An agreement has been signed between Oracle and SkillsFuture Singapore (SSG) as part of an effort to embed Singapore’s skills framework into the vendor’s human capital management cloud, allowing HR professionals, employers and employees to quickly and easily access the framework.
This agreement will form an extension to the vendor’s professional training initiatives which are currently offered via partners approved as Oracle Approved Education Centres and Oracle Education Resellers.
The tech giant will also assist in the contextualisation of the SSG curriculum with reference to the skills frameworks.
“We are very excited to be embarking on this journey with SkillsFuture Singapore,” said Serene Sia, managing director, Oracle Singapore. “Oracle believes that technology is a catalyst to make work more human by automating labour-intensive manual processes.
“Change is hard to predict, but transformational technologies like artificial intelligence and machine learning can help chart the way forward by assisting in identifying what skills are needed now and for the future.
"We look forward to doing our part within the national SkillsFuture movement to help Singaporeans realise their full potential through training and career development."
By embedding Singapore’s skills frameworks into the vendor’s HCM Cloud, the organisation plans on embracing a common skills language across its operations helping in the recruitment process as well as talent management, and facilitating learning and development across the organisation.
Furthermore, with artificial intelligence functionality embedded into the vendor’s HCM Cloud, better insights are now possible including improved talent management and smarter recruiting and better job matching.
The collaboration also supports the SkillsFuture movement by helping organisations equip their workforce with critical and emerging skills that are in demand.
“Disruptions today are happening at an unprecedented rate and we need the industry’s support in getting our workforce ready with the right skill sets to stay relevant and prepared for the future workplace,” said Dr Michael Fung, deputy chief executive (industry) of SkillsFuture Singapore.
“SSG is glad to have Oracle as a partner in these efforts and we believe that this collaboration will help amplify and extend the SkillsFuture movement as we build a resilient and future-ready workforce."
To further support the national SkillsFuture movement efforts towards continuing education and training (CET), the vendor will also expand its CET offerings through intermediaries such as institutes of higher learning and CET centres, to help build the talent pipeline for the workforce of tomorrow.