| Product | Market Share (%) |
|---|---|
| KPMG Data & Analytics | 3.3% |
| McKinsey People Analytics | 2.9% |
| Other | 93.8% |
Terms such as Machine Learning, Analytics and Big Data have become a part of the commonly used language of the Advanced Data Analysis field, or Analytics in short. This field has received attention and acknowledgment in recent years and become recognized as a valuable asset for every organization in any sector.
Analytics have changed the way we approach data in organizations. In the past, organizational information was replicated and transformed to match a format of the organization’s database. In order to access and analyze that information users created queries, however, not all organizational data could be processed that way since the database only worked with structured data.
Nowadays, we know that the numbers and types of data sources available to us are enormous, and we must take the internal and external information into consideration in order to get the full picture.
The Data & Analytics practice provides holistic solutions by collecting ALL available data and directing it towards interesting issues by raising anomalies and trends in the data.
McKinsey People Analytics leverages data-driven insights to empower organizations with better decision-making capabilities focused on human resources.
McKinsey People Analytics offers a comprehensive suite of tools designed to improve workforce management through advanced data analysis. It facilitates understanding workforce dynamics, predicting future HR trends, and optimizing resource allocation. Its analytics capabilities help organizations identify skill gaps and devise strategies for employee development, making it an essential tool for strategic HR planning. With integrated data sources, it provides valuable insights at a granular level.
What are the key features of McKinsey People Analytics?In the technology and finance industries, McKinsey People Analytics is often implemented to streamline talent management and recruitment strategies. It provides these sectors with robust data analytics to optimize workforce planning and increase productivity, aligning employee objectives with business goals efficiently.
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