This IDC study provides an analysis and sizing of the Western European HCM and payroll accounting applications market for 2013-2015 and the respective market shares per vendor. The study segments the combined market by functional segment (seven functional segments), deployment model (PCS and on premise), and Western European country."The combined HCM and payroll accounting market is showing a great degree of uptake in public cloud services, presenting a good opportunity for growth, either from software-as-a-service (SaaS) pure-plays or traditional vendors that have moved aggressively in that part of the market. As talent management is also moving toward more flexible and continuous HR processes rather than formal annual reviews, and as the HR department is moving away from a transactional role to that of a strategic partner, there is room for vendors to expand their reach and offerings in a market that is forecast to experience steady growth," said Alexandros Stratis, research analyst, IDC U.K.'s European Enterprise Applications.
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