target audience: TECH SUPPLIER Publication date: Jun 2024 - Document type: Market Perspective - Doc Document number: # US51789524
Innovations in HR Technology for Compliance Management
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Abstract
This IDC Market Perspective explores the latest market developments, industry dynamics, and future outlook and provides strategic advice for technology suppliers and service providers. Human resources (HR) technology is rapidly evolving, driven by advancements in artificial intelligence (AI), cloud-based systems, and advanced analytics. These innovations are revolutionizing compliance management, enabling HR departments to handle regulatory requirements, data protection, and employee well-being more efficiently.
"Compliance management in HR is no longer just about adhering to regulations; it has evolved into a strategic asset that drives workforce management and organizational efficiency. By leveraging advanced technologies such as AI, cloud computing, and automation, organizations can achieve greater operational efficiency, improve compliance, and foster a better employee experience." — Sam Halwani, vice president, Human Capital Management at IDC