Sierra-Cedar released the 20th HR Technology Study this month. Three macro-trends were revealed:
1 Data security and IT risks are hot topics in the news this year. We see that 70% of the organizations with the highest HR Talent and business outcomes have a risk and security strategy that includes HR system.
2 As employees and leaders come of age in the world of big data, they expect a level of personalization and customization which HR Technology is beginning to address. 30% of organizations are increasing learning, recruiting, and HR data analytics roles to meet this need.
3 Next generation technology is designed to inform our decisions and simplify our activities; it’s meant to be invisible and ubiquitous in our lives. The line between what organizations want and what they can do may come down to Intelligent platforms.
The top HR technology initiative was business process improvement followed by HR systems strategy. The study queried 1320 organizations across 28 countries. Fifty-four percent were SMEs.