Venture Capital
Andrea Alms Video: Money In Motion 15 - The Future Of HR Performance Competition Part 2
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. On the last episode, we introduced the performance market, the future. The global human resource market size is valued at 19.3 billion U.S. dollars in 2021 and is expected to expand at a compound average growth rate of 11% from 2022 to 2030. In the post COVID 19 pandemic world, remote working and hybrid working are turning out to be the new norm. Thus, the players in our management market are focused on providing solutions that are easy to and efficient to install and can support the remote working model. Key companies such as SAP, Oracle, UK G Workday are improving their current solutions in order with the upcoming trends and offerings over the cloud and to be part of not the need to constantly system upgrades. 2021 was the biggest year yet for our tech workday as one of the biggest HCM vendors in the world, acquired key icon and engagement and employee voice platform. Workday also snagged Findlay to support flexible hiring and on demand talent. I solve one of the leading HCM providers for SMB firms picked up grateful to allow employers to give through worker contributions. Ukg, the combined company after Kronos and Ultimate Software joined forces, acquired great place to work. Known for its survey and best practices for creating companies that drive engagement and connect with the workforce. As HP picked up a company called Swoop Talent Swoop are the leaders in integrating data sets and create more intelligent decisions in a powerful way. And that intellectual property focused on data and IP now reside with SRP. There are many more M&A. These are just the highlights. Thank you. This is your money. Your money in motion.