Enterprise HCM Technology Value Matrix 2024

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The growing trend of technology consolidation across organizations has amplified the need for HCM software vendors to demonstrate that their solutions deliver proven business value. The enterprise HCM market has acted accordingly, highlighted by increased R&D, mergers and acquisitions, and strategic partnerships to address functionality gaps across core areas, including talent acquisition, people analytics, and payroll. Leaders in the space have continued to focus investments on embedded AI and machine learning capabilities and enhancements to existing functionality based on customer feedback.

For a detailed description of the Value Matrix methodology: Understanding the Value Matrix

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