NOVEMBER 2018HR TECH OUTLOOK6With the shift from paper to digital, HR departments and C-suite executives are seeking solutions to assist them in leveraging the oncoming technological transformation to optimize their hiring processes. This demand for HR solutions has led to the emergence of startups that offer solutions to help resolve HR challenges through the incorporation of innovative technologies and inventive approaches. Further, by developing solutions based on technologies such as artificial intelligence (AI), machine learning (ML), natural language processing (NLP), cloud services, and the internet of things (IoT), these startups are aiding businesses in making their HR processes more flexible and agile.Owing to paradigm shifting technologies such as blockchain, AI-powered applications, and analytics, HR departments today are able to manage and synchronize tasks with ease, resulting in the creation of a better employer-employee relationship and increased workflow efficiency. The boom in the collaboration between HR tech startups and large corporations is replacing the cost-intensive legacy ERP systems with software-as-a-service (SaaS) packages.Today, businesses are deploying AI and ML algorithms to assess candidate profiles and create job descriptions and candidate requirements. The utilization of analytics is assisting HRs in the real-time monitoring of their various engagement strategies. Additionally, by integrating HR processes with the cloud, firms can reduce costs, achieve faster updates, and avoid prolonged downtime in case of emergencies.As newer channels for engagement surface in the marketplace, businesses are keen on implementing HR tech solutions to enhance their ability to provide digitally oriented HR services and simplify the hiring of skilled individuals. In the light of this, HR Tech Outlook presents its HR tech startup special edition featuring insights from industry leaders and innovative solution providers.We hope this edition is valuable in helping you build effective and efficient HR processes.Optimizing HR with InnovationHanna WilsonManaging Editoreditor@hrtechoutlook.comNOVEMBER 30, 2018HR Tech Startups SpecialContact usPhone:+1 (510)-996-5123 Emailsales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOKNovember - 30 - 2018, Volume 04, Issue 16 Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com Managing EditorHanna WilsonEditorial StaffAaron PierceAva Garcia Joshua ParkerPhilo VazRussell ThomasVinutha DayanandVisualizersAR RamjithEditor's NoteSalesSherin Matthewsherin@hrtechoutlook.comCopyright © 2018 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 CIOs and CXOs to our editorial staff
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