Top HR Thought Leaders Predict More Cloud Computing in 2015

Employers are Flocking to Cloud Based Workforce Management Systems

Workforce management (WFM) technologies are changing before our eyes, offering organizations more choices than ever. Here's one trend to keep in mind when looking to enhance your workforce management programs.

Clouds in the Forecast

Employers are flocking to cloud-based WFM systems in growing numbers. By 2018, cloud-based Software-as-a-Service (SaaS) products are expected to account for more than 50% of the software market.[i]

In fact, 40% of HR and HRIT executives say that, when shopping for new WFM programs, they’ll only consider SaaS products, according to a recent survey of more than 1000 respondents.[ii]

Cloud adoption is becoming so pervasive; some service providers have developed models for classifying their corporate clients’ proficiency, such as RightScale Cloud Portfolio Management’s four-tier Cloud Maturity Model.[iii]

“Eventually, everything will be in the cloud because of the freedom and flexibility it brings,” says Mike Haberman, SPHR, author of the blog HR Observations and founder/partner at Omega HR Solutions.

Employers are taking note of the benefits offered by cloud-based WFM systems, including:

• Greater scalability
• Centralization of software
• Outsourcing of technology infrastructure
• Cost savings
• Less maintenance; faster, easier updates

“In 2015, the cloud will be less of a discussion and more of a given,” says Steve Boese, author of Steve Boese’s HR Technology blog, Technology Editor at LRP Publications and Host of the HR Happy Hour Show and Podcast.

Download our ebook, Top HR Thought Leaders Predict Workforce Management Tech Trends for 2015 & Beyond, to learn what other key technology trends are changing the HR landscape.

[pardot-form height="275" id="7390" title="Top HR Thought Leaders Predict WFM Tech Trends ebook"]

[i] Samuel Grinter, IHS Technology, “Five Global Trends Shaping the Future of Workforce-Management Solutions,” June 2014,  retrieved from https://technology.ihs.com/506918.

[ii] Towers Watson, “Companies Worldwide Spending More on HR Technology, Towers Watson Survey Finds, June 2014, retrieved from https://www.businesswire.com/news/home/20150615005082/en/Investment-HR-Technology-Continues-Grow-Towers-Watson.

[iii] Kim Weins, RightScale.com, “Cloud Computing Trends: 2014 State of the Cloud Survey,”  April 2104, retrieved from http://www.rightscale.com/blog/cloud-industry-insights/cloud-computing-trends-2014-state-cloud-survey.