Oracle discusses Takeo product plans, girds for new battle with SAP

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(Free-Press-Release.com) February 27, 2012 -- Oracle laid out on Friday its strategy for the human capital management software market and how Tale’s technology will integrate with Oracle's own offerings SAP and Oracle have each made significant acquisitions of cloud-based HCM vendors in the past few months, with SAP paying $3.4 billion for Success Factors and Oracle announcing plans to buy Takeo for $1.9 billion earlier this month.

While many companies have already invested in a core human-resources software system for areas like payroll and benefits management, Takeo will bring Oracle applications on the fringes of the HCM category, such as recruitment and employee on boarding, that can be sold into existing and new accounts. Takeo will also give Oracle increased relevance in the cloud software market as well as staff with hands-on experience running a Seas (software-as-a-service) business. SAP is seen as getting similar benefits from Success Factors.

Once the Takeo acquisition is complete, Oracle will have "the most comprehensive set of enterprise cloud offerings in the world," said Oracle Co-President Mark Hard during a webcast event on Friday. And Tale’s software "clips directly into" Oracle's own Fusion HCM cloud application, he added.

Oracle wants to offer customers a complete suite of HR applications that includes embedded BI (business intelligence), social networking, and mobile capabilities, said Thomas Kurgan, executive vice president of product development. "We feel we'll allow organizations to find the best people, have lower turnover, and have the best results."

Kurgan sought to explain how Tale’s products will work alongside Oracle's existing HR software.

Customers will be able to "plan, predict, and optimally source [their] workforce," he added. They'll also gain the ability to identify employees who may be at risk of leaving through predictive analytics, Kurgan claimed. Those top performers can then be retained with help from a combination of Takeo and Oracle's software for internal career development, compensation management and other areas, he added.

Tale’s recruitment and employee on-boarding software, for which it is well-known, will become preferred offerings, according to a slide Kurgan presented.

But Oracle intends to unify the companies' performance management software into a single product, while providing "a seamless upgrade for all customers," Kurgan said.

Oracle intends to integrate Tale with its Oracle Public Cloud, on which Fusion HCM runs. This will give the Takeo applications new capabilities for identity management, data services and analytics, Kurgan said.

Executives repeatedly noted that Takeo Business Edition, which is aimed at smaller companies, will continue to be offered and supported. This was likely done to quell concerns from customers about that version, since Oracle has focused mostly on how Tale’s Enterprise version will fit in with its products, said IDC analyst Lisa Rowan.

Kurgan also emphasized that Oracle will continue offering talent management software for use with Oracle as well as non-Oracle HR systems, both on-premises and in the cloud.

This likely reflects a fear on Oracle's part of losing Takeo customers who are now running applications from competitors like SAP, Rowan said.



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