Our weekly roundup of deals, product announcements and other HR technology news.
Employee experience company Workleap acquired Pingboard, a U.S.-based HR tech SaaS company with org chart and employee directory capabilities. With the acquisition, the company hopes to make the work experience simpler.
Despite economic uncertainty and the rise of AI, hourly workers are confident about their job prospects. The majority are optimistic about their ability to switch jobs easily or grow in their current position (51%), said the payments platform Branch. They’re also unconcerned about AI’s possible impact on their work (56%).
The candidate skills assessment industry is anticipated to generate $7.4 billion by 2032, at a CAGR of 12.6%, according to Allied Market Research. The firm said the rise in need for efficiency and transparency in hiring processes, a surge in adoption of pre-employment screening tests and increases in internet users are driving the growth of the market.
iCIMS appointed Jason Edelboim as chief executive officer, effective January 2, 2024. Edelboim brings nearly two decades of experience in data, technology and enterprise software. He previously held leadership roles at Dataminr, Cision and PR Newswire.
Ciphr appointed Julie Lally and Daniel Turnbull to its leadership team as managing director of payroll and vice president of customer operations, respectively.
Alight named Siobhan Nolan Mangini to its board of directors.
Last Week’s Top News
Google’s Gemini Hints at More Robust Use of Generative AI
Google’s Gemini, the new AI product launched last week, is positioned as a leap into AI’s next generation, able to work with a variety of media types across a variety of products. Its capabilities could power solutions to tackle issues that go beyond content generation, debugging and summarizing. Some these potential applications would directly impact HR’s work. Read More.
2023: A Tough Year, But We’ll Always Have AI
Between a predicted recession, mass layoffs, multiple global crises, industry-wide strikes and labor shortages, 2023 was tough. Moreover, the year saw rapid digital transformation with the rise of generative AI, especially in the area of workplace and HR technology. Here’s what we saw in 2023. Read More.
Salesforce Embeds More AI Into Its Platform
Salesforce announced “significant” updates to its Einstein 1 Platform, adding copilot search functionality along with a Data Cloud Vector Database. Read More.
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