| |July 20186CIOReviewEditorialGrand View Research Inc. has recently released a report that projects the HRMS market size to reach $30 billion by 2025, with a CAGR of more than 10 percent. This growth in the HRMS market can be attributed to talent management sectors (recruiting, training, performance management/BI, and leadership/succession management) as well as to the shift to software-as-a-service (SaaS) model. Trends such as big data, analytics, wearable technology, the consumerization of applications, mobile first, and BYOD are grabbing mindshare today. On the global level, in both mature and emerging geographical markets, the movement of HR technology to the cloud is expected to continue to create more opportunity for HRM platforms that can truly support the complexity of global implementations. Owing to such consistent technological breakthroughs, HRM systems are becoming increasingly advanced. Faster information processing, enhanced program development, improved information accuracy and effective employee communication are some of the key value propositions of HRMS that have evolved over the years. With increasing adoption of cloud based applications by SMEs, the demand for these systems is expected to increase significantly in the near future. Many HR leaders say that changes in the workforce and the adoption of new technologies are driving new metrics for the measurement of successful HR, such as workforce adaptability and agility in today's volatile, uncertain business reality. It's a perfect environment for disruptive new brands to enter the market with new approaches as HR leaders look for technologies to support their work as they strive to transform their processes. In this issue, CIOReview India has come up with a list of 20 Most Promising HRMS Solution Providers who have proved their mettle in this domain with their innovative offerings. These companies pride themselves on keeping pace with the latest technological advancements in this field. We hope this issue gives you helpful insight into this market landscape. Sudhakar SinghEditorsudhakar@cioreviewindia.comHRMS becoming increasingly advanced VOL 6 · ISSUE 7-5 · JULY 13, 2018 PublisherOffice Editorial queries editor@cioreviewindia.com To subscribeVisit www.cioreviewindia.com/magazine-in or send email to: subscription@cioreviewindia.comCover price is Rs 150 per issueAshok KumarVirupakshi PattarAlok ChaturvediCIOReviewGroup Art DirectorVP - Sales & MarketingMagendran PerumalCirculation ManagerEditorial TeamCIOReview No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Vetrivel SSiva Sankar SManjunathCIOReviewEditorSudhakar SinghVisualizersAdvertising queriessales@cioreviewindia.comBangaloreTel 080 46441103Sales & MarketingAmrit SinghIndranil ChakrabortyRavi Kalgi Rohit RaghubanshiAmeet Kumar SahooPrinted and published by Alok Chaturvedi on Behalf of Bizprint Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Copyright © 2018 Bizprint Media Technologies Pvt Ltd, All rights reserved. Re-production in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Chitra MishraLakshmi GNazish HussainShaheen SaikiaSeena KennethSuchita GonsalvesVinisha PaivaNoidaTel 120 4639300
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