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.

Engagement and feedback platform provider CultureIQ will merge with CEB's Workforce Surveys & Analytics division. WS&A is to be divested from CEB's parent, Gartner. Exactly what this means isn't entirely clear, and the companies are keeping details under wraps until the deal closes sometime around April 30. However,in a press...
New hires, promotions and other personnel moves throughout the HCM technology community. Vibe HCM hired Susanne Bowen as CEO. She has over 30 years of sales and general management experience in technology and HCM companies going as far back as Webhire. DHI Group, the company behind the job sites Dice and eFinancialCareers,...
While procurement groups are improving their approach to digital tools, their budgets are expected to remain virtually flat during 2018, according to a report from researcher the Hackett Group. "While procurement leaders acknowledge the importance of strategic enterprise objectives, including expanding procurement’s influence, elevating the role of procurement, and improving...
Deloitte's 2018 Global Human Capital Trends report argues that businesses must take on a new leadership role in today's society, and hints that changes in workforce dynamics might put expanding engagement efforts at the center of their strategies. As the use of advanced technologies like artificial intelligence, automation and workforce...
Data Windows
The global market for AI-driven recommendation engines will grow from about $800 million in 2017 to $4.4 billion by 2022, a compound annual growth rate of 40.7 percent, according to a report from the research firm MarketsandMarkets. Driving the growth is an increasing focus on enhancing consumer experiences and the...
An informal poll hints that practitioners and other end users of HCM technology like the idea of HR becoming bolder and striving to have more impact on their organizations' business strategy and results, themes emphasized in a speech given Monday by Johnny C. Taylor, Jr., the Society of Human...
Paychex has acquired the Danish payroll and HCM technology provider Lessor Group, which provides SaaS and on-premise solutions through its own platform and do-it-yourself cloud-based services under a variety of brand name in Denmark, Germany, Norway and Sweden. The acquisition supports Paychex's strategy in Europe by providing the company with...
Large businesses are diving below the surface of the Tax Cuts and Jobs Act, the tax law passed in December 2017, to uncover benefits that may not be as sexy as how C corporations and some LLCs are now treated, but could impact HCM technology spending. The consulting firm Mercer...
Engagement overshadows nearly every conversation that takes place in the HCM technology world. Whether they’re building solutions for recruiting, learning or data, nearly every presentation by “disrupters” at HR.com’s LEAD 2018 conference somehow circled around to engagement. The presentations were made to an “Influencer” track was added this year to...
HCM Technology vendors should begin to consider how they can help customers expand their HR activities in ways that go beyond the traditional. Over the last few years, we've seen more companies get serious about solving problems that either the market or government have failed to deliver on. It leads us to...