The first quarter of 2021 marked a positive turn following the effects of the COVID-19 pandemic – as reflected in the 145 major HR technology announcements introduced during the quarter. Up a substantial 56 announcements from the end of 2020, the HR technology sector continued to grow despite the state of the world economy.
To fully grasp the frequency and funding of announcements for advancing technologies in Q1 2021, HRO Today‘s quarterly report examined HCM systems in the following:
- Employee records
- Learning and compensation management