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1、1|10 HRTech M&A Overview 2H 2022HRTech:The Future of WorkThis facilitates flexible working models,and savesresources within the HR function,which can bedeployed to derive data-based strategies to retainemployee satisfaction and hire talent.We have seen that many HRTech solutions are aimed atcreating
2、 a lasting employee experience and satisfaction,which are essential in maintaining a strong and efficientworkforce and attracting talent.Many employers areapproaching this by introducing technological solutions tobe able to offer flexible working models,promotingdiversity and inclusion,and supportin
3、g(mental)health andwell-being.The deployment of these new tech-enabledsolutions,enable new forms of data collection andaccelerated,reliable,and data-driven decision-making.Rethinking People StrategyOurHRTechM&Asnapshotunderlineshowtechnological solutions in Human Resources havebecome of increasing i
4、mportance across organisationsacross the world.Increasing deal volumes have shownthat HR Leaders are rethinking their people strategyand are ready to invest into this digital transformation.Bullish InvestorsThere is a boom in HRTech solutions,with almost$11billion of investment into HRTech for the s
5、econd yearin a row.This years unprecedented high level ofinvestment activity from both strategic and financialinvestors shows that the market is bullish and that theupward trend is here to last.Key Strategy Employees firstThe current macroeconomic environment is making itdifficult for organisations
6、to hire and retain talent.Many companies are seeking technological solutionsfor their HR departments to support them in winningthe war of talent.So far,they are using technology todecentralise the HR department and to strategicallysupport their employees well-being.Cloud-based(often also AI-based)hu