What’s think AI enabled chatbots will be mainstream and

What’s next for HR Technology this 2018?

                Adaptation
to Human Resource (HR) software has surely helped streamline work processes and
data analytics by providing real-time data that could be easily accessible
through computers and mobile phones. The Human Resources department plays an
important role in the company as they handle one of the most important assets
of the company, its people. That is why HR people should make the effort to
truly understand HR technologies that they will be using in order to maximize
its capabilities and increase the efficiency of HR processes.

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                Here
are the latest trends about HR Technology for 2018:

Artificial Intelligence (AI)

                AI
has been around everywhere, making our lives easier. Creating systems that
could easily learn, adapt, and possibly act independently will be a great
opportunity for HR technologies to be able to improve work processes, decision
making, and collecting more accurate data efficiently. AI will be able to recommend
what interview questions to be asked by analyzing the data of employees who are
already employed in the company and comparing these qualities with those of the
applicants. AI in the form of chatbots is already happening in HR. According to
Gautam Ghosh, consultant of talent advisory services at VBeyond Corporation, “In
2018 I think AI enabled chatbots will be mainstream and will function as
virtual employee assistants prompting employees to take vacations, keeping
track of appointments, skill development, feedback etc. Progressive HR leaders
will lead this trend to truly create a personalized employee experience.”

Virtual Reality (VR) and Augmented Reality (AR)

                Virtual
and augmented reality will be a big trend as it can be used in training
employees that will allow them to be transported in simulations like real life scenarios
and teach them what to do in real time. Another function of VR is being used
for recruitment. VR enables companies to engage applicants in a real-life work
situation, give them virtual tours of the office, and get them to experience
the company culture in person. It benefits the applicant as they can really
experience what it is like to be able to work in your company, which in turn
simplifies the work of the recruiter as you will not try so hard to sell the
company to the candidate, a win-win situation.

Blockchain Technology

                Blockchain
technology has made a great breakthrough last year because of the success of
the cryptocurrency, Bitcoin. But what is blockchain? Mainly, blockchain is a
database that keeps an increasing list of records. A blockchain database
contains two types of records: blocks and transactions. Blocks are linked up
and timestamped, and the blockchain is not attributed to a single device, so
can be used by multiple users. Making use of the blockchain technology will be
of great help in keeping comprehensive records of their employees and can be easily
accessible and edited by authorized users in HR.

Machine Learning

                Machine
learning is somehow related to AI but they are not the same. Machine learning
focuses on the study of pattern recognition and algorithms that can acquire
from and make calculations based on data. Current world applications of machine
learning include email filtering, detection of network intruders, self-driving
cars, and speech recognition software. In HR, machine learning is initially
being used for applications that can predict employee attrition. With the use
of predictive analytics, specific responses on the employee satisfaction
surveys and drops in efficiency can be identified as signs to employees
resigning.

Internet of Things (IoT)

                IoT
is a network of physical devices, vehicles, home appliances, and other items,
embedded with software, sensors, electronics and network connectivity which
enable these objects to talk to each other and exchange data. With the use of
IoT, it can generate massive amounts of data related with its employees and how
they perform their tasks on a daily basis as people data is key for People
Companies to better understand their workforce and create a positive workforce
experiences.