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.

Workforce management platform PRO Unlimited will acquire Workforce Logiq at some point later this year. The company said the transaction will combine two organizations that share a common approach to solving their clients’ contingent workforce management needs through the use of a holistic platform. In addition, it will expand...
UKG reported a 20% year-on-year revenue increase of $811 million during the company’s fiscal third quarter, ending June 30, 2121. Subscription revenue grew 20% during the period, while earnings before interest, tax, depreciation and amortization (EBITDA) excluding float grew to $208 million compared to last year’s period. “We are excited...
SAP has purchased the intellectual property of SwoopTalent, a data intelligence firm, with an eye toward embedding its data and machine learning technology into SAP SuccessFactors and advancing SAP’s vision of human experience management.    “Delivering individualization at scale requires a sophisticated, powerful data platform that extends across multiple systems,”...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Paylocity announced continued growth of its Modern Workforce Solutions, which include features such as Community, Premium Video, Surveys, Learning Management and the recently launched Modern Workforce Index. In the fiscal year ending...
Mark Feffer: Welcome to People Tech the podcast of the HCM technology report. I'm mark Feffer. My guest today is William Tincup. He's the president and editor at large for recruiting daily. He's also a well-known annalist advisor and speaker in the world of talent acquisition, HR and technology....
Workday named Google Cloud as a preferred cloud partner across core industries including healthcare, financial services and retail. The company said Google Cloud will help businesses run Workday enterprise applications for finance, HR and planning in a public cloud environment. Workday believes businesses must adopt digital strategies that help improve...
The great majority of HR practitioners believe AI will make even further inroads into their practices over the next five years. According to Eightfold AI’s HR Future State 2021 report, nearly 82% of the practitioners surveyed think HR teams will incorporate more AI tools into their talent management processes during...
Hiring activity has come back “fast and furiously,” with 86% of employers now hiring, a 13% increase from last year. iHire’s 2021 State of Online Recruiting Report also found that more than two-thirds of employers increased hiring within the past year, while just 21% expressed concern about limited hiring...
Listen to a podcast of our roundup. Our weekly roundup of deals, product announcements and other HR technology news. JazzHR announced a partnership with end-to-end e-commerce platform Vendasta. The integration allows customers to access JazzHR within the Vendasta Marketplace. In addition to the Marketplace, Vendasta provides a business app that lets...
Cornerstone OnDemand said it will be acquired by the private equity firm Clearlake Capital. Under the terms of their agreement, Clearlake will acquire the outstanding shares of Cornerstone common stock for $57.50 per share in cash. The deal gives Cornerstone an estimated value of approximately $5.2 billion, the company...