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Worldwide Human Capital Management and Payroll Processing Applications 2006-2010 Forecast and 2005 Vendor Shares: User Spending TrendsPublished by: IDC Published: Dec. 6, 2006 - 30 Pages Table of ContentsTable of Contents IDC Opinion In This Study Situation Overview Figure: Key Objectives for Automating Human Resources Functions Figure: Major Roadblocks That Prevent Organizations from Realizing the Most Benefits from HCM Applications Table: Worldwide Human Capital Management Applications License and Maintenance Revenue by Vendor, 2003-2005 ($M) Table: Worldwide Payroll Processing Applications License and Maintenance Revenue by Vendor, 2003-2005 ($M) Future Outlook Forecast and Assumptions Table: Worldwide Human Capital Management and Payroll Processing Applications Revenue by Product Segment, 2005-2010 ($M) Table: Worldwide Human Capital Management and Payroll Processing Applications Revenue by Region, 2005-2010 ($M) Table: Worldwide Human Capital Management and Payroll Processing Applications Revenue by Operating Environment, 2005-2010 ($M) Table: Key Forecast Assumptions for the Worldwide Human Capital Management and Payroll Processing Applications Market, 2006-2010 Budget to Hold Steady, Increase in Certain Areas System Modifications Extend HCM Upgrade, Replacement Cycles Pension Reform Is Just the Tip of the Iceberg Market Context Table: Worldwide Human Capital Management and Payroll Processing Applications Revenue, 2004-2010: Comparison of November 2005 and November 2006 Forecasts ($M) Figure: Worldwide Human Capital Management and Payroll Processing Applications Revenue, 2004?2010: Comparison of November 2005 and November 2006 Forecasts Essential Guidance Performance Management Becomes Hot Property Vertical Players Gain Appeal Other Strategies Worth Considering Learn More Related Research Methodology Human Capital Market Applications Market Definition eRecruiting Incentive Management HR Performance Management Workforce Management Synopsis AbstractThis IDC study provides the latest software license and maintenance revenue shares of more than 200 human capital management and payroll processing applications vendors between 2003 and 2005 and the overall market trends that form the basis of the 2006?2010 forecast. User spending on HCM and payroll applications is expected to increase at a steady rate through 2010 because of relative low unemployment rates and increased numbers of workers nearing their retirement age. "Companies are pressured to make their HR function much more streamlined and the associated business processes like open enrollment, performance review, and compensation planning much more efficient and automated,'' said Albert Pang, enterprise applications research director at IDC. "The market opportunities remain exceptional for not just the HCM vendors but also a new breed of software-as-a-service providers capable of adding tremendous value to employee satisfaction levels as well as strategic insights for HR professionals on a global level.'' Get Full Details About This Report >> |
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