HCM Technology Value Matrix 2022

Substantial roadblocks in attracting and retaining talent have driven an increase in investment throughout all areas of HCM, such as talent acquisition, benefits administration, learning and development, and high-demand tools including on-demand pay. The uncertainty of the work landscape has also led to increased adoption of HCM analytics, which enables organizations to take a more proactive approach to manage recruiting and retention issues and draw valuable insight from their HR data. Nucleus expects leaders in the HCM space to continue to focus R&D efforts on helping customers adapt to current conditions while subsequently preparing them for any necessary changes in strategy over the next 12 months.