SAN RAMON, CA, March 01, 2013 -- Ventana Research is set to commence new benchmark research to provide education on human capital analytics.
As human capital management including workforce management and employee performance become increasingly linked to business performance, businesses are in greater need of better human capital analytic capabilities. Ventana Research's previous research into next generation workforce management revealed that while some mature companies are utilizing human capital analytics, the majority of companies indicated the process of gathering such analytics was time-consuming, error-prone and inefficient. Because these inefficiencies do not serve today's enterprises, Ventana Research designed this benchmark research to yield a broad-based, authoritative analysis of the use of and interest in human capital analytics.
This research will assess the advancing use of analytics technology for improving outcomes in the use of an organization's human capital. The research will investigate how human capital analytics can be applied in a broad range of human capital processes including: recruitment, onboarding and compensation, performance assessments, employee engagement and retention, workforce planning and labor forecasting, succession planning and regulatory compliance. In addition, the research hopes to yield insights on how the availability and use of these analytics may enable the better management options and ensure that the actions of individuals in all business units align with the company's overall objectives.
"The rapid evolution of technology for business has introduced a wide variety of new measurements organizations can adopt to better human capital process that align to overall business goals and objectives," said Stephan Millard, VP & Research Director at Ventana Research. "We designed the research to identify trends, the current state of maturity and best practices in the use of human capital analytics."
"Our business analytics research found 80 percent of organizations felt that that applying analytics is important or very important," said Tony Cosentino, VP and Research Director of Ventana Research. "This benchmark research will examine the extent in which organizations are utilizing these types of analytics to make improvements and provide education that can shorten the time and risk of investing into human capital analytics."
To learn more about Human Capital Analytics or participate in the research, please visit: www.ventanaresearch.com/humancapitalanalytics. The research is being sponsored by Visier. Ventana Research, a leading business technology research and advisory services firm, provides qualified research participants with an incentive, complimentary report and presentation of the research findings as well as access to a free educational webinar on key findings from the Human Capital Analytics benchmark research.
About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana On-Demand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.
Ventana Research provides the most comprehensive analyst and research coverage in the industry; business and IT professionals worldwide are members of our community and benefit from Ventana Research's insights, as do highly regarded media and association partners around the globe. Our views and analyses are distributed daily through blogs and social media channels including Twitter, Facebook, LinkedIn and Google+. To learn how Ventana Research advances the maturity of organizations' use of information and technology through benchmark research, education and advisory services, visit www.ventanaresearch.com.