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The Human Capital Management (HCM) market is a subset of the Personnel and Human Resources (HR) industry. It is focused on the management of an organization's human resources, including recruitment, onboarding, performance management, training, and payroll. HCM solutions are designed to help organizations manage their workforce more efficiently and effectively.
HCM solutions are typically cloud-based, allowing organizations to access their data from anywhere. They also provide analytics and reporting capabilities, allowing organizations to gain insights into their workforce and make informed decisions. Additionally, HCM solutions can help organizations automate processes such as payroll and benefits administration, reducing the amount of time and resources required to manage their workforce.
Some of the leading companies in the HCM market include Oracle, SAP, Workday, ADP, Ultimate Software, and Ceridian. Show Less Read more