The HR Huddle Spilling the Tea on HR Tech - AI agents, Workday's big bet on digital workforce management and the latest HR tech giants expanding through strategic acquisitions.
In this episode of Spilling the Tea on HR Tech, Stacey Harris and Cliff Stevenson explore how companies like ADP, Phenom, Paradox, and HiBob are strategically expanding through acquisitions that enhance their data capabilities and global reach. They analyze how these developments reflect broader industry trends toward data-driven decision-making and the strategic integration of AI in HR processes.
Key points covered include:
↪️ HiBob's pending acquisition of Mosaic for FP&A capabilities and ADP's expansion into Mexico through PEI signal a push toward integrated financial and workforce planning in the mid-market space.
↪️ Workday introduces an industry-first AI agent system of record, emphasizing the growing importance of managing and securing AI tools within HR systems.
↪️ Recent industry events, including Cornerstone's sales kickoff and Visier's conference, reveal increasing focus on skills development, workforce planning, and the critical importance of clean data for effective AI implementation.
↪️ The intersection of HR tech and business outcomes is becoming increasingly important, as evidenced by vendors expanding their capabilities beyond traditional HR functions.
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Stacey Harris
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Cliff Stevenson