Software and tech predictions have been the talk of IT town for a good bit of time, particularly when 2014 came to a close. Despite the fact that predictions are just that – predictions – and may either come to fruition or not, they point businesses in the right direction in terms of the trends to watch out for in their respective fields.
1. Continued growth in the HR software market
As summarized by a Market Research Media reportentitled “Human Resources (HR) Software Market Forecast 2015 – 2020,” the software market is expected to grow at a compound annual growth rate (CAGR) of 2.4% to reach $9.2 billion by 2020, a growth that will mostly be driven by talent management sectors – hiring, training, performance management, and succession management – and the continuing move to the (software-as-a-service) SaaS model…