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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.
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