- By 2020, 30% of global midmarket and large enterprises will have invested in a cloud-deployed human capital management suite for administrative HR and talent management, but will still need to source 20% to 30% of their HCM requirements via point solutions
- Gartner estimates that the overall market for HCM software (including both on-premises and cloud/SaaS solutions) reached $10.4 billion in 2016. We forecast it to grow to $11 billion by year-end 2017
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