The human resources management system (HRMS) have been a central part of human resources departments for decades. Though useful to HR, these systems have also been static. Speaking generally, their functionality has not advanced greatly while other technologies have made great strides, and the information in them has been restricted to mostly use by HR professionals. However, along with growth in distinct and integrated talent management systems and in workforce management systems, this has...
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Topics:
Big Data,
Mobile,
Social Media,
HCM,
TM,
WFM,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Information Applications,
Workforce Performance,
HRMS,
Talent Management,
Workforce Management,
HR Management,
HRIS
In the past year Workday has been making efforts to improve its human capital management (HCM) suite focused directly on the core human resources management systems and talent management software. In my previous analyst perspective about Workday I looked at its mobile capabilities for HCM. These additions, in concert with the enhancements discussed here, offer useful improvements. I have also noticed changes in the HCM market that impact all large competitors in it, including Workday. Before...
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Topics:
Big Data,
Mobile,
Social Media,
HCM,
Recruiting,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Customer & Contact Center,
Workforce Performance,
Workday,
HR/Payroll
Our benchmark research consistently shows that business analytics is the most significant technology trend in business today and acquiring effective predictive analytics is organizations’ top priority for analytics. It enables them to look forward rather than backward and, participate organizations reported, leads to competitive advantage and operational efficiencies.
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Topics:
Big Data,
Predictive Analytics,
Sales Performance,
Statistics,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Integration,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance
Tagetik provides financial performance management software. One particularly useful aspect of its suite is the Collaborative Disclosure Management (CDM). CDM addresses an important need in finance departments, which routinely generate highly formatted documents that combine words and numbers. Often these documents are assembled by contributors outside of the finance department; human resources, facilities, legal and corporate groups are the most common. The data used in these reports almost...
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Topics:
Big Data,
Mobile,
ERP,
Human Capital Management,
Modeling,
Office of Finance,
Reporting,
Budgeting,
close,
closing,
Consolidation,
Controller,
Finance Financial Applications Financial Close,
IFRS,
XBRL,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Financial Performance,
Governance, Risk & Compliance (GRC),
CFO,
compliance,
Data,
benchmark,
Financial Performance Management,
financial reporting,
FPM,
GAAP,
Integrated Business Planning,
Profitability,
SEC Software
At its annual industry analyst summit last month and in a more recent announcement of enterprise support for parallelizing the R language on its Aster Discovery Platform, Teradata showed that it is adapting to changes in database and analytics technologies. The presentations at the conference revealed a unified approach to data architectures and value propositions in a variety of uses including the Internet of Things, digital marketing and ETL offloading. In particular, the company provided...
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Topics:
Big Data,
Teradata,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Information Applications,
Information Management,
Internet of Things,
Operational Intelligence,
Teradata Aster
The developed world has an embarrassment of riches when it comes to information technology. Individuals walk around with far more computing power and data storage in their pockets than was required to send men to the moon. People routinely hold on their laps what would have been considered a supercomputer a generation ago. There is a wealth of information available on the Web. And the costs of these information assets are a tiny fraction of what they were decades ago. Consumer products have...
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Topics:
Big Data,
Mobile,
Predictive Analytics,
Sales Performance,
Social Media,
Customer Experience,
Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
IBM,
finance,
Sales Performance Management,
Social,
Financial Performance Management,
SPSS
Teradata continues to expand its information management and analytics technology for big data to meet growing demand. My analysis last year discussed Teradata’s approach to big data in the context of its distributed computing and data architecture. I recently got an update on the company’s strategy and products at the annual Teradata analyst summit. Our big data analytics research finds that a broad approach to big data is wise: Three-quarters of organizations want analytics to access data from...
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Topics:
Big Data,
Sales Performance,
Supply Chain Performance,
Teradata,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
NoSQL,
Workforce Performance,
JSON,
UDA
Our recently released benchmark research on optimizing payroll management assesses how organizations use payroll information, processes and technology. It finds that most of them still need to improve. Our analysis compared the forces motivating investment in payroll management systems to broader strategic drivers for human capital management (HCM) that I previously outlined and found substantial agreement. Three of the five leading factors – demand for higher employee productivity (48%),...
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Topics:
Big Data,
HCM,
Office of Finance,
Employee Productivity,
Financial Performance,
Workforce Performance,
HR,
Talent Management,
Workforce Management,
benchmark,
Pay for Performance,
Payroll Management
At the Informatica World 2014 conference, the company known for its data integration software unveiled the Intelligent Data Platform. In the last three years Informatica has expanded beyond data integration and now has a broad software portfolio that facilitates information management within the enterprise and through cloud computing. The Intelligent Data Platform forms a framework for its portfolio. This expression of broad potential is important for Informatica, which has been slow to...
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Topics:
Big Data,
Master Data Management,
Sales Performance,
Supply Chain Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Data Integration,
Data Management,
Financial Performance,
Informatica,
Information Applications,
Information Management,
Workforce Performance,
Information Optimization,
Product Information Management,
application
Alteryx has released version 9.0 of Alteryx Analytics that provides a range of data to predictive analytics in advance of its annual user conference called Inspire 2014. I have covered the company for several years as it has emerged as a key player in providing a range of business analytics from predictive to big data analytics. The importance of this category of analytics is revealed by our latest benchmark research on big data analytics, which finds that predictive analytics is the most...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
alteryx,
data blending,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
Information Management,
Location Intelligence,
Operational Intelligence