Human Capital Management (HCM) is turning out to be fertile ground for providers to develop use cases for data science. The recent HR Technology conference provided an excellent opportunity for us to learn about the offerings of six HCM providers that are embedding data science in their products and services. We conclude with ideas for future use cases that go beyond managing employee attrition and other early applications.
Big data analytics can be a highly technical subject, but as consumers we come face to face with it every day. Based on our experience as consumers, it is evident that the “big guys” know how to use big data. But what about small to midsize companies? The good news is that business analytics and even big data are becoming more readily available to smaller businesses. This is the result of three big enablers.
Human capital management (HCM) is a hot area for new technology, at least based on the number of new vendor offerings. Why then has there not been greater adoption of the technology by HR practitioners? This post outlines three reasons why interest is high but adoption slow, and discusses what business leaders should do about it.