Infor Acquires PeopleAnswers
Infor has announced acquisition of predictive talent analytics, PeopleAnswers. The acquisition of PeopleAnswers will make the Infor HCM suite one of the first HCM suites to deliver a real-world use case for big data that impacts results that can be measured.
- (1888PressRelease) January 17, 2014 - PeopleAnswers' approach uses behavioural science to achieve results in the traditionally "soft" space of HR, tying performance metrics to the key behaviours of top employees using Performance Profiles and Behavioural DNA to enable companies to hire, reward and promote their best performers.
"Evaluating talent is one of the most important decisions for a manager, but these decisions are hindered by uncertainty and a lack of data. PeopleAnswers has pioneered the concept of HCM big data and behavioural science that delivers a patented, cloud-based product available in 16 languages that has become the gold standard for hiring best practices.
Through this acquisition, we will not only expand our HR offering, but we will add a cadre of scientists to move beyond simply automating processes to push the envelope on big data and HCM innovation," said Charles Phillips, CEO, Infor.
PeopleAnswers is experiencing strong annual growth (3-year compound annual growth rate of 32 per cent) and has grown for 41 consecutive quarters.
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