Increasing digitalization and globalization are playing prominent roles in shaping the transformation witnessed in workplaces. An escalating need to foster creativity, boost productivity, and improve employee engagement has led to the deployment of innovative technologies and new business strategies. Infrastructure modernization, implementation of flexible work policies, and adoption of Cloud...
Discover more insightsThe global landscape of workforce management is presently characterized by several notable trends. Technology has proven to be a major catalyst, giving rise to automation and digitalisation. These emerging trends involve using sophisticated tools for rostering, attendance tracking, and payroll systems, all aiming to drastically improve efficiency and accuracy. Furthermore,...
Discover more insightsThe digital evolution is shaping the dynamics of various industries, including that of performance management software. The surge in remote work structures and need for streamlined operations calls for a more sophisticated, reality-based performance management software system. These platforms aim to improve the efficient measurement, reporting and enhancement of individual...
Discover more insightsWith a more significant shift towards a customer-centric business model, outsourcing customer experience services has emerged as a critical strategy. The aim is to strike a perfect balance between cost-effectiveness and delivering high-quality interactions consistently. This is achieved by tapping into the expertise and resources of external providers specializing in...
Discover more insightsThe integration of workplace hub services into conventional business operations has perceived major technological shifts. High-tech advances such as AI, machine learning, cloud computing, and big data analytics have ushered in a new era, tending towards hyper-convergence of information technology (IT). These technological gateways have enabled end-to-end service provision, propelling...
Discover more insightsIn the realm of business plan software, three primary platforms dominate the landscape. Desktop-based software offers robust functionality, especially in the spectrum of data analysis and reporting. Notwithstanding, the rise of cloud computing has precipitated a shift towards cloud-based software, due to their advantage of ease of access, real-time collaboration...
Discover more insightsA shift has been evident in healthcare management dynamics over the past decade. Primarily due to increased patient influx alongside intricate organizational structures, health institutions grapple with administrative challenges, among them, scheduling of medical practitioners. Thus, the necessity for sophisticated management tools, physician scheduling systems in particular, has been brought...
Discover more insightsHuman Capital Management (HCM) and Payroll applications form the backbone of workforce management in many organizations. These tools are poised for significant evolution as they align with growing trends like AI integration, data analytics, and user-friendly interfaces. The growing reliance on data-driven decision-making promotes comprehensive systems that extend beyond payroll...
Discover more insightsThe Applicant Tracking Systems (ATS) market is witnessing several transformative shifts. Digitalization, surge in remote work, and a renewed focus on diversity and inclusivity are fast becoming the deciding factors for businesses globally. The incumbent ATS providers are embracing artificial intelligence (AI) and deep learning to enhance efficiency, reduce lead...
Discover more insightsThe advent and subsequent evolution of technology have brought about significant shifts in the operation of billing software infrastructure. A key trend observed here is the increasing shift towards cloud-based solutions, driven by their flexibility, cost-efficiency, and ability to prompt automatic updates. Moreover, the proliferation of Artificial Intelligence (AI) and...
Discover more insightsIntegration has become a prime concern in recent years, as businesses are seeking to enhance productivity and reduce complexity. Incorporation of information technology tools into work management systems enables the seamless transfer of data across different platforms, thus improving coordination and decision-making workflows. Integration also reduces process redundancy and encourages...
Discover more insightsThe traditional constructs of employment are undergoing a shakeup. Technological advancements, pivoting societal norms and increasing decentralization are driving this transformation. Businesses are integrating smart systems and automation capabilities to redefine jobs and improve performance. Additionally, shifting norms precipitated by varying global phenomena are pushing for adaptable, flexible work models,...
Discover more insightsThe Israel-based company, Teva Pharmaceutical Industries Ltd., is a notable player in the global pharmaceutical sector. Steeped in a century-long history, Teva is recognized for its extensive product range, particularly in generic and specialty medicines and API (Active Pharmaceutical Ingredients). Notwithstanding a global reach, Teva has maintained its operational presence...
Discover more insightsThe disruptive impact of COVID-19 has significantly realigned the labour market landscape, essentially accelerating the reliance on Internet-based recruitment. As physical workplaces reel under lockdown restrictions, the shift towards telework has instilled a propensity for utilizing digital platforms for hiring. This transition has not only renewed employment strategies but has...
Discover more insightsThe formwork system industry is subject to constant shifts due to several impactful factors. Advances in technology have resulted in streamlined processes, reducing both cost and time of construction, thus increasing demand. Regulatory changes have also influenced this sector as more stringent laws regarding safety and environmental sustainability come into...
Discover more insightsSeveral global trends, notably digitization and globalization, have significantly impacted the field of HR Advisory Services. Tech advancements have delivered advanced, data-driven tools, promoting strategic decision-making and efficient workflow management. Meanwhile, globalization heralds an era where businesses now manage diverse, geographically scattered workforces, requiring a deep understanding of varying cultural...
Discover more insightsThe recent developments in technology have sparked a revolution in numerous sectors, the claims processing software market being no exception. The ascendance of technology and digital infrastructure is paving the path for automated, streamlined, and highly efficient claims processing systems. Historically hampered by bureaucratic hurdles, the industry has embraced digitization...
Discover more insightsAs the world is getting more technologically advanced, tax preparation is also not untouched from this. Deployment options for tax software majorly include cloud-based and on-premise solutions. While on-premise deployment is preferred by larger corporations for greater control and security, cloud-based solutions are gaining traction among small and medium-sized enterprises...
Discover more insightsIn the realm of digitalization, businesses are increasingly leveraging database software for storing, managing and retrieving data. The importance lies not only in the storage capabilities but also in the accessibility, enhancement of workflow efficiency, and reduced susceptibility to information loss. Such elements prove essential in strategic decision making, process...
Discover more insightsThe global health workforce management landscape is going through a period of significant transformation, shaped by several prevailing trends. Among these are the digitization of healthcare systems, the increasing demand for healthcare services due to growing and aging populations, and the global shortage of healthcare workers. As these trends apply...
Discover more insightsThe ongoing digital transformation and the surge in remote work have fueled the demand for efficient ways to manage and access digital files or documents. Enterprises of every size, across industries, are striving to extract meaningful and actionable insights from their voluminous data reserves, thus driving the growth of the...
Discover more insightsThe heightened awareness of the importance of mental health in workplaces and the rising cases of stress-induced illnesses among employees are significantly contributing to the growth and valuation of the Employee Assistance Program Services market. This sector is witnessing solid organic growth fueled by these compelling demand aspects. A more...
Discover more insightsGlobally, the payment analytics software market is experiencing substantive growth, a trend that can be largely attributed to increasing digitisation in the commercial sector and the growing prominence of fintech companies. Businesses are leveraging advanced technologies such as AI and Machine Learning to analyse payment data for optimising strategies and...
Discover more insightsGlobalization, growing complexities in compensation plans, and organizational structures are driving demand for efficient software for payroll management. Progressive companies aim to simplify their payroll processes, ensure compliance with constantly changing rules and regulations, and mitigate potential regulatory penalties. Furthermore, the surging trend towards remote work, flexible staffing and societal...
Discover more insightsIn the context of market segment studies, an observable pattern is that organizations are increasingly focused on enhancing the value derived from their people assets. This involves adopting a strategic approach for maximizing the potential of human resources, oftentimes driven by technological tools and solutions. With fast paced changes in...
Discover more insightsThe process for enrolling patients in clinical trials is undergoing significant change. With the rise in digital technology, recruitment methods have greatly expanded beyond traditional physician referrals to include online platforms and social media channels. This not only broadens the scope for participant sourcing, but it also accelerates the enrolment...
Discover more insightsSeveral evolving trends contribute to the future realm of global award management software. Predominantly, there's an increasing focus on automation and AI, enabling firms to streamline their award management processes, thereby enhancing efficiency and cutting costs. Simultaneously, mobile accessibility of these platforms is on the rise, given the growing exigency...
Discover more insightsThe healthcare industry is witnessing a surge in outsourcing as hospitals grapple with increasing operational complexities and cost pressures. Dealing with day-to-day auxiliary functions can be a detraction from the fundamental focus areas in healthcare, namely patient care and health outcomes. Consequently, hospitals are increasingly turning to specialist providers for...
Discover more insightsRecent advancements in the human resources (HR) analytics segment have dramatically changed the business landscape. Critical trends include the increased integration of artificial intelligence (AI) and machine learning, providing businesses with predictive analytics, workforce planning, and enhanced decision making. Moreover, real-time analytics and personalised HR services have emerged, enabled by...
Discover more insightsThe scheduling software market, encompassing appointment and on-call facilitation platforms, has witnessed significant transformation. Historically, it was a niche, largely dominated by specific industries with predictable scheduling patterns. However, global digitisation, coupled with the COVID-19 pandemic, has spurred a broader adoption. The market is now flourishing with new businesses and...
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