All organisations say “We want the benefits of the public cloud – more technology – but with more control and less risk” This is what customers seem to be saying increasingly and it is the main reason as to why organisations are exploring the features of having a private cloud. According to research, it has been predicted that the expenditure on private clouds will increase from 5% to 25% by 2018. In addition, private clouds are now considered the feature that will have the fastest expenditure within the next three years.
Big Data is simply a collection of data from digital and traditional sources, inside and outside an organisation that is used as a source for ongoing discover and analysis. Big data is transforming at a rapid rate and it is not surprising that the collected is now being used for hiring purposes. According to various research specialists, an increasing number of organisations are combining big data with recruitment and creating what is called “Workforce Science”
The headlines of the year 2014 mainly showcased global economic growth and a greater level of employee engagement. With the start of the New Year, it is time to once again, predict the next big thing in HR for 2015. The fired up topic in HR is the emphasis on new technology and innovations that will drive HR forward in the coming year. From benefits technology to leveraging big data to better understanding your employees, 2015 will be more sophisticated with its new technology and methods for HR.
After a thorough analysis of the trends this year, HR Technology has welcomed a new hot trend; usage of small applications that are simple and employee or business-oriented. There are many applications that are used in HR, which gives ease to the workflow. However, these applications are emphasised on being simple instead of powerful.
There are Human Resource professionals all over the world that are very eager and are carrying out research to a great extent for ways in which they can be more creative and innovative with HR and how technology can contribute to improving human capital management.
This could be related to managing the payroll system in their organisation or drawing up more significant workforce plans, but it is quite expected that cloud and mobile based platform can create a massive difference. To add to this, it is not only HR organisations that will benefit from the evolution of technology.