target audience: TECH SUPPLIER Publication date: Feb 2024 - Document type: Market Perspective - Doc Document number: # US51603023
HR Analytics: Adoption, Challenges, and Market Dynamics
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Abstract
This IDC Market Perspective discusses the transformative role of HR analytics in workforce management, integrating human resource management with data science to provide strategic insights and address business challenges. It highlights how organizations vary in adopting HR analytics when factoring in their unique and specific needs, the role of technology suppliers, and the possible future applications of HR analytics. The document also outlines the challenges in adoption and provides recommendations for successful implementation.
"The key to successful HR analytics implementation lies in tailoring strategies to specific needs, business size, scale, and resources while eyeing emerging trends and technological advancements," said Sam Halwani, research vice president, Human Capital Management at IDC.