IRVINGTON, Va., April 22, 2020 /PRNewswire/ -- The Tambellini Group, the world's leading independent technology research and advisory firm dedicated exclusively to higher education, releases its 2020 Financial Management and Human Capital Management Systems US Higher Education Market Share, Trends, and Leaders Report. The report found that 82% of institutions that made both finance and HCM selections in 2019 chose cloud deployment, highlighting the need for institutions to increase agility and innovation.
The Tambellini 2020 Financial Management and Human Capital Management Systems US Higher Education Market Share, Trends, and Leaders report provides a detailed overview of the U.S. higher education financial management and human capital management systems market. The report's unique perspective focuses on the number of selections made in 2019 and describes purchasing trends, identifying the types and sizes of institutions making financial management and human capital management systems decisions, and the solutions they are selecting.
The report is based on Tambellini's unbiased research and extensive interviews and draws from its proprietary database, which includes data from more than 4,300 US higher education institutions.
Key components of the publication include:
- Finance and HR/HCM market trends in higher education
- Total vendor market share by institution type
- Vendor selection considerations
- Comprehensive overview of leading higher education vendors Campus Management, Ellucian, Jenzabar, Kuali, Oracle, SAP, Unit4, and Workday
Members use Tambellini's Market Trends and Leaders Reports to broaden their understanding of significant trends as higher education institutions move finance and HCM solutions to the cloud. Institutions benefit from the report's deep insight and competitive analysis that they cannot attain on their own. "Tambellini is distinctly positioned to work with all vendors in the Student, Finance, and HCM market. Our relationships allow us to brief with each solution provider multiple times during the year," remarked Vicki Tambellini, CEO and President. "We also speak with our institution members every day, conducting assessments and providing guidance during technology selections and contract negotiations. So, we know what vendors institutions are selecting, which have migrated to new platforms, the benefits, the challenges, and more. This extensive reach gives us unique expertise that we are happy to share with our members."
As a follow-up to the release of the 2020 Financial Management and Human Capital Management Systems US Higher Education Market Share, Trends, and Leaders Report, Tambellini surveyed higher education institutions about how their ERP project plans may have changed in response to the COVID-19 pandemic. 80% of respondents said they were looking to replace all or part of their ERP. The results below demonstrate how these projects are moving forward or how project timelines have been altered.
Tambellini will continue to publish more results of the survey in the coming weeks.
About The Tambellini Group
The Tambellini Group is the world's leading independent technology research and advisory firm dedicated exclusively to higher education. Tambellini offers direct interaction with the top industry analysts and provides custom, data-driven advisory services. The company's proprietary database of more than 20,250 global institutions' technology selections and nearly 67,000 listings is unparalleled in the industry. Members leverage Tambellini's unbiased research on the changing education technology landscape to make fact-based decisions and achieve key strategic goals. Founded in 2001, Tambellini is a woman-owned business headquartered in Irvington, Virginia. www.thetambellinigroup.com
SOURCE The Tambellini Group