A recent study conducted by IDG Connect revealed that 53% of the respondents, which included IT executives working in organizations with 1,000+ employees, are still using outdated on-premise solutions for Human Resources. Thankfully, more than half of those respondents are planning to switch to a cloud-based SaaS solution within the next six months.
Gartner Group projects 2015 SaaS sales will reach $21.3bn. Customer Relationship Management (CRM) is still SaaS’ largest market – however, HRM, ERP and CM solutions aren’t far behind.
SaaS is poised to revolutionize Human Resources. But what exactly is a SaaS solution? And why are SaaS solutions all the rage?