Is your workforce using technology effectively?

Authored by Stephen Read, CEO

Seven years ago, before I joined Thomsons, I was working at a global enterprise software company, looking at how technology is used across business functions. I was struck by how underserved HR was. It seemed like none of the advances we had seen in consumer applications, or even in the rest of the enterprise space, had transferred over to the HR function.

We operate in a global business landscape, facilitated by technology. Most businesses are investing in enterprise technology and cloud software that drives their global business agendas forward and helps them make money. According to Gartner, worldwide IT spend was set to increase 2.4 per cent in 2017, with the enterprise software market projected to grow 7.6 per cent.

Over the last seven years, we have seen significant innovation and adoption of HR tech. Recent research by Bersin found that the highest performing HR organisations are revitalising the HR function by focussing heavily on internal development and investing in technology, analytics, artificial intelligence and data security.