Oracle Human Capital Management (HCM) applications are the top choices among Asia Pacific organisations, according to the Asia Pacific HCM survey conducted by Cedar Crestone, a US-based human resources consultancy.

More than 270 HR respondents from Asia Pacific organisations accounting for two million employees participated in this survey, and represented 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.

According to the study, 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.

The survey found that Indian organisations are early adopters of talent management applications and are among the leaders in the Asia Pacific region in adopting an integrated approach to talent management. X

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