Striving To Raise The Bar In Enterprise Tech
People at the core of any business, empowering the human capital, has a multiplicative positive effect on individuals, organisations, and the economy as a whole
Photo Credit : Ritesh Sharma
On the company’s relevance a decade from now: Ten years from now, Darwinbox would not “just” be relevant but will have redefined the possibilities of transforming the human resource function through technology. Be it intelligent and predictive analytics or driving employee-centricity and culture through a cognitive platform, Darwinbox strives to raise the bar when it comes to enterprise technology.
On the future of the business: Human capital management is at the peak of reinventing itself owing to tectonic shifts in the nature of workforce. Major trends such the gig economy, virtual workplaces and millennial workforce are demanding newer practices and higher involvement of deeper technology solutions such as Darwinbox to empower this change.
On the importance of AI and blockchain to the business: To say the least, AI and blockchain are disruptive technologies, but substantial value can only be generated by applying them to solve real business problems over trivial improvements. AI has some really exciting possibilities for the fields of recruitment where it can help you cut the noise and pinpoint the right talent for your organisation or even to identify those that deserve accolades within the existing pool. In addition to this, the conversational aspect of AI can be harnessed to boost engagement, productivity, and compliance at workplace. Blockchain on the other hand, has potential when it comes to international payroll, employee background verification and cyber security compliance of organisational data.
On direct and indirect wealth creation: People at the core of any business, empowering the human capital, has a multiplicative positive effect on individuals, organisations, and the economy as a whole. The HR tech industry is worth $20 billion but the net value it can generate for organisations is multifold.