JULY 20174The disruptive force of technology has transformed the way people look for jobs and how employers hire. As a result, this new era of talent acquisition requires a fresh outlook on how companies approach and invest in finding the right people. Finding the right talent continues to be one of the most urgent issues for companies. Harvard Business Review recently stated that business leaders rated talent as one of their top concerns, beginning with finding the right hires. Furthermore, 93 percent of the CEOs find that they need to change their strategy for attracting and retaining talent, while 61percent of those same executive leaders also admit they do not know where to begin, according to a recent PwC Survey.There is a lot of buzz of digital transformation, analytics enveloping HR world. With the dawn of technology, businesses are beginning to experience more intense competition in the job market. At a time when the world is observing rising attrition rates, and a growing trend of increased movement from one job to the next, it becomes imperative for companies to adopt technologies and systems that will integrate solutions for organizational challenges, better engage their employees, and improve business outcomes. Several HR tech startups have gained considerable momentum with the active role of investors in this space and have helped companies create a wide array of products, with the infusion of both software and hardware to make the complete HR processes a smooth and affordable. There is a tool for everything starting from recruitment, talent management, employee self-service, gauging engagement and productivity and even enhancing corporate health and wellness. In our current edition, we have featured `10 Best Startups in HR Technology'. These startups are redefining the hiring system in India. We also recommend you to read the cover story on Maprecruit.com, an open source technology focused product development company that focuses on providing solutions in the areas of Big Data for Recruitment, Machine Learning, Cloud Application Hosting, Integration, Big Data Analytics, amongst others.Do let us know your thoughts.Nandini MukherjeeManaging EditorNew Age HR tech Startups are changing the Business WaysEDITOR'S NOTE Vol 3 · Issue 2-1 · July 2017 Publisher Alok Chaturvedi Managing Editor Nandini Mukherjee Editorial Team Amit Raja Naik Ananth. V Pooja Devi Pushpita Das Tashi Sangmo Prisila Deepshikha Singh Sales & Marketing Ashu Sethi Jyoti Sharma Editorial Queries editor@startupcity.com To subscribe Visit www.startupcity.com/subscribe Cover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2017 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran Perumal Sr .Visualiser Maitreyee Visualiser Manjunath Vimal Raj MSr. Manager Sales & Marketing Amrit Singhsiliconindia
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