Independent Survey Reveals Oracle Human Capital Management (HCM) Offerings Are A Top ChoiceAmong Asia Pacific Organisations

Majority of 270+ Surveyed Organziations Across APAC Utilize Oracle HCM Applications to Automate HR Process and Retain Talent

New Delhi, India – November 7, 2008
· Oracle Human Capital Management (HCM) applications are the top choices among Asia Pacific organizations according to the Asia Pacific HCM survey conducted by CedarCrestone, a notable US-based Human Resources consultancy.
· CedarCrestone, which has been conducting its insightful, global HR adoption study since 1997, has for the first time, included Asia Pacific organizations in this year’s survey.
· Over 270 HR respondents from Asia Pacific organizations representing 2 million employees participated in this survey from across a number of industries including financial services, communications, retail, manufacturing, media, education and health.
· Oracle’s HCM software suites comprising Oracle’s PeopleSoft Enterprise and the Oracle E-Business Suite emerged as the top two HCM software choices for leading companies. Companies are relying on Oracle HCM applications to automate HR processes, acquire, manage and retain talent, for employee and manager self service, to gather HR-related business intelligence and for better succession and career planning.
· The study has shown that financial services, high tech, communications, transport and public utilities were the most significant investors in talent management. Within those industries recruiting, compensation and performance management were all consistently linked with the highest revenue growth in companies.
· According to the survey, Indian organizations are early adopters of talent management applications and Indian companies are among the leaders in the Asia Pacific region in adopting an integrated approach to talent management.
· According to the survey, organizations in China, Taiwan and Hong Kong are focusing on basic process improvement using of technology and rolling out learning management and performance management systems leading to better evaluations and development of their workforce.
· According to the survey, organizations in Australia, especially midsize organizations, are spending a large part of their HR man-hours to manage and retain top talent. As a result, integrated talent management is a key focus area for Australian organizations. [g1] Technologies that help in learning management are especially popular among the surveyed Australian organizations

Supporting Quotes
· “One of the key findings of our first survey among Asia Pacific companies is the importance of integrated talent management. Those taking an integrated talent management approach (35%) strongly outpace organizations with a multiple vendor solution approach on operating income growth by more than double (44% vs. 17%),” said Alexia Martin, Chief Analyst at CedarCrestone. “Taking an integrated approach has become a best practice.”
“A significant number of [g2] organizations in the Asia Pacific region utilise Oracle HCM. CedarCrestone’s survey clearly shows that Oracle HCM applications are the leading choices for organizations across various industry segments in the region. Oracle’s pre-integrated software gives today’s HR professionals a flexible and comprehensive methodology to carry workers through the entire employee lifecycle, regardless of the industry, business need or size of the organization,” said Tim Darton, General Manager, HCM Solutions, Oracle Asia Pacific

Oracle Human Capital Management
· Oracle has world-class, award-winning human capital management (HCM) applications for organizations of every size, region, and industry.
· Oracle HCM software is used by leading businesses and governments in the Asia Pacific region including Alcoa (Australia), Baidu.com Inc (China), Beijing Guohua Electric Power Co., Ltd (China), Chinatrust Financial Holding Co., Ltd (Taiwan), Genpact (India), Hisoft Technology International Ltd (China), Hanjin Shipping (Korea), Indu Projects Limited (India), KT (Korea), LG Electronics (Korea), Santos Limited (Australia), Union Bank of India (India).
· The best-in-class architecture of Oracle E-Business Suite Human Resources Management System and Oracle’s PeopleSoft Enterprise Human Capital Management enables organizations to seamlessly integrate all functional areas of talent management including recruiting, performance management, learning management, compensation and competency management.
· Only Oracle has a global, web-based, single system HCM solution that covers every aspect of the HCM road map—from core human resource (HR) transactional functionality through service automation and delivery to complete enterprise talent management solutions.

Supporting Resources
· CedarCrestone 2008-2009 HR Systems Survey http://wwwCedarCrestone.com/research
· Oracle’s PeopleSoft Enterprise HCMhttp://www.oracle.com/applications/peoplesoft/hcm/ent/index.html
· Oracle E-Business Suite Human Resources Management System
http://www.oracle.com/applications/human_resources/intro.html
· Oracle HCM Newsletter http://www.oracle.com/newsletters/samples/human-capital-management.html
· Blogs: http://talentedapps.wordpress.com/ and http://www.amitavasthi.blogspot.com/

About CedarCrestone
CedarCrestone delivers real client success by providing consulting, technology, and managed services for the deployment, management, and optimization of enterprise business applications and technology. Please visit CedarCrestone Web site at http://www.cedarcrestone.com/

About Oracle
Oracle (NASDAQ: ORCL) is the world’s largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.

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Contact Info

Gayatri Rath Deeba Ali/ Niraj Sharma
Oracle India Pvt Ltd Rediffusion PR for Oracle
Tel: 91-124-4328212/ 98180-91843 +91 9810509973/ 9810093472
gayatri.rath {at} oracle(.)com niraj.sharma {at} rediffusionyr(.)com[g3]