Analytics is undoubtedly changing the future of the business world. We have talked about a number of the ways that business leaders are investing in big data technology and analytics.
The market for talent analytics is projected to be worth $1.8 billion by the end of this year. There are many reasons that the demand for big data in the human resources sector is growing so quickly
HR professionals are using big data to make strategic decisions. Payroll can account for up to 50% of expenses for labor-intensive businesses, according to NetSuite. Big data analytics can help firms save money. Talent analytics is the use of big data for HR functions. It gathers and analyzes data from current and prospective employees. Big data in marketing gathers and analyzes data from customers.
