Cirencester (UK), October 2019 - Fosway Group, a leading European HR-industry analyst, has unveiled its 2019 Fosway 9-Grids™ for cloud based HCM (human capital management) and talent management systems.
The Fosway 9-Grids™ help to demystify the supplier side of the next gen HR, learning, and talent markets, assisting HR leaders in making informed decisions around their solution choices. It is the only industry analysis that is specifically targeted to help Europe-based HR decision makers compare supplier solutions based on their performance, potential, market presence, total cost of ownership, and future trajectory.
"The cloud is now the go-to place for HR, enabling it to transform the impact HR has in the business, as well as its processes and the engagement it has with employees," commented David Wilson, CEO of Fosway Group. "The emerging opportunities offered by artificial intelligence (AI), machine learning, and people analytics are also gamechangers for HR. As a result, investment in HR technology continues to increase, and suppliers need to evolve faster to meet the increasing pace of change for customers."
He continues, "2019 sees a major update to the 9-Grid™ for talent management, reflecting the growth and disruption of this area of the market. For the first time, we’ve included specialist solutions that focus on dedicated areas of the talent lifecycle such as employee engagement. They are distinguished from the full talent management suites on the 9-Grid™ itself, and highlight the increasing influence these specialist solutions have in the corporate buying cycle. Both new 9-Grids™ also feature new market entrants, and our assessment reflects how suppliers are evolving to tackle the challenges HR is facing today in European companies."
The Fosway 9-Grid™ model is now in its sixth annual research cycle and is based on independent research and insights from Fosway’s corporate research network, as well as market profiling, briefing activities, and customer feedback.
Each Fosway 9-Grid™ is accompanied by an analyst report, outlining the broader trends and context in each market.