Western Europe HCM and Payroll Applications Vendor Shares, 2016
This IDC study provides an analysis and sizing of the Western European HCM and payroll accounting applications market for 2014-2016 and market shares per vendor. The study segments the combined market by functional segment (seven functional segments) deployment model (PCS and on-premises), and Western European country."Digital transformation is having a substantial impact in the way organizations are managing their employees in Western Europe. The changing workforce — coupled with emerging disruptive trends such as the increase in flexible working and contingent labor, along with the need to increase productivity by focusing on employee engagement — is driving new investments in human capital management applications," said Alexandros Stratis, research analyst, IDC U.K., European Enterprise Applications. "Learning and compensation applications have led the way in growth this year, but we also see considerable traction in workforce performance management and recruiting applications; the high growth rate in these links to HR departments investing in software solutions to enable line managers and employees manage these processes themselves."
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