[February 28, 2014]

Research and Markets: Global Workforce Management System (WFM) Market 2014-2018: Market Landscape, Growth Prospects and Key Vendors

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 their offering.

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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