SAP® Fieldglass® Live Insights Uses Machine Learning to Simulate External Talent Scenarios in Moments
SAP Fieldglass has a new service that makes it possible for executives in today’s digital economy to benchmark, plan, predict and simulate external talent scenarios in moments with machine learning-powered, data-driven insights.
SAP SE (NYSE: SAP) today announced SAP® Fieldglass® Live Insights, a new machine learning-powered, data-driven insights service that makes it possible for executives to benchmark, plan, predict and simulate external talent scenarios.
The new SAP Fieldglass service is the result of partnering with SAP Data Network to create this capability that is powered by SAP HANA®. With SAP Fieldglass Live Insights, organizations can benchmark market rates, hiring cycle times and supplier performance as part of a seamless process that culminates with decisions about external talent and their engagement, using SAP Fieldglass data and trusted supplemental third-party data that has been aggregated, anonymized and normalized. Organizations also can upload their own employee data into SAP Fieldglass Live Insights to gain visibility of their talent across channels in real time.
SAP Fieldglass “retain[ed]” its position as a Leader in “The Forrester Wave™: Services Procurement, Q1 2017,”recently published by the independent research firm Forrester Research, Inc. Per the report, SAP Fieldglass “…continues to be one of the most capable services procurement vendors, with the largest client base, the most spend under management, and the widest geographic presence.”
Rob Brimm, president, SAP Fieldglass, said: “With access to the most robust data via SAP Fieldglass Live Insights, our customers can analyze and make decisions at speed about their external talent —arguably one of their most valuable assets — as they race to become more competitive in every aspect of their business. SAP Fieldglass Live Insights is the latest example of our commitment to help organizations transform how work gets done in a digital world where companies must move quickly to activate their workforce strategies and secure the talent that best suits their needs.”
By identifying where to source the right skills at the most competitive rates and being able to immediately requisition that talent with this new capability, organizations can accelerate the speed at which their business operates. For example, they can:
- Conduct cost-benefit analysis in real time to inform external talent decisions based on location, time to fill and other market metrics
- Determine competitive rates for talent that is needed to launch a new product or service, and requisition that talent in an uninterrupted workflow
- Identify the optimal time to release requisitions for striking a balance between lead time and cost
Watch a video and learn more about SAP Fieldglass Live Insights:
“With SAP Fieldglass Live Insights, we were able to put the extracted value of ready-to-analyze transactional data into the hands of our customers for the first time in a way that is immediately actionable for their external workforce strategies, helping to keep our customers one step ahead of the fight for talent,” said Helen Arnold, president, SAP Data Network.
SAP Fieldglass, a long-standing leader in external talent management and services procurement, has been deployed in more than 140 countries, modernizing and simplifying how work gets done, increasing their operational agility and accelerating business outcomes. Backed by the R&D and resources of SAP, SAP Fieldglass customers can plan, acquire and manage all types of external talent on the company’s secure, cloud-based platform.
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 345,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
SAP Fieldglass, a longstanding leader in external talent management and services procurement, is used by organizations around the world to find, engage and manage all types of flexible resources. Our cloud-based, open platform has been deployed in more than 180 countries and helps companies transform how work gets done, increase operational agility and accelerate business outcomes in the digital economy. Backed by the resources of SAP, our customers benefit from a roadmap driven by a continuous investment in innovation.