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Global Workforce Analytics Market Report 2019 | Industry Share, Growth Analysis, Latest Emerging Trends, Revenue, Competitive Landscape, SWOT Analysis and Regional Overview By 2026 | Automatic Data Processing, Inc., Capgemini SE, Cisco Systems Inc.

09-27-2021 10:22 AM CET | IT, New Media & Software

Press release from: StraitsResearch

Workforce Analytics Market

Workforce Analytics Market

Workforce analytics entails a sophisticated set of data analysis tools for the measurement and analysis of employee performance. It is used to analyze recruitment, training, staffing, and several other aspects. Assessing employee behavior and retention can be complicated; however, with data-driven approaches, companies are now able to implement effective strategies.

Enterprises emphasize labor strategies and investments to enhance business productivity. For instance, Mindtree, an information technology company, leveraged HR analytics to improve operations. The tool assisted the company with the prediction of employee turnover for the upcoming 90 days and also supported it to derive suitable insights from data analysis, which were later employed in the forecasting model for hiring.

A World Economic Forum survey revealed that 85% of respondents are likely to embrace big data analytics by the end of 2022. Thus, the increasing usage of big data analytics and other innovative tools will further contribute to market growth.

The intricacy of workforce management is rising, which paves the way for quantitative approaches to cope with complexities. For instance, companies are adopting big data technologies for growth. A research study by Tata Consultancy Services revealed that organizations are considering optimizations in employee retention as a key potential of big data technologies.

Human capital is a key asset for an organization, and employee productivity plays a vital role in the success of an organization. Tracking and monitoring employee performance provide a better understanding of the areas that require improvements as well as the areas in which performance is exceeding expectations. For instance, Infosys has adopted a continuous performance management system, which helps it regularly monitor staff performance and predict employee behavior.

Grab a Free Sample PDF copy of the Workforce Analytics Market Report 2019 @ 
https://straitsresearch.com/report/workforce-analytics-market/request-sample

The Major Players Covered in this Report: Automatic Data Processing, Inc., Capgemini SE, Cisco Systems Inc., Cornerstone OnDemand Inc., IBM Corporation, Oracle Corporation, Peoplestreme Pty. Ltd., SAP SE, SumTotal Systems, LLC, Visier, Inc., Workday, Inc, & More...

By Component Type, Solutions, Talent Acquisition & Development Optimization Services, Payroll & Monitoring, Services, Professional Services, Managed Services
By Deployment Type, Cloud, On-Premise,
By End-Use Industry, BFSI (Banking, Financial Services, and Insurance), Manufacturing, IT & Telecom, Retail, Healthcare, Others,

View this report with a detailed description and TOC @ 
https://straitsresearch.com/report/workforce-analytics-market/toc

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Workforce Analytics in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Workforce Analytics market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Workforce Analytics and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Workforce Analytics. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

The report covers exhaustive analysis on:
Overview of the parent market
Global Workforce Analytics Market Segments, Dynamics, Market Size, Share, Price, Volume, and Cost
Historical, current and projected market size in terms of volume and value
Global Workforce Analytics Market Forecast 2021 to 2029
Supply & Demand Value Chain
Global Workforce Analytics Market dynamics, including the current trends/drivers/threats/restraints/challenges
Potential and niche segments/regions exhibiting promising growth
Market landscape, competition, and leading companies involved
Strategies of leading companies and product offerings
Technological advancements

View Full Report @ 
https://straitsresearch.com/report/workforce-analytics-market/

Recent Developments:
Oracle released a revised version of the Oracle Human Capital Management Cloud in March 2019, which offers an improved user experience.

In February 2019, Infor, an enterprise software company, partnered with MODERN HIRE to integrate interviewing technology and predictive talent analytics for the hiring process. This will help users make interviews more automated and smarter. It also allows companies to hire top talent quickly.

Key questions answered in this report:
What will be the market size by the end of the forecast period?
What are the factors driving the growth of the market?
What are the trends and developments that are likely to drive the growth of the market?
Who are the key players operating in the market?
What are the challenges, threats, and opportunities faced by the leading players?
What are the strengths and weaknesses of the key players of the market?

Buy Full Report with Detail Analysis with COVID-19 Impact – https://straitsresearch.com/buy-now/workforce-analytics-market/global/

Would you like to discuss Workforce Analytics Market challenges with the experts at Straits Research?

For more details, please contact us -
Straits Research
Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY 10022
Tel: +1 646 480 7505, +44 208 068 9665
Website: https://straitsresearch.com/

About Us:
Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enable us to determine greater insights by eliminating the research costs.

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