-By ArdorComm News Network
September 26, 2024
The Josh Bersin Company, a leading human capital advisory firm, has announced the release of two new market analyses, AI Trailblazers and 2025 Outlook, highlighting how artificial intelligence (AI) is revolutionizing the $200 billion global HR technology market. These analyses were unveiled during CEO Josh Bersin’s keynote address, HR Technology 2025: An Existential Change Driven by AI, at the HR Technology Conference.
Bersin emphasized that Chief Human Resources Officers (CHROs) who fail to integrate AI into their strategies risk falling behind. AI is already delivering substantial returns across several HR domains, such as talent acquisition, corporate training, and employee services. This growing impact of AI is reshaping HR functions and offering businesses a competitive advantage.
In his keynote, Bersin explained that AI is fundamentally transforming HR systems, enabling innovative solutions in talent management, recruitment, internal mobility, and employee experience. As AI-driven platforms like generative AI tools integrate into job applications, learning systems, and HR workflows, the role of HR professionals is being redefined.
A significant feature of Bersin’s analysis is the AI Trailblazers list, which identifies the top 30 vendors that are leading the charge in harnessing AI’s potential in HR technology. Notable names include Workday Illuminate, SAP SuccessFactors Joule, ServiceNow NowAssist, and talent intelligence platforms like Eightfold.ai, Gloat, and Draup. The list also features The Josh Bersin Company’s own AI tool, Galileo™, an expert assistant for HR professionals that is already utilized by over 10,000 users.
Bersin urged companies to embrace AI in HR by leveraging internal experts to guide their teams through the transition. “AI is the language of the future, and engaging with these trailblazing technologies is essential for staying competitive,” he noted.
Attendees of the keynote received complimentary copies of the AI Trailblazers and 2025 Outlook reports, providing a comprehensive view of AI’s transformational impact on HR technology. Both reports are available for download on The Josh Bersin Company’s website.
Source: prnewswire