Oracle Press Release

Oracle President Mark Hurd Highlights How Data-driven HR Decisions Help Maximize Business Performance

HR Intelligence Can Help Companies Win the Race for Talent

TALEO WORLD, CHICAGO – September 12, 2012


News Facts

Today during a keynote at Taleo World 2012, Oracle President Mark Hurd outlined the ways that executives can use HR intelligence to help them make better business decisions, shape the future of their organizations and improve the bottom line.
He highlighted that talent management is one of the top three focus areas for CEOs, and explained how HR intelligence can help drive decisions to meet business objectives. Hurd urged HR leaders to use data to make fact-based decisions about hiring, talent management and succession to drive strategic growth.
To win the race for talent, Hurd explained that organizations need powerful technology that provides fact-based valuable insight that is needed to proactively manage talent, drive strategic initiatives that promote innovation, and enhance business performance.

Attendees Gain Insight Into Oracle’s HCM Roadmap

Also speaking at Taleo World, Oracle Senior Vice President of Applications Development, Chris Leone, outlined how the combination of Taleo’s market-leading cloud recruiting, talent management and analytics with Oracle’s complete suite of core HR systems creates a one-stop-shop for businesses to manage the full spectrum of HR in the cloud.
For example, synergy between Oracle Fusion HCM and Oracle Taleo talent management solutions promotes internal career advancement opportunities and helps managers view and predict the full potential of employee talent.
Additionally, Jason Blessing, Senior Vice President, Oracle Applications Development announced Oracle’s plans to further improve Oracle Taleo Cloud Service through valuable integration with Oracle Fusion HCM and Oracle’s PeopleSoft HCM, additional social collaboration functionality, and the use of Oracle Business Analytics to uncover valuable Talent Intelligence from Taleo’s Big Data.
The keynote presentations will be available for viewing on demand on Friday, September 14 at 9:00 a.m. ET at http://www.oracle.com/us/corporate/events/hcmcloud/index.html.

Supporting Quotes

“This is the coming together of great leaders in the HCM space – the leader in talent management combined with the power of Oracle and our #1 HCM solutions to form the best HCM company in the world – bar none,” said Oracle President Mark Hurd.
“Oracle leads the industry in R&D and is accelerating Oracle’s combined HCM product roadmap to empower business users with Taleo Talent Intelligence,” said Jason Blessing, senior vice president, Oracle Applications Development. “The combined resources of Oracle and Taleo mean more innovation, more execution, and more attention to our customers’ talent management needs.”

Supporting Resources

Taleo World Keynotes (available as of 9 a.m. ET on Friday, Sept. 14)

About Oracle Applications

Over 65,000 customers worldwide rely on Oracle's complete, open and integrated enterprise applications to achieve superior results. Oracle provides a secure path for customers to benefit from the latest technology advances that improve the customer software experience and drive better business performance. Oracle Applications Unlimited is Oracle's commitment to customer choice through continuous investment and innovation in current applications offerings. Oracle’s next-generation Fusion Applications build upon that commitment, and are designed to work with and evolve your existing applications investments. Oracle's lifetime support policy helps ensure customers will continue to have a choice in upgrade paths, based on their enterprise needs. For more information on the latest Oracle Applications releases go to: www.oracle.com/applications.

About Oracle

Oracle engineers hardware and software to work together in the cloud and in your data center.  For more information about Oracle (NASDAQ:ORCL), visit www.oracle.com

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Contact Info

Danielle Cormier-Smith
Oracle
+1.610.766.3463
danielle.cormier@oracle.com

Joan Levy
Blanc & Otus
+1.415.856.5110
jlevy@blancandotus.com