The recently published Human Capital Management (HCM) Data Quadrant report from Info-Tech Research Group offers in-depth insights to help organizations optimize workforce efficiency and talent management strategies. The report insights are backed by real user feedback on the firm's SoftwareReviews platform.
TORONTO, Jan. 14, 2025 - Info-Tech Research Group has published its annual; Human Capital Management (HCM) Data Quadrant report, which highlights the top providers of 2024 for both the enterprise and mid-market segments. The newly published report identifies eight HCM providers as Gold Medalists in the HCM category. The report findings are based on data from SoftwareReviews, Info-Tech's review platform and a leading source for insights on the software provider landscape.
HCM software streamlines HR processes by centralizing employee data and automating tasks like recruitment, payroll, and performance management. HCM provides valuable insights into employee engagement and helps businesses align their workforce with company goals, boosting productivity and satisfaction.
Info-Tech's Data Quadrant is a comprehensive evaluation tool that uses the feedback of IT professionals to rank software products based on likeliness to recommend, features scores, Net Emotional Footprint score, and vendor capabilities. These dimensions are aggregated into a Composite Score (CS), which reflects overall user satisfaction and determines the product's placement within the Data Quadrant. The firm's methodology ensures that rankings are based entirely on authentic user reviews, free from analyst opinions or vendor influence.
Data from 2,649 end-user reviews on Info-Tech's SoftwareReviews platform was used to identify the top HCM software providers for the 2024 HCM Data Quadrant report. The insights are published to support organizations that are considering options to streamline talent management strategies.
The 2024 Human Capital Management - Enterprise Gold Medalists are as follows:
- Workday HCM, 8.6 CS, ranked high for its employee record feature.
- Dayforce, 8.4 CS, ranked high for payroll administration.
- UKG Pro, 8.1 CS, ranked high for its availability and quality of training.
The 2024 Human Capital Management - Midmarket Gold Medalists are as follows:
- Rippling, 9.1 CS, ranked high for payroll administration.
- BambooHR, 8.9 CS, ranked high for quality of features.
- Humi, 8.8 CS, ranked high for its employee record feature.
- Gusto, 8.8 CS, ranked high for ease of implementation.
- Zoho People, 8.6 CS, ranked high for its time and attendance feature.
Analyst Insight:
"HCM solutions help businesses keep up with the fast pace of change in how we work today," says Ricardo de Oliveira, advisory director at Info-Tech Research Group. "The right system can simplify day-to-day tasks, improve employee engagement, and ultimately drive growth. It is not just about picking software that works right now but finding something that can grow and adapt as your workforce and business evolve."
User assessments of software categories on SoftwareReviews provide an accurate and detailed view of the constantly changing market. Info-Tech's reports are informed by the data from users and IT professionals who have intimate experience with the software throughout the procurement, implementation, and maintenance processes.
Read the full report: Top Human Capital Management Software 2024
For more information about Info-Tech's SoftwareReviews, the Data Quadrant, or the Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com.
About Info-Tech Research Group
Info-Tech Research Group is one of the world's leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.
To learn more about Info-Tech's divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.
Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm's Media Insiders program. To gain access, please contact pr@infotech.com.
For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.
About SoftwareReviews
SoftwareReviews is a division of Info-Tech Research Group, a world-class technology research and advisory firm. SoftwareReviews empowers organizations with the best data, insights, and advice to improve the software buying and selling experience.
For buyers, SoftwareReviews' proven software selection methodologies, customer insights, and technology advisors help maximize success with technology decisions. For providers, the firm helps build more effective marketing, product, and sales processes with expert analysts, how-to research, customer-centric marketing content, and comprehensive analysis of the buyer landscape.
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