Apps Run The World » Workforce Management
110 FOLLOWERS
Apps Run The World represents a new breed of IT market research organizations that make readily available quantitative data and intelligent insights.
Apps Run The World » Workforce Management
11M ago
Aiming to revolutionize the enterprise software industry for HR executives, UKG is counting on its new FleX platform components and Generative AI technologies to drive more user adoptions. Under an extensive co-development and revenue-sharing arrangement with Google Cloud, UKG stands to gain early access to Google Cloud’s Vertex AI, the latest artificial intelligence enhancements including the use...
Source ..read more
Apps Run The World » Workforce Management
2y ago
UKG unveiled a slew of product and organizational initiatives including the appointment of a new CEO as the HCM and workforce management applications powerhouse lays the groundwork to more than double its revenue to $10 billion by the end of the decade, compared with $4 billion in projected sales in 2023, which is a year ahead of original projections. For its second quarter of FY22...
Source ..read more
Apps Run The World » Workforce Management
3y ago
The suspense is over. Almost five months after Kronos and Ultimate Software merged to create a $3 billion HCM application powerhouse, the combined company has a new name: UKG as in Ultimate Kronos Group with Our Purpose is People as its tagline. UKG is short and sweet. The only concern is whether some may confuse it with USG, the drywall manufacturer. However, UKG is expected to invest heavily in...
Source ..read more
Apps Run The World » Workforce Management
5y ago
After years of solidifying its gains in the workforce management applications market, Kronos is eying a bigger prize in everything HR.
Already a leading vendor in the $3-billion workforce management apps market, Kronos is investing nearly $200 million in R&D, tripling what it spent in 2006 when it went private, in order to become a force to be reckoned with in the $20-billion-plus HCM software market.
The upstream migration to a bigger pond presents tantalizing opportunities as well as unique challenges following the 2018 move by the 42-year-old vendor into a 1.25-million-square-foot ..read more
Apps Run The World » Workforce Management
5y ago
In 2017, the top 10 Workforce Management (WFM) software vendors accounted for 52% of the Workforce Management (WFM) applications market segment which grew 7.2% to approach $3.3 billion in license, maintenance and subscription revenues. As a whole, Workforce Management (WFM) applications including Workforce Management products represented 14% of the overall HCM applications market.
As a whole, Workforce Management applications represented 14% of the overall HCM applications market, compared with 24% last year because of this year’s reclassification of some of the WFM market segments including S ..read more
Apps Run The World » Workforce Management
5y ago
A confluence of technological, people and macro factors are expected to put the Human Capital Management applications market on a roller-coaster ride in 2017.
Optimism is shared among key stakeholders in the $15-billion HCM apps market based on our 36-month-long research findings that covered thousands of survey participants and interviewees for the latest HCM Top 500 Market Report, which ranks the world’s 500 largest HCM apps vendors by their annual revenues across 22 segments in three primary groups – Core HR, Talent Acquisition and Workforce Management.
Aging workforce, paradigm shifts & ..read more
Apps Run The World » Workforce Management
5y ago
After conducting extensive research on the Human Capital Management applications market, we are pleased to announce the results of HCM Top 500 Market Report, which ranks and analyzes the world’s 500 largest HCM software vendors by their annual revenues across 22 segments in three primary groups – Core HR, Talent Acquisition and Workforce Management.
This report summarizes our research results, spanning thousands of interviews and continuous surveys with HCM vendors, customers and consultants over a three-year period, as we identify some of the most innovative, the fastest-growing, as well as t ..read more
Apps Run The World » Workforce Management
5y ago
In 2015, the top 10 Workforce Management (WFM) software vendors accounted for nearly 39% of the HCM applications market segment which grew 4% to approach $3.6 billion in license, maintenance and subscription revenues.
As a whole, Workforce Management (WFM) applications represented 24% of the overall HCM applications market.
Last year Kronos was No. 1 in Workforce Management with 18% market share and $658 million in HCM Workforce Management product revenues, achieving a 5% jump in license, maintenance and subscription revenues. ADP was No. 2 with 5% share, Ultimate Software was the third at 5 ..read more