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Recap: What We Learned at the Oracle Cloud HCM Virtual Summits

Guest Author

By Lauren Antone, Product Marketing Manager

On Wednesday, August 19th and Thursday, August 20th, hundreds of customers tuned-in for the first-ever E-Business Suite to Cloud and PeopleSoft to Cloud Virtual Summits, where Oracle product and service leaders came together, along with a panel of Oracle Cloud customers, to share their insights and address the issues most relevant to on-premises customers today. 

Joining us were:

Oracle E-Business Suite

  • Subraya Yeltimar, Group Vice President, EBS, and Cloud HCM Development, Oracle

Oracle PeopleSoft

 

  • Paco Aubrejuan, Senior Vice President, Applications Development

Oracle Cloud Applications

 

  • Christopher Leone, Senior Vice President, Applications Development
  • Emily He, SVP, HCM Cloud Business Group

PeopleSoft to Cloud Customer Panel

  • Rudy Kelner, Vice President Digital Strategy and Operations, MetLife
  • Kellie Romack, Vice President Digital HR and Strategic Delivery, Hilton
  • Scott Wardlow, Managing Director, JPMorgan Chase

E-Business Suite to Cloud Customer Panel

  • Gareth Abreu, HR Technology Development, The Co-op
  • Melissa Miecznikoski, Senior Director, Business Applications and Process Analysis, Sinclair Broadcast Group
  • Jim Rhodes, Vice President, HRIS, Emerson

 

Here's What You May Have Missed

For the first time, Oracle development leaders Subraya Yeltimar and Paco Aubrejuan sat down with Christopher Leone during their respective summits for a frank and unplugged discussion on the future of Oracle’s HR applications. As old friends and respected colleagues, they navigated topics including Oracle’s continued commitment to PeopleSoft and E-Business Suite, their comparisons to Oracle Cloud HCM, when the right time is to move to the cloud, and what innovation the cloud brings as organizations plan for their future. Following these conversations was a panel of Oracle Cloud customers that made the move from PeopleSoft and E-Business Suite, sharing key learnings from their transition and what the cloud has done for their business to-date. 

Though so much information was covered in just 90 minutes, attendees left with three key takeaways to embark on their own cloud journey:

Agility Starts with the Cloud 

Agility was an important theme throughout these events. In her opening remarks, Emily He addressed today’s challenging economic climate, saying that “HR has never been more crucial to the survival of an organization…HR leaders that are agile have a huge leg up in the recovery, and it starts with moving your business to the cloud.” But how does the cloud deliver greater agility for organizations? 

For JP Morgan Chase, who went live with Oracle Cloud HCM three months prior during the height of the pandemic, the business value driver was eliminating customizations and standardizing global business processes. With more than 30,000 customizations in PeopleSoft at the start, the final result was a tradeoff: less specialization in the individual business processes for a specific geography or line of business, to gain a simplified data model and streamlined employee experience. MetLife also focused on data and creating standardization in order to simplify and move faster. Live for more than 18 months, MetLife shifted their mindset from customizing business processes to adopting configuration – still able to personalize processes while using best practices to create one standard for their business. 

Read More: Why Do Customers Choose Oracle Cloud HCM?

“It’s our belief that eventually all enterprise applications will be delivered in the cloud,” said Aubrejuan, noting that while it may take time for organizations to prepare, the cloud offers a more effective data model in terms of software delivery and maintenance that customers will want to consider when they are ready. He further added that “If you're a steward of your company's applications and you have a responsibility to be looking out both in the short term and the long term in terms of what's best for your company or institution, then you need to be looking at cloud applications.”

Oracle’s Commitment to Customers is Unwavering

Of interest to most customers was Oracle’s investment strategy and continued support for the PeopleSoft and E-Business Suite enterprise applications, a topic that development leaders were quick to address, confirming Oracle’s commitment to the Applications Unlimited Program. For E-Business Suite, customers on the latest 12.2 release will continue to see customer-driven enhancements and a focus on resolving business issues. With PeopleSoft, past investments included a shift from major application upgrades every few years to a continuous upgrade model — including features such as selective adoption on images, running PeopleSoft on the cloud, and user experience improvements. Customers of both platforms can rest-assured that they will see additional business value down the road.

That said, all three leaders agreed that the strategic direction for Oracle is a continued heavy investment in our cloud. 

Oracle Cloud HCM Virtual Summits are a series of free virtual events that feature keynotes, thought leaders, best practices, and customer stories on modern HR technology solutions. Here's what we learned from our events on August 19 and 20.

Oracle Cloud HCM Delivers New Innovations to Meet Your Business Needs 

Given the greater investment in the Oracle Cloud applications, we addressed the benefits customers should expect. To start, there’s the value of being on a single code line, a point that Aburejuan explained as a major difference between software as a service (SaaS) and non-SaaS. With the cloud, it all looks the same, allowing customers to easily configure, update, and extend the application. 

Additionally, customers benefit from frequent updates and continuous access to innovation. Oracle Cloud HCM delivers updates four times per year, allowing customers to take new features and capabilities more rapidly when compared to on-premises solutions. 

“Looking back, four releases or four updates in a year—that’s a huge, huge paradigm shift for an E-Business Suite customer” said Yeltimar. Not only are the timeframes at which customers are adopting new releases are much faster, but Oracle has built every configuration to be 100% upgradeable. At the end of the day, Oracle is responsible for keeping your applications current and valuable, seamlessly, with no security vulnerability.

Learn More: Moving to Oracle Cloud HCM - 8 Steps to the Future of Work

According to Leone, automation is key for today’s organizations, and Oracle has made great investments in some of the latest technology including artificial intelligence and machine learning throughout the Cloud HCM suite. For example, with Oracle Recruiting, customers receive features like the best fit candidate. Oracle Digital Assistant and mobile-enabled guided learning have been adopted by customers like the Hilton, who shared how these innovations helped support their goal of delivering team member and manager self-service across their organization.

Learn More

Missed the sessions and want to watch the replays yourself? Click on either link below, join us for events in the future, and learn more about Oracle Cloud HCM at www.oracle.com/hcm

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