Insights on Corporate Talent, Learning, and HR Technology
Core HR Systems refers to all the major HR technology platforms that handle employee systems of record, payroll, organization structure, job architecture, and other core HRMS (HR Management Systems) features.
This week SuccessFactors announced a vast array of new features, focused on taking the lead in the red hot HCM war against Workday, Oracle, and others. These capabilities fall into four areas, each of which bring SAP into a leading position in many areas of the global HCM market. (Product details here.)
As ... Read more»
This week Workday and Salesforce announced a major partnership, focused on integrating these two major enterprise systems to get ahead of the increasing demand for integrated AI.
What did they announce? Two big things.
First, the companies are going to integrate their data platforms.
Salesforce holds vast amounts of sales and customer data (leads, ... Read more»
This week UKG announced a layoff of approximately 2100 people (out of 15,000) in a strategic move to focus on even larger growth opportunities. As AI sweeps the technology industry, I think we’ll see more of this to come. And only a few days later, Intuit announced the layoff of 1,800 people, explaining the ... Read more»
This week I attended the Workday Innovation Summit and there’s a lot to discuss. Having just celebrated its 19th birthday, the company is embarking on a major transformation. And it’s not just product innovation that’s happening, the company is greatly expanding its business model.
Workday Has Been A Product Led Company
Much of Workday’s success ... Read more»
For many years companies with global employees have relied on “Employer of Record” (EOR) providers to help hire, manage, pay, and reward employees in remote countries. These EOR vendors, many of which started as service providers, set up business entities in different countries and enable companies to hire employees in these countries without ... Read more»
This week I had an in-depth briefing with the SAP /SuccessFactors architecture team to dig into the company’s long term strategy for AI. I walked away very impressed, and starting to understand how AI does not “replace” an HCM platform, rather it “transforms it” in a very significant way.
There are many “surfaces” for ... Read more»
I just completed more than 20 in-depth interviews with HR Technology vendors to understand their AI strategies. And as I describe in the video below, I believe the results will be dramatic. Not only are vendors reinventing their offerings, new AI-centric systems have a completely different architecture, user interface, and design.
While it’s still ... Read more»
This week we met with Workday at the company’s annual Innovation Summit and I walked away very impressed. Not only is Workday clear-eyed and definitive about its AI product strategy, the company is entering one of its strongest product cycles in years. I have never seen so many Workday features reach maturity and it’s clear ... Read more»
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»
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»
This month Darwinbox, an HR Tech company you probably haven’t heard of, received $72 Million in funding at a billion-dollar valuation. And while the company is still relatively new (founded in 2015), it may be the “next Workday” I’ve been searching for over the last few years.
First, a little history.
Workday, as many know, ... Read more»
Every decade there’s a major shift in enterprise software. In the 1970s companies bought integrated financial systems; in the 1980s and 1990s it was ERP; now it’s a wild west of tools for digital customer experiences, digital employee experiences, and AI-enabled automation.
And thanks to the pandemic, every company is going through a digital transformation. ... Read more»
We have been studying HR technology projects for years and they can be complex and risky. Companies tend to upgrade or replace of their core HCM technology every 7-8 years and when they do it’s a massive change. Not only is it expensive and time-consuming, but these projects can interrupt business growth and take attention ... Read more»
This week SAP, which is now worth nearly $200B, decided to spin off its $8 Billion acquisition of Qualtrics, which happened less than two years ago. Why? Here’s what’s going on.
First, under SAP’s ownership, Qualtrics has been growing like a rocket.
Today SAP sales teams all over the world sell and embed ... Read more»
It’s Fall again and I’m finishing up my biggest-ever report on HR Technology: The HR Tech 2020 Disruptions Study.
This comprehensive study is done in partnership with LRP, the producers of the HR Technology Conference, so you can get your hands on it in one of two ways.
