The state of the HCM market: 2018

The market for technology in human capital management (HCM) continues to go through changes as new-guard vendors vie for market share against the old guard. Nucleus’s analysis shows it’s the new guard that’s better-positioned to survive the next five years. They already offer, today, a unified, straightforward suite in a multitenant cloud—or are well on their way to doing do. By year 2023, vendors whose technology is lacking in these characteristics will have fallen by the wayside. Ultimately, users are the fuel for this inexorable march.