Hyderabad: With a market of $400 billion, the Human Resource Technology market is rapidly evolving, but experts feel that companies need to be ‘thoughtful’ about what kind of technologies they buy and use. Speaking at the Society for Human Resource Management India Technology Conference, Josh Bersin, Principal, Bersin by Deloitte said that companies are introducing newer and emerging technologies but are not reengineering their people with the changes.
“The HR Technology is a rapidly evolving market in India and globally as well. And although organisations are going through a process of digital workplace, they are reengineering their people to become abreast with the changes and that is where it is posing a problem,” Bersin said.
Explaining further, Jeff T H Pon, Chief HR and strategy officer, SHRM said that technology is disrupting work in general and it is important that HR professionals are educated about the ongoing changes in this field. “It is important that the lines between HR, marketing and IT are blurred so as to have seamless growth of the organisation,” Pon added.
Speaking about the Indian scenario, experts also pointed out that technology in HR is ever-evolving and newer technologies like Artificial Intelligence, Machine Learning and others will play a crucial role in this evolution.
The conference saw participation of 850 plus delegates from over 400 organisations and has emerged to be Asia’s fastest growing HR tech conference. It also saw two notable launches made during the first day. First one being the product launch of Litmos by CallidusCloud – aimed at creating a new category known as Learning Automation. Litmos will put learning at the center of the workflow, automate daily tasks and can be deployed across all channels and devices.
The second launch was –Habit Forming Cloud & Mobile Platform in Supporting Employee Wellbeing: An India Study, 2017 by SHRM and Zoojoo.be. According to the report, strong evidence has been found that healthy habit forming platforms help reduce workplace stress and further improve job satisfaction.