United States, June 22 -- The U.S. Office of Personnel Management (OPM) has awarded Oracle a $395.8 million Federal HRIT Modernization Core Human Capital Management (HCM) contract to deliver the federal government's first governmentwide HR platform. Powered by Oracle Fusion Cloud Human Capital Management (HCM), the new platform will replace more than 100 separate systems and serve as the single, governmentwide system of record for workforce management under OPM's Federal HR 2.0 initiative.Many federal agency HR systems are not interoperable. This can create duplicated efforts and inconsistent data that often results in higher costs and delays in hiring and retirement processes. By consolidating its systems onto a single cloud platform, OPM ...