ADP® DataCloud Named "Data Analytics Innovation of the Year" in 2021 Data Breakthrough Awards

Rhea-AI Summary

ADP has been awarded the 2021 Data Breakthrough Awards for its innovative workforce analytics solution, ADP DataCloud, recognized as the Data Analytics Innovation of the Year. This accolade highlights ADP DataCloud's capability to address key business challenges like employee retention and pay equity. The solution utilizes AI to analyze data from over 740,000 organizations, providing actionable insights to enhance decision-making. The award was announced during a competitive year with over 1,450 nominations globally.

Positive

• ADP DataCloud awarded 'Data Analytics Innovation of the Year' at the 2021 Data Breakthrough Awards.
• Solution addresses critical issues like employee retention and pay equity.
• Utilizes AI to analyze data from over 740,000 organizations, enhancing decision-making.

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• None.

ROSELAND, N.J., March 24, 2021 /PRNewswire/ -- Recognized as a leading company in the data technology industry, ADP was selected as a winner in the 2021 Data Breakthrough Awards for its innovative workforce analytics solution, ADP® DataCloud. Named the Data Analytics Innovation of the Year, the solution earned acclaim by the independent market intelligence organization for its ability to harness data to solve some of the biggest challenges businesses face today.   

See how ADP DataCloud works 

ADP DataCloud addresses some of the biggest challenges that businesses face today.

The mission of the Data Breakthrough Awards is to recognize the data technology innovators, leaders, and visionaries from around the world in a range of categories, including Data Analytics, Big Data, Business Intelligence, Data Storage and more. The competitive program attracted more than 1,450 nominations from around the globe this year.

"Businesses have traditionally struggled to identify trends within their people data, and ADP DataCloud represents a significant 'breakthrough' in this area that can result in significant savings and improved retention for organizations," said James Johnson, managing director, Data Breakthrough. "ADP DataCloud addresses some of the biggest challenges that businesses face today, including shifting economic policy, employee retention and the pay equity gap. We are thrilled to award ADP DataCloud with our 'Data Analytics Innovation of the Year' award and we extend a hearty congratulations to the entire ADP team."

"This past year has demanded that businesses become more agile, as they adapted to the implications of the global pandemic and its impact on the economy and their people," said Jack Berkowitz, senior vice president of product development at ADP. "Businesses have the data they need to make informed decisions, but too often those insights are hidden beneath manual processes. ADP DataCloud uncovers those insights and embeds them directly within the flow of work to give businesses the transparency they need to thrive. From new features to target pay equity gaps and drive inclusion to predictive analytics-driven storyboards that analyze turnover rates, we're constantly raising our aim to give businesses the edge they need."

Using AI, ADP DataCloud analyzes aggregated, anonymized and timely HR and compensation data from more than 740,000 organizations across the country, allowing companies to benchmark and compare compensation data, turnover rate and overtime.  By leveraging the breadth and depth of "live" data in the broader market, the solution delivers actionable insights to the people who can act on them. To help navigate the new world of work, the solution offers capabilities including real-time insights pushed directly to leaders through the ADP Mobile Solutions app; story-driven recommendations on workforce patterns and trends; and Data Mashups that allow companies to pull financial and sales data directly into their HCM systems to reveal relationships.

Find more information on the 2021 Data Breakthrough Awards here. To learn more about ADP DataCloud's capabilities, visit here.

About ADP (NASDAQ: ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential.  HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people.  Learn more at ADP.com

ADP, the ADP logo, and Always Designing for People, are trademarks of ADP, Inc.  All other marks are the property of their respective owners.

Copyright © 2021 ADP, Inc.  All rights reserved.

 

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SOURCE ADP, Inc.

FAQ

What is the significance of ADP DataCloud receiving the Data Analytics Innovation of the Year award?

The award recognizes ADP DataCloud's effectiveness in addressing critical business challenges, such as employee retention and pay equity, using innovative workforce analytics.

How does ADP DataCloud utilize AI in its analytics?

ADP DataCloud analyzes data from more than 740,000 organizations to provide actionable insights on compensation, turnover rates, and employee metrics.

When were the 2021 Data Breakthrough Awards announced?

The 2021 Data Breakthrough Awards were announced on March 24, 2021.

What challenges does ADP DataCloud help businesses address?

ADP DataCloud addresses challenges including shifting economic policy, employee retention, and the pay equity gap.

How can businesses benefit from using ADP DataCloud?

Businesses can gain insights to make informed decisions, improve retention, and enhance workforce management through ADP DataCloud's analytics capabilities.