HR Tech market is predicted to grow to $39.9 billion by 2029
The fourth annual campaign for Europe’s TIARA Talent Tech Star Awards has been launched and recognises innovation, excellence and growth in the HR Tech and RecTech industry.
Alex Evans, Managing Director at TALiNT Partners commented: “Talent tech continues to enable the transformation of HR and Recruitment as both employers and recruiters adapt to the changing expectations of candidates, clients and their own employees. The value of the global HR Tech market is predicted to grow to $39.9 billion by 2029 – but who will lead the market and drive innovation?”
“The TIARA Talent Tech Star Awards shine a spotlight on the best solutions for employers and recruiters to enhance service and experience for candidates and contractors. This campaign recognises excellence across a spectrum of awards with a judging panel comprising buyers, investors and advisors from across the talent ecosystem to make it an award worth winning.”
The 2022 winners included Bright Network, Sonovate, Sova Assessment, Paiger, HireVue, Worksome, Eli Onboarding, Pixid, Talos360, Mercury and Eightfold AI (see who won which award and why here).
Georgios Markakis, Managing Partner at Venero Capital Advisors also commented: “Venero is proud to partner with the TIARAs and once again sponsor the Champion of Champions Award to showcase Work Tech solutions which exemplify innovation, value and impact.”
Despite high inflation and recession fears, $19.4bn was invested in HR/Rech in 2022 – the second-best year for the sector according to research from Venero Capital Advisors – with 132 deals in Europe, UK & Ireland.
Ken Brotherston, CEO of TALiNT Partners said: “The alumni of finalists and winners of the TIARA Talent Tech Star Awards represent challengers, disruptors and transformers across a spectrum of business growth, from high potential, early-stage start-ups to scaling SMEs and established market leaders. They have validated game-changing innovation and excellent customer service with solid case studies and testimonials.
“This year we will once again celebrate the Talent Tech Stars who are championing innovation in different parts of the talent ecosystem and enabling employers and recruiters to adapt and transform. Our judges will look for good financial performance, well-executed innovation, customer service that goes beyond the norm, the best return on investment in people and profit with purpose. They will also look at their ambition, vision and the change they are championing.”
The judging process for the TIARA Talent Tech Star Awards is designed around the expectations of buyers and investors, based on key performance metrics, case studies and testimonials. Our impressive and influential panel of judges from companies including LinkedIn, ManpowerGroup, Optima Corporate Finance, AMS, and Reed Talent Solutions will follow our rigorous judging process to decide the winners in 14 categories.
The entry deadline for the 2023 awards is Friday 21st April with finalists announced in early May. This year, winners will be announced at a black-tie gala dinner on Thursday 29th June at the Montcalm, Marble Arch, in London.
To find out more about this year’s award categories and to start your entry, visit https://talenttech.tiara.talint.co.uk/.