HR EcoSaaS marks a new dawn for human capital management services
CDP Group's global transformation in full swing
SHANGHAI, Oct. 13, 2017 /PRNewswire/ -- The digital transformation is becoming more globalized - the opportunities this provides are well acknowledged by those at the top - 81% of CEOs ranked advanced analytics as the top technology to change their organization (Highlights of the 2016 CEO Survey: Business Leaders Are Committed to Digital Industry Transformation). Gartner's 2017 Symposium reported "technology enabled business is expected to be more of a focus in 2020". In keeping with other global industries, the HR industry's digital platform is here, taking the form of EcoSaaS (Ecosystem + Software as a service), launched by CDP - the business innovation leader in the HCM industry. However, EcoSaaS is more than a digital platform; it is the ultimate user experience - a combined HCM services and digital platform all-in-one.
With the advent of globalization, the most successful companies understand it is all about connectivity. They understand the need for an interconnected platform, with 79% of top performing organizations participating in business ecosystems (The 2017 CIO Agenda: Seize the Digital Ecosystem Opportunity). This global trend has put the best digital platforms on top; just take AirBnB, Uber, or Netflix to name a few.
With more than 10 years experience innovating in the HR industry, CDP group released its disruptive model EcoSaaS - an HR Ecosystem over digital platform. CDP now faces the future with strength and agility to help Chinese enterprises to achieve global aspirations and ambitions. However, despite the concept, technology is no substitute for people in an enterprise. EcoSaaS is a service concept, combining the human capital management needs to form a digital platform - Chinese enterprises face increased energy and efficiency, and CDP hopes to take advantage of this growth.
Owing to the innovative nature of EcoSaaS, it has already attracted attention from international business media, including Forbes. Marking the Forbes' 100th Anniversary Global CEO conference with the theme "The Next 100 Years", Forbes overseas and digital platform published an interview with CDP's CEO Wayne Wang, highlighting the innovative direction of EcoSaaS, and exploring his experiences in China's human resources industry, his outlook on global human resources industry technology trends, market growth, and future innovation.
EcoSaaS brings interconnectivity to the world of HR, and according to global trends, the number of partners in an ecosystem platform is only set to increase:
The EcoSaaS platform relies on advanced cloud technology to tie together all the systems human capital management needs in a single digital operating platform - more comprehensive and consistent with diverse needs of business's. EcoSaaS integrates different industries, services, knowledge and best practices to cover the full range of HR services. This meets business's needs at different levels, from SME's to multinationals, and produces a close connection between enterprises. By creating a shared-community platform, including staff and customers, supplier, partners and other channels upstream and downstream of the application, businesses can view EcoSaaS as their one-stop solution.
CDP is assertively leading the way in this global movement, backed by research showing digital over services Ecosystem is the future. Gartner, the world's leading IT consulting and research firm, found in its HCM 2017 Report that relying on technology and resource integration is the forthcoming HCM industry trend. Releasing their Market Guide for Multi-country Payroll Solutions, CDP was the only Chinese human resources service provider listed, included on the Market Guide for HCM suite and the Global List of Pay Suppliers. This is a milestone not just for China's human resources services industry, but also in CDP Group's global strategic plan.
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