The rate of new technologies being developed and companies providing them is increasing annually.Â In order to track the players and their innovations, these new quarterly reports will summarize activity in technology advancements and funding initiatives that support product innovation in the HR world.
This year got off to a brisk start, with 36 major technology announcements noted.Â Most of these were around funding for small or start-up organizations and included three areas of development: artificial intelligence (AI), platforms that facilitate communication between employers and employees or candidates, and blockchain technology.
Nearly one-quarter of the announcements cited referenced AI, but what exactly companies actually deliver when they say theyâre employing it can vary greatly.
This report is the first in a series of quarterly reports providing activity analyses about major technology breakthroughs or applications and also insights from the study sponsor, Alexander Mann Solutions.
What other technologies are impacting the future of HR? To find out, download the report by clicking below: