Newfield Supports Employee Performance With Oracle HCM Cloud
Independent Oil and Gas Company Adopts Cloud-Based Solution to Manage Critical Human Resource Functions
Get Alerts ORCL Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +27.5%
Join SI Premium – FREE
REDWOOD SHORES, CA -- (Marketwired) -- 03/23/15 -- Oracle (NYSE: ORCL)
In the oil and gas industry, expedition into new areas and successful development of ongoing operations drive growth. To capitalize on such opportunities, Newfield Exploration Company, a business engaged in exploring and producing oil and gas, adopted Human Capital Management Cloud (Oracle HCM Cloud), which gives employees and managers access to HR data and helps them identify and work toward individual, team, and company goals.
To support business expansion around the globe, Newfield will leverage the mobile capabilities of Oracle HCM Cloud, part of Oracle Applications Cloud, to eventually focus its 1,500 employees on goals and objectives that add value for shareholders. Newfield has selected Oracle HCM Cloud Mobile as the mobile interface its employees will use when the company is ready to launch this new application, based on features such as usability, goal-tracking capabilities, and real-time speed of the native iPad application.
Oracle HCM Cloud has helped Newfield strengthen employee development and foster teamwork and collaboration. Full visibility into goals and progress in Oracle HCM Cloud helps motivate Newfield employees to perform to their potential. Newfield plans to use Oracle HCM Cloud Mobile to increase personal connections across the growing team by giving employees who travel to different offices instant access to shared employee profiles -- including backgrounds, previous interactions, and photos.
Additionally, with seamless integration into its existing cloud-based HR solution, Newfield's IT department spends little time on upgrades and maintenance and is able to focus on end-user delivery and adoption.
"Advanced technologies like Oracle HCM Cloud are critical to our success as a company that thrives on discovering and working in uncharted territories," said Thomas Smouse, vice president of administration and human resources, Newfield Exploration Company. "With Oracle HCM Cloud, we are transforming the way we communicate our goals throughout the organization, creating a more transparent environment. The increased clarity around goals has led to better collaboration and more productive employees focused on common milestones, which inevitably results in better business outcomes."
Additional Information
- Join Oracle on LinkedIn and follow @Oracle on Twitter
- Connect with Oracle HCM via blog, Twitter, and Facebook
- View the Newfield case study video
- Learn more about Oracle HCM Cloud and Oracle HCM Cloud Mobile
About Oracle Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE: ORCL), visit oracle.com.
Trademark Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
Contact Info Danielle Cormier-Smith Oracle +1.610.766.3463 Email Contact Danielle Tarp Blanc & Otus +1.408.921.7063 Email Contact
Source: Oracle Corporation
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Oracle wins $395.8 million federal HR modernization contract
- TD Cowen on Oracle (ORCL): 'Solid 4Q & Guide'
- Merck Animal Health to acquire poultry technology firm TARGAN
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share