2012: The Year of HR Software

If one thing can be said about 2012, it is that it was an exciting time to be working in the cloud, especially for human resources professionals.

2012 brought several innovations—from advances in Recruitment and Hiring to onboarding, HRMS and payroll—with cloud-based software revolutionizing the way HR works.

The biggest trend in HR software was clearly social media. Nearly every provider—Ultimate and Yammer to name two—have utilized social platforms as an essential feature (if not the actual heart) of their business model.

In addition, 2012 saw the rise of social media as a key part of recruitment and hiring applications. Recruiting and talent management systems–such as Kenexa, Taleo and Ovation—developed strong alliances with LinkedIn, Facebook and Twitter, leaving little doubt these bonds will only get stronger in 2013.

2012 was a banner year for HR software, according to Brian Sommer in www.zdnet.com. From the big players to small startups, Sommer writes that the past year was one of innovation, but not without some missteps:

2012 was an interesting one for Human Resources software. From Talent Management, Payroll, Analytics, HRMS and other niche HR solutions, there were a number of cool innovations, emerging trends and a lot of M&A with a side order of an IPO.

Let’s review the big themes:

You couldn’t swing a dead cat at the recent HR Technology show without hitting an HR sales rep hawking their firm’s HR analytics functionality…

Read the entire article at ZNet.com.