Venture Capital
Andrea Alms Video: Money In Motion 14 - The Future Of HR Performance
July 2022 - Venture Capital
TRANSCRIPT:
Hello. My name is Andrea Alms and I am technology investor and financial manager and this is your Money in Motion. I was asked about performance metrics and HR. The global human resource management market is valued at 19.3 billion in 2022, is expected to expand at a compound average growth rate of 12.8% from 2022 to 2030. The increasing adoption of automation digitization of our operations create an agile and effective approach that's expected to surge. Companies are adopting and developing these new systems to enhance their operations. The improvements. What are these improvements? The improvements are in modern technology, such as predictive analytics, machine learning, artificial intelligence and simplifying the incorporation of these solutions with analytics simultaneously. Startups are evolving collaborative software, mobile applications that can provide employees and employers with the ease to access the essential information on the go. The use of predictive analytics. Analytics is helpful in developing employee progress through numerous charts and info graphs. HR solution providers are concentrating on delivering developing technological trends, designing software to the shifting requirements of their clients. In the post COVID pandemic world, remote working and hybrid working are turning out to be the new norm. Thus, the players in the Asian market are focusing on providing solutions are easy and effective to install and can support remote working models by investing in a variety of activities. Concurrently, remote working, and the market players, will be explored on the next episode. Thank you. This is your money. Your Money in Motion.