Category: HR Technology

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Predictions for 2023: Redefining Work, The Workforce, And HR

Every year for 25 years I’ve tried to write Predictions for the year ahead. And this year, like none before, I think it’s time for something big. As you will read about in this newest report, we are entering a year which may redefine almost everything. Not to be dramatic, but when was ... Read more»

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Understanding Chat-GPT, And Why It’s Even Bigger Than You Think (*updated)

Everyone has an opinion about Chat-GPT and AI. Engineers and entrepreneurs see it as a new frontier: a bold new world to invent products, services, and solutions. Social scientists and journalists are worried, with one prominent NYT author Ezra Klein calling it an “information warfare machine.” What has god wrought?

Let me just say up ... Read more»

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A New Generation Of Mastery-Based Learning Platforms Has Arrived (*Updated)

The $330 billion corporate training market is enormous, fragmented, and complex. For years it was dominated by Learning Management Systems (LMS) and content providers, each pioneered in the early 2000s. These systems served well, but the needs of employees and organizations moved ahead.

Today companies want not only a place to find and administer learning, ... Read more»

Cornerstone Makes A Play To Dominate The Skills Platform Market

This week was the week of Cornerstone’s global user conference, entitled Limitless: Unlocking the Potential of your Workforce. And for the first time, users get to see what the new Cornerstone is all about.

Let me first say that I’ve been working with Cornerstone from the beginning, when the company was a scrappy LMS ... Read more»

Microsoft Announces Major Expansion Of Viva, and CEOs Need To Lighten Up.

If there’s one thing you can say about Microsoft, this is a company that can execute. Since the introduction of Microsoft Viva in early 2021, the company has more than doubled down on its Employee Experience Platform strategy, with a flurry of new announcements this week.

Let me start by saying that Microsoft, at its ... Read more»

SAP SuccessFactors Launches Its Biggest Release In A Decade

In a flurry of new HR Tech products released this week, one definitely warrants attention. SAP SuccessFactors, the largest HCM vendor in the world, introduced its most significant release in a decade. While it doesn’t have a specific name, I call it SuccessFactors Next-Gen HCM.

Here’s what it’s all about.

As most of you ... Read more»

Enter Microsoft Viva Engage. A Real Social Network For The Enterprise?

This week Microsoft slipped in a little product launch that is more significant than you think: a new application in the Microsoft Viva family called Viva Engage. And it has a lot of implications for HR and collaboration software.

What precisely is this? I think Yahoo News summarized it well: this is Facebook and ... Read more»

Gloat Lands $90 Million Investment from Generation, Al Gore’s VC Firm

Today Gloat, one of the leading players in the Talent Marketplace space, announced a $90 Million investment from Generation Investment Management, the firm led by Al Gore.

This story has two parts: first the large investment in Gloat, and second the thinking beyond a Sustainability fund investing in HR Tech.

Why Gloat Is So Highly ... Read more»

A Front Row Seat At Workday DevCon

This week I spent a day at Workday’s DevCon, the company’s fast-growing application developer conference, and there is a lot to talk about.

Let me start with a simple reminder: for all its strategy, sales, and marketing, Workday is essentially a software company. The Workday platform is a marvel of technology, and over ... Read more»

New Research: Cloud-Based HCM Can Redefine Employee Experience

We just completed two years of research on cloud-based HCM (human capital management) systems and the results are striking. Among the 35+ implementations we studied, the findings are now clear: these systems do much more than clean up IT systems: they transform the employee experience.

Just to be clear, the cloud as a computing ... Read more»

ServiceNow Acquires Hitch: Entering The Skills And HCM Market

Today was some big news. ServiceNow, the leader in enterprise workflow and employee experience platforms, announced the acquisition of Hitch, a small player in the massive market for skills technology and talent marketplace solutions. This puts ServiceNow in direct competition with Workday, Oracle, SAP, and a flurry of others, and opens up the big ... Read more»

Update From The Workday Innovation Summit: Lots Of Growth Ahead.

I just finished a day with the Workday executive team at their analyst Innovation Summit (entitled “The Power To Adapt”). Let me share my perspectives.

Workday’s Growth Will Continue

Despite the pandemic and lots of changes in the tech landscape, the company is doing very well. With a 22% subscription growth rate and nearly $5 ... Read more»

HR Technology Market Disrupted: Employee Experience Is Now The Core

For decades companies have embraced HR technology by starting at the “core.” This “core” was always considered the payroll system, HRMS (employee system of record), and foundational infrastructure, often called HCM.

Companies select these Core Systems first, spend millions to tens of millions of dollars to implement them, and then they “lay other tools on ... Read more»