HRIS

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 13

HR

TECHNOLOGY
STARTUPS
What is HR Technology?
• HR technology (human resources technology) is an umbrella
term for software and associated hardware for automating
the human resources function in organizations.

• It includes employee payroll and compensation, talent


acquisition and management, workforce
analytics, performance management, and benefits
administration.
• Learning, development and recruiting the right talent are two
key aspects of the HR function.

• While hiring comes at the first stage of talent management,


learning and development usually comes at a stage which
corroborates with skilling and re-skilling.

• Technology is changing the way we learn and also the way we


recruit.
Some Facts
• According to research, corporate training market revenue is
expected to reach at Rs 3,200 crore by 2020. The industry is
likely to be driven by the emerging MSMEs and start-ups.

• Similarly, the spend on technology around recruitment


industry in India is going to touch $5 billion or Rs 500 crore by
2020.
• People Matters TechHR’17 designed a mentorship program for
27 emerging HR Technology start-ups at the TechHR Spotlight
program.

• The initiative aimed at providing a platform for start-ups to


have access to a wide audience and mentors including
investors and senior HR and business leaders.

• This year it was bigger and better, as these emerging HR


Technology start-ups across Asia gave elevator pitches to
explain their idea, technology, and business model to the
mentors during the conference.
START-UPS
Bitpupil Technologies Pvt Ltd
(eSleave)
• Incorporation: 2015

• Team size: 5 to 10 people

• Raised funding: Not raised capital

• Client size: Between 10 to 20 companies

• About product offering: eSLEAVE - Create Responsive, Interactive &


Multilingual Educational Content, Games, Simulations, and
Assessments for any device.

• Key problems addressed by the technology: Productivity


Performance Engagement Customization Multilingual Collaboration
Tracking.
• eSLEAVE is an authoring system for developing e-learning and
mobile learning.

• In the past few years, e-learning industry has undergone major


transformation – especially from the shift from Flash player to
HTML5.

• So, the main idea was to create a platform where we can do


anything in the learning space. eSLEAVE allows designers and
developers to use a web-browser based ID to create rich and
multimedia content.

• The Customers of eSLEAVE fall in 3 categories – e-learning products,


corporates, and publishers.
eTeki Inc.
• Incorporation: 2014

• Team size: 20 to 50 people

• Raised funding: Yes, less than USD 25,000

• Client size: Between 10 to 20 companies

• About product offering: Online technical Interviewing Platform

• Key problems addressed by the technology: Avoid bad hires,


saves time, right fitment to the job role, interviewed by top
technical panel
• eTeki is a technical interviewing service company which takes
care of the entire recruiting life cycle in IT. With about 2000+
global freelance talent pool, the company's expertise lies in
optimizing the recruitment process in the IT sector.

• All the interviews are recorded and shared with the company.
If need be, the companies can also be a part of the interview
process. Companies just need to give eTeki a detailed job
description to start the hiring process.

• eTeki works on two different models – pay per interview and


subscription-based. They also offer three trials for free to
check if eTeki can add value to the company.
Eidolon Learning Pvt Ltd
(SeekApp)
• Incorporation: 2014

• Team size: 10 to 20 people

• Raised funding: Yes, less than USD 25,000

• Client size: Less than ten paid companies

• About product offering: Brings together technology & behavioral-


management science to help any organization starting a major
change initiative or seeking to create an engaged workforce

• Key problems addressed by the technology: Change Management,


Culture Building & Organizational Alignment thru employee
engagement
• SeekApp is a tailor-made technology platform that
demonstrates behavioral change, builds skill, increases
employee engagement resulting in a high-performance
culture.

• SeekApp helps the organizational culture by bringing


conversations to the required change. E.g.: most organizations
want to create a higher sense of ownership among
employees. Yet, there is a gap.

• SeekApp tries to address this gap. SeekApp validates lasting


behavioral changes along with skill building.

• SEEK aims to actualize the core values of an organization


through intellectual rigor, continuous learning and sustained
practice, thereby reducing valuable downtime.
Conclusion
• The first important thing for HR to have when it comes to
using big data is a goal. Yet having a goal for big data — having
a project, a hypothesis, a strategic business pain you want to
understand more clearly — is probably the most overlooked
element when an organization of any size sets out to develop
its people data through new technology.

• The second important thing HR needs if it wants to fully


leverage big data is the necessary tools to analyze the data
from throughout the organization — not just from HR’s people
data.

• Without those two linchpins, the power of HR technology and


its trends for the future will fall short of expectations.

You might also like