The human resources technology sector includes more than 16k startups that provide technology services and solutions to help employees in hiring, managing, administering, supporting, and many more. 2020 has been a year of success for the HT tech startups, one of the most active and important industries. They also face challenges in rationalizing the components of the operation however, this year’s demand is serious when compared to the rapid digital movement through the previous ones.
With an orchestrated mechanism behind it, companies and investors feel quite an excitement for HR tech still. According to HRWin’s Global HR Tech VC report, investments reached $5.33 billion across 238 deals in 2019 – up from the $4.01 billion total invested in 2018.
In 2020, the majority of the workforce has transformed after C19 and this is because remote working came with significant HR challenges across the employee lifecycle and due to a lower volume in the workload in hiring and onboarding. No doubt that these will bear and implement new tools and methods of working in the future and to be explicit, new technologies like AI, ML, and analytics will also be on the scene sooner than we expect.
Including twelve of the most prestigious companies, Beamery, Coople, Hibob, WhiteHat GB, Peakon, SalaryFinance, Adzuna, Qlearsite, Syft App, Clear Review, Inploi and Joblab, Startups of London gives the needed essential information, comparison, and interpretation between these companies and more on, interviews and detailed analyses will be provided in further period. So, be seated and put yourself on the list: