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1 The current HR Tech Landscape Anna Ott [email protected] www.frauott.com

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Page 1: The current 1 HR Tech Landscape anna ... · Clinch. 33 Create, edit, and share branded video job ads from your mobile. VideoMyJob Digital employee referral program. Firstbird Job

1

The currentHR Tech

Landscape

Anna Ott

[email protected]

www.frauott.com

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Welcome

GROUP EFFORT STOP ME!

DOWNLOAD THIS

bit.ly/SRD_AO

TRY THINGS

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The world we work in.

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“We are not adopting technology faster than before.

Just more people are affected.

This is why it feels accelerated.”

(Michael Chui, McKinsey Global Institute)

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The changing nature of a career

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“Tech is going to take our jobs. It always has.”

Tim O’Reilly, Futurist

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The current state of HR Tech

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The rise of HR Tech

https://larocqueinc.com/q3-2018-hr-tech-vc-review/

YTD $2.83 Billion

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https://larocqueinc.com/q3-2018-hr-tech-vc-review/

35% of the investments went into Talent Acquisition

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A new generation on the rise?

Just an estimate. No

one knows for sure.

22kHR Tech Vendors

By far the biggest

single subcategory

globally.

12kTalent Acquisition

Have started less than

2 years ago.

200 of them in

Europe...

1kNewcomers

http://bit.ly/HRTECH_GER

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https://larocqueinc.com/q3-2018-hr-tech-vc-review/

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The appliance of Tech in HR

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Companies spend around $1,200 a year per employee on employee training

This is a $140 billion market.

Recruiting spend is about three times larger.

More than 20% of all workers change jobs every year.

So employers are constantly

advertisingsourcingrecruitinginterviewingassessingand onboarding

new people.

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“There are more AI vendors focussed

on recruitment than any other HR area.”

CognitionX

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AITECHNOLOGIES AT A GLANCE

DATA

Ingest and digest data rapidly to

identify patterns, predict trends

etc.

DETECTING SIGNALS

Correlate data, predict trends,

patterns and signals like mood,

honesty, personality.

CUSTOMIZE

Build platforms for e.g. Learning

and Coaching based on the

recipients needs and learning

behavior.

AUGMENT

By freeing up time, AI can be a

smart augmentation of business

decisions and more and more

automated proceses.

“Ironically, machines will help HR feel more human and personalised.” It is

a tool for suggestion and improvement - not an independent decision

making system.

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ARTIFICIAL INTELLIGENCETECHNOLOGIES APPLIED

Sourcing & Candidate Management

Selection & Assessment

Browse a full list at

directory.cognitionx.com

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CHAT BOTSTECHNOLOGIES AT A GLANCE

CXInstant extraction of relevant

information. Mobile. 24/7.

PRESCREENFilter candidates through smart

and genuine conversations.

RE-ENGAGEGet back to the undecided.

GDPR compliant.

SAFE TIMEAutomate redundant processes

and use the time to talk to actual

humans.

Entrepreneurial activities differ substantially depending on the type of

organization

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CHAT BOTSTECHNOLOGIES APPLIED

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BLOCKCHAINTECHNOLOGIES AT A GLANCE

VERIFICATIONTheft and fraud in skills,

qualification, education, identity

are a major problem in most

industries.

REVIEWSNext to verifying employee data

(e.g. performances reviews), it will

allow them to “travel with” an

employee over their career.

PROTECTIONBoth candidates as well as

recruiters have been spammed

by fake profiles in the last years.

SMART CONTRACTSBlockchain is a database without

a single point of control, smart

contract is distributed business

logic.

The processes most appropriate for transformation through blockchain

are likely to be those that are slow, cumbersome, labour-intensive and

expensive due to the need for significant data collection and third-party

verification.

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BLOCKCHAINTECHNOLOGIES APPLIED

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“Technology is easy. What is hard is shifting a

culture and politics.”

Louis Hyman, Economic Historian

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Thanks. [email protected]

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Backup

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https://talenttechlabs.com

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The HR Maturity Continuum

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The evolution of HR Tech

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The New Age of Talent Acquisition

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The Reality of Talent Acquisition

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Recruitment chatbot for

your team

JobPalRecruitment

Automation to message

and connect contacts to

chatbots.

RoboRecruiterTalent Pipeline Software.

CandidateIDRecruiting Software for

Advanced Matching &

Tracking of Candidates

to Opportunities.

PocketRecruiter

SOME OUTSTANDING SOLUTIONSLET’S EXPLOrE

10x Faster Talent

Sourcing with AI and Big

Data.

HIRETUALOnline Reference

Checks Made Simple.

XREFCalendar API to help

businesses and their

customers synchronise

calendars.

CronofyOnline Recruitment

Software: Landing

Pages, CRM, Analytics ...

Clinch

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Create, edit, and share

branded video job ads

from your mobile.

VideoMyJobDigital employee referral

program.

FirstbirdJob Marketing Platform

to Predict the Number

of Applicants.

VONQRecruiting Software for

Advanced Matching &

Tracking of Candidates

to Opportunities.

TalentsConnect

SOME OUTSTANDING SOLUTIONS IILET’S EXPLOrE

People Insights from

Game Technology.

ArcticShoresNext generation

platform for executive

search and staffing

agencies.

LoxoMATCHING TALENT TO

OPPORTUNITY,

BIAS-FREE..

PymetricsSupercharged Job

Descriptions!

Ruutly

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TALENT DISCOVERYPROBLEM #1

In some industries/jobs, finding talent is the hardest

part. This is why there are plenty of solutions to

(actively) search, prescreen and engage with (hidden)

talent. Challenges are: keeping up with the

everchanging ways to identify and interact with

candidates on various platforms.

RECRUITMENT AUTOMATION

PROBLEM #2

In other industries/jobs instead, there are just too many

candidates to sift through. Challenges are: skill detection & skill

matching or general prefiltering/-screening and workflow

automation.