Despite a global pandemic it was a banner year for funding in 2020 when it came to HR technology. The big winner was Eightfold’s $125 million round for its AI based recruiting software. We are living through the golden age of HR tech and the money is still flowing like a torrent.
I have tracked at least 40 such acquisitions this year via the HRtechfeed.com news site that we operate here at Rec Tech Media. In the first 6 months of the year there were 16 transactions but from July through december there were 24 of them. What we are seeing now are the major recruiting software companies in an arms race to become a single point solution to solve all your recruiting problems.
Technology has become a ubiquitous part of our hiring landscape. It makes recruiting faster and easier. But at its heart recruitment is a human activity. How do we access the benefits of technology without losing human insight? We’ll discuss that and more with Charlie Atkinson, CEO and Founder of PeopleFactors, a pre-hire candidate assessment solution.
Metaview is a point solution for interview intelligence that “uplevels the most outcome-defining part of your recruitment process: your interviews”. Joining me to talk about the product is their CEO Siadhal Magos, direct from London.
Brianna Foulds serves as the AVP, Talent Systems, Operations & Acquisition for Cornerstone OnDemand a familiar brand if you are in the industry.... She has more than 15 years of experience in technology, hospitality, engineering and manufacturing, and retail. At Cornerstone, Brianna leads a global team and supports the product team in the ideation and advancement of Cornerstone’s software.