Human Capital Management (HCM) in the Cloud and Wearable Tech in HCM 2015 - 2020

NEW YORK, July 7, 2015 /PRNewswire/ -- Overview:

Human Capital Management (HCM) is the process of aligning all human resource management related functions in a unified and integrated solution that start with the perception of viewing employee as asset or human capital. In the back office, HCM is either a component of an enterprise resource planning (ERP) system or a separate suite that is typically integrated with the ERP. The use of Cloud-based solutions for HCM represents an increasingly attractive alternative to traditional methods.

The introduction of wearable technology and other wireless devices within the realm of Bring Your Own Device (BYOD) represents both a challenge and an opportunity for HCM. Other factors include the emerging convergence trend of Social Mobile Analytics, and Cloud (SMAC) and it impact with the workplace and personnel interactions.

This research evaluates HCM in the Cloud and Wearable Tech. The report analyzes the impact on HCM in the Cloud of various market trends including SMAC integration, wearable gamification, BYOD, Big Data and others. Different HR functions are evalated in terms of impact. The report includes a review of leading HCM software vendors. The report includes forecasts for the 2015 to 2020 period. Mind Commerce estimates that the HCM software industry will recognize $8.4 B SaaS revenue by 2020.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/human-capital-management-hcm-in-the-cloud-and-wearable-tech-in-hcm-2015---2020-300109793.html

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