Technology Disrupting Industries Now More Than Ever Thanks to Consumers
New technologies continue to change user and consumer behavior, which in turns drives the demand for further innovation
Some of the world’s greatest technological advancements have served as something of a turning point in history, with each considerably changing not only the way people live and work but also turning some industries obsolete while giving rise to new industries altogether.
From automobiles outpacing horses and horse-drawn carriages, to desktop computers and printers resulting in typewriters becoming antiques, the impact of advancements continue, with new solutions being created to address problems which arise.
How new software and other related technologies have done the same for human resources and recruitment and other industries was the discussion last September, when business leaders from various sectors gathered in the Marriott Grand Ballroom in Pasay City for the first-ever Asia HR Innovation Summit.
Growth at its Fastest
An event mounted by Asia CEO Summit and Kalibrr Technology Ventures, the summit saw various speakers discuss how new technologies have helped streamline their hiring and employment retention processes, while also revolutionizing their respective industries overall.
Kalibrr’s own CEO and co-founder, Paul Rivera, was one of the speakers at the summit. Among the topics he touched on was how innovation is now seemingly at its fastest, evident in how young companies have disrupted and taken hold of their respective markets.
“We all know companies like Grab, Viber, all Lazada. What do they all have in common? They’re all tech companies. They’re all fairly young. But they have also disrupted their industries, and have forced competitors to change their business models. If I asked a few years ago how many in this room have shopped online, probably just ten percent. Now, if I asked who has purchased anything online within the last sixty days, it’s almost everyone.”
But Always Consumer Driven
While he acknowledged that the availability and constant development of new technologies has significantly driven this growth, the constant change in the expectations of users and consumers has also helped drive solution makers to continue pushing the envelope:
“The existence of an ‘on-demand economy’ means behaviors will change. People will further expect things to be convenient - everything must now be accessible, seamless, easy and on-demand, including jobs and job opportunities.”
He also shared that there is no end in sight for technology-based solutions and services. An increase in internet accessibility means target-markets will largely be looking to acquire products and services or transact online, and Southeast Asia alone has the fastest growing internet market in the world, with an expected 480 million users by 2020, and an internet economy worth approximately $200 billion by 2025.
Despite the significant numbers and the immeasurable potential of the market however, Rivera states that a more human aspect will always remain the key reason for successful technological advancement.
“Be innovative in one word: caring. Caring enough about problems, to overcome the challenges and make the vision of a solution, happen. At Kalibrr, when we started focusing on the jobseeker, everything changed, and we realized what innovations would be of the best use to our clients.”
Kalibrr is a technology company that aims to transform how candidates find jobs and how companies hire talent. Placing the candidate experience at the center of everything it does, the company continues to attract the best talents from all over, with users of 1.6 million and counting. Kalibrr ultimately connects these talents to companies in search of their next generation of leaders.
The only end-to-end recruitment solutions provider in Southeast Asia, Kalibrr is headquartered in Makati, Philippines, with offices in San Francisco, California and Jakarta, Indonesia. Established in 2012, it has served over 18,000 clients, and is backed by some of the world’s most powerful start-up incubators and venture capitalists. These include Y Combinator, Omidyar Network, Patamar Capital, Wavemaker Partners, and Kickstart Ventures.