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HR Tech Concept Roughly 80 percent of enterprises are planning to purchase or upgrade their solutions in a talent platform in the coming years. (Photo: Shutterstock)

The demand for cloud-based payroll and other HR solutions – particularly talent management technology — is fueling the services market across the globe, expected to grow at a compound annual rate of 9.6 percent, to $416 billion in 2026, according to a Transparency Market Research report.

Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

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