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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Visier Ships "Vee," an Industry First Generative AI Digital Assistant for People Insights
Visier has officially launched its generative AI assistant, Vee, which is now available to all customers. Powered by Microsoft Azure OpenAI Service, Vee integrates with Microsoft Teams, allowing users to obtain reliable and accurate workfor
Company NewsGoogle Cloud Announces Generative AI, Cybersecurity, and Data Analytics Trainings with New Skills-Based Interview Accelerator for Hiring Partners
Today at the ASU + GSV Summit, Google Cloud unveiled new AI, cybersecurity, and data analytics certificates and courses, designed to meet the burgeoning demand for tech skills. These offerings, developed in partnership with entities like th
Product NewsmeQ Introduces Pioneering, Proprietary sparQ™ Generative AI Technology Into Its Workforce Resilience Platform
meQuilibrium (meQ) announces the launch of sparQ, a revolutionary generative AI technology aimed at transforming workforce engagement, performance, and well-being. Utilizing a vast global database of human cognitive and behavioral data, spa
Venture CapitalEntrust Completes Acquisition of Onfido, Creating a New Era of Identity-Centric Security
Entrust , a global leader in payments, identities, and data security, has finalized the acquisition of Onfido , a premier identity verification provider. This strategic move fortifies Entrust's portfolio with the most advanced AI-powered, i
Product NewsOracle NetSuite Supercharges the Suite with Expansion of Generative AI Capabilities
Oracle NetSuite has expanded its generative AI capabilities within its suite, introducing NetSuite Text Enhance to foster improved productivity and efficiency across various domains including finance, supply chain, sales, marketing, and cus
Product NewsQuantum Workplace Launches HR Into the AI-Empowerment Era with New Suite of AI Tools
Quantum Workplace introduces innovative AI-powered features aimed at enhancing HR and managerial efficiency and effectiveness. Emphasizing culture as a competitive edge, the platform integrates tools like Smart Summary, Action Planning Idea
Company NewsAlight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move
Venture CapitalServiceNow Announces Acquisitions of 4Industry and EY Smart Daily Management Application to Drive Innovation for Smart Industrial Environments and Connected Workers
ServiceNow, a leader in digital workflows, has announced the acquisition of 4Industry and Smart Daily Management from EY, bolstering its operational technology management capabilities. This strategic move enhances ServiceNow's offerings wit
Product NewsOracle Adds New Generative AI Capabilities to Oracle Fusion Cloud Applications Suite
Oracle announced new generative AI capabilities within the Oracle Fusion Cloud Applications Suite, enhancing decision-making and employee/customer experiences across various domains such as finance, supply chain, HR, and marketing. These ca
Product NewsChartHop Introduces Flexible HRIS Built for the Entire Organization Featuring AI Insights
ChartHop introduces its innovative HRIS, integrated within its People Operations Platform, to centralize and streamline workforce management. This system empowers HR and finance teams with adaptable tools for analytics, workflow configurati
Venture CapitalFijoya Raises 8.3M Seed Funding to Pioneer AI-Powered Platform for Employer-Sponsored Healthcare
Fijoya, an innovator in employer-sponsored healthcare, announced an $8.3M seed funding round led by Team8. This funding aims to expand Fijoya's platform, integrating AI to personalize health benefits, thereby simplifying employer and employ
Venture CapitalMOONHUB Raises $1.4 Million for Their VR Training Solutions
MOONHUB, an innovative VR training solutions provider, has successfully raised $1.4 million, bringing its total funding to $4.5 million. Founded in 2016, MOONHUB specializes in immersive, on-the-job training, enhancing learning efficiency a
Company NewsFirst Advantage Reports Full Year and Fourth Quarter 2023 Results
First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the
ColumnWorkday Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results
Workday, Inc. announced its fiscal 2024 fourth quarter and full-year results, revealing significant growth. The company reported a 17% year-over-year increase in total revenues for the fourth quarter, reaching $1.9 billion, with subscript
Company NewsHireRight Launches Virtual I-9 Solution
HireRight Holdings Corporation introduces its Virtual I-9 Service, a revolutionary solution allowing employers to remotely verify candidates' identity and employment authorization documents through live video calls. This service, developed
EarningsZipRecruiter's 2023 Financial Triumph: Achieving $49 Million Net Income and $175 Million Adjusted EBITDA in a Challenging Market
ZipRecruiter, a leading online employment marketplace, announced its financial outcomes for Q4 and the entirety of 2023, highlighting resilience amidst a sluggish hiring environment. The company reported a net income of $49 million and an A
Company NewsADP® Offers AI-Enabled Partner Solutions on Powerful, Simple and Secure ADP Marketplace
ADP Marketplace , recognized as the world's largest digital HR storefront, is revolutionizing the human capital management (HCM) ecosystem by integrating AI-enabled solutions from over 800 partners globally. This initiative not only enhance
ColumnWorkday:Using AI to Empower an Augmented Workforce
This article explores the concept of an augmented workforce, where artificial intelligence (AI) and human collaboration enhance productivity and innovation across industries. It emphasizes the importance of integrating AI with a human-centr
Venture CapitalHireRight Embarks on a New Chapter: $1.65 Billion Acquisition by Leading Investment Giants
HireRight Holdings Corporation, a leader in global background screening services and workforce solutions, has announced its acquisition by investment funds affiliated with General Atlantic and Stone Point Capital. This strategic move, value
Company NewsTriNet Triumphs in Fiscal 2023: Hits $4.9 Billion Revenue and Launches Quarterly Dividend
TriNet Group, Inc., a leading provider of comprehensive human capital management solutions for SMBs, reported a 2% increase in total revenues to $1.2 billion for Q4 2023 and a 1% rise to $4.9 billion for the fiscal year. Earnings per share
EarningsKelly Services Inc (KELYA) Reports Q4 Earnings: Adjusted EBITDA Margin Expands Amidst Flat Revenue
Kelly Services Inc (KELYA) announced its Q4 financial results, highlighting stability with flat revenue at $1.2 billion and significant improvements in profitability. Operating earnings surged by 59% to $7.3 million, and net earnings showed
Product NewsBoost Employee Happiness with AI: BambooHR Unveils Cutting-Edge eNPS Insights
BambooHR introduces an innovative AI-powered feature to its cloud-based HR platform, aiming to revolutionize how companies gauge and improve employee satisfaction. The new AI Topic Summaries for eNPS enable efficient analysis of employee fe
Company NewsPaylocity Surges with $326.4M Revenue in Q2 FY2024: A Glimpse into Cloud HCM's Expanding Market Dominance
Q 2 2024 Recurring & Other Revenue of $298.4 million , up 16% year-over-year Q 2 2024 Total Revenue of $326.4 million , up 20% year-over-year SCHAUMBURG, Ill, Feb. 08, 2024 Paylocity Holding Corporation (Nasdaq: PCTY), a le
Company NewsInsperity Announces Fourth Quarter and Full Year 2023 Results
Breaking New Grounds: Insperity's Revenue Hits $6.5 Billion, Fueled by Expansion and Workday Collaboration In their latest financial report, Insperity showcased impressive growth with a 2023 revenue of $6.5 billion, up 9% year-over-year, an
Company NewsWorkday Appoints Chikara Furuichi as the New President of Japan
Workday, Inc. announces the strategic appointment of Chikara Furuichi as the new President of Japan, underscoring its dedication to expansion within the Japanese market. With over 25 years of experience in IT, SaaS security, and cloud servi
Company NewsADP® Assist with Generative AI Features Makes HCM Decisions Easy, Smart and Human
ADP, a global technology company specializing in human capital management (HCM) solutions, has unveiled ADP Assist, a cross-platform solution powered by generative AI (GenAI). This innovative tool enhances HR productivity, aids in data-driv
Venture CapitalFora Launches Visionary Executive Relationship Management (ERM) Platform With $3.8 Million in Pre-Seed Funding
Fora has launched an Executive Relationship Management (ERM) platform, revolutionizing C-suite decision-making with advanced AI technology. Funded by $3.8 million in pre-seed investment, Fora offers a unique solution to the challenges faced
Company NewsiMocha introduces an advanced AI-Skills Match Engine to simplify Talent Acquisition
iMocha has unveiled an innovative AI Skills Match Engine, revolutionizing the talent acquisition process. This advanced tool leverages artificial intelligence to streamline recruitment, offering a more efficient and accurate approach to eva
Venture CapitalAya Healthcare's Bold Leap: Acquiring UK's ID Medical to Revolutionize Global Healthcare Staffing
Aya Healthcare , a major player in US healthcare staffing, has marked a significant expansion by acquiring ID Medical, a key healthcare service provider in the UK. This strategic move, led by Aya's President and CEO, Alan Braynin, aims to f
Company NewsADP appoints Thomas J. Lynch as the new Independent Board Chair
Carlos Rodriguez to continue as member of ADP Board of Directors ROSELAND, N.J. , Jan. 10, 2024 ADP , a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors ap
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