Oracle Fusion HCM Analytics is a group of analytic applications that work seamlessly with Oracle Fusion Cloud HCM applications. It provides HR teams with ready-to-use, domain-specific information and insights that help them build a better workforce. In this blog post, we will explore some of the benefits and features of Fusion Analytics for HR professionals.

Benefits of Fusion Analytics for HR

Fusion Analytics helps HR teams answer key questions about both individuals and the workforce, and to show how they relate to each other. It enables them to:

• Understand workforce diversity and inclusion, and identify gaps and opportunities for improvement
• Mitigate employee attrition and turnover, and predict employee retention trends
• Optimize recruiting efforts and talent acquisition strategies, and measure the quality of hire and time to fill
• Manage compensation ratios and budgets, and ensure pay equity and fairness
• Analyze data in support of other essential activities, such as performance management, learning and development, succession planning, employee engagement, and more

Fusion Analytics also helps HR teams save time and resources by providing them with prebuilt:

• Key Performance Indicators (KPIs) that measure the most important aspects of the workforce
• Metrics that calculate the values of the KPIs using standardized formulas
• Charts, graphs, and dashboards that visualize the data in an intuitive and interactive way
• Subject areas that organize the data into logical categories and dimensions
• Packaged data integrations with Fusion Applications that ensure data currency and accuracy

Features of Fusion Analytics for HR

Fusion Analytics is built on Oracle Analytics Cloud (OAC) and Oracle Autonomous Data Warehouse (ADW), both of which are included in the Fusion Analytics subscription. OAC provides all the modern analytics capabilities you expect, such as:

• Data visualization that allows you to create stunning charts and graphs with a few clicks
• Data discovery that enables you to explore your data and find hidden patterns and insights
• Advanced analytics that supports machine learning, natural language processing, spatial analysis, and more

ADW is an autonomous database optimized for analytics that supports all your data management needs, such as:

• Data marts that store your data in a structured and optimized way for fast query performance
• Data lakehouses that combine the best of data lakes and data warehouses to handle both structured and unstructured data
• Data integration that allows you to connect to almost any data source, including Oracle databases and applications, non-Oracle data stores, third-party sources, streaming data, and more

Fusion Analytics also supports open data access and interoperability with other BI products. You can use Fusion Analytics as the central, governed data source for all your analytics needs, or you can use it as a source of data for other BI tools.

Conclusion

Fusion Analytics is a powerful tool for HR professionals who want to build a better workforce. It provides them with ready-to-use information and insights that help them understand their workforce better, make informed decisions, and take action. It also leverages the latest technologies from Oracle to provide a modern, flexible, and scalable analytics solution.