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Editor’s Note: We welcome Josh Bersin as our new monthly columnist focusing on HR technology issues. As a noted author, speaker and industry analyst, Josh brings a wealth of experience on technical innovation, and he will keep us updated on the latest trends and critical issues in the field.
As most of us know, it’s nearly impossible to be an HR leader without getting deeply involved in technology. Not only does HR technology automate, store and improve almost everything we do, our companies are now flooded with technology—so we have to buy, integrate and simplify technology just to get our jobs done.
In this article I’d like to give you a quick overview of the HR technology landscape. Over time I’ll be explaining many more details of the world of HR technology, diving into details, and telling you more about various providers in the marketplace.
The HR Technology Markets
The HR technology marketplace falls into five broad categories:
There are hundreds of vendors in each of these categories, and most are moving away from installed software toward systems that run in the cloud and operate on mobile devices.
The Biggest Trends
There are several disruptive trends happening, many of which will make an HR professional’s life easier.
Today more than $40 billion annually is spent on HR tools and technology around the world, and HR is becoming more data-driven than ever, according to Bersin by Deloitte’s
HCM Market Trends, 2015 report. Take the time to be careful with HR technology, plan and implement an architected approach, and use experts and peers to make sure you’re selecting the right tools. And ensure that you’re being open and honest with your vendors—the more they know about your company, the better they can configure solutions to meet your needs.
Finally, I urge you to take this area seriously. Developing a simple, easy-to-use, up-to-date technology strategy is critical to your overall success. I look forward to helping Society for Human Resource Management members learn more about HR technology in future columns.
Josh Bersin is founder and principal of Bersin by Deloitte, Deloitte Consulting LLP, a leading research and advisory firm focused on corporate leadership, talent, learning, and the intersection between work and life. He is a published author on the Forbes website; is a LinkedIn Influencer; has been quoted by Bloomberg, NPR and
The Wall Street Journal; and speaks at industry conferences and to corporate HR departments around the world. Contact him on Twitter
@josh_bersin and follow him at
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