Some leading organizations in their respective fields such as Deloitte, Accenture and General Electric have already abandoned the traditional performance management as they felt it had become less relevant in the present circumstances. Like performance management, other human capital management aspects are set to undergo change in their operations this year. A lot of these activities are set to use Cloud based technologies. Social media platforms such as Facebook, Twitter and LinkedIn are causing significant changes. Research conducted by Forrester and Nucleus points out to the fact that business analytics captures is going to be made use of for employee engagement, recruitment and talent management. Software created by the likes of Wokboard and Zugata are increasingly being used by corporates.

Source: http://searchfinancialapplications.techtarget.com/news/4500269377/Employee-performance-management-software-to-loom-in-2016