What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in hr analytics software category. Our data sources in hr analytics software category include;
HR analytics software allows human resources professionals track and analyze important HR KPIs.
Benefits include identification of inefficiencies, predict future HR needs taking into account the skillset and traits required for future roles.
To be categorized as an HR analytics software, a product must be able to:
AIMultiple is data driven. Evaluate 112 services based on
comprehensive, transparent and objective AIMultiple scores.
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calculated based on objective data.
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We use the data sources on the side for ranking solutions and awarding badges in hr analytics software category. Our data sources in hr analytics software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Rippling
BambooHR
Paylocity
ActivTrak
Hireology
Taking into account the latest metrics outlined below, these are the current hr analytics software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Rippling
BambooHR
Paylocity
ActivTrak
Hireology
These are the number of queries on search engines which include the brand name of the solution. Compared to other Analytics categories, HR Analytics Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 86%, 10% more than the average of search queries in this area.
40 employees work for a typical company in this solution category which is 19 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 64 companies with >10 employees are offering hr analytics software. Top 3 products are developed by companies with a total of 400k employees. The largest company building hr analytics software is IBM with more than 300,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Rippling
BambooHR
Paylocity
ActivTrak
Hireology
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all HR Analytics Software companies. The most positive word describing HR Analytics Software is “Easy to use” that is used in 12% of the reviews. The most negative one is “Difficult” with which is used in 3.00% of all the HR Analytics Software reviews.
According to customer reviews, most common company size for hr analytics software customers is 51-1,000 employees. Customers with 51-1,000 employees make up 54% of hr analytics software customers. For an average Analytics solution, customers with 51-1,000 employees make up 31% of total customers.
These scores are the average scores collected from customer reviews for all HR Analytics Software. HR Analytics Software is most positively evaluated in terms of "Overall" but falls behind in "Likelihood to Recommend".
This category was searched on average for 530 times per month on search engines in 2022. This number has increased to 546 in 2023. If we compare with other analytics solutions, a typical solution was searched 313 times in 2022 and this decreased to 274 in 2023.