ROSELAND, NJ -- (Marketwired) -- 09/13/17 -- Are employee absence rates tracking higher than expected? Are pay gaps a risk to retaining employees? Are staffing strategies impacting overtime? Since it launched in 2015, ADP® DataCloud, the portfolio of data analysis tools for HCM, has been helping HR leaders and business executives answer questions such as these by applying data science and machine learning to ADP's rich set of employment data.
However, businesses are always looking for easier ways to manage their workforce, address strategic business challenges, and activate critical data insights across their organizations in a rapid and repeatable way. Starting at the end of 2017, the next generation of ADP DataCloud will help businesses accomplish this through:
Available immediately are also new professional services for applying data insights:
"By applying AI to an unmatched set of workforce data from businesses around the world, this next generation of ADP DataCloud can offer HR teams newer and faster insights that change the way they do their jobs," said Rich Wilson, senior vice president of product development for ADP DataCloud. "In the same way that virtual assistants like Siri® or Alexa® are changing consumer technology, the next generation of ADP DataCloud will work alongside HR professionals and executives, offering to assist them with everyday tasks and providing curated insights to help manage their employees more effectively than ever before."
ADP DataCloud uses anonymized data from over 95,000 clients and nearly 30 million employees so organizations can holistically understand the impact of their workforce on their bottom line and benchmark against real-time market conditions.
About ADP (NASDAQ: ADP)
Powerful technology plus a human touch. Companies of all types and sizes around the world rely on ADP cloud software and expert insights to help unlock the potential of their people. HR. Talent. Benefits. Payroll. Compliance. Working together to build a better workforce. For more information, visit ADP.com.
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Source: ADP
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