Alpharetta, GA, October 19, 2005 - Finding a "statistical, causal relationship between four key applications and operating income growth" is a key discovery in the CedarCrestone 2005 HCM Survey: Workforce Technologies and Service Delivery Approaches - 8th Annual Edition (CedarCrestone 2005 HCM Survey). The CedarCrestone HCM Survey is the most respected and referenced research initiative focused on workforce technology adoption. In 2005, it is now extended to also cover survey results on market adoption of service delivery approaches specifically related to outsourcing decisions.
Commenting on the findings of the survey, CedarCrestone COO, Neil Boyer, says "The 2005 survey results convey distinct trends and significant transformation in the HCM marketplace. The information presented in the survey provides the justification and prioritization support needed for organizations to leverage HCM solutions to their fullest."
Highlights from the CedarCrestone 2005 HCM Survey include:
● Service delivery approaches move to a balance between high-touch and high-tech
● Workforce technologies adoption continue to increase
● Results achieved are both strategic and financial
● Success factors are common sense business practices.
"This year, we dove deeper into outsourcing options," said Alexia Martin, Director of Research and Analytics, CedarCrestone "looking not only at the process components that organizations may outsource, but also how they handle technology and the people aspects of the ´right-sourcing´ decision."
Conducted between June 2005 and August 2005, the CedarCrestone 2005 HCM Survey, attracted 340 respondents from a wide variety of industries, representing 5,780,000 employees, from both global and non-global entities.
About the CedarCrestone 2005 HCM Survey
The complete survey data analysis is available free of charge from www.cedarcrestone.com/whitepapers.php.
About CedarCrestone
CedarCrestone provides consulting, hosting, and managed services for the deployment, management, and optimization of Human Capital Management (HCM), Financial Management Systems (FMS), Campus Solutions (CS), and Strategy & Analytics. Headquartered in Alpharetta, GA, CedarCrestone´s 500 employees deliver solutions in all industries, nationwide. To learn more about CedarCrestone´s collaborative approach to achieving client success, please visit www.cedarcrestone.com.