Just about everyone agrees that the traditional, annual-review-based way of evaluating employees simply doesn't work anymore, if it ever did. In fact, it's hard to think of anything businesses routinely do that's more universally unpopular. A recent global Mercer survey of HR leaders worldwide found that just 2% believe their current performance-management systems are very effective. No wonder McKinsey reported, in another recent study, that two-thirds of employers say they're making big changes, or trying to. "Managers and employees alike see the old annual-review approach as too subjective, too bureaucratic, and too backward-looking," notes Bryan Hancock, a McKinsey partner in Atlanta who has worked closely with companies where artificial intelligence is being applied to evaluating humans' performance.

Artificial Intelligence is dubbed as the future and is expected to play a huge role in the HR industry. There are various startups and companies across the globe, which have launched products in the similar segment. Email software like'Zoho mail'; companies like'Workcompass' which came out with a performance management software and is doing very well. The target audience would be "Organisations with more than 100 employees". Most of the employee assessment today is done by managers, that leads to complete focus on "the person," with the possibility of bias and complexities because of reasons including their personal "traits" or behaviours.