Germany Human Capital Management Software Market Growth, Demand, Opportunity, Analysis and Forecasts to 2020

Technavio Announces the Publication of its Research Report Human Capital Management (HCM) Software Market in Germany 2016-2020

Technavio 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.

Browse full report with TOC@ https://marketreportscenter.com/reports/388333/human-capital-management-software-market-in-germany-2016-2020

Commenting on the report, an analyst from Technavios 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 organizations compliance programs based on prevalent regulations and norms. Insights into labor regulations, working knowledge and expertise of various compliance and regulatory requirements, etc....