Notes and Highlights from HR Tech Weekly with John Sumser and Stacey Harris, HR Tech Weekly Episode 164, March 22, 2018.

New product updates

• Make Work Enjoyable: A redesigned user interface leverages artificial intelligence to help employees minimize busywork and focus on actions and decisions that matter most. The new features include:
• “Newsfeed” Interface: Employees can now choose a “newsfeed” style interface to highlight the data and details they care about most. For example, tasks that need attention can be highlighted in an easy-to-read tiled format; an automatically updating analytics snapshot can elevate key business insights; and company and employee-related news can be easily accessed without digging through email.
• Seamless Search: Intelligent, intuitive, new search capabilities make it easier for employees to find the information they are seeking quickly and easily.
• One Experience, Any Device: A personalized cross-device experience enables employees to be more productive and take action based on company updates, personal feedback, and goals—no matter where the job takes them—on their desktop, tablet, or mobile phone.
• Continuous Performance Management: New performance “check-in” capabilities help ensure employees are always receiving real-time coaching and feedback and can easily track goals.
• Make Work Smarter: Powerful, built-in AI capabilities and guided paths create a simple and personalized experience from a candidate’s first interaction, through to hiring and onboarding. The new features include:
• Candidate Recruiting: New AI and chatbot capabilities enable candidates to search for jobs and get questions answered directly through channels like Facebook Messenger, while also automatically alerting candidates to updates and needed actions on their channel of choice.
• Optimized Promotion Process: A “self-driving” promotion process helps employees reach their objectives and succeed in their current positions by providing proactive alerts.
• Hiring and Onboarding the Right Employees: Advanced machine learning capabilities helpreduce the time it takes to fill open positions by highlighting best-fit candidates and proactively identifying candidates and employees who should be invited to apply.
• Smart Onboarding: New onboarding features enhance collaboration between new hire, manager, and HR team to make it faster and easier for employees to move from “new hire” to an engaged, productive contributor to the team.
• Make Work Supportive: New smart and adaptable AI-powered business processes enable HR professionals to deliver all the support employees need to excel. The new features include:
• HR Help Desk in the Cloud: Helps ensure compliance by optimizing the management and security of sensitive Employee Relations cases with configurable actions, such as managing data collection by category and queue. Extended knowledge management capabilities ensure consistent search and content based on security and versioning.
• Advanced HCM Controls: A pre-built library of best practice controls, security dashboards and workbench capabilities help organizations stop unauthorized access to sensitive HCM functions and data. With the ability to also manage exception and policy violations, HR departments can keep classified employee data protected, while lowering compliance costs (GDPR, SOX etc.), by automating audit procedures and analysis.

Oracle Q4 guidance lowers cloud guidance

• Oracle’s (NYSE:ORCL) Q4 guidance has revenue growing 1% to 3% on last year’s $10.94B compared to the $11.22B consensus. Growth expected flat to -2% in constant currency.
• EPS guided from $0.92 to $0.95 in USD and $0.89 to $0.92 in constant currency (consensus: $0.90).
• Cloud revenues including SaaS, PaaS, and IaaS expected to grow 19% to 23% in USD or 17% to 21% in constant currency. Analysts expected a 23% total cloud growth.

Back to HR Tech Weekly »