1、Human Capital Management Technology Sector Brief2H 2024Human Capital Management Technology Sector 2H 2024Perspectives on Human Capital Management Technology2Talent AcquisitionSolutions that enable organizations to source,recruit,interview,and assess candidatesSelect Market ParticipantsKey Trend Gene

2、rative AIAI capabilities are emerging to the forefront of talent acquisition and replacing many previous manual processes;AI tools are helping to boost productivity for HR and related fields by 66%AI tools are improving the viability and effectiveness of assessment intelligence platforms,enabling sm

3、arter,more reliable hiring decisions,thereby reducing hiring errors and saving time and money($15K+on average)for corporationsTalent ManagementSolutions that facilitate professional development,drive employee engagement,and reward performanceSelect Market ParticipantsKey Trend Data AnalyticsAnalytic

4、s and insights into workforce performance enable organizations to make data-driven decisions and facilitate agile talent management strategies by predictively identifying trends and forecasting future talent needsAccess to this critical information enables organizations to make strategic decisions b

5、ased on current market conditionsWorkforce ManagementSolutions that optimize efficiency and productivity of employeesSelect Market ParticipantsKey Trend Continue LearningNeeds assessments identify areas where additional training or development is needed to promote uplift in necessary skills amid a u

6、niversal pivot toward skills-based workforcesCutting-edge technology provides critical access to trainings,streamlined performance tracking tools,and robust personalized learning management systems,enabling corporate agility and competitiveness in workforce skillsetsSource:Nielsen Norman Group,Caree