IBM’s new Kenexa tool aims to assist HR and business professionals with recruitment, training, and function assessment.
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IBM has announced a SaaS-based product designed to assist human resources professionals and business managers use big data to enhance talent recruitment, employee training, and function assessment.
The IBM Kenexa Talent Suite incorporates new and previously developed applications from IBM and Kenexa, which IBM acquired in 2012 for $1.3 billion. Using big data analytics, the suite evaluates employee information reminiscent of work experience, social engagement, skill development, and individual character traits to fine-tune the recruitment process and helps employers understand their workforce, the corporate said. This can foster such things as better targeted candidate searches through social recruiting sites resembling LinkedIn.
“Organizations everywhere today are on a mission to spot and hire top talent,” IBM said in an announcement. “By hiring exactly the right employees after which arming them with powerful social tools, businesses can more effectively manage and develop their workforce and put them into the placement to succeed.”
[Businesses continue to struggle with social business. Read Beat Top Social Business Obstacles.]
The suite is additionally designed to enhance onboarding and employee retention. Through IBM Connections, the company’s social software platform, employees can share information and find subject experts. IBM said its analytics will enable business leaders to realize a much better understanding of emerging employee trends, so as to help them manage skill attainment, performance appraisals, compensation, and succession planning, as an example. The product was unveiled on the IBM Connect 2014 conference in Orlando, Fla..
In its press release, IBM cited its soon-to-be-released study that surveyed 342 HR executives and located that only 50% of organizations use workforce analytics. Even fewer apply predictive analytics for decision making in areas which include sourcing and recruiting (7%), employee engagement and commitment (9%), talent development (10%), retention (13%), and collaboration and information sharing (3%).
“We all know individuals are the lifeblood of a firm, and business success on today’s stage requires not only talent but social capabilities that may energize, empower and nurture each team member in order to reach their full potential,” Craig Hayman, GM of industry cloud solutions at IBM, said within the press release. “By combining social, behavioral science, and analytics within the cloud, we give businesses a transparent route to empower their most valued asset: employees.”
Kenexa users can have the choice to feature analytics with the aid of Watson Foundations, IBM’s integrated set of huge data and real-time analytics. Businesses could use this to spot trends within the workforce and predict future trends, IBM said.
The IBM Kenexa Talent Suite is scheduled to ship this quarter in a SaaS-only model. IBM will charge customers on a per-user subscription basis; it didn’t offer further pricing details.
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