The Next Generation Of HR Software Has Arrived, Finally.
Summary
By our estimate this is a $250 billion market, consisting of payroll systems, core HR platforms, recruiting, training, benefits, and hundreds of other applications. You may say, “it’s not that simple” – existing transactional systems store hundreds of data elements with complex workflow management, security, user interfaces, and integrity checks today. If you think about the intelligence in the Microsoft Graph, coupled with the massive data sets managed by Eightfold, Gloat, Seekout, and others, you can imagine these systems doing much more than Workday does today. Cornerstone’s new AI-fabric is designed to look at all the learning and development activities across 7,000 customers and give your company prescriptive recommendations on content, mobility, skills, and more. After listening to Bill McDermott and his team describe their future, they want to be “the AI platform for the enterprise,” and their recent announcement of Employee Development And Growth (through acquisition of Hitch Works) clearly shows where they’re going.
