Friday, October 30, 2020

Human Resource Software – Why We Should Use it

The HR Software Market is anticipated to grow at a daunting growth rate of around 10% until 2025. The market is generally triggered by the developments in IT, the inclusion of predictive analytics in the HR software process, growing acceptance of cloud among SMEs to efficiently manage field and office workforces, among others.


Furthermore, related benefits like digitalization of HR activities, dropping data idleness, quicker retrieval and distribution of information, refining the scalability of the business operations, digital storage and deep evaluation of data and information at each level, applying role-based system among the employees and management, enhancing security and efficiency, enhancing the efficiency of the employees and bringing about complete employee satisfaction, among others with the software are additional elements driving the market during the forecast period.

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Why Should We use Human Resource Software?

HR software helps Human Resource professionals in automating multiple critical tasks, such as preserving employee records, time monitoring, and benefits, which enables HR personnel to concentrate on recruiting efforts, workforce performance and engagement, corporate wellness, organizational culture, and so on. The human management software can be bought and executed as on-premise or cloud-based software.

Human Resource software streamlines and enhances human resources management in ever-growing ways. By choosing the latest Human Resource software that aligns well with the business operations, any organization can best handles its talent, and keep its employees happy and improve productivity.

One critical area where hr software is used is in the screening, monitoring, and reporting on application processes related to filling positions. With the increasing internet integration, job posts, monitoring open positions, and the ability to store resumes digitally, human resource managers can satisfy recruitment, screening, and perform all operations from a central computer terminal. The capacity to performing searches and monitor jobs and applications significantly accelerate processes that would otherwise be very time-intense to implement.

Best HR Software of 2020@ 

Major players in the HR software market are building progressive technologies and introducing new services in order to remain competitive in the market.

HR software is the advanced technology that optimizes the HRM of the company. The software streamlined and efficient working of the HR team and enables them to concentrate on more tactical tasks. Human resource software is the comprehensive software used in financial as well as other operations in the company. Its main functionality is assisting with people management, work automation, and managing employee database. The software comes in various pricing models offered by the best vendors in the market. These are software that is available for startups, small-sized business, medium-sized business, as well as large enterprises. The human resource software enables all sizes of businesses in core functionalities as well as strategic functionalities and manages entire HR work by enhancing productivity.

Recent Developments

# In May 2020, Toronto based Ceridian acquired Singapore based Excelity Global Solutions, a human capital management service provider.

# In February 2019, Ultimate Software, which creates cloud-based human resources management software was acquired by Hellman & Friedman Capital Partners for $11 Bn.

# In December 2019, Stone Point Capital acquired a majority stake in PrismHR.

Best HR Software in 2020 and the latest associated trends@ 

Thursday, October 29, 2020

North American Healthcare IT Market - Emerging Trends & Future Forecasts

 Research Methodologies Followed in This Study:


Primary Research:


Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess the dynamics of this market. The primary participants mainly include product managers, business development directors, sales managers, and healthcare providers across the industry.

Secondary Research:

Various secondary sources such as the US Department of Health and Human Services, Healthcare Information and Management Systems Society (HIMSS), National Association of Healthcare Quality, Centers for Disease Control and Prevention (CDC), Centers for Medicare and Medicaid Services (CMS), US Department of Labor, The Agency for Healthcare Research and Quality (AHRQ), Medical Records Institute, General Physician Hospital Organization (GPHO), Association of Information and Image Management (AIIM), The Economist Intelligence Unit, American Health Information Management Association (AHIMA), Healthcare IT News, World Health Organization (WHO), annual reports/SEC filings as well as investor presentations and press releases of key players have been used to identify and collect information useful for the study of the North America healthcare IT market.

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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1190

Revenue Growth Boosters:


The North America healthcare IT market size is projected to reach USD 239.9 billion by 2025 from USD 96.3 billion in 2019, at a CAGR of 16.4% during the forecast period

Major Growth Boosters:

A majority of this growth is attributed to the growing adoption of various healthcare IT solutions by providers to meet the heightened regulatory requirements for patient care and safety, increasing need to curtail soaring healthcare costs, and growing need to improve the quality of healthcare while maintaining the operational efficiency of healthcare organizations.

By end-users, the healthcare providers segment accounted for the largest share of the North America healthcare IT market in 2018

Based on end-users, the North American healthcare IT market is segmented into healthcare providers and healthcare payers. The healthcare providers segment is divided further into hospitals; ambulatory care centers; home healthcare agencies, nursing homes, and assisted living facilities; diagnostic and imaging centers; and pharmacies.

The healthcare payers segment is divided further into private payers and public payers. Hospitals form the largest end-user segment of the North American healthcare IT market, owing to the huge demand for various HCIT solutions among hospitals to manage the increasing load of patient information generated in hospitals and growing need to improve the quality of healthcare while improving operational efficiencies within organizations.

Recent Developments:

# In 2019, Cerner Corporation launched the Next-generation cognitive health platform.

# In 2019, GE Healthcare launched Edison Datalogue and my.Cryochain software.

# In 2019, Cerner Corporation collaborated with Uniform Data System for Medical Rehabilitation to integrate their solutions that would help improve workflow for inpatient rehabilitation facilities.

# In 2019, Epic Systems partnered with Teledoc Health to integrate Teledoc Health’s virtual care platform to Epic’s App Orchard that would help the company conduct telehealth video visits.

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Geographical Growth:


North America will continue to dominate the North America healthcare IT market during the forecast period

The market, by country, is segmented into the US, Canada, and Mexico. US accounted for the largest share of the North America healthcare IT industry in 2018 due to stringent legislative and accreditation requirements regarding healthcare, high adoption rate of HCIT technologies, regulatory requirements regarding patient safety, and the presence of a large number of IT companies, such as EPIC Systems (U.S.), Cerner Corporation (U.S.), McKesson Corporation (U.S.), Infor, Inc. (U.S.), and Allscripts Healthcare Solutions, Inc.

Major Players:

Some of the prominent players operating in the North America healthcare IT market are McKesson Corporation (US), Oracle Corporation (US), GE Healthcare (US), Siemens Healthineers (Germany), Philips Healthcare (Netherlands), Athenahealth, Inc. (US), Infor, Inc. (US), Cognizant (US), Dell Technologies (US), and CVS Health (US).

Best E-Commerce Platforms Market – Expected Surge in Revenue by 2023

 Market Overview:


E-commerce platforms help businesses in handling the online store processes, right from their inventory, to adding or eliminating products, to calculating taxes and fulfilling orders in the best possible way.

Expected Revenue Surge:

The e-commerce platform market has an estimated value of around 5.6 billion U.S. dollars in 2020 and is estimated to grow to approximately 6.7 billion U.S. dollars by 2023. With the fast growth of e-commerce sales, international retail e-commerce sales are predicted to reach 6.6 trillion U.S. dollars by 2023.

High spending capacity combined with an increase in spending on apparel is expected to upsurge the growth of the global eCommerce platform market over the next few years. Furthermore, the eCommerce industry has grown unusually well in the earlier years and is expected to witness exponential growth in the upcoming years.

Get the Global Overview of the Market:
https://blog.360quadrants.com/2020/e-commerce-platform/

Market Segmentation:

The market is categorized in five major regions that include North America, Asia Pacific, Europe, Middle East & Africa and Latin America regions. Amongst these regions, Asia Pacific is likely to lead the overall ecommerce platform market over the next few years. Increasing number of business formations is providing the best opportunities for the e-commerce platform service providers.

Based on type of platform, the market is classified into, commerce, order management, business intelligence, shipping and others, amongst which, commerce is accounted for the biggest market share in complete worldwide ecommerce platform market.

Recent Developments:

# In October 2019, Shopmatic which is the best e-commerce platforms acquired Combinesell to enhance automation and simplify the selling processes

# In September 2019, Shopify a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses acquired 6 River Systems to redefine fulfilment automation for e-commerce and retail operations.

360quadrants Releases Quadrant On Best E-Commerce Platforms@
https://www.360quadrants.com/press-release/360quadrants-releases-quadrant-on-best-e-commerce-platforms

# In March 2019, Shopmatic which is an e-commerce platform acquired Octopus Retail Management to help retailers synchronise inventory, on-board customers through mobile platform

# In November 2018, Shopify acquired Tictall which is a global community to discover the world’s independent brands

# In June 2018, Shopify acquired Return Magic which allows merchants to build loyalty while making shopping more convenient for consumers.

Patient Blood Management Market - Emerging Growth Boosters & Global Future Forecasts

Research Methodologies Followed in This Study:

Primary Research:

Extensive primary research was conducted after acquiring knowledge about the patient blood management market scenario through secondary research. A significant number of primary interviews were conducted with both the demand (healthcare providers, blood bank operators, physicians, and blood bank technicians) and supply sides (developers, manufacturers, and distributors of patient blood management products).

The primaries interviewed for this study include experts from the patient blood management industry (such as CEOs, VPs, directors, sales heads, and marketing managers of tier 1, 2, and 3 companies engaged in offering patient blood management products across the globe), purchase managers in healthcare provider organizations, blood banks, blood collection centers, plasma collection centers, and CROs.

Secondary Research:

This research study involved the extensive use of secondary sources, directories, and databases (such as D&B Hoovers, Bloomberg Businessweek, and Factiva), along with government databases, which were used to identify and collect information for this method-based, market-oriented, and commercial study of the market.

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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=131352979

Global Revenue Growth:

The patient blood management market is projected to reach USD 15.3 billion by 2024 from USD 10.7 billion in 2019, at a CAGR of 7.4% from 2019 to 2024.

Emerging Growth Boosters:

Globally, the demand for donated blood is increasing because of greater volume of sophisticated medical surgical procedures conducted and the increasing number of trauma cases due to road accidents. These procedures require blood transfusions to make up for blood loss incurred during the procedures. Thus, the rising number of accidents, trauma cases, and surgical procedures performed are contributing to the market growth, thereby increasing the need for patient blood management products.

Recent Developments:

In 2019, Abbott (US) received the US FDA approval for its ‘Alinity s’ blood culture screening system as well as the Afinion HbA1c Dx assay kit.
In 2019, F. Hoffmann-La Roche LTD (Switzerland) received the US FDA approval for its cobas Babesia Test for donor screening.
In 2018, Terumo BCT (Japan) and Stafa Cellular Therapy (US) entered into a collaborative agreement. Based on this agreement, Terumo BCT expands access to the StafaCT software to healthcare organizations.
In 2018, B. Braun Melsungen AG (Ireland) acquired the bloodlines business of NxStage Medical, Inc. (US), which operates under the Medisystems brand.
In 2018, Abbott (US) received a CE mark for its Alinity h-series to be used in the European Union.

The Asia Pacific region is expected to register significant growth during the forecast period of 2019-2024

The patient blood management market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific blood management market is expected to register significant growth over the forecast period due to the modernization of healthcare infrastructure, increasing prevalence of chronic lifestyle diseases, and rising awareness about blood donation & blood safety. China accounted for a major share of the Asia Pacific market, owing to a large patient pool and favorable government guidelines to improve healthcare infrastructure in the country.

Key Questions Addressed by the Report:

What are the growth opportunities related to the adoption of patient blood management solutions across the globe in the future?
# Which product segment will register the highest adoption rate during the forecast period?
Where will the advancements in products offered by various companies take the industry in the mid- to long-term?
Emerging countries have immense opportunities for the growth of the market. Will this scenario continue in the next five years?
Which end users are estimated to adopt patient blood management systems?
What are the key strategies adopted by the key players operating in the market?

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Major Leaders:

The prominent players in the patient blood management market include Haemonetics Corporation (US), Fresenius SE & Co. KGaA (Germany), Terumo Corporation (Japan), Immucor, Inc. (US), B. Braun Melsungen AG (Ireland), Macopharma (US), bioMérieux SA (France), Asahi Kasei Corporation (Japan), Bio-Rad Laboratories, Inc. (US), Abbott Laboratories (US), Grifols, S.A. (Spain), F. Hoffmann-La Roche Ltd. (Switzerland), LivaNova PLC (UK), Danaher Corporation (US), Mediware Information Systems (US), Kawasumi Laboratories, Inc.(Japan), Haier Biomedical (China), Diatron (Hungary), and BAG Diagnostics GmbH (Germany), among others.

An analysis of market developments between 2016 and 2019 revealed that several growth strategies such as product launches and enhancements, collaborations, partnerships, agreements, and strategic acquisitions were adopted by market players to strengthen their product portfolios and maintain a competitive position in the patient blood management market.

Wednesday, October 28, 2020

Accounting Software Market - Recent Developments & Emerging Trends

Emerging Trends in Accounting Software Market:

Developments such as SaaS have seen the industry introduce on-premise options to cloud-based services. Today, there are more technical challenges to the accounting process. The accounting trends are:

Bots and AI
 – Although artificial accounting technology is in its initial stages, growing numbers of companies are starting to use it as part of their services. Most of the suppliers released smart assistants using machine learning and AI to support financial advisers in their everyday tasks. All types of businesses, including entrepreneurs and small firms, may benefit from knowledgeable aides in accounting.

Two-tier design
 – Businesses often prefer to follow two different approaches to handle their budgets, leading to the drawbacks of some accounting strategies and ERP schemes. For example, a manufacturer may choose an ERP that delivers reliable manufacturing but weak accounting interface, as well as a different accounting system that will better support their requirements.

Read the Detailed Article on Best Accounting Software@
 
https://www.360quadrants.com/software/accounting-software

Remote Work Environment
 – Accounting leaders are therefore responding to the pattern by encouraging workers to work remotely which in the past wouldn’t have been feasible. Nevertheless, with technological advancements and the advent of accounting information systems, accounting professionals working from home will deliver outstanding results in their jobs as those in office environments.

Consulting Services
 – Researchers expect a blended strategy that will soon merge accounting technologies with feedback from financial advisors. This stems from the discovery of new analytics solutions that allow accountants to concentrate more on decoding data for deeper insights. In comparison to other accounts management activities, decision-making will still fall into the hands of individual beings and experts.

Global Market Overview:

In 2019, the Accounting Software Market reached USD 12.03 Bn and is expected to reach USD 19.6 Bn by 2025, at a CAGR of 8 percent over the 2020-2025 estimate period. The accounting software and financial management system industry has undergone many shifts in the last twenty years. One of the main shifts is to deliver accounting software applications focused on the cloud.

Accounting software is an application that manages and documents the company’s financial transactions in different modules such as payroll, receivable reports, payable accounts, general ledger, and balance sheets. These applications can either be created by the companies who choose to use them in-house, or they can be bought from service providers. The app can be web-based, available anywhere on any internet-connected computer, at any time, or it may be installed on a laptop. In terms of expense and complexity, it ranges significantly.

Read More About, Best Accounting Software Companies Of 2020@
https://www.360quadrants.com/press-release/360quadrants-releases-best-accounting-software-companies-of-2020

Recent Developments in the Industry:

#
 In March 2020, Freshbooks started its service in the United Kingdom. The firm has also rolled out a new set of functions geared toward British business needs.

#
 In November 2018, Xero a suite of online best accounting software for small businesses, accountants, and bookkeepers acquired Instafile which is a cloud accounting firm.

#
 In September 2018, Sage Intacct a financial management software acquired Budgeta Inc. a modern budgeting and forecasting solution empowering businesses to plan faster, smarter, and more collaboratively.

#
 In October 2016, Quickbooks acquired Bankstream which provides a daily, secure, reliable, and accurate feed of client transaction data.

Read More on Best Accounting Software for Medium-Sized Businesses@
​​​​​​​https://blog.360quadrants.com/2020/best-accounting-software-for-medium-sized-businesses/

Tuesday, October 27, 2020

Air Quality Monitoring System Market - Technological Innovations to Boost the Global Revenue

Major Research Methodologies Followed in This Study:

Primary Research:

The market comprises several stakeholders, such as demand-side (research laboratories, pharmaceutical & biotechnology companies, oil and gas companies, pharmaceutical companies, government organizations, and residential users) and the supply side (product manufacturers, contract manufacturers, and product distributors). Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Secondary Research:

In the secondary research process, various secondary sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard & silver-standard websites, regulatory bodies, and databases (such as D&B Hoovers, Bloomberg Businessweek, and Factiva) were referred to identify and collect information for this study.

Growth Boosters:

The major factors driving the growth of the AQMS market include the supportive government regulations for effective air pollution monitoring and control associated with the rising levels of air pollution, initiatives towards the development of environment-friendly industries, and increasing public awareness related to the environmental and healthcare implications of air pollution.

Download PDF Brochure@
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=183784537

The study involved four major activities in estimating the current market size for the air quality monitoring systems market. Exhaustive secondary research was done to collect information on the market and its different subsegments.

The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

Recent Developments:

#
In March 2019, Thermo Fisher Scientific (US) launched the TriPlus 500 Gas Chromatography Headspace Autosampler.

# In February 2018, TSI (US) acquired 3M’s (US) Personal Safety Division, which includes offerings focused on noise, environmental, and heat stress monitoring. TSI also acquired 3M’s Oconomowoc, Wisconsin facility.

# In November 2017, Emerson (US) collaborated with Fluenta (Norway) to provide ultrasonic flare gas measurement solutions for the oil & gas and chemical industries. This collaboration was aimed at improving energy efficiency and compliance with regulations to monitor and report flare gas emissions across the globe.

North America to dominate the AQMS market during the forecast period

Geographically, the AQMS market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America held the largest share of the market in 2019. Factors such as easy accessibility and fast adoption of advanced technologies among key stakeholders and the presence of stringent government regulations for effective pollution monitoring and control are contributing to the large share of the North American region.

Key Questions Addressed by the Report:

#
What are the growth opportunities related to the adoption of AQMS products across major regions in the future?
# Emerging countries have immense opportunities for the growth and adoption of AQMS products. Will this scenario continue in the next five years?
# Where will all the advancements in products offered by various companies take the industry in the mid- to long-term?
# What are the new trends and advancements in the market?

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Global Leaders:

The major players operating in the AQMS market include Thermo Fisher Scientific (US), Emerson Electric (US), General Electric (US), Siemens AG (Germany), Teledyne Technologies (US), PerkinElmer, Inc. (US), Agilent Technologies, Inc. (US), Spectris plc (UK), 3M Company (US), Honeywell International Inc (US), HORIBA, Ltd. (Japan), Merck KGaA (Germany), TSI Incorporated (US), Tisch Environmental (US), and Testo (Germany), among others.

Analysis of the market developments between 2016 and 2019 revealed that several growth strategies such as product launches, enhancements, strategic acquisitions, agreements, partnerships, collaborations, and expansions were adopted by the market players to strengthen their product portfolios and maintain a competitive position in the air quality monitoring systems market. Among these business strategies, product launches, agreements, and partnerships were the most widely adopted growth strategies by the players in the air quality monitoring systems market.

Project Management Software Market - Know More About Global Service Providers

Market Overview:

Project interdependence is a major component of project management solutions since it is primarily used to organize tasks linked to a projected chain or a broader project. Users use the software to monitor various projects, monitor the progress of a team or individual, and evaluate the efficiency of a team. These products can be used practically in any industry where employees are required to organize projects, project tasks, and objectives for weekly, monthly, or yearly projects. Users typically have the ability to break down projects into assigned goals, create schedules for completing the project, assess progress, and collaborate with other members of the team.

Internet-based project management solution is useful in getting market presence, easily transforming strategy into a successful implementation strategy. Often, an online project management solution is used to view the visualizations in near real-time everywhere and anytime. It also helps the project supervisor stay up-to-date on the status of findings and make sure no latest information has been overlooked.

The global project management software market was valued at USD 3 billion in 2018 and is expected to reach USD 7 billion by 2026 with a CAGR of 14% during the forecast period. Best Project management software incorporates various frameworks such as resources, financial, time and inventory management so that administrators can handle projects cooperatively from idea through to execution.

Read Detailed Article@
https://www.360quadrants.com/software/project-management-software

Categorization of the Providers:

360Quadrants evaluated 45 companies in the best Project Management Software market, out of which 18 were categorized as Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Companies.

#
Asana, Smartsheet, Wrike, Airtable, Zoho Projects, Trello, Basecamp, MeisterTask, ClickUp, Teamwork, WorkFront, Aha! and Monday.com have been identified as Visionary Leaders, as they have established product portfolios and a robust market presence & business strategy.

#
Proofhub, and Teamleader have been identified as Innovators, as they have focused product portfolios and innovative business strategies.

#
Redmine has been identified as Emerging Companies, as they have niche product offerings and decent business strategies.

#
Flow, Freedcamp, EasyProjects and Thrive have been recognized as Dynamic Differentiators, as they are largely dependent on their competitive R&D activities.

Read More on the Global Providers@
https://www.360quadrants.com/press-release/360quadrants-releases-quadrant-on-best-project-management-software-providers

Project management software is a computer program that enables project managers and other team members to commence, plan, implement, track, and deliver projects of all sizes and kinds. Project management software has been created to plan and store project responsibilities and events, arrange agendas and deadlines, address project problems, allocate and manage project-related expenses, set up association and support among project members, manage quality, bring together project teams, and manage human resources as well as project updates.

The best project management software allows businesses to manage their projects through all the phases of the project lifecycle, right from project ideation and commencement to project implementation and conclusion.

360Quadrants has released a quadrant on best project management software to help businesses make quicker and more informed decisions. Ranking quadrants are generated post analysis of companies (product portfolios and business strategies) and will be updated every three months based on market and regional analyses and developments in the project management industry. 360Quadrants conducts an in-depth SWOT analysis that helps service providers learn about new opportunities and areas where they lag behind their peers. It also helps clients choose the most appropriate vendor for their requirements.

Top 5 Reasons to Use a Project Management Software, Here@
https://blog.360quadrants.com/2020/top-5-reasons-to-use-a-project-management-software/

Animal Parasiticides Market - Emerging Trends & Global Future Forecasts

The study involved four major activities for estimating the size of the animal parasiticides market. Exhaustive secondary research was done to collect information on the market, including its peer markets.

The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

Targeted Audience for This Study:

Animal Parasiticides Manufacturers
Animal Parasiticides Distributors|
Animal Health Research & Development (R&D) Companies
Government Associations
Research and consulting firms
Venture Capitalists and Investors

Expected Revenue Surge:

The
 Animal Parasiticides Market witnessed healthy growth during the last decade and is expected to grow at a CAGR of 5.7% between 2015 and 2020 to reach 9.75 Billion by 2020.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=258895412

What Drives the Market?

The growth of the global Animal Parasiticides Industry is primarily influenced by the following factors:

Rising Demand for Animal-Derived Food Products
Increasing Investments From Private Players
Growing Concerns Of Zoonotic Diseases
# Regulations for Preventing the Spread Of Animal Diseases
Growth Of the Companion Animals Market|
Rising Animal Health Expenditure

Geographical Growth:

Europe is the largest regional segment for animal parasiticides owing to the well-established animal healthcare market and growing R&D activities in this region. However, the market in the Asia-Pacific region is expected to grow at the highest CAGR, owing to rising pet adoption and increasing demand for animal-derived food products in India and China.

Major Leaders:

The market players, namely, Sanofi (France), Bayer AG (Germany), and Zoetis, Inc. (U.S.) together accounted for the largest share of the animal parasiticides market and will continue to dominate the market between 2015 and 2020.

Key Questions Addressed by the Report:

What are the geographic growth opportunities in the animal parasiticides market?
How growing consolidation in the animal health industry will impact the animal parasiticides market in future?

Read In-Detailed Report, Here@
https://www.marketsandmarkets.com/Market-Reports/animal-parasiticide-market-258895412.html

Monday, October 26, 2020

Best HR Software Market – All You Need to Know About Latest Trends

Market Overview:

The HR Software Market is anticipated to grow at a daunting growth rate of around 10% until 2025. The market is generally triggered by the developments in IT, the inclusion of predictive analytics in the HR software process, growing acceptance of cloud among SMEs to efficiently manage field and office workforces, among others.

Furthermore, related benefits like digitalization of HR activities, dropping data idleness, quicker retrieval and distribution of information, refining the scalability of the business operations, digital storage and deep evaluation of data and information at each level, applying role-based system among the employees and management, enhancing security and efficiency, enhancing the efficiency of the employees and bringing about complete employee satisfaction, among others with the software are additional elements driving the market during the forecast period.

Read Detailed Article@

Major Market drivers for HR Software

The Human Resource market is driven by the progressions in IT, the inclusion of predictive analytics in the HR process, growth in the acceptance of cloud among SMEs to efficiently manage field and office personnel, among others.

Human Resource Software comes with multiple beneficial features which can help organizations. By optimizing the human resource process the software increases organizational efficiency and productivity.

Trends in Human Resource Software: 2020

Looking at the impact that Human Resource Software has created on business, the growth in this market is predictable. Organizations need daily technical advancements in such software which will help them to automate many of its tasks and reduce manual work by boosting its productivity. Let’s see few trends in Human Resource Software:

# Artificial Intelligence & Machine Learning in HR software
# Virtual Workspace Technology
# People Analytics
# Real-time Feedbacks
# HR Cloud
# Integration with fitness apps
# Accurate Performance Assessment
# Data Security
# Predictive Analytics

Read More on Best HR Softwares of 2020@

Human Resource Software pricing

Human resource software pricing is another important factor for organizations. It definitely optimizes many tasks of HR department but its affordability has to be considered. HR software pricing depends completely on the features selected by the organizations. Many vendors come with customizable software where users need to pay only for the features they need and can get the customized product. While many also come up with the package that user need to pay either monthly or annually. For example: Zoho comes with a HR software Zoho People where users can select monthly plan ranging upto $ 4.16/employee/month. It also offers free plan. Human Resource Software reviews that are available on multiple websites make it easy to understand which vendor is offering best HR software along with affordable HR software pricing.

Sunday, October 25, 2020

ePrescribing Market - Global Leaders & Different Growth Strategies Adopted by Them

Global Growth Boosters:

Factors such as the increasing adoption of EHR solutions, government initiatives and incentive programs, rising focus on reducing the abuse of controlled substances, increasing focus on reducing medical errors, and the need to curtail the escalating healthcare costs are driving the growth of the e-prescribing market.

Additionally, the onset of the COVID-19 pandemic has accelerated the use of telemedicine modules and telehealth consultations. This is further driving the adoption of e-prescribing solutions. However, the high cost of deploying e-prescribing solutions, reluctance among healthcare professionals to adopt these solutions, and concerns regarding security and workflow are expected to restrain the growth of this market to a certain extent during the forecast period.

Revenue Growth Expectations:

The global ePrescribing market size is projected to reach USD 3.3 billion by 2025 from USD 1.2 billion in 2020, at a CAGR of 23.3%.

Download PDF Brochure@ 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=910

Global Leaders:

Some of the other prominent players operating in the ePresciribing market are Prominent players in the global e-prescribing market are NextGen Healthcare (US), athenahealth, Inc. (US), RelayHealth, LLC (US), Henry Schein, Inc. (US), GE Healthcare (US), Computer Programs and Systems Inc. (US), DrFirst, Inc. (US), Surescripts-RxHub, LLC (US), and Medical Information Technology, Inc. (US).

Growth Strategies Adopted by Major Players:

Major players in this market pursued the strategies of agreements, collaborations, and partnerships as their growth strategies.

Cerner Corpration (US)
 is a leading provider of e-prescribing solutions to hospitals, pharmacies, and officebased physicians. Cerner mainly focuses on inorganic growth strategies such as collaborations, agreements, and partnerships. In line with this strategy, Cerner collaborated with Mayo Clinic and OxfordClinic in London to help them leverage their Millennium EHR platform in the UK.

Epic Systems Corporation (US)
 accounted for the second-largest share of ePrescribing market in 2019. The company specializes in interoperable solutions and mainly focuses on the needs of mediumsized and large hospitals and integrated healthcare organizations. The company has adopted various inorganic strategies such as collaborations and partnerships, which has helped it to enhance its product offerings.

Allscripts Healthcare Solutions, Inc.(US) 
provides innovative clinical software and services that deliver significant benefits to patients and healthcare professionals. The company focuses on R&D activities to enhance its service offerings. In 2019, the company invested USD 254.5 million—about 14% of its total revenue—on R&D. In November 2018, Allscripts announced Veradigm as the new brand for its life science division and now provides e-prescription modules to healthcare providers under the Veradigm brand.

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Expected Geographical Growth:

North America will continue to dominate the ePrescribing market in 2025

In 2019, the large share of this North American region can be attributed to the stringent legislative and accreditation requirements regarding healthcare, high adoption of HCIT technologies, regulatory requirements regarding patient safety, and the presence of a large number of e-prescribing solution providers in the region.

Friday, October 23, 2020

Best e-Commerce Platforms – Global Market Overview

 Global Market Overview:

The global market size of best E-Commerce Platforms has been estimated at USD 6.5 billion in 2019 and is expected to rise at a compound annual growth rate (CAGR) of 16 per cent between 2020 and 2027. E-commerce tech simplifies complicated procedures and lets firms control their inventory, measure taxes and efficiently handle certain business-related functions. Growing people’s embrace of online shopping has contributed to a need for many retailers for e-commerce apps.

Although hundreds of products offer features for online shopping, they are not all e-Commerce platforms. The simple e-Commerce devices are widely referred to as shopping cart apps, and their roles are restricted to building the online store, inserting items, and integrating the cart on a website.

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Asia Pacific is expected to see the fastest development over the projected period. This recent surge is due to measures in their respective nations carried out by the government of countries like China and India to encourage digitalisation. Due to this, there has been significant growth in internet users.

The 
best E-Commerce Platforms tech industry is highly decentralized and marked by strong global competition, as many market participants perform their business operations across the world. The Best E-Commerce Platforms industry has witnessed numerous strategies of inorganic expansion, such as acquisitions and mergers, alliances, and cooperation that businesses have embraced in the past years.

In 2019 the cloud segment had the maximum share of the business. This is due to the growing proliferation of cloud-based technologies through various vertical lines of industry. Cloud-based delivery provides many benefits including flexible computing space, streamlined control, fast performance and redundancy. It is projected that the on-premise market would experience a CAGR of over 6.0 per cent between 2020 and 2027. On-premise installation limits the user’s complete control and thus decreases the need for extra security. The delivery process allows the customer complete power over the hardware and the program upgrades.

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Best E-Commerce Platforms offers hospitals, clinics, and other wellness institutes potential to simplify their buying decision of hospital devices and other supplies. The shift of manufacturing companies of medical devices to digital sites has given market players potential for advancement.

Visionary Leaders:

They have a strong portfolio of 
best E-Commerce Platforms, solutions, and associated services. These vendors have been marking their presence in the best e-Commerce Platforms market by offering highly customized and easily deployable software for their commercial clients, coupled with their robust business strategy to achieve continued growth in the market.

Emerging Companies:

The emerging players are specialized in offering highly niche and tailor-made solutions and services to their clients. A majority of the emerging vendors have been undertaking multiple acquisitions and boosting their sales capabilities in various regions to offer their integrated services to a wide range of clients.

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