today rolled out two new versions of its enterprise
applications suite, targeting vertical markets in both the United States and Europe.
Due to start shipping today, Oracle U.S. Federal Human Resources Release
includes features for employee compensation, managing training
expenditures, and reporting labor activity. Due to ship in 30 days, Oracle
Public Sector Financials-International has enhancements for financial
accounting and translations for Germany, Norway, the Netherlands, Belgium,
and the United Kingdom, the company said.
Oracle Federal Human Resources Release 10.7 includes features for
processing salary adjustments for employees. It also includes enhancements
and report equal employment opportunity (EEO) and affirmative action
requirements. That enhancement includes an EEO complaints tracking system and
agency-required reporting for EEO and affirmative action regulations that
complies with Equal Employment Opportunity Commission stipulations, the
The release continues Oracle's efforts to develop a strong public sector
base, Gartner Group analyst
Elizabeth Malis said. "Oracle has actually been attempting to develop a
public sector base over the last three years, and this release is significant
because they are formalizing [and] upgrading their product and
improving the focus of the initiative."
Malis said Oracle is expending more effort on its public sector software.
"Now the public sector effort is being upgraded into a 'real' industry
Joining its competitors in the European market, Oracle's Public Sector
Financials now features tools for Europe including
gross-based and reclaimable value added tax, as well as combined cash
and accrual accounting support, with Euro compliance. It also features
localized public sector capabilities for the United Kingdom and other areas.
"The international effort is quite interesting because the international
public sector has been somewhat under-served by U.S. vendors, who just
haven't had time to address some of these issues yet," Malis said. "There is
[a] good opportunity for Oracle here."