In the recent Forrester Wave™: Human Resource Management Systems, Q1 2012 Report, Workday was named a "leader" in the evaluation, receiving the highest scores of the group in both the current offering and strategy categories. Workday also received top scores for technology, customer experience, and for a range of categories covering specific HRMS functionality. The report indicates, "Workday's strong core HR functionality and advanced SaaS technology platform play well against perennial Leaders Oracle and SAP, which offer breadth and global reach with a more traditional on-premises or hosted deployment approach."
Join Paul Hamerman, vice president and principal analyst at Forrester Research, Inc., and Amy Wilson, vice president of HCM Strategy at Workday, to discuss industry trends, and HRMS criteria and assessment within the Forrester Wave Report. They will also discuss why closely evaluating your HRMS strategy is a necessity in this evolving market.
Introductions, welcomewe’re excited to have you with us today. A big topic recently has been the acquisition of talent management vendors by the big ERP players in the market place (with Oracle purchasing Taleo and SAP purchasing SFSF). Can you speak a little as to your thoughts on the recent consolidation in the market place? Do you think this was expected and do you foresee much more consolidation in the HRMS space in the near future?
we’re excited to have you with us today. A big topic recently has been the acquisition of talent management vendors by the big ERP players in the market place (with Oracle purchasing Taleo and SAP purchasing SFSF). Can you speak a little as to your thoughts on the recent consolidation in the market place? Do you think this was expected and do you foresee much more consolidation in the HRMS space in the near future?
Can you speak to true SaaS versus hosted SaaS models and how they vary in their offerings?
Are there any other trends you think are important to make note of in the near future? (the move away from core accounting systems to people-centric solutions, etc)
There has of course been a fair amount of discussion regarding the Forrester wave HRMS evaluation – can you briefly explain why this report came about and the rigorous research that goes into it?How are the vendors selected & narrowed?How many evaluation criteria are there?How do you decide the weighting of these criteria?
Can you comment on Workday’s evaluation in particular? How does the functionality compare to the others generally and how Workday places in terms of setting up for the future?
In your evaluation, you referred to strengths of Workday including usability, system structure and flexibility, mobile accessibility and global applicability.Can you speak to how important usability in enterprise systems is for end users?Why is system structure and flexibility so important for enterprise businesses to consider (in terms of agility and cost)With the current economic climate and continuous globalization, can you comment on the need to have a system that is global at its core, in order to ensure consistency while allowing flexibility through configurability?