Last Call: The HCM Flight to the Cloud is About to Take Off

Board now or be left behind 

As most of the of the enterprise has largely shifted to the cloud – from the CRM and analytics trailblazers to industry laggards such as ERP – Human Resource Departments have blissfully maintained their bucolic, old world existence. Even with several cloud options, many HR organizations have ignored them, instead relying on their trusty on-premise applications for Human Capital Management (HCM). They are in for a rude awakening.

Unlike the early adopters of the cloud, driven by business managers making an end-run around IT to get better functionality, the IT department is leading the charge for cloud HCM. Tasked with reducing costs and boosting efficiency, IT is pushing HR into the cloud with a wave of new HCM applications. Nucleus Research predicts a rapid migration to cloud HCM ahead.

The question has shifted from ‘on-premise or cloud?’ to ‘which cloud solution?’ With native cloud HCM apps from vendors such as Ceridian, strong cloud versions of successful on-premise apps from the likes of Infor and emerging new apps from vendors that have largely resisted the cloud until recently, the options are broad and growing.

Beware of ‘pretend’ cloud solutions that offer the promises of HCM-as-a-Service but are essentially still on-premise applications disguised as a private cloud offering. (Stay tuned for our upcoming blog devoted to this topic)

In addition to selecting the right cloud, organizations still must focus on how to optimize value. Assessing usability and functionality can help pinpoint the best HCM for your organization.

To see the full report, go to https://nucleusr.wpengine.com/research/single/technology-value-matrix-2015-hcm/