HiBob expected to be a category leader in near future
New York, US & Tel Aviv, Israel – 13 March, 2024: HiBob, the company behind Bob, the modern HR platform transforming the world of work is named “Rising Star” in this year’s ISG Provider Lens™ evaluation for core HCM Technology plus Talent Management for Small and Mid Markets with 50-5,000 employees.
The report highlights how Bob simplifies HR complexity, drives productivity, collaboration, and engagement. It also emphasizes the tools for automating core HR functions and seamless integration capabilities. Additionally, it calls out Bob’s support of global, multinational companies by providing a localized experience for their people.
ISG Provider Lens™ evaluated 19 HCM technology providers across two market segments with source data for its evaluations provided by entrants, interactive demonstrations, and significant relevant current information in the public domain.
“HiBob’s offering Bob caters to mid-market clients, including those with fluid organizational structures. It automates core HR functions, enables a tech-strong corporate culture and readily integrates essential adjacent HCM solutions,” said Stacey Cadigan, at ISG.
The report highlights several strengths, including strong interoperability and user experience, emphasizing the importance of employee engagement and centralizing processes for deeper insights. It also acknowledges the platform’s global capabilities, language consideration, currency, and site setups as key factors, underscoring its scalability and foundation for future growth.
The study commends its efficient payroll management, particularly crucial for global companies consolidating payroll with multiple systems. Additionally, the unique support for dynamic organizations stands out, showcasing the platform’s adaptability in times of increasing uncertainty, enabling quick pivots to meet evolving needs.
Ronni Zehavi, CEO and Co-Founder of HiBob said: “I’m so happy to announce HiBob’s recognition as a ‘Rising Star’ in HR technology by ISG. We’re building the platform for the future of work characterized by changes in demographic patterns, work values, and technology.”
He concludes: “This is a pivotal moment for HR to reinvent itself, starting with an HCM for everyone that’s user-friendly, provides actionable data, and enhances productivity and engagement. Companies that embrace a people-first strategy will be better positioned to attract and retain top talent in this evolving landscape. Excitingly, we’ll be introducing new modules and functions in 2024 to make Bob’s even more exceptional.”
A key industry takeaway from the full report found that vendors are operating as though the market is still vibrant. This is shown in their product plans and budgets for research & development, which are holding steady to remain competitive.
You can access the full report here.
About HiBob
HiBob is at the forefront of HR innovation, transforming the way organizations operate in the modern world of work with its award-winning HCM Bob. Its modular approach caters to the needs of multinational companies seeking agile technology and robust analytics to support operations across distributed workforces in the ever-evolving economic and workplace landscape. Companies using Bob are able to accelerate hiring, retain the best talent, upskill and elevate employee experience.
More than 3,600 global businesses serving hundreds of thousands employees worldwide – including Uala, The Josh Bersin Company, Fiverr, The&Partnership, and VaynerMedia – appreciate its ease of use, high configurability and the ability to customize based on business requirements. The platform’s high adaptability and focus on people engagement and community creation are seen in its consumer-grade user interface, providing easy access to HR processes while fostering engagement.
Awarded one of the best places to work in 2023, HiBob’s global team of “Bobbers”come together to build the exceptional in an inclusive and empowering culture. For more information about HiBob, visit www.hibob.com.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.