|By Marketwired .||
|November 21, 2012 04:00 AM EST||
READING, UNITED KINGDOM -- (Marketwire) -- 11/21/12 -- Oracle (NASDAQ: ORCL)
- Research released today from Oracle indicates there is an opportunity for organizations in Western Europe to use talent management solutions to help improve employee engagement, profitability and operations
- The study reveals that 95% of organizations in Western Europe recognize that talent intelligence can improve their performance and financial success. However, only a quarter (24%) of organizations surveyed are "very satisfied" with the insight they have into talent within their workforce, unveiling a substantial gap between business aspirations and business capabilities
- The report, "Understanding the Impact of Talent Intelligence: A Western European Study," highlights what businesses consider to be the main anticipated financial benefits of increased investment in Talent Intelligence, which are profitability (54%) and saving on the cost of training (53%)
- The Oracle study further found that data-proficient organizations (DPOs) better recognize the value of talent intelligence systems compared to data-deficient organizations (DDOs). 91% of DPOs agree that HR departments use workforce metrics to demonstrate their contribution to the overall business goals, compared to 70% of DDOs.
- Half of DPOs cite HR as a pro-active leader in contributing to corporate strategy, while less than one in five (19%) DDOs agree with this, demonstrating how using effective data can have a direct and positive impact on business strategy and goals
- Conducted by Loudhouse Research, the report surveyed over 300 key decision-makers in midsize and large organizations in the UK, France and Germany
- For full findings and research data, please go to http://bit.ly/SbGsUL
- Adoption Barriers: 43% of organizations consider cost as the main barrier to Talent Intelligence. However, the potential benefits of profitability and savings expressed by respondents potentially outweigh the concern of cost. Lack of executive support (32%) and lack of analytical skills (29%) are cited as further obstacles to adoption by respondents
- Improving Employee Performance: Western European organizations prioritize the "quality of hire" as the most important factor to improving employee value and performance (57%). Succession planning and talent mobility are viewed as a less immediate concern, with only a quarter (28%) of organizations prioritizing placing top performers on succession plans as a route to enhancing performance
- Appreciating the Value of Data: Many organizations surveyed may not fully appreciate the value of their data, with the level of access to reliable data greater than the importance assigned to it. For instance, while "quality of hire" is prioritized in developing business performance, the level of access to reliable related data (58%) is not high compared to similar metrics. Similarly, 43% of organizations agree that productivity improves performance, yet only 47% have access to this data
- Developing Talent: Completing the required training is considered the most important learning and development value (43%) to improving employee performance, with 59% of respondents having access to this data set. This focus is likely to be driven by regulatory or internal governance needs
- Succession Planning: Despite today's working environment, where employees readily move companies and roles, succession planning and talent mobility is considered the least important value to enhancing performance in Western Europe. Only a third of respondents have filled vacated leadership positions with employees already working for the organization, while 39% have critical roles with no identified successors
- DPOs vs DDOs: While the appetite for improved talent intelligence data is the same within both groups, their abilities and priorities differ:
- DDOs are some way behind DPOs with access to reliable data. For example, 43% of DDOs state that employee engagement levels are very important to improving performance, yet only 42% have access to this data. In contrast, just over half (54%) of DPOs cite employee engagement as a critical factor, with two thirds having access to this data
- DPOs focus more on the strategic benefit of Talent Intelligence, with 60% seeing profitability as the biggest financial incentive for investing in improved Talent Intelligence. Saving on training costs is seen as the greatest benefit to DDOs (52%)
- Regional Priorities: Talent intelligence strategies of organizations can be strongly affected by regional factors, such as employment flexibility and data protection requirements. Stringent employment laws in France are reflected in the country's focus on employing the right candidate first time (68%), while greater employment flexibility in the UK explains why the region is less reliant on highly structured employment data. Strong paradigms of seniority and team work in German businesses manifest itself in the findings that no German respondents considered workforce data, such as employee engagement levels, as very important
- "While many organizations in Western Europe recognize the benefit of implementing effective talent intelligence solutions, it is apparent from this report that many fall short of having sufficient access to data that will improve business processes," said Richard Haycock, Senior Director, HCM, at Oracle. "There appears to be an opportunity for organizations in Western Europe to use talent management solutions to gain insight into their talent, enhance employee value and experience, identify areas of strength and weakness, and help improve and optimize operations."
- Connect with Oracle HCM Facebook Page
- Follow OracleHCM Twitter feed
- Oracle Talent Management Cloud Service
- Full Report: "Understanding the Impact of Talent Intelligence: A Western European Study"
Notes to Editors
The research was conducted in May 2012 by Loudhouse Research, an independent market research consultancy based in the UK. The report is based on responses from more than 300 online interviews with business decision-makers, in the UK (102), Germany (102), and France (102).
Data Proficient Organizations (DPOs):
DPOs are defined as those respondent organizations that agree they are proficient at analyzing workforce data AND their business leaders are satisfied with the workforce data provided to them.
Data Deficient Organizations (DDOs):
DDOs are defined as those respondent organizations that don't agree that their organization is proficient at analyzing workforce data or their business leaders are not satisfied with the workforce data provided to them.
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ: ORCL), visit www.oracle.com.
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Oct. 23, 2016 05:15 AM EDT Reads: 1,830
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Oct. 23, 2016 04:45 AM EDT Reads: 4,270
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
Oct. 23, 2016 03:45 AM EDT Reads: 1,686
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue an...
Oct. 23, 2016 03:30 AM EDT Reads: 2,949
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
Oct. 23, 2016 02:30 AM EDT Reads: 9,646
SYS-CON Events announced today that Streamlyzer will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Streamlyzer is a powerful analytics for video streaming service that enables video streaming providers to monitor and analyze QoE (Quality-of-Experience) from end-user devices in real time.
Oct. 23, 2016 02:30 AM EDT Reads: 941
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Oct. 23, 2016 02:30 AM EDT Reads: 846
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
Oct. 23, 2016 02:15 AM EDT Reads: 637
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
Oct. 23, 2016 02:00 AM EDT Reads: 10,959
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
Oct. 23, 2016 01:30 AM EDT Reads: 3,657
Cloud based infrastructure deployment is becoming more and more appealing to customers, from Fortune 500 companies to SMEs due to its pay-as-you-go model. Enterprise storage vendors are able to reach out to these customers by integrating in cloud based deployments; this needs adaptability and interoperability of the products confirming to cloud standards such as OpenStack, CloudStack, or Azure. As compared to off the shelf commodity storage, enterprise storages by its reliability, high-availabil...
Oct. 23, 2016 01:30 AM EDT Reads: 1,043
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In the next forty months companies will take the actions that will see them get to the next level of the game called Capitalism. Or they won’t – game over. The winners of today and tomorrow think differently, follow different...
Oct. 23, 2016 01:15 AM EDT Reads: 886
The IoT industry is now at a crossroads, between the fast-paced innovation of technologies and the pending mass adoption by global enterprises. The complexity of combining rapidly evolving technologies and the need to establish practices for market acceleration pose a strong challenge to global enterprises as well as IoT vendors. In his session at @ThingsExpo, Clark Smith, senior product manager for Numerex, will discuss how Numerex, as an experienced, established IoT provider, has embraced a ...
Oct. 23, 2016 01:15 AM EDT Reads: 999
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
Oct. 23, 2016 12:45 AM EDT Reads: 3,544
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
Oct. 23, 2016 12:15 AM EDT Reads: 2,450
Donna Yasay, President of HomeGrid Forum, today discussed with a panel of technology peers how certification programs are at the forefront of interoperability, and the answer for vendors looking to keep up with today's growing industry for smart home innovation. "To ensure multi-vendor interoperability, accredited industry certification programs should be used for every product to provide credibility and quality assurance for retail and carrier based customers looking to add ever increasing num...
Oct. 23, 2016 12:00 AM EDT Reads: 451
The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source IoT framework, today announced that the two organizations’ boards have approved a merger under the OCF name and bylaws. This merger will advance interoperability between connected devices from both groups, enabling the full operating potential of IoT and representing a significant step towards a connected ecosystem.
Oct. 23, 2016 12:00 AM EDT Reads: 1,194
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
Oct. 23, 2016 12:00 AM EDT Reads: 1,826
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Oct. 22, 2016 11:45 PM EDT Reads: 723
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
Oct. 22, 2016 11:45 PM EDT Reads: 4,466