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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Medefy Health Clinches $10M Series A to Revolutionize Healthcare Navigation
Medefy Health , a trailblazer in mobile-first healthcare benefits navigation, has secured a significant $10 million in Series A funding. This investment, spearheaded by Mercury Fund and Advantage Capital, is set to bolster Medefy's AI and t
TopicsThe Silver Tsunami: Over 2.4 Million US Older Workers Eye Early Retirement Amid Skill Gaps
A new survey from Multiverse also reveals that 41% of these workers would be willing to remain active in the labor market if provided with better access to training NEW YORK , Dec. 7, 2023 /PRNewswire/ -- As a growing number of older work
ColumnNews Brief: AdventHealth Selects Workday to Support Its Commitment to Whole-Person Care
PLEASANTON, Calif., December 5, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources , today announced that AdventHealth has selected Workday Financial Management , Workday
Company NewsWorkday Announces Fiscal 2024 Third Quarter Financial Results
·Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year ·Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year ·12-Month Subscription Revenue Backlog of $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, C
Venture CapitalAya Healthcare's Game-Changing Move: Acquiring AI-Powered Winnow for Enhanced Physician Recruitment
Aya Healthcare , a leader in healthcare talent solutions, has acquired Winnow AI, an innovative data science platform designed to enhance physician recruitment strategies. Amid a critical provider shortage, this acquisition strategically po
Company NewsGlobal Coffee Giant Transforms Store Staffing, Increases Efficiency by 65% with AI-Powered UKG Technology
Costa Coffee, a renowned global coffee chain, has significantly enhanced its store staffing efficiency by 65% through the adoption of UKG's AI-powered technology. This strategic move allows Costa Coffee to optimize labor allocation and make
Product NewsRemote Talent: Revolutionizing the Way We Connect with Global Workforces
Remote, a leader in managing globally distributed workforces, has launched a new marketplace, Remote Talent, to bridge the gap between employers and job seekers. Integrated with Remote’s global HR platform, this marketplace caters to both r
Company News3 Ways Workforce Management Software Reduces Labor Costs
The article discusses the rising labor costs, especially for organizations employing hourly and frontline workers, amidst increased operating expenses, supply chain disruptions, and labor shortages. A strategic approach to workforce managem
EarningsPaylocity Announces First Quarter Fiscal Year 2024 Financial Results
Q 1 2024 Recurring & Other Revenue of $291.7 million, up 19% year-over-year Q 1 2024 Total Revenue of $317.6 million, up 25% year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 Paylocity Holding Corporation (Nasdaq: PCTY), a le
Venture CapitalMiami-Based Traba Secures $22M Funding: Revolutionizing Light Industrial Staffing
Traba, a leading marketplace for light industrial staffing, has raised $22 million in a funding round led by Founders Fund. The investment marks a significant valuation increase from last year and includes participation from returning inves
Company NewsKelly Launches Recruitment Platform for AI and Automation Talent
Kelly has just launched Kelly Arc, an innovative online recruitment platform tailored for AI-powered automation roles. Tackling the talent gap in AI and automation, this platform is a game-changer. With AI-based matching and personalized re
Company NewsLinkedIn's Gen AI Features: A Comprehensive Look at New Tools in Recruitment, Learning, and Sales
As a Senior Editor at DHRmap, I've been closely monitoring the transformative role of Artificial Intelligence (AI) in Human Resources (HR). LinkedIn, a platform that has become indispensable for professionals worldwide, has recently unveile
ColumnWorkday and ADP Strengthen Partnership to Revolutionize Global Payroll and HR
Workday and ADP have announced an extended partnership aimed at providing a frictionless global payroll, compliance, and HR experience for their joint customers. This deeper collaboration builds on a decade-long relationship and is designed
Company NewsWorkday Unveils New Generative AI Capabilities to Amplify Human Performance at Work
Workday has announced a suite of new generative AI capabilities aimed at amplifying human performance in the workplace. These features, showcased at the annual Workday Rising conference, promise to revolutionize how businesses manage produc
Venture CapitalErudit Raises $10M Series A to Help Companies Ditch Surveys and Embrace AI to Transform the Employee Experience
In a groundbreaking move that promises to redefine the landscape of Human Resources, Erudit has successfully secured $10 million in a Series A funding round. Led by an impressive consortium of investors including Conexo Ventures, Athos Capi
Venture CapitalNew York-Based Giftpack AI Secures $4.3M in Seed Funding to Revolutionize Corporate Gifting
The raise will further Giftpack's mission to innovate gifting services and enhance platform functionality to help companies get gifting right NEW YORK , Sept. 21, 2023 Giftpack AI , a leading AI-powered corporate gifting platform, today
Company NewsChano Fernandez Takes the Helm as Co-CEO of Eightfold AI: A New Chapter in AI-Driven HR
Chano Fernandez has been appointed as the Co-CEO of Eightfold AI, effective January 2024. Previously, Fernandez led HR's transition into the cloud at Workday, where he served as Co-CEO and helped the company grow from $450M to $6B in revenu
Company NewsTargetRecruit Introduces Copilot: Elevating Recruitment Efficiency with Artificial Intelligence
TargetRecruit is excited to introduce a groundbreaking addition to our latest product release – Copilot, an advanced AI Integration Framework. This innovative framework marks the first step in a series of forthcoming AI capabilities designe
WorkdayWorkday Announces Fiscal 2024 Second Quarter Financial Results with 16.3% YoY Increase in Total Revenues
PLEASANTON, Calif., Aug. 24, 2023 -- Workday , Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, announced results for the fiscal 2024 second quarter ended July 31, 2023. Fiscal 2024 Second Quar
HotNewsAI and Accountability: The Landmark EEOC Lawsuit Against iTutorGroup for Age Discrimination
In a landmark decision marking the first case of AI discrimination in the United States, the Equal Employment Opportunity Commission (EEOC) charged iTutorGroup with unlawfully programming their online recruitment software to reject older ap
HR TechnologyChatGPT's New Upgrades: OpenAI Announces Six Major Improvements for a Superior User Experience
OpenAI has just announced on its official Twitter account a series of minor updates to its artificial intelligence chatbot, ChatGPT, aimed at enhancing the user experience. These updates will be gradually rolled out over the next week: Prom
EarningsCeridian Reports Robust Second Quarter 2023 Results
Minneapolis, MN and Toronto, August 2, 2023 – Ceridian HCM Holding Inc. (“Ceridian”) (NYSE:CDAY) (TSX:CDAY), a global leader in human capital management (HCM) technology, announced its financial results for the second quarter ended June 30
HotNewsThe No Robot Bosses Act of 2023: A Landmark Legislation for Ethical AI in the Workplace, with Insights from New York City's AI Law
In the rapidly evolving landscape of artificial intelligence (AI), the "No Robot Bosses Act of 2023" stands as a beacon of hope for ethical AI practices in the workplace. Introduced by U.S. Senators Bob Casey (D-Pennsylvania) and Brian Scha
Venture CapitalThe Largest Healthcare Talent Software and Staffing Company in the U.S. Aya Healthcare Acquires Polaris AI
San Diego, CA — Aya Healthcare , the largest healthcare talent software and staffing company in the U.S., today announced its acquisition of Polaris AI , a machine learning platform that predicts future patient volume and staffing levels in
HR TechnologyOpenAI Introduces Custom Instructions for ChatGPT: A Game Changer for User Experience
OpenAI, a leading artificial intelligence research lab, has recently launched a new feature for its language model, ChatGPT - custom instructions. This feature, currently in beta, is initially available to Plus plan users and is expected to
Company NewsWorkstream Launches First Multilingual AI Chatbot Built for Hourly Workforce Management
SAN FRANCISCO, July 18, 2023 - Workstream , the smart people management platform for the hourly workforce, announced today its new, groundbreaking multilingual and customizable AI chatbot, Workstream Assistant. As the flagship product in th
Company NewsAstrumU and SHRM Partner to Transform Skills-Based Hiring for Workforce Development Investments
AstrumU, a leading AI data platform company that specializes in measuring non-traditional workforce skills, and the Society of Human Resource Management (SHRM) , today announced a partnership aimed at significantly improving how employers,
Company NewsWorkday Introduces the Next-Generation Elastic Hypercube Technology for Workday Adaptive Planning
PLEASANTON, Calif. , July 11, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today introduced the next generation of its patented Elastic Hypercube Technology (EHT), the
Company NewsAsure Software Partners With Amazon Web Services Application Modernization Lab
Collaboration Creates Opportunities to Leverage Modern Advancements in Cloud Optimization and Artificial Intelligence for Ongoing Platform Development Strategic Partnership Allows Asure Opportunity to Provide Customers with Unprecedented, M
Venture CapitalRecruitBot Secures Additional $8.2M, Totaling $11.2M in Seed Funding to Reinvent Recruiting with AI
San Francisco-based startup RecruitBot has raised an additional $8.2M in seed funding, bringing its total to $11.2M. The round was led by Slow Ventures, OCA, Freestyle, Parade, and Kevin Mehaffey. The company plans to use the funds to expan
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