Wipro, Oracle launch human capital mgmt solution

Wipro SprintHR is a cloud-based offering used to deploy Oracle's Fusion HCM solution

Wipro Technologies has announced the launch of Wipro SprintHR, a cloud-based technology offering used to deploy Oracle Fusion Human Capital Management (HCM) solution. It is available on a SaaS model and is designed to help enable enterprise customers transform their HR processes.

Leveraging its strong relationship with Oracle and co-development experience on Oracle Fusion Applications, Wipro SprintHR helps organisations significantly reduce cost and deployment timelines.

Based on Wipros rapid deployment framework for cloud applications, Wipro SprintHR is a productized service that helps customers configure the functional scope and deploy this solution with little impact on business continuity. It offers a unique and powerful blend of Fusion HCM modules that include HCM processes such as Talent Management, Benefits Management and Core HR administration.

Managing talent is critical to any business and there is a need for rapid deployment of powerful solutions that will help customers optimally leverage their human capital. Wipro SprintHR Solution not only helps customers deploy a comprehensive HCM system, but will continue to provide the latest features and functionalities of Oracle Fusion HCM with low risk and flexible options. Also, by choosing a simple subscription model, customers can shift from a 'capital intensive' to a 'predictable operating expense' model with limited investments required in advance, said Raja Ukil, Vice President and Global Head, Oracle and Enterprise Applications, Wipro Technologies.

In todays rapidly changing business environment, HR organizations are responding by building 21st Century HR operations through the adoption of new technologies, strategies and models, said Gretchen Alarcon, Vice President, Oracle HCM Strategy. Oracle Fusion HCM capabilities combined with Wipros extensive experience in optimizing and integrating cloud based solutions, will give customers the benefit of a modern HCM SaaS solution that can help reduce time to value.

Cloud computing is a major driver of a new wave of innovation at Wipro and the company has helped customers adopt and integrate cloud services into their enterprise systems. Wipro is also working closely with customers to provide IT management services. As per a Forrester report, the Software as a Service (SaaS) market today represents the largest public cloud market by far, with $21.2 billion in total revenues in 2011. By 2016, SaaS will have total revenues of $92.8 billion - accounting for roughly 26% of the total packaged software market.

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