Panalyt Becomes Gartner Cool Vendor 2021!
Panalyt, a leading HR analytics vendor, is thrilled to announce today that it has been named as a Cool Vendor by Gartner in Human Capital Management: Technology Innovations to Support the Future of Work in their 26 April 2021 report on “Cool Vendors in Human Capital Management: Technology Innovations to Support the Future of Work”.
How we work has undergone tectonic shifts only accelerated by recent events. People leaders must make bold choices today, leaders need to understand what the future may hold through metrics that can help them anticipate risks, inform strategy, and prepare for the future of work, the workforce, and the workplace.
Gartner’s report on Cool Vendors in Human Capital Management: Technology Innovations to Support the Future of Work recognises HR Technology vendors who are solving for fundamental issues that need to be addressed as organizations continue to transition to long-term remote and hybrid operating models, and Panalyt is extremely delighted to be both the only People Analytics vendor and the only company headquartered in Asia featured in the Gartner report.
Why does Gartner think we’re cool?
Panalyt is cool because its primary focus is on what managers and business leaders need to know about their talent and the health of their organization; as compared to more established talent analytics solutions which are generally very focused on HR users and their need to share HR-related updates with the business leaders they support.
Organizations have traditionally focussed on People Analytics as one-off strategic projects delivering insights to a small audience of C-suite and Senior HR executives to inform people strategy. as compared to operationalizing the delivery of employee insights aggregated across multiple business systems to line managers – who are often cited as the most important aspect of the Employee Experience.
The lack of a consistent, connected, accessible and repeatable approach to People Analytics, or Practical People Analytics as we call it, leads to a cycle where people managers – who are often cited as the most important aspect of the Employee Experience – are unable to access holistic, actionable employee insights aggregated across the employee lifecycle.
This People-Data Gap causes a perpetuation of important people decisions made on gut feel, bias and assumptions across the organization.
Panalyt bridges the People-Data Gap, enabling real-time, uniform access to relevant people data, reports and insights for CxOs, HR and business managers.
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