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20+ High Impact HR Technology Acquisitions, Mergers, and More from 2020

Lighthouse

In 2020, in spite of the pandemic-related shutdowns and other business impacts, the HR technology industry was within a few M&A deals of the 2019 numbers we were tracking (approximately 50). It also helps to highlight certain trends and shifts in how the market operates, as we pointed out in our 2019 HR Tech M&A roundup.

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Gamified Assessments: Revolutionizing Talent Acquisition Beyond a Passing Trend

Owiwi

In the ever-evolving landscape of talent acquisition, gamified assessments stand out as a significant and transformative trend. However, the adoption of these innovative solutions is not without challenges, particularly regarding customization costs. billion in 2020, a 9.3% increase from 2019.

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What’s Keeping HR Up at Night in 2020?

HRExecutive

million in January 2019 to 6.8 million in January 2020, according to the Bureau of Labor Statistics. Is this an early sign that the talent shortage is dwindling? Another says, “We develop leading-edge custom business solutions. Our people MUST maintain capabilities and skills with the latest technologies.”.

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Understanding the Ecosystem of Managed Direct Sourcing Suppliers

LiveHire

For many organizations with mature contingent workforce programs, significant efficiencies have been gained over the past 10 years by leveraging Vendor Management Systems and/or Managed Service Providers. Yet, for many the challenge lies in how to successfully navigate new technology, partners, and processes for seamless implementation.

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Year in Review: Talent Acquisition in 2019 & the 2020 Impact

Lately, talent acquisition has had us all sitting at the edge of our seats. Will salaries continue to climb due to roles impacted by the talent gap? And speaking of the talent gap, as more roles require knowledge in emerging technologies, how will that play out as we move forward with a historically low unemployment rate?

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Staffing Firms Among the Many Industries to Adopt AI by 2021

FingerCheck

The dominance of AI in the talent acquisition and recruiting industry will gain momentum in 2020 – that’s according to a new global survey. According to the survey, two thirds of all staffing firms polled, will adopt AI-powered applicant tracking systems (ATS) by the end of 2020. Firms in the U.K.

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4 Ways AI is Shaping the Future of HR and Hiring in 2020

Zenefits

It is a technology that can be trained, and it learns and makes recommended actions based on previous data. According to a report done by EY , core AI technologies provide better accuracy and stability to everyday processes and offer significant opportunities to improve the human resources (HR) function. Reducing turnover.