Robotic Interviews, Machine Learning And the Future Of Workforce Recruitment

These would affect all aspects of HR functions such as the way HR professionals on-board and hire people, and the way they train them

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Artificial intelligence (AI) is changing all aspects of our lives and that too at a rapid pace. This includes our professional lives, too. Experts expect that in the days ahead, AI would become a greater part of our careers as all companies are moving ahead with adopting such technology. They are using more machines that use AI technology that would affect our daily professional activities. Soon enough, we would see machine learning and deep learning in HR too. It would affect all aspects of HR (human resources) such as the way HR professionals on-board and hire people, and the way they train them.

Impact on onboarding and recruitment

These days, companies are using robotics in HR to make sure they have found the right people for particular job profiles. This means that even before you have stepped into your new office, your company already knows that you are the best person for the job thanks to such technology. They are using AI to pre-screen candidates before they invite the best candidates for interviews. This especially applies to large companies that offer thousands of new jobs each year and where millions of applicants go looking for jobs.       

Impact on training on the job

Companies are also using machine learning and deep learning in HR to help provide on-the-job training to employees. Just because you have landed a job and settled in it, it does not mean that you know

Childcare Management Software Market | Increase in Women Workforce to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–The global childcare management software market size is poised to grow by USD 62.21 million during 2020-2024, progressing at a CAGR of about 6% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

There are a number of initiatives taken up by developed and developing countries to promote women’s engagement in the mainstream workforce. With a growing number of women shifting from the unorganized to the organized sector, there is an increase in women’s salaries in developing regions such as Asia, the Middle East, and Africa. Because of the rise in women workforce, there is an increase in the number of parents registering for childcare services. Childcare centers are investing in childcare management software to track the progress of a child without human interference. The increasing women workforce will be one of the significant factors that will fuel the childcare management software market growth during the forecast period.

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Report Highlights:

  • The major childcare management software market growth came from the on-cloud deployment segment. The on-cloud deployment of childcare management software is a lucrative segment. This deployment method eliminates the need for customers to own hardware for running the application, thereby reducing their operational costs. The software can be accessed by any device such as laptops, smartphones, and tablets with an Internet connection. The presence of small-scale private childcare centers will drive the growth of the market segment by volume.

Childcare Management Software Market | Increase in Women Workforce to Boost the Market Growth

The global childcare management software market size is poised to grow by USD 62.21 million during 2020-2024, progressing at a CAGR of about 6% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201009005371/en/

Technavio has announced its latest market research report titled Global Childcare Management Software Market 2020-2024 (Graphic: Business Wire)

There are a number of initiatives taken up by developed and developing countries to promote women’s engagement in the mainstream workforce. With a growing number of women shifting from the unorganized to the organized sector, there is an increase in women’s salaries in developing regions such as Asia, the Middle East, and Africa. Because of the rise in women workforce, there is an increase in the number of parents registering for childcare services. Childcare centers are investing in childcare management software to track the progress of a child without human interference. The increasing women workforce will be one of the significant factors that will fuel the childcare management software market growth during the forecast period.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Report Highlights:

  • The major childcare management software market growth came from the on-cloud deployment segment. The on-cloud deployment of childcare management software is a lucrative segment. This deployment method eliminates the need for customers to own hardware for running the application, thereby reducing their operational costs. The software can be accessed by any device such

What the workforce will look like in 2025 as it morphs due to pandemic

Carl D. Walsh/Portland Press Herald | Getty Images

The coronavirus pandemic has radically altered the way we work, and companies of all sizes are experimenting with new ways to manage their far-flung virtual organizations. According to experts, remote work is here to stay and even when the health crisis ends, a good portion of the workforce will remain working from home. The challenge is how to keep employees connected, drive innovation and collaboration, and keep a steady talent pipeline when people are geographically dispersed.

Companies are prototyping new HR models to keep up with this rapid pace of change. Some are embracing artificial intelligence and automation to keep operations on an even keel, gather data-driven insights about their employees, improve the talent search and manage global risk.

It’s a daunting task and it’s happening at a time when business leaders are already wrestling with economic shutdowns, health-care concerns, an upcoming U.S. presidential election and societal upheaval.

What will the future of work look like in 2025? A recent McKinsey & Co. global survey of 800 executives in a range of industries reveals key trends. These include: a push towards automation; the shift to remote work or hybrid remote workforces; an increase in the use of freelancers, and growing reliance on artificial intelligence and machine learning tools to manage the workforce and other key functions.   

These shifts are already happening. Since the pandemic, 85% of respondents had accelerated digitalization of employee interaction and collaboration, and 67% have accelerated automation and artificial intelligence, according to the survey. Industries on the forefront include technology, finance and insurance.

For a glimpse of how companies are in the midst of this transformation one can look at Cisco, a network hardware company with more than 75,000 employees headquartered in San Jose, California, at the heart of