Industry News

Coverage of business deals, partnerships, new products, people moves, marketing strategies, regulatory issues and other developments that HCM solutions providers, HR leaders, financial executives and investors need to know.

This week: D&I solutions are a $100 million business, HireVue sets up an ethics advisory board for AI development, HR pros say their analytics skills are just fine, thank you, and Chad... Well, let's not go there. Welcome to another HCM Technology...
CareerArc raised a $30 million growth equity round from an investor group led by PeakEquity Partners. The company, which says it’s the only HR tech firm to offer both social recruiting and virtual outplacement solutions, helps organizations manage the hiring of new talent and moving employees out of the organization....
This week's roundup of deals, product announcements and other news from the HCM technology community. Dice and ClearanceJobs parent DHI Group reported revenues of $38 million from tech-focused products during 2018’s fourth quarter, unchanged from the year-ago period. Dice revenue was down 4 percent, to $24 million, though the company...
HR professionals believe they’ve come a long way in their use of data, with more than half saying they’re comfortable using prescriptive and predictive analytics. Unfortunately, many corporate leaders and Finance professionals don’t believe them. That could make for trouble down the road, as more observers see a need for...
Welcome to HCM Technology Report’s Weekly Round-up via PODCAST… Just another short blast of HR Tech with a boost of Rock N Roll and a few unsavory words handed down from The Chad & Cheese – HR’s Most Dangerous Podcast – I’m Chad Sowash – yes that Chad… the...
HR.com has expanded the scope of its annual LEAD conference by partnering with Qualtrics’ X4 Experience Management Summit. The events will be held March 5-8 in Salt Lake City. LEAD offers an immersive educational program for professionals who create leadership development programs in large companies. With between 200 and 300...
UPDATED: Ultimate Software will be acquired by an investor group led by private equity firm Hellman & Friedman. The all-cash transaction’s value, at $331.50 per share, is around $11 billion. Under the agreement, Ultimate will continue to be led by founder and CEO Scott Scherr and his existing management team....
Infor has received a $1.5 billion infusion, which the company called “an important milestone” as it mulls the possibility of an IPO later this year or in 2020. The investment, from shareholders Koch Equity Development and Golden Gate Capital, builds on the more than $2 billion KED put into Infor...
We won’t go so far as to call 2019 the “Year of Learning,” but the way things are shaping up, the increasing need to upskill and/or cross-train workers may force employers to pay dramatically more attention to corporate learning, and soon. The big question, of course, is whether that...
Small and mid-sized business throughout the Americas are moving more of their activities to the cloud, indicating that business for cloud-based HCM solutions providers will expand rapidly in emerging markets like Central and South America. Consultants who can help companies move to the cloud also are in a position to...

News & Analysis for the HCM Technology Community.