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.

To get attention, startups in HCM technology usually have to smack their ball out of the park. But sometimes a company gets genuine notice only when it crashes and burns. Such is the case with Joonko, a hiring platform focused on DEI. Seven years old, the company had raised a...
Small and medium-sized businesses make up 44% of American GDP, nearly 50% of employment and roughly half of the $370 billion companies spend on technology. They're being rattled by economic uncertainty, of course, but in response are adopting more sophisticated approaches to purchasing, such as centralizing-decision making and and becoming more...
Our weekly roundup of deals, product announcements and other HR technology news. Sapia.ai launched a new function that will detect and flag responses sourced by generative AI, like ChatGPT, in real time. According to the company, it will prevent candidates from using generative AI tools to respond to prompts in...
AI technology will disproportionately replace jobs typically held by women, according to the HR analytics firm Revelio Labs. Its study, conducted by the National Bureau of Economic Research, showed that artificial intelligence is “aggravating gender disparity” as companies consider cutting staff in favor of using AI technology. According to Revelio,...
We spoke with Workforce Software CEO Mike Morini, a 30-year industry veteran who's spent much of his time growing and scaling enterprise software companies. He previously held executive positions at SAP, Aria Systems, OutlookSoft, InterWorld and Verbind.  How do you think today's labor market and economy are affecting the way employers think...
Learning platform provider Docebo acquired Edugo.AI, a generative AI-based Learning technology that uses advanced large language models and algorithms to optimize learning paths and adapt to individual learner needs. Docebo said the acquisition has two primary objectives: to enhance its existing AI capabilities and add new features to the platform. “The...
Transcript Mark: Welcome to PeopleTech, the podcast of the HCM Technology Report. I'm Mark Feffer. My guest today is Brent Skinner, co-founder director, and principal analyst for HCM at 3Sixty Insights. Not long ago, he kicked off a discussion on LinkedIn to consider the pros and cons of full suite...
Investments in AI technology will help increase productivity and improve the employee experience, HR leaders told Paychex. The executives said their companies are facing challenges with issues such as burnout, quiet quitting and employees working multiple jobs simultaneously.  To combat these issues, the majority of companies said they plan to...
Our weekly roundup of deals, product announcements and other HR technology news. beqom, a provider of compensation and continuous performance management solutions, introduced a new product for managing pay equity. The company said the solution enables organizations to identify pay gaps associated with gender, ethnicity, age and other demographic factors...
Another prediction of growth for the market for generative AI in HR. The latest report predicts the market will grow from $413 million in 2022 to $1.66 billion in 2032, with a CAGR of 15.4%. MarketResearch.Biz said generative AI’s ability to help automate a number of time-consuming and labor-intensive processes...