Yahoo’s latest quarterly earnings, reported earlier this month, were disappointing.
The company saw a slight boost in revenues, but overall Yahoo’s performance was below analysts’ forecasts.
A freshly inked deal with Google to provide web search results and search ads for Yahoo user queries on mobile and desktop should help, as should the implementation of Visier’s workforce analytics, which are projected to save the company more than $2.5 million over three years, according to a case study conducted by Forrester Consulting.
“Like most large companies Yahoo’s workforce data is generated by a number of siloed HR management systems that are good at processing transactions, but have limited reporting and even poorer analytic capabilities,” says John Schwarz, CEO of Visier. “We created Visier to solve this problem, removing the complexity and barriers to workforce intelligence.”
While the vast majority of Fortune 2000 companies are “stuck in neutral” with workforce analytics, or are spending millions of dollars to develop capabilities, Yahoo adopted Visier, a cloud solution that will help the company more effectively hire, develop, and engage key talent.
“We are not selling analytics: we are selling a better understanding of the entire workforce lifecycle, from recruitment to development to engagement to total costs and more, and mapping that understanding directly to business outcomes,” Schwarz added.