PRNewsWire
11 Jun 2026, 18:32 UTC · 2h ago
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The U.S. Office of Personnel Management (OPM) awarded Oracle a $395.8 million contract to implement a governmentwide HR platform. — Direct revenue win for Oracle (ORCL) and a significant validation of its Fusion Cloud HCM product in the high-barrier public sector market.
+0.40The Oracle Fusion Cloud HCM platform will replace more than 100 separate fragmented systems for approximately two million federal employees. — Demonstrates a large-scale digital transformation success that could serve as a case study for other government entities to migrate to Oracle Cloud.
+0.20Which stocks this story touches
Awarded a $395.8 million contract by the U.S. Office of Personnel Management to power federal workforce modernization.
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Mentioned as a partner utilizing Oracle Fusion Cloud Recruiting to power AI-driven talent acquisition.
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Schwab Network
2h ago
