Business

As technology advances, so does the opportunity for vendors to serve business of all sizes. But HCM technology is constantly changing as new companies emerge, old vendors plan for market changes and new generations of employees demand more from their tools. Here’s our coverage.

London-based Learning Technologies Group will acquire GP Strategies Corporation, a workforce transformation solutions firm. The deal is worth an estimated $394 million. The companies said that, once the transaction is complete, they’ll form one of the world's largest solutions providers for businesses as they recast themselves. The company will deliver...
In this guest column, SAP Fieldglass CTO Vish Baliga writes that the growth of the contingent workforce requires employers to rethink how they approach diversity. A lot has changed in the past decade. Phones are slimmer and smarter, streaming services are replacing cable TV, but one recent change—the proliferation of...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our update. Learning technology company Articulate raised $1.5 billion in what VentureBeat calls “one of the biggest (if not the biggest) series A rounds ever.” The funding raised Articulate’s value to $3.75 billion. Articulate...
Indications are that a number of employers will transition to some form of hybrid work, where employees spend some of their days at home and others in the office. But exactly what that will mean for HR and workforce technology spending isn’t clear. According to Gartner, IT spending will reach...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. By 2024, 80% of technology products and services will be built by people who aren’t tech professionals, Gartner said. Driving the trend is a new category of buyers who work outside of...
The Covid-19 pandemic has sharpened employers’ focus on employee experience, with more than nine in 10 of them (94%) saying improving experience will be a top priority over the next three years. That’s up from 54% before the virus struck, according to a survey by Willis Towers Watson. The numbers...
People analytics firm Visier raised $125 million in a Series E funding round, bringing its estimated value to about $1 billion. Visier said it’s the first vendor in the space to reach so high a valuation. The company is benefitting from what CEO Ryan Wong called an “unprecedented demand for...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Gloat closed a $57 million Series C investment round, which brings its total funding to $92 million. The talent marketplace provider will use the investment for product development and market expansion. The...
Recruiting platform provider Beamery raised $138 million in Series C funding after turning in what it called “a record” performance, including triple-digit revenue growth during the fourth quarter and passing 1 million roles filled by its platform during 2020. The round was led by the Ontario Teachers' Pension Plan Board,...
Burning Glass Technologies said it will merge with Emsi, a labor market data firm, with the backing of its primary investor KKR. Terms were not disclosed. The combined company, to be called Emsi Burning Glass, will be led by Burning Glass CEO Matt Sigelman. Andrew Crapuchettes, Emsi’s former CEO,...