SimplyHR Marks 13 Years Of HR Innovation
SimplyHR celebrates 13 years of excellence by embracing innovation, technological advancement and a commitment to the human-centric aspects of HR. The transition from SimplyHR to Simpli Group represents a strategic move, aligning with the company's commitment to providing a holistic suite of services in the dynamic landscape of modern HR management.
Evolution & Expansion
SimplyHR, over the past 13 years, has evolved from a boutique HR firm into a multifaceted entity. It has diversified its services, offering advisory, consulting, outsourcing, hiring and training solutions. A pivotal aspect of this evolution is the development of a robust HRMS software, now matured into a comprehensive SaaS product.
Led by Rajneesh Singh, Managing Partner and other Partners including Saurabh Saxena, P.S. Babu and Saurabh Khandelwal, the newly formed Simpli Group encompasses advanced features like business intelligence, fractional support and a full spectrum of HR functionalities. Notably, it integrates elements like company merchandise management, showcasing a commitment to technologically advanced services that cater to the evolving needs of modern HR management.
Last year, the Indian SaaS ecosystem exceeded expectations by generating an impressive $7 billion in revenues, securing a 2 per cent share of the global SaaS market. This segment remains a vital and expanding component of the Indian startup economy. Currently valued at $25 billion, the market is anticipated to reach $39 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.7 per cent from 2023 to 2030. Projections indicate that within the next decade, approximately 55 per cent of companies will integrate human resource technology leveraging artificial intelligence and machine learning to provide daily suggestions and workforce insights.
The journey of SimplyHR has been marked by a significant technological shift. The integration of AI into their SaaS products signifies a leap into the future. This evolution mirrors the changing expectations of clients, particularly highlighted by the challenges posed by the global pandemic. The firm's tech-centric approach does not diminish the importance of foundational HR aspects. Instead, it enriches their ability to blend technology with a personal touch, positioning them as forerunners in collaborative people solutions.
Simpli Group, as a SaaS model, stands out in the HR landscape by offering a comprehensive people and business solution suite. Features ranging from business intelligence to learning and performance management empower HR professionals to become strategic business partners. The marketplace approach adds versatility by incorporating a diverse range of services, giving more power to HR professionals in their roles.
Wasi Excellence Award
The Wasi Excellence Award, instituted in memory of the late tech lead Wasi Ur Rahman, who lost his life in a fire tragedy in New Delhi a few years back, embodies the company's commitment to recognising both professional excellence and positive human qualities. Presented during the Annual Family Day, this award reflects a dedication to nurturing a work culture that values high performance and strong employee engagement.
Vision for the Future
Simpli Group's vision for the next era of digitisation is ambitious. They aim to transform into a comprehensive ecosystem synergising people, business and culture. This transformation involves becoming an accelerator for organisational growth, blending technological innovation with a deep understanding of human resource management.
The threefold focus includes empowering individuals, transforming businesses, and cultivating culture. The leadership team is being strengthened, with new additions demonstrating a commitment to excellence and operational sophistication. The vision is to be more than a service provider, evolving into a holistic partner in business growth.
The journey from SimplyHR to Simpli Group marks a significant chapter in their evolution, positioning them as leaders in the ever-changing landscape of HR management. As they navigate the transformative phase, the vision is clear – to be a partner in organisational growth, combining innovative technology with human-centric approaches to meet the evolving needs of the digital era.
