DECEMBER 2020HR TECH OUTLOOK6The current HR tech arena has been shakenby the coronavirus pandemic and its impact on hiring processes, workforce management. Pushing HR departments into an era of accelerated online recruitment and managing remote workforce. With innovative HR solutions, businesses across all market sectors are trying to cope with the surge in remote employees and processes. For instance, AR/VR-powered employee engagement offerings are aiding HRs in tracking, monitoring, and managing workforce performance and wellbeing. At the same time, more sophisticated solutions that leverage AI, ML, Big Data, and IoT are assisting HR departments to assess and predict the potential of prospective hires, thereby saving a significant amount of time and organizational resources. AI-powered automation is also helping firms eliminate human error from cumbersome HR processes such as interview scheduling, maintaining regulatory documentation, among others, and allowing professionals to use their time performing more vital tasks.Looking ahead, technological proliferation is perfectly poised to positively impact HR management, which is anticipated to grow by a CAGR of 11 percent and reach USD 30 billion by 2025. In this edition, HR Tech Outlook has curated a list of companies that provide innovative solutions to their clients and drive enhanced workforce performance. This issue also blends thought leadership from subject matter experts with real stories on what the selected vendors are doing for their clients, including exclusive insights from CIOs and CXOs. We hope the valuable consultation and novel services from leading as well as emerging companies featured in this publication will help you in making informed decisions for existing and potential technology endeavors.Let us know your thoughts.Bringing Human Resource into the FutureHanna WilsonManaging Editoreditor@hrtechoutlook.comManaging EditorHanna WilsonEditorial StaffSalesAaron PierceAva Garcia Philo VazRussell ThomasVisualizersChris LynnCalvin JamesEditor's NoteRichard Watsonrichard@hrtechoutlook.comCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CHROs and CXOs to our editorial staffEmail:sales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOKDecember - 29 - 2020, Volume 06, Issue 42 (ISSN 2644-2477)Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com Ronald Donovan
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