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HR Technology 101: A brief overview of HR tech past, present and future
1. HR TECHNOLOGY 101
A brief overview of HR tech
past, present and future
2. While the history of HR is long and varied,
changes in technology and globalization
have forced organizations to rethink
how they function in the new business
environment.
Read on to learn more and test
your HR tech knowledge with our
pop quizzes.
4. 1960s
THE QUEST FOR A
PAYROLL SOLUTION
HR technology was
initially developed to help
eliminate manual pay
processing and reduce the
number of people needed
to do the work.
5. 1980s
HUMAN RESOURCES
MANAGEMENT
SYSTEMS (HRMS)
Computers in the
workplace led to the
development of PC-based
HR applications.
While these solutions
offered a range of
reporting tools, they were
limited in their ability to
share data or integrate
with other HR systems.
6. 1990s
ENTERPRISE RESOURCE
PLANNING (ERP)/WEB-BASED
APPLICATIONS
The arrival of the internet
radically changed HR.
With web-based technology,
HR professionals could access
information from multiple
locations and easily share that
information with those inside and
outside of the department.
Source: HR Transformation
Technology by Allan Boroughs,
Les Palmer and Ian Hunter
7. POP QUIZ!
In what year did Jeff Taylor launch The
Monster Board, one of the first online job
recruitment tools?
A 1990 B 1994 C 1998
8. ANSWER
B Taylor launched the online
recruitment tool in April 1994.
This platform led to rapid growth
in online recruitment and
revolutionized how employers
recruited and filled positions.
10. 2007 2008 2009 2010 2011 2012 2013 PRESENT
The focus on ROI has led to growth in HR metrics
and analytics, which have helped demonstrate
the connection between HR practices and a
company’s competitive advantage.
2007- PRESENT
11. 2007 2008 2009 2010 2011 2012 2013 PRESENT
SOFTWARE-AS-A-SERVICE (SAAS) HR SOLUTIONS
SaaS technology has changed the way businesses
function because they store data and applications in the
“cloud” and can be accessed on-demand via the web
without the need for on-premise hardware or software.
2009- PRESENT
(Source: HR Executive “Top 25 HR Milestones”)
12. 2007 2008 2009 2010 2011 2012 2013 PRESENT
SINGLE APPLICATION HCM SOLUTIONS
These solutions begin to replace “integrated” payroll
processes that are pieced together with interfaces.
2009- PRESENT
13. POP QUIZ!
The SaaS market is growing fast. In 2011, it
was a $12B industry. How big is the industry
expected to be in 2015?
A $14 billion
B $18 billion
C $21 billion
14. ANSWER
C The SaaS enterprise market is
projected to grow towards
$21.3 billion dollars in 2015.
17. TALENT
MANAGEMENT
HR DATA &
ANALYTICS
INTEGRATED TALENT
MANAGEMENT
& COMPENSATION
THE TOP 3 AREAS FOR
SPENDING INCLUDE:
18. POP QUIZ!
The Apple App Store was launched in 2008.
As of May 2013 (just five years later), how many
apps had been downloaded from the store?
A 500 million
B 1 billion
C 50 billion
19. ANSWER
C In May 2013, Apple announced
that 50 billion apps had been
downloaded from its App Store.
21. GROWTH IN CLOUD COMPUTING
40 percent of companies surveyed
by Towers Watson are only
considering SaaS-based solutions
when investing in a new HRMS
22. RAPID ADOPTION OF
MOBILE TECHNOLOGIES
According to a survey by
CedarCrestone, adoption of
mobile-enabled HR processes has
increased by 67 percent since 2012
23. RISE IN PREDICTIVE ANALYTICS
AND CONSULTING SERVICES
This is an area of “great potential”
for HR, according to industry
experts, with the goal of
helping companies
develop even better,
more effective
workforce strategies
(Source: Towers Watson; HR Executive “The Future of HR Technology”)