HR Technology Strategy
Companies are spending more on HR technology with 56% of all Asia-Pacific firms planning to increase their budgets in this area, according to a report by Sierra Cedar HR Tech Landscape Study for Asia - "More than 40% of all Asia-Pacific organisations and 50% of India-based organisations are looking at improving or developing a new enterprise HR Systems Strategy this year,".
The Asia-Pacific market is witnessing a maturing of overall HR technology adoption which is moving beyond initial investments in payroll talent management, workforce management and even business intelligence applications. Organisations are moving towards Cloud-based HRMS.
Organisations are seeking to adopt new Cloud-based HR technology which gives the ability to make use of emerging technologies which are in Cloud environments, e.g. embedded analytics, Mobile capabilities, and integration with Social platforms.