HCM Technology Value Matrix 2018
With the rising cost and complexity of managing one of the four pillars of every organization – its people – human capital management (HCM) vendors are accelerating their delivery of innovation, with cloud being a main driver. Leaders have set themselves apart by focusing on functionality that moves beyond reporting to embedded prescriptive analytics and artificial intelligence (AI), while rounding out their suites with additions of succession planning, talent management, collaboration, and advanced compliance capabilities. Critical next steps for leaders are integrated collaboration across the suite, and real-time access to data for decision making from recruiting and onboarding to retention and separation.