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Workforce Management Software Market to Grow by USD 3.08 Billion (2024-2028), Driven by Regulatory Compliance, AI-Powered Report Highlights Market Trends – Technavio

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  NEW YORK, Nov. 12, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global workforce management software market size is estimated to grow by USD 3.08 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  7.66%  during the forecast period. Regulatory compliance associated with workforce management is driving market growth, with a trend towards rising adoption of digital HR technology. However, high implementation and maintenance cost of WFM software  poses a challenge.Key market players include 7shifts, ActiveOps PLC, Advanced Computer Software Group Ltd., ATOSS Software AG, Automatic Data Processing Inc., Bamboo HR LLC, International Business Machines Corp., Koch Industries Inc., NICE Ltd., Oracle Corp., Panasonic Holdings Corp., Paycor Inc., PTC Inc., Rippling People Center Inc., Sage Group Plc, SAP SE, UKG Inc., Verint Systems Inc., Workday Inc., Zoho Corp. Pvt. Ltd., and Ceridian HCM Holding Inc..

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Workforce Management Software Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.66%

Market growth 2024-2028

USD 3077.64 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.46

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 38%

Key countries

US, Canada, China, UK, and Germany

Key companies profiled

7shifts, ActiveOps PLC, Advanced Computer Software Group Ltd., ATOSS Software AG, Automatic Data Processing Inc., Bamboo HR LLC, International Business Machines Corp., Koch Industries Inc., NICE Ltd., Oracle Corp., Panasonic Holdings Corp., Paycor Inc., PTC Inc., Rippling People Center Inc., Sage Group Plc, SAP SE, UKG Inc., Verint Systems Inc., Workday Inc., Zoho Corp. Pvt. Ltd., and Ceridian HCM Holding Inc.

Market Driver

The Workforce Management Software market is witnessing significant growth due to the increasing trend of remote work and the need for efficient Employee Management, Labor Management, and HR Management in various industries. Healthcare, Construction, Packaging, Aerospace, and Manufacturing sectors are major end-users. Cloud computing, including private cloud, is driving the market with its benefits of process transparency and scalability. Key features include workforce prediction, scheduling, task management, rewards, and time and attendance. Vendors offer employee scheduling software, labor analytics, forecasting, and scheduling optimization. Big data, budgeting, and workforce scheduling are essential for workforce optimization. Remote workforces, including contact centers, back offices, and field service providers, require workforce management solutions for productivity and compliance with labor laws. AI and Machine Learning are integral for data analyzing and predictive analytics. The market is expected to grow further with the adoption of digital solutions, mobile applications, and hybrid workforces. 

Organizations are shifting their focus towards enhancing the employee experience by digitalizing HR processes and systems. This trend is driven by the increasing use of mobiles as a preferred channel for work by employees. Mobile applications, social media, analytics, and cloud technologies are key digital HR technologies playing a pivotal role in this transformation. By integrating these technologies, organizations can provide a single platform for managing HR functions, improving communication, and enhancing employee engagement. Digital HR technology enables the creation of mobile apps for various HR disciplines, leveraging video, social, and mobile technologies to enrich the employee experience. It also offers advanced analytics capabilities to gain insights into workforce performance and trends, enabling data-driven decision-making. Overall, digital HR technology is a game-changer for organizations, enabling them to streamline HR processes, improve employee engagement, and stay competitive in today’s digital world. 

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 Market Challenges

The Workforce Management Software market is experiencing significant growth due to the increasing need for efficient employee and labor management in various industries. Remote work and healthcare sectors face unique challenges in managing their workforces, requiring advanced software solutions for scheduling, task management, and time tracking. Businesses in industries such as construction, packaging, aerospace, and manufacturing require labor management software for optimizing workforce prediction, scheduling, and resource allocation. Cloud computing plays a crucial role in workforce management, with both public and private cloud solutions offering process transparency, scalability, and accessibility. HR management, employee scheduling, time and attendance, and labor analytics are key features of these software solutions. Workforce optimization, including predictive analytics and budgeting, is essential for businesses to stay competitive. AI and machine learning technologies are being adopted to improve productivity, customer service, and employee training. Compliance with labor laws and regulations is also a critical consideration. Vendors offering workforce management software must provide solutions that cater to hybrid workforces, including remote employees, in-store employees, field service providers, and contact centers. Big data and real-time analytics enable businesses to make informed decisions about workforce scheduling, forecasting, and budgeting. Overall, workforce management software is essential for businesses to effectively manage their workforces, ensuring productivity, compliance, and employee satisfaction.The workforce management software market faces a significant challenge due to the high cost of deployment. This expense consists of the software licensing fee, system design and customization costs, implementation costs, employee training expenses, and ongoing maintenance fees. Following the software purchase, organizations must hire IT personnel for proper implementation. Post-implementation, continuous upgrades are necessary to remain competitive. Consequently, the high implementation and maintenance costs may impede the expansion of the global workforce management software market during the forecast period.

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Segment Overview 

This workforce management software market report extensively covers market segmentation by  

End-user 1.1 IT and telecom1.2 BFSI1.3 Healthcare1.4 Manufacturing1.5 Consumer goods and retail and othersDeployment 2.1 Cloud based2.2 On-premisesGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 IT and telecom-  Cloud-based workforce management software allows employees to access the system from anywhere with an internet connection, enabling remote workforce management, time tracking, scheduling, and communication. The cloud- segment is projected to expand rapidly due to its ability to collect, store, and provide global information from a single access point. This information can be updated in real-time and is accessible anytime, anywhere. Cloud-based applications ensure reliability, offer enterprise visibility, and accommodate unique HR requirements worldwide. Deployment is faster compared to on-premises solutions, and updates and new features can be seamlessly rolled out by providers. These benefits have fueled the growing demand for cloud-based workforce management software, particularly in dynamic and remote work environments. This trend is expected to continue driving the growth of the global workforce management software market during the forecast period.

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Research Analysis

The Workforce Management Software market is a dynamic and evolving industry that caters to businesses seeking to optimize their workforce and streamline operations. This software is essential for managing remote teams, healthcare organizations, and various industries such as retail, hospitality, and field services. Employee management, labor management, and staff management are key functionalities, enabling businesses to schedule, track time, and manage tasks effectively. Workforce prediction, forecasting, and scheduling optimization use big data and AI for productivity gains. Mobile applications allow for real-time access to in-store employees and field service providers. Compliance with labor laws is ensured through integrated features. Additionally, employee training, labor analytics, and customer service are enhanced with business intelligence solutions, contact center platforms, and predictive analytics. Hybrid workforces require flexible solutions that cater to IT resources and various work environments.

Market Research Overview

The Workforce Management Software market is a dynamic and evolving industry that caters to businesses seeking to optimize their workforce in various sectors. This software enables effective Employee management, Labor management, and HR management through features like Remote work support, Scheduling, Task management, and Time and Attendance tracking. The market spans across industries such as Healthcare, Construction, Packaging, Aerospace, and Manufacturing, among others. Cloud computing, including Private cloud, plays a significant role in the market’s growth, ensuring Process transparency, scalability, and Accessibility. Workforce prediction, Forecasting, and Scheduling Optimization are crucial components, utilizing Big Data, AI, and Machine Learning for improved efficiency. Remote workforces, including Contact centers, Back offices, and Field service providers, are increasingly adopting these digital solutions for productivity enhancement. The market also caters to in-store employees, IT resources, and Hybrid workforces, addressing the need for Workforce optimization. Employment-to-population ratio, Budgeting, and Resource allocation are essential aspects of Workforce Management, with the market offering advanced Labor analytics and Fatigue management tools. The market is subject to various Labor laws and regulations, making compliance a priority for Workforce Management vendors. Mobile applications and Business Intelligence solutions are transforming the industry, providing real-time insights and enhancing workforce management capabilities. The market continues to evolve, incorporating Predictive analytics, AI, and Rewards systems to boost productivity and customer service.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userIT And TelecomBFSIHealthcareManufacturingConsumer Goods And Retail And OthersDeploymentCloud BasedOn-premisesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Technology

Portland General Electric declares dividend

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PORTLAND, Ore., July 24, 2026 /PRNewswire/ — The board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share.

The company’s dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before October 15, 2026, to shareholders of record at the close of business on September 25, 2026.

About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to nearly 960,000 customers serving an area of approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, delivering safe, affordable and reliable electricity while working to transform energy systems to meet evolving customer needs. PGE continues to make progress towards emissions reduction targets, and customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is ranked a top ten utility in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofits organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, more than $5 million was directed to charitable organizations supporting economic growth and community resilience across our service area. For information: portlandgeneral.com/news.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

Forward-looking statements include statements, other than statements of historical or current fact, regarding the Company’s amount and timing of dividends payable as well as other statements containing words such as “committed to,” “targets,” or similar expressions.

There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; the timing or amount of dividends paid; the timing or outcome of various legal and regulatory actions; changes in the Company’s business strategy; increases in capital expenditures; changes in capital and credit market conditions, including volatility of equity markets as well as changes in PGE’s credit ratings and outlook on such credit ratings restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the United States Securities and Exchange Commission (SEC), including our annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov and on the Company’s website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067

Investor Contact:
Erin Schwartz
Investor Relations
Phone: 503-464-7751

View original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302834503.html

SOURCE Portland General Company

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Care Career Announces Acquisition of MAS Medical Staffing, Completing Its First Acquisition Phase and Expanding Annual Revenue Beyond $150 Million, with a Path to Exceed a Quarter Billion by the End of 2026 Through Additional Acquisitions and Organic Growth

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WOODBRIDGE, N.J., July 24, 2026 /PRNewswire/ — Care Career, a rapidly growing healthcare workforce technology organization, today announced the acquisition of MAS Medical Staffing, one of the Northeast’s leading healthcare workforce organizations. Financial terms of the transaction were not disclosed.

The acquisition represents Care Career’s seventh strategic acquisition in the past 24 months, further strengthening the company’s position as one of the largest healthcare workforce organizations in the United States while accelerating its strategy to redefine the future of healthcare workforce management through artificial intelligence, enterprise technology, and workforce innovation.

MAS Medical Staffing has built an outstanding reputation for delivering high-quality workforce solutions through strong client relationships, exceptional clinician engagement, and deep regional expertise throughout the Northeastern United States. The acquisition significantly expands Care Career’s geographic footprint while broadening its access to healthcare professionals, client relationships, workforce data, and regional market intelligence.

Care Career is building a technology-enabled workforce ecosystem powered by its AI-powered workforce platform, where every acquisition contributes not only additional market presence, but also expanded data, enhanced artificial intelligence capabilities, digital innovation, and operational scale that continuously improve the experience for clients and clinicians alike. As the platform grows, every clinician engagement, client interaction, credential, placement, and workforce trend strengthens the intelligence of Career’s technology, creating a continuously improving ecosystem designed to deliver faster, smarter, and more effective workforce solutions.

The acquisition also brings MAS Medical Staffing’s MAESTRA® engagement technology, along with its client relationships and clinician network, directly onto Career’s AI-powered workforce platform. MAESTRA’s scheduling, credentialing, and communication capabilities will be integrated into Care Career’s existing technology stack, further enhancing clinician engagement across onboarding, scheduling, and career management while providing healthcare organizations with greater workforce visibility and operational efficiency.

“Our vision is to build the AI-powered infrastructure that modernizes healthcare workforce management,” said Siva Konatham, Group President and Chief Executive Officer of Care Career. “Under my leadership, Care Career is focused on transforming a fragmented, labor-intensive industry into a data-driven, technology-enabled ecosystem that improves speed, efficiency, and workforce visibility for healthcare providers. Each acquisition strengthens our platform intelligence, expands our scale, and enhances our margin potential. By integrating advanced analytics, AI automation, and digital engagement tools, we are not just growing revenue—we are building a smarter, more scalable model positioned to lead the next era of healthcare workforce solutions.”

The combined organization will leverage expanded recruiting resources, centralized credentialing, advanced workforce analytics, AI-enabled automation, and digital engagement technologies—all powered by Care Career’s AI-powered workforce platform—to deliver broader recruiting capabilities, faster response times, enhanced workforce insights, and expanded national coverage. Clinicians will benefit from a seamless digital experience that simplifies every stage of their careers—from job discovery and credentialing to onboarding, scheduling, communication, and long-term career development.

With seven strategic acquisitions completed in less than two years, representing the first round of acquisitions now totaling more than $150 million in annual revenue, Care Career has rapidly expanded its national presence while executing a disciplined growth strategy focused on technology integration, operational excellence, and workforce innovation. The company has also signed additional Letters of Intent with other entities with expected close dates in the third quarter of 2026. Upon completion of these transactions, coupled with organic growth, Care Career expects consolidated annual revenue to exceed a quarter of a billion dollars by the end of 2026.

The addition of MAS Medical Staffing further strengthens the organization’s ability to serve healthcare systems, hospitals, long-term care providers, outpatient facilities, and other healthcare organizations across an increasingly diverse geographic footprint.

“The healthcare workforce industry is entering a new era where technology, artificial intelligence, and data-driven decision-making will define the market leaders,” Konatham added. “Every acquisition we complete expands the intelligence of our AI-powered workforce platform, enhances the value we deliver to our clients, and creates more opportunities for clinicians. We believe the combination of exceptional people, innovative technology, and strategic scale positions Care Career to lead the next generation of healthcare workforce solutions.”

About Care Career

Care Career is a technology-enabled healthcare workforce solutions company dedicated to transforming how healthcare organizations recruit, engage, credential, deploy, and retain clinical talent. Powered by its proprietary AI-powered workforce platform and supported by advanced artificial intelligence, enterprise technology, and workforce analytics, Care Career is building an intelligent healthcare workforce ecosystem that connects providers and clinicians more efficiently while improving workforce performance, operational effectiveness, and patient care. Following seven strategic acquisitions over the past 24 months the first round of acquisitions totaling more than $150 million in annual revenue and with additional signed LOIs under contract expected to complete shortly, positioning the company to surpass a quarter of a billion dollars in consolidated annual revenue by the end of 2026, Care Career has become one of the nation’s largest and fastest-growing healthcare workforce organizations, serving healthcare providers and clinicians across the United States.

About MAS Medical Staffing

MAS Medical Staffing is a premier healthcare workforce organization recognized for exceptional service, strong client partnerships, and a commitment to connecting healthcare professionals with rewarding career opportunities. With an established presence throughout the Northeastern United States, MAS Medical Staffing has earned a reputation for quality, responsiveness, and delivering workforce solutions that help healthcare providers meet their evolving workforce needs while supporting clinicians throughout every stage of their careers.

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SOURCE Care Career

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PointsKash Demonstrates How Businesses Can Build on Bitcoin Without Burdening the Blockchain

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As industry debate surrounding Bitcoin Improvement Proposal (BIP-110) intensifies, PointsKash unveils an architecture designed to work regardless of the proposal’s outcome.

SCOTTSDALE, Ariz., July 24, 2026 /PRNewswire/ — As the global Bitcoin community debates Bitcoin Improvement Proposal 110 (BIP-110) and the future of data stored on the Bitcoin blockchain, PointsKash, Inc. today announced that its next-generation kiosk infrastructure was intentionally designed to operate efficiently under any outcome of the proposal.

Rather than storing operational data directly on the Bitcoin blockchain, PointsKash utilizes a layered architecture that combines Bitcoin‘s unmatched security with modern decentralized communications technology. Every transaction, machine event, system update, and operational record generated across the PointsKash network is cryptographically verified, securely maintained off-chain, and anchored to the Bitcoin blockchain through a single immutable cryptographic proof.

This approach allows thousands of operational events to be permanently verified while utilizing only a minimal amount of blockchain data.

As discussion surrounding BIP-110 has intensified across the digital asset industry, PointsKash believes the debate does not require choosing between innovation and responsible blockchain stewardship.

“The industry has been debating whether businesses can build meaningful applications on Bitcoin without unnecessarily consuming blockchain space,” said Michael Herron, Chief Executive Officer of PointsKash. “We believe we’ve demonstrated that the answer is yes. Bitcoin provides the world’s most trusted immutable timestamp and security layer, while higher-volume operational data belongs on technologies specifically designed to manage it. By combining both, we’ve built an architecture that is scalable, transparent, and future-ready regardless of how the BIP-110 discussion ultimately evolves.”

The company’s infrastructure assigns every kiosk its own unique cryptographic identity, allowing each machine to securely authenticate every transaction and operational event. Those records are then independently verifiable through cryptographic proofs while remaining resistant to alteration or manipulation—even by PointsKash itself.

According to the company, this architecture delivers several significant advantages:

Mathematically verifiable transaction records for regulators, banking partners, auditors, and enterprise customers.Improved network reliability, allowing kiosks to continue operating during temporary connectivity interruptions without losing transaction history.Enhanced cybersecurity, with every machine maintaining its own authenticated identity and secure communications.A scalable blockchain architecture that minimizes on-chain data while preserving complete auditability.

Bitcoin was created to provide trust, security, and permanence—not to become a storage system for every piece of application data,” Herron added. “Our philosophy has always been simple: use Bitcoin for what it does better than anyone else—creating immutable proof that records have never been altered—and leverage modern decentralized technologies for everything else. We believe that’s the future of enterprise blockchain infrastructure.”

PointsKash believes this architecture positions the company among a new generation of fintech innovators utilizing Bitcoin as a secure trust layer while developing scalable financial applications for enterprise deployment.

The technology also establishes the foundation for future blockchain-based financial products currently under development, including enhanced digital audit capabilities, verifiable financial records, enterprise licensing opportunities, and next-generation digital asset infrastructure.

As the Bitcoin ecosystem continues to mature, PointsKash believes its technology demonstrates that responsible innovation and blockchain scalability can successfully coexist—providing enterprise organizations with the confidence to build on Bitcoin without contributing unnecessary data to the network.

About PointsKash, Inc.

PointsKash, Inc. is a financial technology company developing an integrated ecosystem of AI-enabled self-service financial centers, digital banking, digital payment solutions, cryptocurrency services, loyalty rewards, enterprise merchant technologies, and mobile financial applications. Through proprietary software, Artificial Intelligence, and strategic partnerships, PointsKash is building innovative financial solutions designed to empower consumers, merchants, and enterprise organizations throughout North America.

For more information, visit www.pointskash.com.

Media Contact

PointsKash, Inc.
Investor Relations
info@pointskash.com
www.pointskash.com

Forward-Looking Statements

This press release contains forward-looking statements regarding anticipated technology integrations, Artificial Intelligence initiatives, product development, future commercialization plans, expected operational efficiencies, business strategy, and future growth. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could affect actual results include, but are not limited to, technology development timelines, integration efforts, financing, regulatory developments, market conditions, and other risks facing the Company. PointsKash undertakes no obligation to update any forward-looking statements except as required by applicable law.

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SOURCE PointsKash Inc.

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