In 2019 there were dozens of mergers and acquisitions in the world of HR technology. This represents a vibrant industry full of continuous innovation and providers striving to serve the needs of the HR buyer. It also helps to highlight certain trends and shifts in how the market operates.
For instance, several assessment and video interview firms came together over the course of the year, which (from our research) indicates that buyers want more than just an automated interview to decide who to hire–they also want an objective assessment/perspective of candidates to make the right, unbiased choice. See below for more of these types of market insights.
Our team watches these announcements to keep tabs on the market as part of our ongoing research and coverage, and we have included some of the larger and/or more exciting transactions that will impact the market in the coming year. If you have questions or know of a transaction that isn’t on our list, please let us know!
Overarching Trends/Insights Combination of talent acquisition assessments with automated screening tools to create an unbiased way to select the best fit candidates. Employers are less comfortable with AI making hiring decisions and want an
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