Josh Bersin (@Josh_Bersin) in his July ‘Forbes’ article provided a great summary of continuing disruption and innovation with the HR software market. Providing a timeline of changes (e.g., evolution of the HR software market – see below), Josh describes the intense competition occurring to capture the $14B+ market.
Josh also describes movement from ‘Talent Management’ to ‘People Management’ where vendors are bringing in Next generation performance management, team collaboration, feedback, video, engagement, wellness and other features/business processes that aid/drive the people side of businesses/organizations.