From the Wires
Kronos Showcases Labor Analytics Leadership at KronosWorks; Helps Organizations Unlock Value in Big Data
Nov. 12, 2012 12:00 PM
Incorporated today announced that labor analytics is taking center
stage at KronosWorks, the world’s largest workforce information
exchange. During a series of sessions at the event, Kronos will unveil
enhancements to its fast-selling
labor analytics solution, designed to help organizations find value
in Big Data.
The Kronos Workforce Analytics™ solution enables organizations to
easily access and leverage their workforce data to identify, predict,
and manage opportunities for cost savings and productivity gains.
Key updates to Workforce Analytics include:
Tablet application – With Workforce Analytics for Tablet,
field managers now have the ability to make fact-based decisions
from anywhere at any time. With the new app, actionable
information is easier to access and understand with a dashboard
visual display and drill-down reports for deeper insight.
Compatible with the newly introduced Workforce
Tablet and designed specifically to take full advantage of the
iPad user experience and multi-touch capabilities, the app allows
users to tap to see details, swipe to see more metrics, and easily
navigate through data using a simple tap, pinch, or swipe of a
Enhanced out-of-the-box interactive dashboards and reports
– Powerful new dashboards and reports provide on-demand visibility
into business performance with easy drill-down for greater
insight. Specific cross-vertical and retail-specific dashboards
and reports join those that already exist for healthcare and
New tools to track and measure absenteeism – Ability to
measure time employees are absent and analyze the costs associated
with planned and unplanned absences.
Enhanced security features – Ability to further restrict
who has access to what data when.
Insight into weekly outcomes – Provides projected labor
spending and recommended adjustments so managers can improve
workforce productivity and control labor costs.
During the “Moneyball Made Analytics Popular. Kronos Makes Analytics
Possible” session at KronosWorks, attendees will hear about shifting
from pure data collection into a new realm of transforming data into
actionable business intelligence. Practical advice will be given about
how to implement such a strategy in one’s own organization.
Attendees of the “Using Analytics to Keep Labor Expenses Predictable
and Within Budget” session will learn how labor analytics can help
identify inefficiencies within their workforce and enhance
decision-making. Advice will also be given on how to use analytics to
gain unparalleled on-demand visibility into business operations.
Bradley W. Treichel, director, financial services, ProHealth Care
the Kronos labor analytics solution we are able to use the data we
already have to make better decisions concerning staffing, scheduling,
absence management, and a host of other important workforce issues in
real time. We no longer rely on outdated manual reports or anecdotal
evidence to make decisions – we have the facts at our fingertips.”
Lisa Rowan, research vice president, HR, Talent, and Learning
“Most organizations are interested in making
the data they already collect work for them. By analyzing workforce
data, organizations can make better decisions based on facts and
improve their bottom line. Kronos is providing analytics solutions
that help organizations transform their workforce data into actionable
Bill Bartow, vice president, global product management, Kronos
the enhancements to our labor analytics offering, we’ve made it easier
than ever for organizations to find value in their workforce data and
turn information into competitive advantage. Workforce Analytics
provides organizations with shared visibility into high-quality
information, easy drill-downs for greater insight, and guidance on the
best action to take to avoid or remedy problems.”
This announcement was made from KronosWorks, the world’s largest
workforce information exchange. KronosWorks is taking place this week
in Las Vegas.
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About Kronos Incorporated
Kronos is the global leader in delivering workforce management solutions
in the cloud. Tens of thousands of organizations in more than 100
countries — including more than half of the Fortune 1000® —
use Kronos to control labor costs, minimize compliance risk, and improve
workforce productivity. Learn more about Kronos industry-specific time
and attendance, scheduling, absence management, HR and payroll, hiring,
and labor analytics applications at www.kronos.com.
Kronos: Workforce Innovation That Works™.
© 2012 Kronos Incorporated. All rights reserved. Kronos is
a registered trademark and Workforce Analytics is a trademark of Kronos
Incorporated or a related company. All other trademarks are property of
their respective owners.