Worldwide Workforce Performance Management 2008-2012 Forecast: Still a Hot Market:

Worldwide Workforce Performance Management 2008-2012 Forecast: Still a Hot Market

Product Type: Market Research Report
Published by: IDC
Published: May 2008
Product Code: R104-33644

Description

This IDC study provides IDC's forecast for the worldwide workforce performance management (WPM) software and services market. This document answers the following questions:

How can vendors distinguish their offering in a crowded market? How penetrated is the market, and how will this change over the next five years? How quickly is software-as-a-service (SaaS) delivery being adopted as the norm? What is IDC's Workforce Performance Management Maturity Model, and how can it be used to advance the discussion between buyers and vendors? What are the different buyers within an organization looking for in performance management?

"Employee retention will continue to be a key concern in 2008 for HR executives, despite a potential business downturn, given the very real demographic shifts occurring in the workforce," says Lisa Rowan, program director, HR and Talent Management Services. "Employers will be seeking ways to both automate and integrate talent functions, with the goal of identifying and retaining top performers. Performance management is a linchpin in this process."

Table of Contents

Table of Contents

IDC Opinion

In This Study

Methodology

Historical Market Values and Exchange Rates

Workforce Performance Management Definition

Figure: Talent Management Value Cycle

Figure: Dynamics of Workforce Performance Management

Situation Overview

Workforce Performance Management ? Going Beyond the Appraisal

The Current State of Workforce Performance Management

Buyer Perspective

Figure: Top Future Workforce Challenges

Figure: Top Talent Initiatives Planned Over the Next 12 Months

Vendor Perspective

Table: Five Most Recently Signed Workforce Performance Management Clients by Vendor

Table: Workforce Performance Management Providers by Number of Supported Client Employees

Market Maturity

Figure: Workforce Performance Management Maturity Model

Figure: Barriers to Adopting Integrated Talent Management

Future Outlook

Forecast and Assumptions

Figure: Worldwide Commercial Workforce Performance Management System Penetration, 2007?2012

Table: Worldwide Workforce Performance Management Software and Services Revenue, 2007-2012 ($M)

Table: Key Forecast Assumptions for the Worldwide Workforce Performance Management Market, 2008-2012

Market Context

Table: Worldwide Workforce Performance Management Software and Services Revenue, 2005-2012: Comparison of April 2007 and April 2008 Forecasts ($M)

Figure: Worldwide Workforce Performance Management Software and Services Revenue, 2005?2012: Comparison of April 2007 and April 2008 Forecasts

Essential Guidance

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Related Research

Synopsis

Ordering and More Information

Price and Delivery Options

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