Workday's $1.6 billion acquisition of Adaptive Insights is drawing scrutiny from a number of quarters as the HCM technology community tries to interpret the drivers behind it.
It's not a cheap deal. As TheStreet noted, Workday is paying about 13 times Adaptive Insights estimated 2018 billings for the company. Noting...
A roundup of deals, product announcements and other news from the HCM technology community.
Workday acquired the "talent agility platform" RallyTeam, calling the deal "another step in Workday's efforts to continually invest in machine learning." In a blog post, Workday Vice President of HCM Products Cristina Goldt wrote that with...
Backed by an investment from Vista Equity Partners, Austin, Texas-based YouEarnedIt acquired fledgling semi-competitor HighGround. In announcing the deal, the companies emphasized the addition of HighGround’s performance management focus to YouEarnedIt’s reputation in employee experience technology.
Autumn Manning, YouEarnedIT’s co-founder and CEO, positioned the move is part of her company’s...
A roundup of deals, product announcements and other news from the HCM technology community.
Salary.com will merge with Compdata Surveys & Consulting, creating an organization with information on 25,000 global job titles and descriptions and an analytics platform that can be used to identify, match, and price jobs across all...
HR organizations who successfully transition to a digital work environment spend 26 percent less on HR than their peers and operate with 32 percent less staff, according to benchmark-data analysis by The Hackett Group. At the same time, these HR departments operate at "dramatically higher levels of effectiveness," the...
The organizers of the U.S.-based HR Technology Conference & Exposition and the workforce-management event HR Summit & Expo Asia have teamed to produce a new HR Festival Asia in May 2019.
The two-day conference will focus on the convergence of HR and technology and how it will influence the future...
HCM technology provider HRnext announced a strategic partnership that will allow it to integrate the time and attendance application PrimeTime into its software suite.
The company said PrimeTime will provide its customers, most of them small and mid-sized companies, with a better solution for time tracking through most devices. The...
A roundup of deals, product announcements and other news from the HCM technology community.
HCM Business
Kronos launched a “Workforce Dimensions Technology Partner Program” to assist partner companies leverage the Kronos D5 platform. The business said the program “will enhance the ability of employees and managers to work their way, completing...
HCM technology customers are done with sales and marketing pitches that tout machine learning, artificial intelligence and the intricacies of other advanced technologies. Instead, they expect vendors to make the case for workable, reasonably priced solutions to the challenges they face in nearly every corner of HR.
Conversations with HCM...
A roundup of deals, product announcements and other news from the HCM technology community.
The 2018 HR Technology Conference & Exhibition wrapped up in Las Vegas Friday, after a week of product announcements, startup pitches and talks on everything from AI to women in HR tech and HR systems surveys....
