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Five Lessons We Learned at Oracle OpenWorld 2019 Oracle OpenWorld 2019 has come and gone, but the positivity still remains after customers, employees, and industry analysts departed with the insights and perspectives that will guide them in the year ahead. HCM attendees walked away with a thorough understanding of everything from current industry best practices to the new and emerging technologies destined to affect future business operations and outcomes.
Whether you attended the event in-person or followed the events online, there were HCM lessons and takeaways for everyone. Here’s a sample of what we learned:
Lesson 1: Customers Always Come First. Our conference is always about our customers and the agenda did not disappoint. Customer sessions dominated all four days and attendees had a chance to listen to implementation success stories across all industries, including higher education, food and beverage, and government. For a brief summary of the customer sessions we reported on during the conference, check out our day 3 recap.
Lesson 2: The Future Looks Bright. What does the future of the workforce look like? How will humans interact with robots? Will emerging technologies eliminate or create a greater net number of jobs in the future, and what types of new jobs can we anticipate? These were just a few of the questions answered and the future looks bright, especially as humans look to work alongside robots, increase their own productivity, and be more data-driven in their decision-making.
Lesson 3: Emerging Technologies Are Mainstream. While just a vision several years ago, OpenWorld showed that emerging technologies are ready for the spotlight. On day 1, Kai Petzelt, VP of Product Marketing spoke about data-driven insights and intelligent automation, while day 2 featured Steve Miranda, EVP of Oracle Applications Product Development telling us about the prevalence of artificial intelligence and machine learning. We also unveiled a new wave of intuitive capabilities within Oracle Digital Assistant, which leverages deep learning to understand and execute complex requests.
Lesson 4: Oracle Is Lowering Innovation Barriers. Both of Larry Ellison’s keynotes highlighted the leaps that we’ have made in the past year with Oracle Autonomous Database and Oracle Fusion Applications, which cover ERP, CX, and HCM solutions.
- Fusion Applications counts 12,000 new customers over the past five years, representing 339% growth. Customers continue to find value in application connectivity to get business done.
- Autonomous Database has not only seen tremendous progress, Oracle CTO Ellison also announced the availability of an autonomous operating system. Both promise to solve the challenges presented by human error and data theft.
- Finally, Ellison announced a free tier for Oracle Cloud focused on developers and students, lowering the barriers to innovation.
Lesson 5: We Are Our Own Best Example. During OpenWorld, attendees were invited to attend Oracle@Oracle, which showcased Oracle’s own move to the cloud. Thousands of people stopped by our HR booth, where our team explained how we use our own HCM cloud software to reimagine recruiting, workforce planning, and talent management. Naturally we were gratified to see so many walk away impressed and wanting to learn more.
Keep the Conversation Going
OpenWorld may be over, but let’s keep the momentum going. Stay up to date with our blog. Also, be sure to demo Oracle HCM Cloud yourself to learn how your organization can make work more human.