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Technavio Publishes Industry Analysis on the Workforce Management Software Market in the Retail SectorTechnavio, a tech-focused research firm, has published a new report on the global workforce management software market in the retail industry, which is expected to grow at a CAGR of 6% from 2015-2019. About the Report The latest market research report by Technavio indicates that workforce management (WFM) software supports the growth of an organization by streamlining business processes and improving operational efficiency, which is increasing its adoption among SMEs. "WFM software helps SMEs increase their revenue, improve workforce utilization and reduce the cost of acquiring and managing their workforce," says Faisal Ghaus, Vice President of Technavio. With the availability of effective WFM software, SMEs can help their sales, marketing, and support staff function as a team and manage store activities, thus eliminating excessive manual processes. The new Technavio report also emphasizes the emergence of a cloud-based approach to workforce management. The deployment of cloud-based WFM solutions is cost-effective as compared to on-premises options, and vendors provide cloud solutions on a pay-per-use basis, which is beneficial for SMEs. Market Scoe and Calculation of Market Size The new report covers the present scenario and the growth prospects of the global WFM software market in the retail industry from 2015-2019. To calculate the market size, it considers the revenue generated through:
Key Information Covered in the Report:
Technavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the workforce management software market:
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