Worldwide Human Capital Management and Payroll Applications Market Shares, 2016: Growth Across the Board
This IDC study examines the human capital management (HCM) and payroll applications market for the 2014–2016 period. Revenue and market share of the leading vendors are provided for 2016. Included is a full list of tracked vendors for total share for the combined HCM and payroll applications market and lists of the top vendors in share for HCM applications and payroll applications separately. Modernization of technology to overcome cost and complexity challenges looks to be the key driver for change in the next 12–18 months," says Lisa Rowan, research vice president, HR, Talent, and Learning Strategies for IDC. "Modernization of technology not only means cloud but it also encompasses embracing digital transformation as well."