HRM Solutions: Traditional Models Clash With Next-Generation Processes And Technology
September 24, 2010
Why Read This Report
Human resource management (HRM) applications — consisting of six categories of solutions ranging from core transactions to strategic talent management — represent a market in transition. In this $8.7 billion software market, talent management stands out as the fastest-growing solution segment, and SaaS revenues are increasing rapidly as on-premises licenses stagnate. The diverse array of HRM processes challenges enterprises to find a one-stop shop for HRM applications, even with the breadth of solutions offered by market leaders SAP and Oracle. Yet blending multiple HRM solutions presents architectural and integration challenges that affect the cost of ownership. Business process professionals should innovate their HRM processes and applications strategies by considering the architectural tradeoffs between comprehensive packages and best-of-breed specialists, while leveraging the appropriate deployment model choices combining SaaS, outsourcing, and on-premises methods.
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Table of Contents
- Six Major HR Components Define The HRM Market
- Economic And Technology Trends Drive Change In HRM Processes
- Vendor Consolidation Delivers Breadth And Viability
- SaaS Fuels HRM Solutions Market Growth
- The Battle Between Comprehensive And Point Solutions Continues To Rage
- Process, Information, And Deployment Models Drive HRM Apps Architectures
WHAT IT MEANS
- Competitive Companies Will Innovate To Empower Their Workforces
- Supplemental Material
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