ADP, the payroll specialist, has launched a big data platform to help customers bolster workforce productivity, talent development and staff retention. The move is part of a growing IT trend that leverages data science and predictive analytics for talent management and so-called human capital management (HCM).
The ADP DataCloud leverages aggregated, anonymized data from over 600,000 clients and 24 million employees in the U.S. The opportunity: Roughly 75 percent of companies with 1,000 or more employees leverage data for informed business decisions, but only 46 percent use workforce analytics to improve business decision making, an ADP-funded survey found.
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