Global workforce management software market in the healthcare sector to grow at a CAGR of 13.18 percent over the period 2014-2019.

Deerfield Beach, FL -- (SBWire) -- 07/20/2015 --Global Workforce Management (WFM) Software Market in Healthcare 2015-2019

Traditionally, workforce management was handled with the help of spreadsheets and time recording, which are time-consuming, can lead to non-productive idle times and poor customer services, and incur high operational costs. WFM software helps businesses to manage workforce scheduling, increase operational performance, and identify and solve workforce-related issues.Workforce Management (WFM) Software solutions can be deployed across organizations and are beneficial to all types of businesses as they ensure that the right people with the desired skills are recruited for a job.

Workforce management software market segmentation by application, deployment model and geography

This report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation by application, which includes time and attendance, integrated software, talent management, scheduling and analytics.

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Workforce management encompasses the following activities:
Time, attendance, and leave management
HR administration
Performance management
Budgeting of workforce
Talent management
Activity management
Training and development

The analysts forecast global workforce management software market in the healthcare sector to grow at a CAGR of 13.18 percent over the period 2014-2019.

The analysts have segmented the market projections by key geography and also by two deployment models for WFM software, namely on-premises and SaaS-based.

"Cloud-based WFM solutions are more cost-effective than on-premises options as they enable the pay-as-you-go model. Additionally, they allow organizations to scale up modules easily and come with easy-to-use and self-explanatory apps and interfaces,".

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Covered in this Report:
This report covers the present scenario and the growth prospects of the global workforce management software market in the healthcare sector for the period 2015-2019. To calculate the market size, the report considers revenue generated from the following:

Installations
Sales
Service
Software licenses
Technical support
Maintenance

The report provides the revenue generated from the deployment model:
On-premise
SaaS

The report also provides the revenue generated from the applications:
Time and attendance
Talent management
Integrated software
Scheduling
Analytics

The report, Global Workforce Management Software Market in Healthcare Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Workforce management (WFM) software: Market scope and calculation of market size

This report covers the present scenario and the growth prospects for global workforce management (WFM) software market in healthcare from 2015-2019. To calculate the market size, it considers the revenue generated through the installation, sale, service, licensing, technical support and maintenance of WFM software solutions.

Key Vendors:
Infor Global Solutions Inc.
Kronos Inc.
McKesson Corp.
SAP AG