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.

More than 60 percent of companies using HR SaaS have achieved significant savings in their people operations, according to researcher ISG. But when it comes to contributing measurable value to the business, progress lags. ISG’s 2019 report on HR technology and service delivery trends found...
IAC unit BlueCrew, an on-demand platform for W-2 workers, expects to be available in U.S. markets this year, including Chicago, Detroit, Miami, Minneapolis and Phoenix. The expansion follows a year that saw sharply higher revenues because of “accelerated adoption from employers,” the company said. BlueCrew now...
Ceridian’s been buying assets this week. The company purchased nearly all the assets of the Richmond, Va., analytics firm Clearview Logix, and certain intellectual property from Paysa, an AI-powered personal career advisor. Among those assets are Paysa.com. The acquisitions are rooted in Ceridian’s intention to aggressively invest...
Wipro Limited will sell its Workday and Cornerstone OnDemand business to Alight Solutions for about $110 million in cash. As a result of the agreement, approximately 350 employees of Wipro’s Workday and Cornerstone teams will move to Alight. The companies...
In this guest column, HCM consultant Victor Lindsay looks at why HR technology isn't the panacea some claim it is. The World Economic Forum's Future of Jobs 2018 report predicts that “by 2025, machines will perform more tasks than humans in the workplace.” Even...
This week's roundup of deals, product announcements and other news from the HCM technology community. Facebook, Google and Microsoft are moving deeper into the HR technology market, reports SHRM. The results could include faster consumerization of HR tech and increased competition as HR leaders find themselves with more solutions to...
Beamery, which develops candidate relationship and recruitment management software, received a strategic investment from Workday Ventures and will join the Workday Software Partner Program. In addition, Workday’s talent acquisition team will use Beamery’s products in its own efforts to identify candidates. Charles Mah, Workday’s...
This week's roundup of deals, product announcements and other news from the HCM technology community. Kronos continued to expand Workforce Dimensions Technology Partner Network by introducing additional healthcare-focused software providers that use Workforce Dimensions and the Kronos D5 platform. The new partners and include ConnectRN, Healthcare IT Leaders, PayActiv and...
This week: D&I solutions are a $100 million business, HireVue sets up an ethics advisory board for AI development, HR pros say their analytics skills are just fine, thank you, and Chad... Well, let's not go there. Welcome to another HCM Technology...
CareerArc raised a $30 million growth equity round from an investor group led by PeakEquity Partners. The company, which says it’s the only HR tech firm to offer both social recruiting and virtual outplacement solutions, helps organizations manage the hiring of new talent and moving employees out of the organization....

News & Analysis for the HCM Technology Community.