Technology is diffusing through businesses rapidly, and the HR organisation is no exception. It is predicted that in the next 10 years, more than half of the office occupations will be displaced by technology . How can an organisation manage these kind of challenges? What is key for strategy as the New Year approaches rapidly? And which work areas will be taken over by technology? We hoped to answer these questions, amongst others at the HR Tech World Congress.
The European chapter of the HR Tech World Congress was held in Paris on 25-26th October. We were excited to experience this worldwide event for ourselves, as it is key for Technology and Innovation in HR. At the event, you are guaranteed to hear about the future of people management and witness cutting-edge digital solutions for HR. As well as inspirational talks from industry thought leaders and experts, the event attracts CEOs and HR managers of leading international companies, that take this opportunity to network and knowledge share.
The event has given us a heightened awareness of the opportunities and challenges our existing and prospective customers have today, and what we can predict will arise in the coming year. In an evermore dynamic ‘people’ market, it’s essential to take onboard the know-how of HR Technology, such as supporting people management, having a positive impact on relationships with employees, and helping to avoid ill-informed HR investments. It’s all about future-proofing your business and people in the increasingly competitive, inter-connected market.
Our expert Robert Augustyniak on our visions and goals from HR tech World
HR Technology Key Takeaway: supporting the shift from talent management to people management.
2016 was one of the most disruptive years in this decade for the HR Technology market. According to Bersin, an expert in the field, HR technology is about to reinvent itself . CB Insights also echo Bersin’s predictions, showing the incredible leap in market investment from $ 2.4 billion in 2015, to approximately $3.8 billion in 2016 – a 60% increase. The drive in investment was primarily due to the growing popularity of HR Management platforms , especially the developments enabled by cloud technologies, accessibility to analytics, and the rise of social media and mobile devices .
It has been these technological developments that have supported the shift from talent management to people management. The philosophy has changed, according to Bersin, making HR more engaging and valuable than ever before.
What else caught our eye at HR Tech World?
In conclusion, development of new technologies that provide its users unlimited possibilities and changes of the human resources ideas/conception cause that HR software implemented by the company a one decade ago, now are relic/holdover
Skilo helps HR departments to meet the challenges of the modern digital world. It enables companies and employees taking a step toward a new era in the world of work, which is more surprising and innovative than ever before.
Therefore, during this year’s HR Tech World, we shared with participants inspiring knowledge about what modern IT solutions can offer Human Resources and about benefits that HR can derive from them.
Check out Skilo’s photos from the event, here is a selection:
 “The HR Software Market Reinvents Itself,” Forbes.com / Josh Bersin, July 18, 2016, www.forbes.com/sites/joshbersin/2016/07/18/the-hr-software-market-reinvents-itself/#277e25ea4930.
 “Software Eats The Back Office: HR Tech Startups See Over 60% Funding Growth In 2015,” cbinsights.com, March 8, 2016, www.cbinsights.com/blog/hr-tech-funding-growth/.
 “HR Tech Roars Back As Deal Activity Ties All-Time High,” cbinsights.com, April 11, 2016, www.cbinsights.com/blog/deal-activity-record-q1-2016/.
 “HR Technology Disruptions for 2017: Nine Trends Reinventing the HR Software Market”, Josh Bersin, Bersin by Deloitte 2016.