|[February 28, 2014]
Research and Markets: Global Workforce Management System (WFM) Market 2014-2018: Market Landscape, Growth Prospects and Key Vendors
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/hh763j/global_workforce)
has announced the addition of the "Global
Workforce Management System (WFM) Market 2014-2018" report to
The analysts forecast the Global WFM market to grow at a CAGR of 11.25
percent over the period 2013-2018. One of the key factors contributing
to this market growth is the increasing need to improve productivity of
an organization. The Global WFM market has also been witnessing the
emergence of mobile WFM solutions. However, choosing the right vendor
could pose a challenge to the growth of this market.
Key vendors dominating this space include Automatic Data Processing
Inc., Kronos Inc., Oracle (News - Alert) Corp., and SAP AG.
Other vendors mentioned in the report are Amano Group, Atoss Software
AG, Empower Software, Huntington Busines Systems Inc., Infor Global
Solutions, NICE Actimize, RedPrairie, Reflexis Systems Inc., Tomax
Corp., Uptivity Inc., WorkPlace Systems Inc., and WorkForce Software.
Commenting on the report, an analyst from the team said: The emergence
of mobile-based WFM solutions has revolutionized the WFM concept by
giving users the ability to work from remote locations. In order to
remain competitive most organizations are shifting their focus from
traditional methods to modern solutions such as mobile WFM which allow
them to access remote information via smartphones and tablets. The
solution is best suited for asset-intensive industries with field
operations teams where they require connection outside their office
premises. The trend of BYOD is allowing staff on-mobile options and to
do work from home. Mobile WFM provides immediate access to work activity
and facilitates performance management. In addition, mobile WFM
solutions can also be used to edit time sheets, approve schedule changes
and process time-off requests remotely. Kronos offers mobile
applications such as Workforce Mobile Manager and Workforce Mobile
Employee in Android, iPhone, iPad, Nokia (News - Alert) and Blackberry app store.
Similarly, Workforce Software offers the EmpCenter Mobile application.
According to the report, a major driver in the market is the increasing
need for organizations to improve productivity. The deployment of WFM
software allows organizations to schedule various activities of the
workforce in a timely manner and also helps in highlighting
inconsistencies or inefficiencies in operations.
For more information visit http://www.researchandmarkets.com/research/hh763j/global_workforce
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