20th Annual HRTech Conference Recap
October 13th, 2017 – Las Vegas, Nevada – The HRTech Conference 2017 Recap.
In Las Vegas more than 4,000 attendees and 400 vendors attended the 20th Annual HR Technology Conference to demo technology, share insights, practical advice, and lessons learned.
Practitioners attend the conference for continual learning and development, to meet and share application from their experiences, and to further their career development.
Vendors and technology leaders use the event as an annual town hall meeting to “keep up with the competition joneses”, and if not “Choose the Future” of HRTech, the event certainly influences roadmaps. Link to HR Technology Conference Exhibitor List
HRTech Insights
Trends: AI, chatbots, predictive analytics, video, virtual reality, gamification, team work models, concierge service models, digital assistants
Challenges: Integration, Adoption & Usability, Average firm uses at least 6 vendors, HRtech is outpacing leadership
2020 HRTech IPO Forecast
Given the HRTech capital financing activity we’ve seen over the past seven years is greater than any period before, with more than $5b+ in venture investment in HR startups since 2014, we are forecasting significant harvesting of returns resulting from the last decade of sweeping innovations. We predict many private companies will find numerous avenues for raising cash. For those companies with the strongest growth stories the public market presents an opportunity for industry leaders.
However, a review of the short-list of American publicly traded HR technology companies, i.e. “HRTech”, highlights that on average only a handful of HRTech companies funded by venture capital ever reach an IPO stage. Read more about HRTech Shareholder Equity Liquidity options.
Additional Reading for HRTech CEO Entrepreneurs & HRTech practitioners:
Next Generation HR Tech Trends from keynote speaker Josh Bersin (From Talent Management “Systems of Automation” to People Management “Systems of Engagement”). More from Josh and Deloitte online.
Sierra Cedar 20th Annual state of the HR Systems Survey Whitepaper
Join us September 11th – 14th in Las Vegas for the 21st Annual HR Technology Conference. Registration opens January 18th, 2018.
