Market Share of GCC Human Capital Management Software Industry
The GCC human capital management software market is fragmented due to the presence of both global players and small and medium-sized enterprises. Some of the major players in the market are SAP SE, Oracle Corporation, Infor Group, ADP LLC, and Akrivia HCM. Players in the market are implementing various approaches, including partnerships and acquisitions, to improve their range of products and achieve long-term competitive advantages.
• January 2024 - United Arab Bank (UAB), a financial solutions firm for individual and corporate customers in the UAE, reported it would venture into a digital transformation powered by global technology company SAP SE, with Amazon Web Services (AWS) securely hosting the data. UAB is extending the use of SAP SuccessFactors by moving the HR core to the cloud. The end-to-end HR solution enables a flexible working environment with more significant employee mobility.
• November 2023 - Al Ghurair Investment, a diversified family business group in the Middle East, announced deploying Oracle Fusion Cloud Human Capital Management (HCM) to improve its human resource management process. Through this partnership, Al Ghurair seeks to empower its employees through greater autonomy to manage HR tasks, self-service capabilities, and improved access to training initiatives.
GCC Human Capital Management Software Market Leaders
-
SAP SE
-
Oracle Corporation
-
Infor Group
-
ADP LLC
-
Akrivia HCM
*Disclaimer: Major Players sorted in no particular order
