The global market for technology focused on improving workplace diversity and inclusion seems to be attracting a wave of companies. The Mercer and RedThread Research report released earlier this month estimates the market to be worth at least $100 million and growing.
“The report surveyed 105 diversity and inclusion tech vendors to determine how this technology is being used in the workplace. These solutions are mainly used for talent acquisition purposes (43%), according to the report, followed by analytics (26%), development and advancement (19%), and engagement and retention (12%).”
“The majority (60%) of organizations in this space that were surveyed were small companies, with less than 50 employees, and with a consumer base primarily in finance/banking, technology, and professional services, according to the report.”