Table of Contents
1 Introduction
1.1 Market Definition
2 Market Overview and Industry Trends
2.1 Introduction
2.2 Innovation Spotlight
2.3 Market Dynamics
Figure 1 Human Capital Management Market: Drivers, Restraints, Opportunities, and Challenges
2.3.1 Drivers
2.3.1.1 Integration of AI and ML in HCM Suites
2.3.1.2 Need for Reducing HR-Related Costs Fueling the Market Demand
2.3.2 Restraints
2.3.2.1 Security Concerns Over Cloud-Based Deployment
2.3.3 Opportunities
2.3.3.1 Rising Adoption of Cloud-Based Software Solutions
2.3.3.2 Advancements in Potential Markets
2.3.4 Challenges
2.3.4.1 Data Inconsistency Due to the Adoption of Multiple Advanced Technologies and HR Standards Among Businesses
2.3.4.2 Lack of Competent Resources
2.3.5 Cumulative Growth Analysis
2.4 Industry Trends
2.4.1 Developed Unified System of Global HR Records With Improved Scalability and Real-Time Reporting Through Human Capital Management
2.4.2 Increased Resource Availability Through Elimination of Substantial Manual Tasks Using Human Capital Management Software
2.4.3 Streamlined Global HR Operations, Enhanced Employee Experience, and Increased Organizational Agility and Speed With Human Capital Management Software
3 Company Evaluation Quadrant
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
Figure 2 Human Capital Management Market (Global) Company Evaluation Quadrant
4 Company Profiles
4.1 Introduction
4.2 Workday
4.2.1 Business Overview*
Figure 3 Workday: Company Snapshot
4.2.2 Products Offered*
4.2.3 Recent Developments*
4.2.4 SWOT Analysis*
Figure 4 Workday: SWOT Analysis
(*Above sections are present for all of below companies)
4.3 Oracle
Figure 5 Oracle: Company Snapshot
Figure 6 Oracle: SWOT Analysis
4.4 ADP
Figure 7 ADP: Company Snapshot
Figure 8 ADP: SWOT Analysis
4.5 SAP
Figure 9 SAP: Company Snapshot
Figure 10 SAP: SWOT Analysis
4.6 Microsoft
Figure 11 Microsoft: Company Snapshot
Figure 12 Microsoft: SWOT Analysis
4.7 IBM
Figure 13 IBM: Company Snapshot
4.8 Ultimate Software
4.9 Ceridian
Figure 14 Ceridian: Company Snapshot
4.10 SumTotal
4.11 Kronos
5 Appendix
5.1 Other Significant Players
5.1.1 Talentsoft
5.1.2 EmployWise
5.1.3 PeopleStrategy
5.1.4 Infor
5.1.5 Cornerstone OnDemand
5.1.6 Meta4
5.1.7 Ramco Systems
5.1.8 BambooHR
5.1.9 Namely
5.1.10 Workforce Software
5.1.11 Zoho
5.1.12 Sage Group
5.1.13 Epicor Software
5.1.14 Zenefits
5.1.15 Paylocity
5.1.16 Gusto
5.1.17 Bitrix
5.1.18 Benefitfocus
5.1.19 WebHR
5.1.20 Talentia Software
5.1.21 PeopleFluent
5.1.22 Vibe HCM
5.1.23 Rippling
5.1.24 Ascentis
5.1.25 BizMerlinHR
5.2 Methodology
This report identifies and benchmarks the best HCM software providers such as Workday (US), Oracle (US), ADP (US), SAP (UK) and Microsoft (US), and evaluates them on the basis of business strategy excellence and strength of product portfolio within the Human Capital Management ecosystem, combining inputs from various industry experts, buyers, and vendors, and extensive secondary research including annual reports, company press releases, investor presentations, free and paid company databases. They are rated and positioned on 2x2 matrix, called as ‘Company Evaluation Quadrant’, and identified as Visionary Leaders, Dynamic Differentiators, Innovators, or Emerging companies.
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