Why HCM Solutions Are the Next HRTech Disruptors?

Fintec Buzz02 Sep, 2020Business

This article tries to justify the market surge of standard HCM Solutions through the HRTech angle and market disruption along with key observations on a recent news SaaS-based companies are witnessing a spike in their earnings, despite the pandemic hitting the economy hard. And one such company that offers SaaS models for Human Capital Management and Talent Management, Workday is soaring high with investors targeting their focus on Workday�s stock. The novel coronavirus may have gotten the world up against its back, but it has also led to people identifying different ways to get work done, including high adoption of tech structures and SaaS models. NASDAQ, on Wednesday, showed that the stocks of Workday were up by 8%, and shareholders are now anticipating that the stocks will show similar and more growth in the second quarter with gains in ongoing sales and an estimated 50% increase in adjusted earnings per share.