According to a new market research report published by Credence Research, “Workforce Management Software Market (By Mode of Deployment (On-premise and Cloud-based), By Functionality (Workforce Forecast & Scheduling, Time & Attendance Management, Absence Management, Workforce Analytics and Others), By End-use (BFSI, Retail, Healthcare, Automotive, Industrial Manufacturing, Government, and Others (Education, etc.)), By Geography (North America, Europe, Asia Pacific, and Rest of the World)) – Growth, Future Prospects, and Competitive Landscape, 2018 -2026”, the global workforce management software market was valued at US$ 4.25 Bn in 2017 and expected to expand at a CAGR of 7.5% during the forecast period from 2018 to 2026.
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Workforce management solutions aid business organizations to maintain and track workforce so as to help organization achieve desired productivity. The complexities involved in today’s business operations and increasing demands on managers have made use of software tools critical for scheduling, forecasting, staffing, and managing other business operations effectively. Regardless of the industry vertical, size of business organization, or the technology deployed by the business, workforce management software solutions have become imperative tools for increasing revenues and attaining a return on customer service investments. The role of management solutions, especially in the Human Resource domain is witnessing a paradigm shift from administrative to analytics wherein the major focus is on data gathering and analysis. With further advancements in technology, integration of Big Data and mobility into conventional management solutions will likely define course of the market growth in the coming years.
Browse the full Workforce Management Software market – Growth, Future Prospects and Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/workforce-management-software-market
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The qualitative study of drivers and limitations of Workforce Management Software Market
Key players in the global Workforce Management Software Market Include SAP SE, Kronos Incorporated, Oracle Corporation, Workforce Software Group Inc., Reflexis Systems Inc., Active Operations Management International LLP, SISQUAL, Nice Systems Inc., and Infor among others.
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Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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