Global Trend in Workforce Management IT Support Through 2018
The current trend of companies increasingly purchasing, integrating, and utilizing workforce management software and solutions has been on the rise. The global trend in workforce management software IT support is increasing. These companies are actively looking for highly trained workforce management professionals that can easily and efficiently implement or upgrade solutions such as Oracle, Kronos, and Infor so they don’t lose money or valuable time while maintaining or achieving workforce flexibility.
The need for technical consulting services continues to rise, and is projected to increase over the next few years. According to the American Staffing Organization, contract staffing and temporary sales in combination with search and placement services was $147 billion in 2015 in the US alone. This is an increase of 5.4% from 2014. The Bureau of Labor Statistics (BLS) corroborates this trend in its projections. BLS indicates a continual increase in technical consulting services through 2018.
The BLS industry output and employment projections to 2018 reports, “Strong job growth is expected due to continued business demand for advice on planning and logistics, implementation of new technologies, and compliance with workplace safety, environmental, and employment regulations.” The report continued, “For the management, scientific and technical consulting services industry, output is projected to rise by $115.4 billion (5.3% annually) and reach $287.2 billion by 2018, which places this industry among those with the fastest and largest projected output growth.”
Companies utilizing workforce management programs from software producers like Oracle, PeopleSoft, Kronos, Infor (formerly Lawson), ADP, and API (now known as GE Healthcare) will continue to need contract and permanent IT staffing and recruiting resources including certified project managers, database analysts, functional and technical consultants, business analysts, integration specialists, IT trainers, help desk, and education developers.
Organizations around the world have experienced a shift from outdated workplace management practices to computerized means of operating, scheduling, communicating, tracking and much more. With this shift, companies are employing software programs to increase efficiency in workforce management to remain competitive in today’s business environment. The software and computer programs in this sector that are available to businesses of all sizes continue to rapidly expand. The addition of mobile access has also generated growth in workforce management. Research and Markets reports an increase from $4,880.3 million in 2015 to $7,725.8 million in 2020 at a CAGR of 9.6% in their “Workforce Management Market – Global Forecast to 2020” report.