Data & Analytics

No one can question the importance of analytics in the business world. As the technology behind data use becomes more sophisticated, HR departments are challenged to find metrics that provide true and accurate measures of both their performance and that of the organization’s workforce as a whole. Here we examine the progress of technology surrounding data’s use and explore how companies can ensure they’re measuring the correct things.

Oracle launched Oracle Analytics for Cloud HCM, a self-service application designed to provide more detailed workforce intelligence by gathering data from across the organization. Oracle Analytics SVP T.K. Anand said the package can be used out-of-the-box and reduces the organization’s reliance on IT. “This allows for closer collaboration between HR...
HR leaders believe their departments lack the tools and skills necessary to accurately track the COVID-19 pandemic’s impact on their organization and effectively predict the virus’s workforce and business consequences. Research by the UK HR analyst firm Fosway Group found that only 25 percent of HR departments can easily track data points such...
In March, Lighthouse Research & Advisory included Salary.com’s CompAnalyst platform in its Compensation Technology Buyer’s Guide and Provider Landscape. Soon after, we spoke with Salary.com CEO Kent Plunkett, CCP, about why compensation data matters, his company's business, and how both will evolve in the post-pandemic world.  Candidates and employees recognize...
Employee health data has jumped in value as employers struggle to manage both their business and workforce amidst the spreading coronavirus. Though no one’s happy with the circumstance, some vendors might find more willing listeners once the pandemic subsides. The tools of one such company—Springbuk, an Indianapolis-based provider of “health...
Oracle rolled out a new data science platform for Oracle Cloud, with a service called Infrastructure Data Science at its core. The system is meant to help data scientists collaborate on and deploy machine learning models. Oracle said Infrastructure Data Science is different from other offerings because it focuses on teams rather...
Cornerstone OnDemand, SAP, SumTotal Systems and Ultimate Software are among the 15 HCM and educational technology vendors who’ve become founding members of a nonprofit focused on the research and development of blockchain solutions and promoting their adoption. The nonprofit, called the Velocity Network Foundation, seeks to create a global, open-source blockchain-powered “Internet of...
On January 1st, the highly contentious overtime rule will take effect after years of negotiation. The new rules will impact an estimated 1.3 million workers and, of course, their employers. We spoke with Ian Cook, Visier’s vice president of people solutions, about the new rule’s implications and how analytics can help employers address...
Qualtrics, the SAP-owned experience management solutions provider, launched a flavor of EmployeeXM that targets IT executives who want to measure their employees’ technology experiences, then use the data to close gaps and understand where to invest in the future. Qualtrics said it stress-tested the product, called EmployeeXM for IT, by working with Microsoft...
Paycor rolled out at a new analytics package designed to make workforce analytics more accessible to HR managers. Powered by Visier, Paycor Analytics helps HR recognize patterns and identify problem areas so they can develop strategies to address issues in both the near and long terms. The company said Paycor Analytics turns workforce...
ADP announced new features for its analytics platform ADP DataCloud to improve its user experience and leverage machine learning to make better use of the workforce data the company compiles from some 30 million employees. Jack Berkowitz, ADP’s senior vice president of product development, said the enhancements are an attempt to make...