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.

Most HR departments are involved in analyzing workforce metrics at their organization, but only 15% of them have a data scientist or analyst who’s dedicated to the work. “While HR is almost always involved in analyzing HR metrics, data analyst positions focused on HR metrics are the exception rather than...
Sponsored Mark Feffer: Welcome to PeopleTech, the podcast of the HCM Technology Report. I’m Mark Feffer. This edition of PeopleTech is brought to you by ADP. Its Next Gen HCM is designed for how teams work, and helps you break down silos, improve engagement and performance, and create a culture of...
People analytics provider Workforce Logiq announced a new IQ Location Optimizer solution, which helps employers decide on where to source talent and whether a remote-work arrangement makes sense for a particular role. The idea, said the company, is to speed up the hiring process and expand the talent pool for...
Rizing launched a new solution designed to capture data from business processes and apply it to organizational change. Rizing Employee Experience Insights, or EXI, combines SuccessFactors operations data with Qualtrics experience information to help companies improve their business performance. The result is “a fully integrated approach to managing and improving...
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...