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Workforce Management Software Market to Grow by USD 3.67 Billion (2025-2029), Driven by Regulatory Compliance, Report on AI-Powered Market Evolution – Technavio

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NEW YORK, Jan. 21, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global workforce management software market size is estimated to grow by USD 3.67 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 8.4% during the forecast period. Regulatory compliance associated with workforce management is driving market growth, with a trend towards rising adoption of digital hr technolog. However, high implementation and maintenance cost poses a challenge. Key market players include ActiveOps PLC, Advanced Computer Software Group Ltd., ATOSS Software AG, Automatic Data Processing Inc., Bamboo HR LLC, Ceridian HCM Holding Inc., International Business Machines Corp., Koch Industries Inc., NICE Ltd., Oracle Corp, Panasonic Holdings Corp., Paycor HCM Inc., PTC Inc., Rippling People Center Inc., Sage Group Plc, SAP SE, UKG Inc., Verint Systems Inc., Workday Inc., and Zoho Corp. Pvt. Ltd..

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Workforce Management Software Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 8.4%

Market growth 2025-2029

USD 3673.7 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.7

Regional analysis

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

Performing market contribution

North America at 39%

Key countries

US, China, UK, Germany, Canada, France, Japan, South Korea, Saudi Arabia, and Brazil

Key companies profiled

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

Market Driver

The Workforce Management Software market is experiencing 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. These industries require workforce optimization through features like scheduling, task management, time and attendance, labor analytics, and forecasting. Cloud computing, including private cloud, is a driving factor for workforce management solutions. Process transparency, employment-to-population ratio, and compliance with labor laws are essential. Contact centers, back offices, energy and utilities, and IT resources also benefit from these solutions. Key trends include workforce prediction, rewards, employee training, mobile applications, in-store employees, field service providers, and workforce optimization. Big data, budgeting, workforce scheduling, workforce analytics, fatigue management, and AI-driven solutions are increasingly popular. Vendors offer various cloud adoption models, ensuring scalability and accessibility for hybrid workforces. Remote employees, productivity, customer service, and resource allocation are critical concerns. Predictive analytics, contact center platforms, business intelligence solutions, and AI are shaping the future of workforce management. 

Organizations are leveraging mobile technology to enhance the employee experience by digitalizing HR processes. Mobile apps, social media, analytics, and cloud technologies are key drivers of this transformation. Employees increasingly prefer using mobiles for work, blurring the lines between personal and professional life. Digital HR technology offers a unified platform for HR functions, integrating analytics, social media, mobile platforms, and cloud technologies. This innovation improves employee and candidate experience, enabling the design of mobile apps for HR processes and enriching interactions through video, social, and mobile technologies. 

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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 solutions for scheduling, task management, and time tracking. Employee management software, labor management software, and staff management software are essential tools for business operations, offering workforce prediction, scheduling optimization, and labor analytics. Industries like construction, packaging, aerospace, energy and utilities, manufacturing, and contact centers require workforce optimization through employee scheduling software, work schedules, rewards, and HR management. Cloud computing, including private cloud, offers process transparency, scalability, and accessibility for digital solutions. Employment-to-population ratios and labor regulations necessitate workforce management software to ensure compliance. AI and machine learning enable predictive analytics for budgeting, time and attendance, and labor forecasting. Workforce management vendors cater to remote employees, IT resources, and hybrid workforces, focusing on productivity, customer service, and resource allocation.The workforce management software market faces a significant challenge due to the high cost of implementation. This expense includes the software licensing fee, system design and customization costs, implementation costs, employee training, and maintenance fees. After acquiring the software license, organizations must hire IT personnel for proper implementation. Subsequently, employees require training to effectively utilize the application. Post-implementation, continuous upgrades are necessary to remain competitive in the market. Consequently, the substantial implementation and maintenance costs may hinder the expansion of the global workforce management software market.

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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 OthersDeployment 2.1 Cloud based2.2 On-premisesGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South AmericaType

1.1 IT and telecom- Telecom and IT companies are intensely focusing on workforce management to optimize human capital and meet organizational goals. The IT and telecom segment is witnessing a significant shift towards hiring independent contractors and freelancers, reducing network infrastructure deployment costs, and increasing flexibility. Mergers and acquisitions are also driving the implementation of workforce management software in HR functions, providing a competitive edge through new workforces and improved management. HR leaders are leveraging data analysis, AI, ML, and NLP technologies to manage the talent lifecycle, identify competency gaps, and prioritize recruitment workflows. Predictive analytics and statistical modeling enable workforce planning, evaluate recruiting sources, and enhance hiring quality. The need to identify, hire, and retain technical experts is propelling the adoption of workforce management software in the telecom and IT industries, ensuring long-term and short-term success. These factors are anticipated to fuel the demand for workforce management software in the IT and telecom segment.

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Research Analysis

The Workforce Management Software market is experiencing significant growth due to the increasing trend of remote work and the need for efficient Employee Management, Labor Management, and Staff Management in various industries, including Healthcare and Field Services. These solutions enable Business Operations to predict workforce needs, optimize scheduling, and manage tasks effectively. Mobile applications allow In-store Employees and Field Service Providers to clock in and out, access training materials, and manage their schedules on the go. Labor Analytics and Forecasting help businesses understand their workforce costs, productivity, and adherence to Labor Laws. Scheduling Optimization, Big Data, AI, and Predictive Analytics enable better workforce planning and improve Customer Service. IT Resources also benefit from these solutions through Time Tracking and Business Intelligence Solutions. Hybrid Workforces require advanced features like Contact Center Platforms to manage remote agents effectively. Workforce Management Software is essential for managing and optimizing workforces in today’s dynamic business environment.

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 serves diverse industries such as Healthcare, Construction, Packaging, Aerospace, Manufacturing, Energy and Utilities, Contact Centers, and Back Offices. Cloud computing plays a significant role in the market’s growth, with solutions available in both Public and Private clouds. The software offers process transparency, workforce prediction, and optimization, as well as budgeting and labor analytics. The market also caters to the needs of remote workers, in-store employees, field service providers, and IT resources. Key features include workforce scheduling, workforce analytics, fatigue management, and compliance with labor laws. The market is also embracing digital solutions like mobile applications, AI, Machine Learning, Predictive analytics, and Big Data to enhance productivity and customer service. The market’s scalability and accessibility make it an essential tool for businesses managing hybrid workforces and optimizing resources.

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 TelecomBFSIHealthcareManufacturingOthersDeploymentCloud BasedOn-premisesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth AmericaType

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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SOURCE Technavio

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Hilco Global Engaged by Stan Lee Holdings to Sell Rare & Valuable Intellectual Property Portfolio

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NEW YORK, July 24, 2026 /PRNewswire/ — Hilco Global, a diversified financial services company that delivers expert professional services and capital solutions to help clients maximize value and drive performance across the business lifecycle, is pleased to announce that its IP Services practice has been engaged by Stan Lee Holdings, Ltd. (“SLH”) to sell a legendary portfolio of intellectual property developed by Stan Lee, the iconic “father of the super hero.” Known as the Omniverse Collection created by Stan Lee, the portfolio represents a treasure trove of original characters and source material developed by Stan when he was leading Marvel Comics and when he built Stan Lee Entertainment – the first super hero animation studio created for the Internet age. This rare and valuable collection of Intellectual Property encompasses dozens of compelling super heroes and stories conceived by Stan from 1999 to 2001 as well as a franchise comprising over 50 well-known characters – the only franchise of Marvel-created characters not owned by Marvel. Full details of the collection, including the individual characters, franchises, and story properties it comprises, will be released in the coming weeks.

Through this collaboration, Hilco Global will work alongside SLH and former EVP of Marvel Entertainment Shirrel Rhoades to find a new home for a body of largely underleveraged super hero and other characters, as well as world-building intellectual property. Numerous supporting  scripts, episodes, and development materials spanning Stan Lee’s career are also part of the offering.

“The Omniverse Collection created by Stan Lee is one of the most significant super hero IP offerings of the decade,” said Eric Hurwitz, Senior Director of the Hilco Global IP Services practice. “This large, diverse portfolio presents the opportunity to capitalize on untapped material with an unmatched pedigree. A buyer essentially has a blank slate to bring these characters to fans worldwide and expand on Stan Lee’s legacy. Hilco Global is thrilled to bring these assets to market, leveraging deep experience across intellectual property and media valuation, licensing, and transaction execution.”

Among the intellectual property being offered is a hidden gem; a connected entertainment universe of Stan Lee’s own creation. “This one-of-a-kind IP collection illustrates just how far ahead Stan was in understanding the future of entertainment,” observed Shirrel Rhoades, who was handpicked by Stan Lee to succeed him as publisher of Marvel. “What we’re bringing to market isn’t a collection of isolated ideas. It’s pieces of one larger vision, a living digital universe in which characters can be created, experienced, and expanded across every form of media.”

Parties can reach out to Ehurwitz@hilcoglobal.com to register interest. More information about the offering, the individual properties within the collection, and the sale process will become available soon.

About Hilco Global:  Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, and intellectual property sectors. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to transact. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com

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SOURCE Hilco Trading, LLC

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GR0 to Acquire Ultimate AI’s Deployment Division and Launch GR0 AI, Turning Brands’ Existing Customer Data Into Revenue

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The new company pairs GR0’s performance marketing distribution with Ultimate Deployment’s AI agents and customer intelligence to build AI revenue systems for DTC and ecommerce brands; in one early deployment, AI-led customer conversations were associated with more than $350,000 in sales.

LOS ANGELES, July 24, 2026 /PRNewswire/ — GR0, the Los Angeles-based digital marketing agency, today announced plans to acquire Ultimate Deployment and launch GR0 AI, a new company that builds and deploys AI revenue systems for direct-to-consumer (DTC) and ecommerce brands. GR0 AI combines GR0’s performance marketing expertise, client relationships and sales infrastructure with Ultimate Deployment’s technology and experience deploying AI agents inside operating businesses.

“AI is creating an entirely new performance channel for brands,” said Jon Zacharias, co-founder and president of GR0. “Most companies already have the traffic, customer data and demand. What they’re missing is an intelligent system that knows who to contact, what to say and when to say it. GR0 AI turns the customer signals brands already own into personalized conversations and measurable revenue.”

The approach is already producing results. In one early deployment, AI-led customer conversations were associated with more than $350,000 in sales during a period in which the brand generated approximately $1 million in total revenue. GR0 AI deployments include attribution and incrementality reporting so brands can measure both assisted and directly generated revenue.

GR0 AI deploys inside a brand’s existing commerce, CRM, email, SMS, phone and customer-data infrastructure. Its systems:

Identify and prioritize high-intent customers and prospects Personalize outreach and follow-up based on customer behavior and company data Conduct two-way conversations across messaging channels, recovering revenue from abandoned carts, dormant customers and unconverted leads Escalate complex or high-value opportunities to human sales and support teams Measure the revenue associated with AI-driven interactions

“Most brands do not have a demand problem.  They already have thousands of customers and prospects sitting inside their systems,” said Ben Ganz, founder of Ultimate Deployment. “We build the company brain, unify the data and deploy AI employees that act on that intelligence. The opportunity falls into two buckets: recover the demand a brand has already earned, and make sure no new opportunity slips through the cracks. GR0 gives us the distribution, market access and operating experience to bring this to hundreds of brands.”

Ganz has spent his career at the intersection of entertainment and technology. He began as a producer on American Idol before moving into digital leadership at Fox, then founded VEGO Pictures, a digital production and technology company that worked with major entertainment and consumer brands and served as in-house production partner to Kevin Hart’s Laugh Out Loud Network. He also co-founded a virtual events company that produced digital graduation experiences for hundreds of thousands of students during the COVID-19 pandemic.

From there, Ganz and his team moved to the frontier of consumer AI, creating what FOX News called Hollywood’s first AI interactive voice experience. They powered AI personalities for creators with a combined audience of 100 million followers and engineered the world’s first AI assembly line for replicating personalities at scale, work the Hollywood Reporter recognized as the “Real-life Her.”  Ultimate Deployment then turned that conversational AI expertise toward the enterprise, building systems that connect company knowledge, customer data, and operational software with AI agents capable of performing real, meaningful business work.

“Ben and his team have built something with the potential to become a major new revenue channel for ecommerce companies,” Zacharias said. “We have seen very few offerings create this level of excitement among sophisticated performance marketers.”

Every GR0 AI engagement begins with an intensive discovery and implementation process: the team interviews key employees, maps the company’s systems and builds a centralized intelligence layer around the business. Lead scoring and prioritization are connected to the brand’s CRM before customer-facing AI agents go live.

“The technical opportunity is clear, and our job is to make it just as clear commercially,” said Kevin Miller, founder and CEO of GR0. “A brand that works with GR0 AI will know exactly what is being installed, how quickly it goes live and what revenue it is producing.”

The acquisition is expected to close this quarter, subject to completion of definitive agreements. Financial terms were not disclosed.

Brands interested in early GR0 AI deployments can learn more at www.gr0.com.

About GR0

GR0 is a full-service digital marketing agency that helps DTC and ecommerce brands accelerate growth through data-driven performance marketing, creative strategy and emerging technology. Co-founded by Kevin Miller and Jon Zacharias, GR0 provides services across SEO, Generative Engine Optimization, paid media, email, SMS, creative, affiliate and marketplace growth, and was among the first agencies to build a dedicated GEO practice, which is recognized by VentureBeat as one of America’s premier Generative Engine Optimization agencies. GR0 is headquartered in Los Angeles. Learn more at GR0.com.

About Ultimate Deployment

Ultimate Deployment builds AI employees for growing companies. Founded by Ben Ganz, the company captures how a business operates, organizes its institutional knowledge, connects its systems and deploys AI agents that perform real operational work across sales, customer experience, marketing, finance and internal teams.

Before its enterprise focus, Ultimate Deployment’s team built consumer AI at entertainment scale, creating Hollywood’s first interactive voice experience, powering AI personalities for creators with a combined audience of 100 million followers and engineering the world’s first AI assembly line for replicating personalities’ work featured by Fox News and recognized by The Hollywood Reporter as the real-life Her.

About Ultimate AI

Ultimate AI, founded by Ben Ganz, is a holding company building AI across consumer and enterprise. It launched during the first wave of consumer generative AI as an early AI super app, bringing more than 100 AI tools and assistants into a single consumer platform that peaked within the top 10 of its Apple App Store category, according to company data. The company then expanded into creator AI, developing technology that lets public figures build interactive AI experiences around their personality, voice, knowledge and content. In 2024, Ultimate AI created Pookie Tools (widely known as the Hawk Tuah AI app), whose launch generated more than 400 million organic social media views and more than 10,000 downloads in its first seven days with no paid marketing, according to company data. It went on to develop real-time voice and personality products, including an experience Fox News described as Hollywood’s first real-time AI experience.

Ultimate Deployment, the enterprise arm that GR0 is acquiring, formed in March 2026 following the release of frontier agentic models from Anthropic and OpenAI, and applies that technology inside operating companies. It builds AI employees that capture how a business operates, unify its data and systems, and perform real operational work across sales, customer experience, marketing, finance and internal teams.

Company: GR0
Media Contact Name: GR0 Agency
Media Contact Email: press@gr0.com
Phone: +1 (310) 439-1887
Address: Los Angeles, CA, USA
Website: https://gr0.com/

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SOURCE GR0.com LLC

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Tech Mahindra and Cisco Partner to Bring AI-Driven Security Service Edge to Global Enterprises

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PUNE, India, July 24, 2026 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with Cisco to deliver an AI-driven Security Service Edge (SSE) offering for global enterprises. The joint offering will help enterprises reduce security complexity, improve visibility and control, deliver seamless user access, and strengthen resilience as they scale cloud, hybrid work, and AI adoption.

The partnership combines Tech Mahindra’s global managed services, integration, and delivery expertise with Cisco’s industry-leading Security Service Edge (SSE) platform (Cisco Secure Access) to provide unified, cloud-native security and seamless zero-trust access across users, devices, networks, and locations. For Tech Mahindra, the partnership strengthens its cybersecurity portfolio with differentiated, high-value managed security services, expands its addressable market, and accelerates pipeline growth in cloud security.

Saket Singh, SVP & Business Head – Digital Core Services (Cloud, Infrastructure, Network and Cyber Security Services), Tech Mahindra, said, “As enterprises increasingly operate in hybrid and distributed environments, security must evolve from siloed controls to unified, cloud-native platforms. Fragmented tools, inconsistent user experiences, and rising threats are creating visibility and control gaps as applications are accessed from anywhere. Through our partnership with Cisco, we are combining advanced SSE capabilities with Tech Mahindra’s managed services expertise to simplify operations, strengthen zero-trust enforcement, and deliver consistent, AI-powered protection at scale.”

By integrating a secure web gateway, cloud access security broker (CASB), zero trust network access (ZTNA), firewall-as-a-service, data loss prevention (DLP), and much more into a single platform, the offering simplifies security operations and delivers AI-powered protection. Enterprises benefit from end-to-end visibility, faster deployment, and a streamlined path to modernizing their security architecture while accelerating secure cloud adoption and cyber resilience. Additionally, as enterprises inevitably step into the agentic era, this solution provides robust and rapidly expanding protections for the use of generative AI and AI agents.

Raj Chopra, SVP & Chief Product Officer, Cisco Security Business Group, said, “Enterprises don’t need another tool to stitch into an already complex security stack. They need a simpler way to secure how work actually happens across users, devices, applications, clouds, and increasingly AI agents. Cisco Secure Access brings zero trust, identity context, and AI-powered protection into one cloud-delivered platform, helping teams enforce policy consistently while giving users seamless access from anywhere. Together with Tech Mahindra’s global managed services and integration expertise, we can help organizations modernize security operations, accelerate secure cloud and AI adoption, and move with confidence in the agentic era.”

The integrated SSE solution reinforces Tech Mahindra and Cisco’s leadership in unified cloud-security, helping enterprises simplify secure access, strengthen resilience and accelerate digital transformation in an increasingly distributed and AI-driven world.

 

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SOURCE Tech Mahindra

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