Interview with Rebecca Wettemann, Principal at Valoir, on HR...

Interview with Rebecca Wettemann, Principal at Valoir, on HR Technology

Posted 2024-04-23 09:10:11

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What key trends do you observe in tech, especially in digital transformation and analytics/AI adoption?

Valoir’s recent research has found that more than ¾ of workers in HR roles have experimented with generative AI, making HR only behind IT employees as a cohort having tried genAI (finance and marketing employees had similar experimentation levels, while sales and service lagged far behind) – and 35 percent of the average HR person’s workday is ripe for automation. However, HR has challenges ahead of it when it comes to AI, particularly around implementing policies and training for its effective use, and retraining employees who will be impacted/potentially replaced by AI.

Also Read: Is HR Ready for the AI Revolution?

How do you envision the role of technology, especially AI and WEM tools, in creating a more empowered and educated workforce?

One of the biggest potential benefits around AI and WEM is in bringing together all the unstructured data about employees and making sense of it. This leads to more personalized recommendations, better skills gap analysis, and ultimately the ability for employees to more effectively advance in their careers – if they take advantage of it.

How do you see M&A strategies evolving in tech, and what considerations should companies keep in mind?

We’re going to see an acceleration of M&A activity in tech this year, as valuations get corrected and the cost of capital limits startups’ abilities to secure additional funding. This means a sharper focus on delivering customer value, and for vendors, a sharpened focus on their ideal customer profile and how they’re differentiated.

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