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.

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. 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...
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...
ADP and Microsoft have indicated their intention to continue looking for ways to join their technologies so that companies can create systems that allow simpler management of both business and HR tasks. That word came Tuesday, when ADP launched ADP Workforce Now, an HCM platform that works with Microsoft Dynamics...
New hires, promotions and other personnel moves throughout the HCM technology community, including new appointments at HR tech customers.. Customer Side Wells Fargo & Company named David Galloreese to be its head of Human Resources as of July 9. He will be based in San Francisco. He most recently served as...
Microsoft's acquisition of GitHub shouldn't surprise anyone who's been watching the online-recruiting world over the last few years. On Monday the Redmond-based giant announced an agreement to acquire the 28 million-member software development community for $7.5 billion in stock. Microsoft said it expects the deal to close by the end...
A roundup of deals, product announcements and other news from the HCM technology community. SAP SuccessFactors rolled out a Visa and Permits Management tool aimed at simplifying the way HR and business managers source international talent. The solution helps employers more efficiently work their way through visa and permit management...
The HCM technology conference formerly known as HR Tech World reintroduced itself as UNLEASH America last week, bringing to Las Vegas a “less-is-more” dynamic that both attendees and exhibitors said emphasized discussions over product demos and offered buyers the opportunity to spend more time exploring solutions that might interest...
New hires, promotions and other personnel moves throughout the HCM technology community. Matt Straz was ousted as New York-based Namely's CEO after the company's board decidied "his actions were inconsistent with that which is expected of Namely leadership." Until a successor is found, board member Elisa Steele will lead the...
Market researcher Technavio predicts the market for global HCM technology will grow at a CAGR of more than 8 percent between 2018 and 2022. A big driver is an obvious one, by now: The continued expansion of cloud services throughout the IT world. Technavio observed that the latest HCM solutions...