analysis, users can manage and protect critical business data directly in Oracle’s Database structure. Oracle also supports Java programming with PL/SQL to improve connections across enterprise systems and services.
Benefits of Using Oracle Database
1. Lower operational costs
The Oracle application enables users to consolidate multiple databases into a single database, providing multiple methods to reduce operational costs. The consolidation of databases reduces licensing and operating costs and enables users to adjust the size of their cloud environment as needed.
2. Delivers a secure hybrid cloud environment
This database offers flexible data deployment options, reduces IT expenses, and enhances overall flexibility. With a hybrid model, users can also adjust the resources associated with current tasks, offering more freedom to choose resources aligned to their needs and improving overall productivity, which gives users more freedom to choose what they want to achieve and provide.
3. Single database for all types of data
Oracle’s single database method fosters the development of new features and models and reduces operating costs associated with multiple databases. The database is easier to manage and highly resistant to data crashes, ensuring other applications remain unaffected if any go down.
4. Improved user controls and identity management
Oracle’s solution is verifiable and hard to replicate, ensuring organizations can verify a user’s identity and limit access to sensitive information with tailored permissions and controls. This solution leverages four essential functions to enable access to critical data resources:
- Authentication
- Authorization
- Verification
- Accountability
5. Multiple database support
With Oracle Database functionality, multiple data models can be supported against a single, integrated backend, giving consumers a more efficient way to handle diverse data. Users can mirror data inside the same network, transfer it from one node to another, and update multiple databases with a single request.
6. Quick recovery and backup
With Oracle’s Media Recovery tool and intelligent data recovery functions, users can safeguard and reconstruct data during a loss or unexpected downtime. In addition to supporting backup and recovery from pre-defined server storage locations, Oracle software allows users to choose a time for recovery processes that restore and roll back database files.
7. Flashback technology
Oracle Flashback technology enables users to retrieve lost or mistakenly erased data. This eliminates human error and reduces the time needed for database recovery, simplifying management and saving valuable time and money.
How We Can Help
If you’re looking to begin your journey with the Oracle HCM Cloud, empower better business performance with robust management capabilities, and ensure a successful deployment across enterprise teams, our expert team at Surety Systems has you covered!
Our senior-level Oracle consultants have the knowledge and experience to facilitate a smooth transition to the Oracle world and prepare your internal teams for long-term success.
Contact Us
For more information about our Oracle consulting services or to get connected with our team of expert consultants, contact us today.
