HR technology has become increasingly important in business today. New technologies such as AI, profile analytics, cognitive tools are disrupting the traditional HR industry. In addition to this, companies are adopting new ways of management. Employees no longer work in fixed roles, instead, people are working in team which requires multi-functional cooperation and communication. Throw into the mix, the challenges created by the pandemic, organizations are pushed to adopt new technology for business continuity, accelerating the transformation in the industry.
The Snapshot below summarizes our observations of the 2021 HR tech and projections of its developments in the near future.