ROSELAND, N.J., June 25, 2018 /PRNewswire/ -- The
world of work is rapidly changing, and data is increasingly fueling
the human capital management function's ability to innovate to meet
the needs of an evolving workforce. The second annual
Datathon at ADP® gathered more than 40 partners and
innovators from across the ADP business for two weeks of
collaboration and ideation around leveraging the company's
world-leading dataset.
ADP uses real, empirical, anonymized data from more than 30
million employees to anticipate how human work behaviors will
evolve, and the impact that macro trends will have on the way
people want and need to work. This year's Datathon focused on
unearthing new ways to use the company's data and encouraging
technologists across the company to incorporate data into all
practices.
"Our first Datathon was about testing the speed and process by
which we can leverage our world-leading HCM database, which
compiles proprietary data from over 90,000 clients," said Marc
Rind, chief data scientist at ADP. "This time around, we
brought in partners from across ADP to explore their needs and
ideate on comprehensive solutions. We gathered the industry's
greatest innovators for two weeks of end-to-end development, and
will ultimately be able to deliver unmatched value to our clients
as a result."
Three teams conceived solutions that used machine learning and
artificial intelligence to bring ADP data to life for how the
future of work will evolve in three key areas, and outputs included
the following.
- Talent optimization: A tool that maps the
correlation between educational experience and career outcome,
which would serve both recruiters and the future workforce.
- User Experience: A 401(k) benchmarking service
that helps employees manage their accounts through guidance around
peer group contributions and retirement goals.
- Business Impact: A digital career coach that will
provide workers with steps for reaching specific, long and
short-term career goals.
The Datathon included partners on the cutting edge of innovative
solutions to extract actionable insights from big data sets, who
were engaged in every step of the development of these solutions
and will champion them as they go to market. Speakers also
provided inspiration and advice for the teams throughout the
two-week process.
"The data culture at ADP is uniquely suited to solve big
problems," said Sri Ambati, CEO and
founder at H2O.ai. "We are excited to partner with ADP in
their hands-on Datathon, applying AI to bring stories to life from
their data, which is some of the richest in the data economy.
We are thrilled to work together to democratize AI and
develop predictive data products for all."
"ADP has an unmatched dataset on the U.S. workforce and is
exploring every avenue for extracting the most value for its
clients and the human capital management industry," said
Amy O'Connor, chief data and
information officer at Cloudera. "Cloudera is committed to
teaming up with ADP to use data science, machine
learning, and AI in ways not possible before to invent the
data-driven future of work."
About ADP (NASDAQ: ADP)
Powerful technology plus a human touch. Companies of all
types and sizes around the world rely on ADP cloud software and
expert insights to help unlock the potential of their people.
HR. Talent. Benefits. Payroll.
Compliance. Working together to build a better
workforce. For more information, visit ADP.com.
ADP, the ADP logo, and ADP A more human resource are
registered trademarks of ADP, LLC. All other marks are the
property of their respective owners.
Copyright © 2018 ADP, LLC. All rights reserved.
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SOURCE ADP, LLC