Human Capital Management Software Market in Germany 2016-2020

  • ID: 3846215
  • Report
  • Region: Germany
  • 71 pages
  • TechNavio
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FEATURED COMPANIES

  • ADP
  • Ceridian
  • FinancialForce
  • Infor
  • Oracle
  • SAP
  • MORE
About HCM

HCM is the process of staffing employees that considers people as assets or human capital whose current value can be measured and future value can be enhanced through investments. HCM software solutions help manage a large and growing workforce in an effective way. It streamlines the traditional HR functions such as benefits administration, personnel tracking, and payroll. Additionally, it automates many administrative processes such as reporting and attendance monitoring to increase productivity. It also helps in strategic level processes such as recruitment, employee development, and employee management.

The analysts forecast the human capital management (HCM) software market in Germany to grow at a CAGR of 5.47% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the human capital management (HCM) software market in Germany for 2016-2020. To calculate the market size, the report considers the revenue obtained from software licenses, maintenance costs, and professional services.

The market is divided into the following segments based on process:

- Strategic segment
- Administrative segment

The report, human capital management (HCM) software market in Germany 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ADP
- Oracle
- SAP
- Workday
- BambooHR
- PeopleFluent
- Ultimate Software
- Zoho

Other prominent vendors
- CakeHR
- Ceridian
- Cezanne HR
- Epicor
- FinancialForce
- IBM Kenexa
- Infor
- Kronos
- Namely
- Sage
- Haufe-umantis
- WebHR

Market drivers
- Introduction of Employment & Labor Law 2016 in Germany

Market challenges
- Data security and privacy

Market trends
- Increasing popularity of advanced workforce analytics

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ADP
  • Ceridian
  • FinancialForce
  • Infor
  • Oracle
  • SAP
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market segmentation
  • Vendors
  • Review period
  • Currency exchange
  • Target audience
  • Vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
  • HCM market in Germany
  • Benefits of HCM
PART 05: Market landscape
  • Market overview
  • Market size and forecast
PART 06: Market segmentation by deployment type
  • HCM software market in Germany by deployment type
PART 07: Market segmentation by end-users
  • HCM software market in Germany by end-user
PART 08: Market segmentation by process
  • HCM software market in Germany by process
PART 09: Buying criteria

PART 10: Market drivers
  • Introduction of Employment & Labor Law 2016 in Germany
  • Increasing HR software budgets
  • Increasing demand for unified solution for all HR functions
  • Increasing workforce diversity
PART 11: Impact of drivers

PART 12: Market challenges
  • Data security and privacy
  • Regulatory compliance
PART 13: Impact of drivers and challenges

PART 14: Market trends
  • Increasing popularity of advanced workforce analytics
  • Increasing adoption of digital HR technology
PART 15: Five forces model

PART 16: Vendor landscape
  • Competitive scenario
  • Vendor analysis
  • Vendor competition overview
  • Technology providers
  • Pure players
  • Other prominent vendors
PART 17: Appendix
  • List of abbreviations
PART 18: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Overview of HCM software market in Germany
Exhibit 03: New vendors in HCM software market in Germany
Exhibit 04: HCM software market in Germany 2015-2020 ($ billions)
Exhibit 05: Global HCM software market in Germany by deployment type 2015 and 2020 (% share)
Exhibit 06: Comparison of cloud and on-premises HCM software
Exhibit 07: HCM software market in Germany by end-user 2015 and 2016 (% share)
Exhibit 08: HCM software market in Germany by process 2015 (% share)
Exhibit 09: Administrative HR processes 2015 (% share)
Exhibit 10: Strategic HR processes 2015 (% share)
Exhibit 11: Buying criteria for HCM software in Germany
Exhibit 12: HR software spending per employee ($)
Exhibit 13: Impact of drivers
Exhibit 14: Impact of drivers and challenges
Exhibit 15: Key drivers of workforce analytics
Exhibit 16: Advantages of workforce analytics
Exhibit 17: Five forces model
Exhibit 18: Deployment models supported by HCM technology providers
Exhibit 19: Features provided by HCM technology providers
Exhibit 20: Customer base of HCM technology providers
Exhibit 21: Comparative petal chart for technology providers
Exhibit 22: ADP: Company information
Exhibit 23: ADP: Key products and features
Exhibit 24: Oracle: Company information
Exhibit 25: Oracle: Key products and features
Exhibit 26: SAP SuccessFactors: Company information
Exhibit 27: SAP SuccessFactors: Key products and features
Exhibit 28: Workday: Company information
Exhibit 29: Workday: Key products and features
Exhibit 30: Deployment models supported by HCM pure players
Exhibit 31: Features provided by HCM pure players
Exhibit 32: Customer base of HCM pure players
Exhibit 33: Comparative petal chart for pure players
Exhibit 34: BambooHR: Company information
Exhibit 35: BambooHR: Key products and features
Exhibit 36: PeopleFluent: Company information
Exhibit 37: PeopleFluent: Key products and features
Exhibit 38: Ultimate Software: Company information
Exhibit 39: Ultimate Software: Key products and features
Exhibit 40: Zoho: Company information
Exhibit 41: Zoho: Key products and features
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ADP
  • Ceridian
  • FinancialForce
  • Infor
  • Oracle
  • SAP
  • MORE
New Report Released: - Human Capital Management (HCM) Software Market in Germany 2016-2020

The author of the report recognizes the following companies as the key players in the human capital management (HCM) software market in Germany: ADP, Oracle, SAP, Workday, BambooHR, PeopleFluent, Ultimate Software, and Zoho.

Other Prominent Vendors in the market are: CakeHR, Ceridian, Cezanne HR, Epicor, FinancialForce, IBM Kenexa, Infor, Kronos, Namely, Sage, Haufe-umantis, and WebHR.

Commenting on the report, an analyst from the research team said: “Increasing popularity of advanced workforce analytics will be a key trend for market growth. The use of workforce analytics is gaining popularity in Germany. Organizations have understood that they need data to figure out what attracts people to join, perform well, and stay with an organization. Data also provides insights into recognizing favorable conditions required to deliver the highest-quality customer service and innovation. In order to extract insights from the employee and applicant data, organizations need workforce analytics. ”

According to the report, increasing workforce diversity will be a key driver for market growth. Business growth depends on attracting and retaining a workforce with globally diverse values and demographics. With diversity being seen as a strategic business advantage, HR executives are of the view that companies must adopt multicultural and multigenerational needs to meet the ongoing recruitment and retention goals.

Further, the report states that according to the German labor law, the HR plays a strategic role in running the organization’s compliance programs based on prevalent regulations and norms. Insights into labor regulations, working knowledge and expertise of various compliance and regulatory requirements, etc. are keys toward building credibility. So, it has made compulsory that compliance and ethics programs must be embedded into an organization’s culture to prevent liabilities that arise from non-compliance. HCM solutions include features that take care of all compliance and legal issues, but since the labor law is changing frequently in Germany, the compliance features of HCM also needs to be updated according to recent laws. It is a major challenge for all HCM software vendors to overcome.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- ADP
- Oracle
- SAP
- Workday
- BambooHR
- PeopleFluent
- Ultimate Software
- Zoho
- CakeHR
- Ceridian
- Cezanne HR
- Epicor
- FinancialForce
- IBM Kenexa
- Infor
- Kronos
- Namely
- Sage
- Haufe-umantis
- WebHR
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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