Our weekly roundup of deals, product announcements and other HR technology news.
Beamery unveiled a new model for businesses to run workforce planning and make real-time decisions around hiring and talent development. The company said the AI-driven workforce planning solution will give managers continuous insights around how best to develop their team’s skill portfolio, when to hire (along with the likely costs) and when it’s faster or more efficient to source internally, upskill workers or open a short-term project or gig.
About 65% of HR leaders said AI has improved the productivity and efficiency of their department, according to a report by Engagedly. The study, State of Artificial Intelligence in Human Resource Management, found that AI adoption in HRM is growing rapidly, automating repetitive tasks, improving decision-making processes and improving the overall employee experience.
Digital workforce solutions provider Factorial launched Factorial AI, a generative AI tool designed to help businesses streamline operations while saving time and costs. As part of the launch, Factorial introduced an AI talent capability that’s designed to speed up the recruitment process and cuts costs. It does this by automatically screening CVs and filtering clients before the first interview, which in turn should help HR teams prioritize the best talent and focus on growing their culture in the right direction.
Talent Solutions Right Management, a career management solutions company and part of ManpowerGroup, launched PowerSuite Next for Career Transition, an offering designed to enhance the outplacement experience. With it, the company hopes to enable organizations to offer a consistent and equal level of support, while providing a seamless experience to their departing employees wherever they are in the world.
Engagement and gifting company Client Giant released Happy People, a platform designed to drive employee engagement. According to the company, the platform is meant to help organizations and HR teams of all sizes encourage happiness, celebrate meaningful moments and recognize milestones at scale, without sacrificing the human touch.
Ciphr appointed Simon Witkiss as its first vice president of product. He will report directly to Ciphr CEO Sion Lewis, who he previously worked with at IRIS Software.
Last Week’s Top News
UKG Acquires Global Payroll Platform Provider Immedis
UKG will acquire Immedis, a global payroll provider with technology and services operating in more than 160 countries. The acquisition will lead to a new product from UKG to help consolidate global payroll. Read more.
Candidates Leery of AI-Based Hiring Tools
For job seekers, finding a new position is not only complicated by today’s economic uncertainty, but also by the AI tools companies use in the hiring process, according to Insider. Read more.
Fountain Acquires Provider of Conversational AI Technology
Fountain acquired the intellectual property and employees of Clevy, a provider of conversational AI technologies. The transaction integrates Clevy’s AI capabilities into Fountain’s technology with the goal of helping to make the hiring of hourly workers easier and more efficient. Read more.
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