Acquisition brings advanced data analytics capabilities to unlock hidden workforce insights
ARLINGTON, Va., August 22, 2022 /PRNewswire/ — HireRoad, a leading provider of cloud-native, end-to-end talent management and analytics software, today announced the acquisition of PeopleInsight, a provider of performance analytics software. both powerful and intuitive. PeopleInsight’s technology seamlessly ingests, normalizes and correlates data from any HR system, allowing customers to easily analyze data from all their HR systems in one place. By unifying data across many systems, users are able to uncover previously hidden information that their businesses can use to make timely and informed decisions.
PeopleInsight’s out-of-the-box solution quickly and effortlessly connects all relevant HR, talent and people data sources, including Workday, Oracle, HireRoad, Taleo, ADP, SAP Successfactors, Greenhouse, Jobvite and even on-premises solutions to provide a configurable HR data cloud, customized to specific client needs and business priorities.
The acquisition of PeopleInsight further enhances the value of HireRoad’s modern, highly automated talent management platform by both adding advanced data analytics capabilities to the core platform and enabling customers to extract data from other third-party systems to access new information. The acquisition follows other exciting news at HireRoad, including a global rebrand that took place earlier this year and the launch of the company’s talent management platform in Australia and New Zealand last month.
“Analytics continues to be a challenge for HR professionals, especially in midsize organizations,” said Otto Berkes, CEO of HireRoad. “They often don’t have the resources for a data warehouse and dedicated staff to perform analytics, but they have the same desire for actionable data and many of the same complex business needs as large organizations.”
PeopleInsight Founders, CEO John Pensonchief operating officer Steve Johnson, and Vice President Lynne Russell have always been passionate about the power of data and the value it can create when harnessed correctly. “By unifying data from disparate HR technologies, we enable decision makers to spend time analyzing information and planning for the future rather than translating data and creating spreadsheets,” Pensom said. “We are excited to expand access to our platform globally. In HireRoad, we have found a great partner for the next chapter in our company’s journey.”
“We’ve been impressed with PeopleInsight’s approach to supporting their customers and providing exceptional service, and we’re thrilled to partner with their talented team as we accelerate our global collaboration,” said Berkes, who has a proven track record. in creating transformational products, including Xbox and HBO Go.
The PeopleInsight acquisition marks HireRoad’s third acquisition since Strattam Capital’s majority investment in 2018 to add new functionality to the company’s platform and accelerate growth.
HireRoad is a leading provider of cloud-based talent management software that is changing the definition of “getting hired” to include the entire journey from job offer to career success. The company’s innovative software, developed by seasoned industry experts, gives you the ability to attract, hire, onboard and train the right people to thrive in your organization. To learn more about HireRoad, visit HireRoad.com.
PeopleInsight is a multi-source people analytics platform designed to unify an enterprise’s disparate sources of HR, talent, people, and productivity data. Founded in 2012, PeopleInsight accelerates data-driven HR at a fraction of the cost, time, and risk of an in-house build. Visit https://www.peopleinsight.com/ to learn more.
Strattam Capital invests in independent, founder-led B2B software and technology companies across North America. We believe in aligning with founders and CEOs before signing, through their five-point plan process to enable execution with purpose, enthusiasm and efficiency. Based at Austin, TX, we connect businesses with the people, processes, and scale needed to reach their potential. For more information, visit Strattam.com.
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