The HfS Blueprint Guide to Predictive Capabilities in HCM Systems

WHAT THIS BLUEPRINT REPORT COVERS

This Blueprint Market Guide covers predictive capabilities emerging within HCM systems (aka HR systems of record). Both solution providers and customers have proceeded with some trepidation in this arena but HfS sees this dynamic changing. More “proof points” are surfacing around business value being derived, which will drive more investment and commitment from vendors, and more customers/buyers willing to join the early adopter group — particularly larger organizations with requisite budgets and in-house competencies.

KEY MARKET DYNAMICS

These include: A few Tier 2 HRMS providers (vendors below the top 3 market share leaders) are evidently the “top tier” when it comes to predictive capabilities in HCM systems … likely reasons are explored in the Report. Also, innovations are being attached to some surprising areas within the HCM value chain; e.g., going further than predictions around best fit candidates, employee engagement, retention, optimal staffing levels, etc. Another key market dynamic is how both solution vendors and customers are pursuing creative and innovative ways to compress “time to predictive value,” and also overcome “HR data distrust.”

WHO SHOULD READ THIS REPORT

The Guide is intended for buyer organizations looking for additional, potentially compelling sources of competitive advantage from bringing science to the HCM domain: and for HCM solution vendors evaluating their related product roadmap options (i.e., both R&D focus areas and surrounding timing).

SERVICE PROVIDERS WE DISCUSS

There were 9 HRMS providers covered in this Blueprint Guide: SAP Success Factors, Oracle, Workday, Ultimate Software, Cornerstone OnDemand, Kronos, Infor, Unit4 and Ramco Systems.

WHAT YOU’LL KNOW AFTER READING

The range of predictive capabilities found in HCM systems today and from which HRMS vendors, how the solution providers were evaluated on our Innovation and Execution dimensions, examples of significant business value and impact certain predictive capabilities are driving for customers, where these capabilities might be a year or more from now, and specific recommendations for maximizing ROI from these capabilities when your organization is ready.