Tuesday , 14 August 2018
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On-premises HR users risk being left behind, Oracle says

Oracle is telling customers that the future of its HR platform will be in the cloud. It’s trying to do this without alarming users who host its applications internally.

Users of on-premises PeopleSoft and E-Business Suite HR system users won’t be abandoned as cloud use grows, Oracle promises. These systems will get regular updates and new features. There’s no end-of-life risk, said Mark Hurd, Oracle’s CEO. “No worries about that,” he said.

Even with that, however, Oracle’s cloud-basedHuman Capital Management (HCM) system will see many more new features and will pull ahead in capability over on-premises systems, said Hurd.

“The trajectory of new features coming into the cloud product is going not linear, but it’s going like this,” said Hurd, gesturing sharply upward. This was at a meeting with analysts and press at an Oracle conference this week in Boston. Hurd believes a “majority” of its customers will be on the cloud platform within five years.

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