|[May 12, 2014]
IDC MarketScape Shows That Migration of HR Systems from On-Premise to SaaS Will Drive Growth in Worldwide HR Services and BPO Market
FRAMINGHAM, Mass. --(Business Wire)--
International Data Corporation (IDC)
has released its 2014 MarketScape report profiling and positioning the
leading providers in the worldwide human resource business process
outsourcing (HR BPO) market. This new research shows that HR executives
will likely move from on-premise to multi-tenant software as a service
(SaaS (News - Alert))-based systems, which means lower provider costs. If these costs
are passed on to the buyer, they could make BPO attractive again and
help drive growth within the HR BPO market.
MarketScape: Worldwide HR BPO 2014 Vendor Analysis (IDC (News - Alert)
#248394), evaluates the offerings and prospects of 10 vendors' relative
capabilities. These providers were evaluated using detailed criteria
that IDC identified as key factors contributing to vendor success in the
worldwide HR BPO market. The vendors included in the analysis are
Accenture, Automatic Data Processing (ADP), Aon Hewitt, HP, IBM,
Infosys, NorthgateArinso (NGA), Tata Consultancy Services (News - Alert) (TCS), WNS,
and Xerox HR Services.
The IDC MarketScape methodology placed Accenture, ADP, Aon Hewitt, IBM,
and NGA in the Leaders category.
"Multi-tenant SaaS-based systems provide the one-to-many platform that
could boost popularity of HR BPO. Despite numerous attempts to
standardie on a platform in the past, the majority of HR BPO deals
require the service provider to assume responsibility for whatever HR
platform is in place," said Lisa
Rowan, Research Vice President, HR,
Talent, and Learning Strategies for IDC. "Now, HR BPO providers are
taking a close look at SaaS platforms."
About IDC MarketScape
MarketScape vendor analysis model is designed to provide an overview
of the competitive fitness of IT, telecommunications, or
industry-specific suppliers in a given market. The research methodology
utilizes a rigorous scoring methodology based on both qualitative and
quantitative criteria that results in a single graphical illustration of
each vendor's position within a given market. IDC MarketScape provides a
clear framework in which the product and service offerings, capabilities
and strategies, and current and future market success factors of IT,
telecommunications, or industry-specific vendors can be meaningfully
compared. The framework also provides technology buyers with a
transparent foundation to allow companies to independently compare the
strengths and weaknesses of current and prospective vendors.
For more information about IDC MarketScapes, please contact Karen Moser
International Data Corporation (IDC) is the premier global provider of
market intelligence, advisory services, and events for the information
technology, telecommunications, and consumer technology markets. IDC
helps IT professionals, business executives, and the investment
community to make fact-based decisions on technology purchases and
business strategy. More than 1,000 IDC analysts provide global,
regional, and local expertise on technology and industry opportunities
and trends in over 110 countries. In 2014, IDC celebrates its 50th
anniversary of providing strategic insights to help clients achieve
their key business objectives. IDC is a subsidiary of IDG,
the world's leading technology media, research, and events company. You
can learn more about IDC by visiting www.idc.com.
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