With a market valuation of over $14 billion, the great strides being taken in the field of HR Technology is set to revolutionize the entire concept of Human Resources Management. While technology such as automation is making Human Resource Management Systems (HRMS) more efficient, HR managers are looking beyond automation and are seeking for solutions that can translate to improved productivity. The concept of cloud technology has become the biggest technological disruptor in recent years and has found its place in HR as well. All organizations are shifting their HRMS, payroll and talent management platforms to the cloud and are using its capabilities in multiple ways. Using big data analytics capabilities of the cloud, performance monitoring has become a continuous and data driven process.
The availability of mobile applications and open feedback tools makes it possible for managers to develop real-time feedback systems and engage with employees in a more meaningful manner. Analytics is also used to study large data sets to gauge user sentiments and discern other meaningful insights. There has been a change in the corporate learning landscape as well, with Virtual Reality and Augmented Reality redefining the way training and education courses are conducted. However, the availability of an excessive number of solution providers in the market makes it a tricky task for CHROs to choose the right technology partner.
A distinguished panel of CEOs, CHROs, CIOs and the editorial team of our magazine have perused through the businesses of HR Technology solution providers to compile a list of companies that have solid internal processes, innovative and cost efficient solutions and can be relied on as trusted partners.
CIO Applications presents to you “Top 25 HR Technology Solution Providers - 2018”.