hrtechoutlook
SEPTEMBER 2019HR TECH OUTLOOK6With the increasing adoption of a data-driven approach to human resource management, the HR landscape is experiencing significant changes in the delivery of its core services. Furthermore, to cope with this transition, businesses across all market segments are leveraging emerging technologies to gain the ability to measure and analyze metrics on employee life cycles and real-time performance tracking of their workforce. To achieve a competitive advantage and compete in the global arena, organizations are also developing strategies powered by analytics technology to attract and retain top talents and support their organizational and business objectives.In light of these competitive advantages, HR analytics has garnered significant relevance in recent years. And, by implementing employee analytics, HR departments are assisting their enterprises in a number of innovative ways. Firstly, with analytical tools, HR is compelling competent candidates to join, excel, and most importantly, stay at their firms. Moreover, analytics is enabling HR teams to make, quick, and well-informed decisions with respect to employees via its multiple data streams and employee touchpoints. From a recruitment and training perspective, HR analytics is predicting the performance of talented candidates by helping HRs identify and evaluate the most impactful and effective training programs. Looking ahead, the use of HR analytics opens newer possibilities and promises a quantum leap for the potential of data insights within organizations. Additionally, by leveraging analytics in conjunction with other emerging technologies such as blockchain, big data, and machine learning, future HR departments will be able to effectively automate recruitment processes such as resume matching, candidate screening, among others. Other sought after concepts include the matching of skills and qualifications of employees with job descriptions to create personalized learning opportunities based on the individual's learning history, goals, and preferences. However, while all these capabilities make analytics a top-priority investment for every organization, companies across all verticals must make sure that they have the right change management processes to strengthen the business value drawn from the gathered insights. In this edition of HR Tech Outlook, we are presenting to you the companies that are at the forefront of revolutionizing the analytics space.Let us know your thoughts.Ushering the Era of Data-Driven HR ProcessesHanna WilsonManaging Editoreditor@hrtechoutlook.comManaging EditorHanna WilsonEditorial StaffSalesAaron PierceAva Garcia Philo VazRussell ThomasVisualizersChris LynnCalvin JamesEditor's Noterichard@hrtechoutlook.comRichard WatsonCopyright © 2019 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 staffContact Us:Phone:+1 (510)-369-5331Fax:510-894-8405Email:sales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOKSeptember - 19 - 2019, Volume 05, Issue 19 (ISSN 2644-2477)Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com Ronald Donovan
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