Gartner Research

Market Impact: Cost Optimization and Remote Working Will Redefine HCM Technology Spending in 2020 and 2021

Published: 11 June 2020

ID: G00723552

Analyst(s): John Kostoulas , Chris Pang

Summary

COVID-19 and the accompanying economic downturn will reduce short-term HCM software spending due to a cost optimization shift. In 2020/2021, HCM technology and service providers must focus on retention of their installed base while adjusting their products and positioning toward tactical spending.

Table Of Contents

Overview

Analysis

Impacts and Recommendations

Gartner Recommended Reading

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