HR technology leaders face a balancing act for 2023. While most organizations continue to navigate a talent shortage, challenging economic conditions are limiting their budgets. This research presents the HR-technology-related considerations that 138 organizations are prioritizing for 2023.
Forty-four percent of survey participants stated that driving better business outcomes (revenue growth and profitability) was the No. 1 strategic priority for HR technology transformation over the next three years.
According to survey participants, the three most important HR technologies for the coming year are: skills management, learning experience platforms and internal talent marketplaces.
The three HR domains on which HR technology leaders plan to focus most in the coming year are: reporting and analytics, recruiting (i.e., talent acquisition), and core HR or HR information systems.
Only 15% of survey participants say their HR technology landscapes will include any on-premises applications by 2025.