During the company’s CloudWorld conference, the Fusion Enterprise Performance Management (EPM) suite as well as its Supply Chain and Manufacturing (SCM) and Human Capital Management (HCM) suite announced healthcare-centric features, CIO reports. With an eye on meeting the financial planning, supply chain, and human resource needs of customers in the healthcare industry, Oracle on Wednesday, October 19th, announced updates to its Cloud Fusion suite. A number of company suites have been updated, including Enterprise Performance Management (EPM), Supply Chain Management (SCM), and Human Capital Management (HCM).
As indicated by its $28 billion acquisition of healthcare systems maker Cerner in June 2022, Oracle is targeting the healthcare sector as a major target. The company said it was launching planning capabilities that could help healthcare companies optimize financial and operational management by modeling scenarios, determining future demand, optimizing resources, and helping users make better financial, workforce, and patient care decisions.