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2025 Workforce Management for the Enterprise Report
The new DMG Consulting LLC
report provides an in-depth analysis of the WFM mature yet evolving market
whose continued projected growth is attributable to factors such as increasing
adoption of cloud-based solutions, growing demand for remote work management,
and the need for increased productivity and operational efficiency across
verticals.
Workforce management (WFM) is
so much more than the contact center productivity tool it was initially
designed to be when it was introduced over 50 years ago. These solutions
are being reimagined into intelligent tools that enable contact centers, back
offices, branches, and other people-intensive operations to cost-effectively
staff their departments while balancing the needs of the enterprise and its
employees.
The application of artificial
intelligence (AI) across WFM platforms is fueling many of the enhancements in
these necessary, but complex solutions. The processing power of the cloud
enables AI to make previously impossible capabilities a reality. It enhances
forecasting for both synchronous and asynchronous interaction types, improving
accuracy by giving WFM administrators the flexibility to select the appropriate
algorithm for each run. AI is being applied to revamp many aspects of
scheduling, agent self-service, vacation/time-off management, long-term
capacity planning, and even how and when agents receive alerts. Newly released
scheduling modules allow employees to self-select their work hours (instead of
fixed shifts), pick their lunch and break times (which may vary by day), make
changes when needed (without involving their supervisor or WFM administrator),
and a lot more. AI is playing an essential role in transforming and expanding
the capabilities of WFM solutions, but for companies to more fully realize the
benefits, they must also alter their culture along with their technology.
It’s a tremendously
opportunistic time in which WFM solutions are now being used to build employee
engagement in contact centers instead of being leveraged to boost productivity,
as has traditionally been the case. The market is undergoing a transformation
now that companies realize doing business as usual in their contact centers is
not enabling them to achieve their goal of improving the customer experience
(CX) while reducing operating costs.
The Workforce Management
for the Enterprise report provides an in-depth analysis of the contact
center WFM market, the competitive landscape, vendors, product suites,
technology, and innovation. The Report analyzes WFM market activity and
provides 5-year projections.