Insights on Corporate Talent, Learning, and HR Technology
HRMS refers to the core HR Systems of Record, often called the HR Management System. These systems store employee name, job title, job history, salary, career history, training records, and a wide variety of important information needed to run a company, run payroll, and maintain compliance.
In the Spring of 2018 I attended a confidential meeting in New York City to learn about a project called Lifion. ADP had hired a new team of engineers convened in a secret mission to build the “next-generation platform” for ADP’s offerings in the enterprise market.
This new system, designed ten years after the release ... 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»
As many of you know, the HR Tech space got pretty hot and exciting this year. Workday and ServiceNow each grew at over 30%, SAP acquired Qualtrics for $8 billion, ADP launched its NextGen HCM, and private equity players invested billions of dollars (Kronos, Ultimate Software, Infor, Saba, and others).
Why all this investment? It’s ... Read more»
As I talked about in the article From Talent Management To Talent Experience, the market for corporate talent management software has changed.
Companies are no longer happy with end-to-end talent management systems designed for HR – we now need platforms that help employees (and contingents) manage their own talent experience at work.
While this ... Read more»
As I described in an article a few weeks ago, innovation in performance management reigns. The annual appraisal is going the way of the dinosaur and almost every company I talk with is focusing on continuous conversations, agile and transparent goals, and new culture-based models for coaching, career development, and skills improvement. The big ... Read more»
It’s hard to keep up with all the AI acquisitions taking place these days, as over $10.8 billion was invested in AI startups in 2017 alone. Everywhere I look I find software companies developing tools that are smarter, more predictive, and intelligent.
In the last few weeks there have been three important deals I ... Read more»
I’ve been an analyst following the HR Tech market for almost 20 years now, and this year things are changing faster than ever. In the report we just published, “HR Technology Disruptions for 2018,” I describe the details. In this article I’ll summarize the ten big changes going on.
1) A Massive shift ... Read more»
This week we publish our HR Technology Disruptions for 2017, and I expect to see some radical changes in the year ahead. Let me summarize the highlights here, and I encourage you to read the 50 page report that details our thinking.
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First, tools for engagement, pulse surveys, feedback management, and culture assessment will ... Read more»
For more than 35 years Oracle has been a player in the software market. Founded in 1977 as a database and technology company, Oracle is now one of the largest players in all areas of business software.
I recently spent a day with Oracle’s HR software product team and this article details Oracle’s history and ... Read more»
