Statistics released by Capterra show that the talent management software (TMS) industry in the US now grosses around USD 12 billion annually, and shows no signs of slowing down. Some products cost just USD 1 per month, while others cost the equivalent of USD 500 per month to run.
45% of purchasers spend ten months researching and choosing the software they buy. Unsurprisingly, the data shows that cost has risen to the number two spot for reasons a product was purchased.
60% of users deploy cloud-based solutions on their current PM tools compared to 40% that use on-premise/desktop solutions.