Top CHRO Priority For 2017 – Getting HR Analytics Right

Since the beginning of 2017, I have addressed till date in excess of 100 CHRO enquiries from across the globe – ranging from the west coast of the US to the east coast of Australia and everything in between. One recurrent theme which stands out from all of these enquiries is the growing need for HR Analytics & richer, timely, actionable reports.

SAP: The Road Beyond ERP

German multinational corporation SAP SE may be best known as an enterprise resource planning (ERP) software firm but senior executives insist that it has successfully moved beyond ERP to providing cloud computing and digital solutions as well.

Workday Moves Test & Dev To IBM Cloud – Expect Increased Focus On Innovation

On 15 August, 2016 IBM and Workday announced a multi-year partnership wherein Workday will use IBM’s Cloud for its internal Testing and Development environment.

The announcement adds to the existing IBM and Workday partnership which includes IBM’s global Workday Consulting Services, IBM’s acquisition of Workday services provider Meteorix (in 2015) and IBM’s own use of Workday’s Human Capital Management (HCM) for its global workforce.

Companies trying to use bots in HR-related functions: Study

Chief Human Resources Officers (CHROs) are starting to pilot the use of bots in HR-related functions.

Thoughts About Bots In Human Capital Management and Beyond!

In a recent research note we highlighted a key trend about Chief Human Resources Officers (CHROs) piloting and implementing Workforce Empowerment Systems (WES) to win the war for talent. This trend was noted in our recent Greyhound Research study titled Global CHRO Priorities 2016, where we spoke to 750+ CHROs from across the globe.

RPG goes digital to integrate all group functions

RPG Enterprises, the tyre-to-IT conglomerate, plans to ring in a comprehensive digital change across its businesses that would integrate all the group’s functions across products, clients and even monitoring and rating of employees of the Mumbai-based group.

Microsoft to acquire LinkedIn

Microsoft on Monday announced a $26.2 billion deal to acquire professional networking platform LinkedIn for $196 per share. The market gave a mixed reaction to the announcement. While shares of LinkedIn surged 47 percent to near $193, Microsoft’s stock was down 3.2 percent.

Will LinkedIn be another failed acquisition for Microsoft?

In its 41 years history, Microsoft has acquired several companies but the biggest success was none other than Hotmail, which was bought from Sabeer Bhatia for $500 million in 1997. However, a repeat of Hotmail is something that Microsoft hasn’t been able to achieve in the last 19 years despite making several deals worth over a billion dollar each.

What Does Microsoft Stand to Gain From its $26.2 Billion Acquisition of LinkedIn?

Microsoft announced today that it bought LinkedIn in a $26.2 billion deal, the tech giant’s largest acquisition in its 41-year history by a wide margin. So what value does Microsoft see in the professional social networking site?

Why Microsoft Acquired LinkedIn? It’s All About User Insights!

On June 13, 2016 Microsoft announced the agreement to acquire LinkedIn for USD 26.2 billion. Important to note that this is the first big deal under Satya Nadella’s leadership and LinkedIn will continue to operate as an independent company. Albeit this (in theory) will allow more room for innovation, let’s put this announcement in perspective:

Users will get to organise their information better

The acquisition of LinkedIn by Microsoft will help the duo assist client companies, and even individuals in the personal lives, to organise information and orchestrate their functions better.

Microsoft To Acquire LinkedIn For $26.2 Bn

Microsoft Corp has agreed to acquire LinkedIn Corp for $26.2 billion in a deal that will combine the world’s biggest software maker with the largest global online network of professionals.

Microsoft Looking For New Source Of Revenue

By acquiring LinkedIn, Microsoft is looking at further strengthening its business from corporates in India and social networking play, an area in which it lags behind Facebook. Analysts feel that Microsoft’s Productivity and Business Processes as one of the three segments that could get a shot in the arm with the LinkedIn buy.

LinkedIn sets sights on Indian start-ups

US-based social networking company LinkedIn is looking at buying Indian start-ups, has tweaked its India portal and with its new 800 seater office in Bengaluru, as it seeks to build on its India presence. India is currently the second biggest market for LinkedIn globally, with a user-base of 35 million. “This country is of great strategic importance and we are open for acquisitions that are strategic fits,” said Allen Blue, Co-founder, LinkedIn, a company which he co-founded with Reid Hoffman in 2002.

Enterprises adopt new HR-related solutions

Need for HR analytics and in-depth timely reports is starting to drive enterprises to modernise existing or adopt new HR-related solutions.

From Recruit to Retire – Oracle Approach To Human Capital Management (HCM)

On 7 April 2016, as part of the Greyhound Research Analyst team, we had the opportunity to attend the Oracle CloudWorld 2016 in Mumbai, India. At the event we met some of Oracle’s global executives who highlighted the growing demand for MobileFirst, CloudFirst business applications.

How terror is affecting Indian techies overseas

When Nirmal Jain, an IBM employee, was about to be sent to Jordan on his first onsite posting, his family had serious concerns about security.

However, for Jain, now 24, it was a blessing in disguise. IBM paid him a daily hardship allowance of about 40 Jordanian Dinar (roughly ₹4,000) as the country, which borders Syria and Iraq, is considered a high-risk location.

The Insight-Led Approach To Talent Processes – Points To Ponder for CHROs

The correlation between employee engagement and organisational success is a no-brainer. Over decades while Chief Human Resources Officers (CHROs) have automated processes that translate to improved employee performance, they continue to search better ways to motivate employees. The need to align their team to organisational goals and be counted as a strategic advisor to the management continue to be some of the long standing struggles of CHROs.

HCL launches skill development arm

HCL TalentCare to work with govt’s National Skill Development Corp.

The Shiv Nadar-led HCL Group entered the skill and talent development market with the launch of HCL TalentCare on Thursday. The new company will work with the government’s National Skill Development Corp. The group did not disclose the size of its investment in the venture.

Capgemini To Become No. 3 MNC IT Employer In India

The Capgemini-IGATE merger will make the French company a leading employer of Indian engineers, thereby enabling it to better compete with domestic vendors for price-sensitive IT engagements, industry insiders feel.

Startups Like India’s Money But Want More Government Action

Technology startups in India are getting a financial boost from the government, but entrepreneurs say that more could be done to support growth in the industry.

Budget 2015: The Tech Industry Reacts

Finance Minister Arun Jaitley on Saturday announced the Union Budget for 2015, and the new budget comes with a number of benefits for technology companies. The public might not be so happy to see the rate for service tax inch upwards to reach 14 percent -your phone bills and other bills could rise slightly, unless the service providers decide to try and absorb the costs.

The days of ‘big bang’ hiring by IT firms may be over

Cisco adds 129 crorepatis in a year to retain talent

The number of crorepatis at Cisco India shot up to 132 in 2014 from just three in the previous year, a development that comes at a time when the USbased network equipment maker is gearing up to cash in on Prime Minister Narendra Modi’s ‘Digital India’ initiative. With a fresh investment of $1.7 billion, the company is offering huge salary hikes to retain employees, even as it looks to hire the best engineering and sales talent from local as well as international markets.

India to become Capgemini’s default offshoring location soon

Cap Gemini SA, the Paris-based consulting and software services firm, is trying to save costs by farming out more work to its centres in India and hiring freshers from colleges.Capgemini, which has software development centres in more than 10locations outside France, including smaller ones in Poland, Morocco and Vietnam, wants to make India the default offshore location, said Aruna Jayanthi, chief executive of Capgemini India Pvt. Ltd, in an interview last week.

#GreyhoundInMedia: Learning from the Masters #Press #Media #BusinessStandard

The blossoming IT services sector in India has learnt many lessons on staffing from manufacturing. Heavy competition and the economic downturn notwithstanding, TCS has managed a 6.3 per cent reduction in the average employee cost every year over 2007-2013, as per HfS Research. The data shows that the percentage of freshers hired increased from 51 per cent to 81 per cent during this period – which the research firm points out, is the likely reason for maintaining such a low headcount cost.

Catch Greyhound Research as a Jury in the IBM HackFest

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Tech Mahindra Q1 profit falls 8% to Rs631 crore

Revenue rose 24.8% to Rs.5,122 core in the June quarter, as compared with Rs.4,103 crore in the year-ago period. Tech Mahindra Ltd, India’s fifth-largest software services company, said fiscal first-quarter profit fell 8%, missing analysts estimates, on higher visa and hiring costs.

#GreyhoundInMedia: HCL Tech Q4 Net Jumps 53.7%; Sees Strong Growth Ahead #Press #Media #NewIndianExpress

Buoyed by strong growth in application and infrastructure services, India’s fourth largest IT solutions firm HCL Technologies Thursday reported a 53.7 per cent surge in its consolidated net profit to Rs 1,834 crore for the fourth quarter ended June 30, 2014.

#GreyhoundInMedia: HCL Tech Q4 Net Jumps 53.7%; Sees Strong Growth Ahead #Press #Media #PTI

Buoyed by strong growth in application and infrastructure services, India’s fourth largest IT solutions firm HCL Technologies Thursday reported a 53.7 per cent surge in its consolidated net profit to Rs 1,834 crore for the fourth quarter ended June 30, 2014.

#GreyhoundInMedia: TCS Continues To Outpace Infosys, Revenue Gap Widens To Rs 33,313 Cr #Press #Media #CommunicationsToday

India’s largest IT services exporter, Tata Consultancy Services (TCS), has been outperforming its peers consistently and the gap with its rivals is continuing to widen. For instance, in FY10, the revenue difference between TCS and Infosys was Rs 7,559 crore, but by the end of FY14 it stood at Rs 33,313 crore. Similarly, the difference in net profit between the two firms in FY10 was Rs 782 crore but at the end of FY14, it has reached to Rs 8,516 crore.

#GreyhoundInMedia: TCS Continues To Outpace Infosys, Revenue Gap Widens To Rs 33,313 Cr #Press #Media #FinancialExpress

India’s largest IT services exporter, Tata Consultancy Services (TCS), has been outperforming its peers consistently and the gap with its rivals is continuing to widen. For instance, in FY10, the revenue difference between TCS and Infosys was Rs 7,559 crore, but by the end of FY14 it stood at Rs 33,313 crore. Similarly, the difference in net profit between the two firms in FY10 was Rs 782 crore but at the end of FY14, it has reached to Rs 8,516 crore.

#GreyhoundInMedia: IT takes an optimistic curve #Press #Media #CommunicationsToday

Despite wage hikes and currency fluctuations, top tier Indian IT firms managed to keep their profits in fine kettle on a year-on-year basis thanks to better utlilisation rates and a slow uptick in the demand environment. The near term looks promising with pricing remaining stable and operating margins being largely under control.

#GreyhoundInMedia: IT takes an optimistic curve #Press #Media #TheFinancialExpress

Despite wage hikes and currency fluctuations, top tier Indian IT firms managed to keep their profits in fine kettle on a year-on-year basis thanks to better utlilisation rates and a slow uptick in the demand environment. The near term looks promising with pricing remaining stable and operating margins being largely under control.

#GreyhoundInMedia: Hop, skip and jump: Making sense of the attrition puzzle in IT sector #Press #Media #Firstbiz

The irony is hard to escape. It is a sector where the perks for the staff are top notch, but it is also one where attrition is extreme. The sector in question is information technology and IT enabled services (ITeS). A recent survey by executive search firm MANCER Consulting reveals that ITeS will face the highest overall attrition of 21 percent this year with the junior level seeing exits at almost 30 percent.

#GreyhoundInMedia: Infosys at ‘Cusp of Change’, Revival to be Gradual: Analysts #Press #Media #NDTVProfit

Standing at the “cusp of change”, IT services giant Infosys will now widen its focus on software assets and intellectual property under its new chief executive Vishal Sikka, analysts say. Mr Sikka, who takes over from the current CEO and managing director S D Shibulal on August 1, brings in his extensive experience in products at enterprise software giant SAP.