Abstract
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
- Methodology
- 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
- Learn More
- Related Research
- Synopsis

