Oracle PeopleSoft Enterprise HCM 9 was released in December 2006 and provides process support for all components of strategic human capital management (HCM). Core to this product offering is the concept of profiles, which can be created for jobs, roles, employees, or candidate records. This approach provides flexibility and ultimately enhanced analytics, and will be a focus of future development efforts. Enterprise HCM has been deployed globally by many large enterprises, although the adoption of the strategic components represents a small fraction of the overall customer base. This means that Oracle PeopleSoft HCM is a potential fit for PeopleSoft shops that place an emphasis on integration across the product HCM suite and global capabilities, while accepting the tradeoffs to forego best-of-breed capabilities, and have a preference for on-premise deployment.
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