In the last few years we have seen exponential growth in Cloud technologies which has a huge impact on software and services today. In this post we present an excerpt from the recently released whitepaper entitled “Integrating the HR landscape on the Cloud” by Fosway Group and published by Docebo.
This excerpt highlights how Cloud and SaaS impact the Learning and Talent market today, and includes an overview about the drivers and obstacles regarding the adoption of a Cloud/SaaS based solution.
An integrated HR ecosystem: the Rise of the Cloud
by David Wilson, CEO of Fosway Group
For the vast majority of companies, HR systems were historically installed and run locally on the company’s own IT infrastructure. This is known as On-Premise. The systems were installed, configured, managed and supported within the corporation using its own IT staff (or often an HR IT group), or using external 3rd party resources. Over the past five years, there has been a significant shift to deploying these systems in the Cloud, on a Software-as-a-Service basis, where the hosting, management and maintenance/update of the systems is directly managed and supported by the providing vendor.
In research published in 20081, Fosway said that:
“The Cloud will have a significant impact on the Learning and Talent Systems market, and is a relevant and viable option for Enterprise customers as well as the Mid-Tier market.”
Research shows this view is now true. For recruiting, learning, performance and talent, the Cloud has already become the dominant deployment approach, and we now estimate that 75% or more of new solutions deployed in 2015 will be deployed in the Cloud.
From our recent research2, almost 80% of HR professionals said that Cloud HR systems are accepted in their organisations, and 40% see the Cloud as a critical or significant factor for changing their HR platforms, driven by better user experience, increased flexibility and reduced operating costs.
The following diagram summarises some of the main drivers and barriers organisations should consider with the shift to Cloud.
