00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Trump administration awarded Oracle a government-wide HR platform contract,
00:06according to Reuters. Office of Personnel Management Director Scott Kupor said Oracle
00:11will provide a cloud-based system to replace the individual HR platforms used by federal agencies.
00:18OPM, the federal government's HR office, said it completed hands-on testing, market research,
00:24and live demonstrations before selecting Oracle. The final contract cost was not disclosed.
00:31OPM said the price will depend on the complexity of migrating employee data and security requirements.
00:36Oracle Executive Chairman Larry Ellison, a Trump supporter, serves on the President's Science
00:42and Technology Council. The contract is part of Trump's broader push to overhaul federal
00:46technology systems and reduce government costs. For all things money, visit Benzinga.com.
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