Our weekly roundup of deals, product announcements and other HR technology news.
Listen to a podcast of the roundup.
SAP plans to integrate Microsoft Teams across its suite of. SAP CEO Christian Klein said integrating Teams into products like SuccessFactors will help the companies jointly determine the future of work and encourage growth of “the frictionless enterprise.” The companies are building new integrations between Microsoft Teams and SAP solutions like SuccessFactors, S/4HANA and SAP Customer Experience. The integrations are planned for delivery in mid-2021.
The pandemic-spurred need for businesses to ramp up digital transformation and support remote workers will increase IT spending by 6.2% during 2021, to a total of $3.9 trillion. According to Gartner, spending dropped 3.2% in 2020 as CIOs prioritized “mission critical” technology and services. All IT spending segments should return to growth this year, Gartner said, with enterprise software seeing the strongest rebound (8.8%) as remote work environments are expanded and improved..@SAP expands relationship with @Microsoft, bringing new capabilities to SuccessFactors. IT spending's expected to increase, and more in this week's roundup. #HR #HRTech Click To Tweet
Salesforce invested $15 million in Darwinbox, an Indian HR management platform. According to media reports, investing in a South Asian company is a rare move for Salesforce. Darwinbox’s previous investors include Lightspeed India and Sequoia Capital India, and all-told the company has raised $35 million to date. Darwinbox provides tools for onboarding, performance management and retention.
Workday announced a vaccine management solution that provides employers with information that can help protect the health and safety of both remote and on-site workers. The tool combines real-time HR data with immunization information, helping organizations to plan return to work scenarios, support well-being efforts and establish new operating models that can be implemented as vaccines become available. In addition, Workday offers customers configurability to control and securely manage data and protect privacy.
CodeSignal and Upwork expanded their partnership to offer technical skill assessments to freelancers. Upwork Skill Certifications covers assessments for developers with a range of experience and expertise. Junior developers who meet Upwork’s criteria will be eligible to take CodeSignal’s General Coding Assessment. Finally, Learning Technologies Group acquired Reflektive, a provider of engagement and analytics tools. The company will become a part of LTG’s PeopleFluent unit and integrate its solution with existing PeopleFluent talent management portfolio. LTG said the acquisition will bring over 450 new customers to PeopleFluent’s base
Last Week’s Top Stories
ADP Adds New Storyboards, Benchmarks to DataCloud
Among other things, customers now have the ability to benchmark their organization’s data against broader information that’s gathered anonymously from some 740,000 companies. Read more. Read more.
Integrations Will Move Center Stage During 2021
Integrations are a key factor in putting together HR technology solutions. For all the power offered by brand-name suites, the ability to combine core products with third-party offerings has become ubiquitous, to the point where most CHROs and CIOs consider it table stakes. Read more.
3 Fundamental Trends for HR Technology in 2021
Employers are sure to begin 2021 trying to anticipate how their markets, customers and employees will react to the crises that began in 2020. Read more.
Podcast: CEO Steve Beauchamp on Paylocity’s Evolution
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