The HR Technology ecosystem is a multi-billion a year enterprise. It is estimated that there are over 20,000 different HR technology solutions in the marketplace. If you can think of it, there are at least a dozen solutions on the market or in development in our space.
Every single day, in some form or fashion, I have some ask me a question about which solution they should select? While I demo and review over a hundred different technologies across the entire landscape of HR technology each year, I only see a small fraction of what’s on the market, and within a year of seeing a certain technology, most have changed so much that you would need to demo them all over again.
All of this makes me wonder why don’t we have a practitioner lead site, like Yelp, where we all share and talk about the technology we’ve used, implemented, demoed, purchased, etc.
There are small pockets of this in certain spaces. Chris Hoyt and Gerry Crispin, the two principles at CareerXroads, started something like this for their members. ATAP has talked about starting this for our members. SHRM has chat boards that are active with members who are asking these questions and sharing. But the reality is, there isn’t a one-stop shop to get these answers, especially if you’re an SMB HR shop!
The enterprise HR shops will go to places like Bersin by Deloitte, Gartner, Forrester, IDC, etc. and pay a ton of money to work with specialized analysts in the field who work to try and stay on top of the tech. Some will go with smaller specialized firms shops like Aptitude Research, Lighthouse, HRWins, H3 HR Advisors, etc.
It seems crazy to me that we can’t just log into a TripAdvisor-type site, search for “Workday” and hundreds, if not thousands of reviews come up. New reviews, old reviews, reviews segments by module, etc. Segmented chat groups talking about how good or bad a tech company is at implementation. A group about how much they are paying for a tech!
Why isn’t this a thing!?!
I think there might be some reasons:
- We all think our tech stack is some big differentiator and the secret sauce of our success. (This isn’t true, by the way)
- The HR Technology community, especially the biggest players, have nothing to gain from a site like this.
- You have to start something like this without a revenue model and hope that somehow down the road, the revenue model is the data you collect. (I would think someone like TechStars, etc. would easily find funding for a site like this)
- It’s so hard to get all those parties together in one place – HR, benefits, compensation, recruiting, LOD, etc. We all have our own associations and spend time on separate sites.
I wish we had this. Imagine the power of our collective knowledge of what we are using that is working and what we are using, or have used, that isn’t working!? Holy crap, the time and resources we could save our organizations!
What do you think? Do we need this? Why don’t we have it?