PEOPLElytics™ Beta Creates Meaningful Data for Service Industry Businesses
Tapping the full potential of a business will soon be as easy as tapping your touchscreen. Announced today in Chicago at the National Restaurant Association Show, PeopleMatter’s new PEOPLElytics™ product is the first and only business analytics software product on the market to connect business and people analytics to drive better decisions. Available later this summer in Beta version to select customers, PEOPLElytics uses actionable analytics and interactive data visualization to make Big Data both accessible and meaningful to employers in the restaurant, convenience store, hospitality and retail industries.
Through its prescriptive analytics model — an advanced data-analysis model currently leveraged by less than 3 percent of organizations (Gartner) — PeopleMatter is able to predict future outcomes and offer suggestions on the best actions to take right now, based on the probability and impacts of each. PeopleMatter offers a significant and unique advantage, given that its software platform is specifically designed for service-industry businesses and uses a single code base.
“Every reputable software vendor is releasing an analytics product this year,” said John Sumser, industry analyst and founder of HRExaminer Online Magazine. “For the most part, they are lookalike versions of glorified reporting tools. PeopleMatter’s PEOPLElytics stands out from that crowd. Unlike the others, this tool identifies and helps solve actual business problems.”
Designed to make data accessible for executives who are constantly on the go and managing multiple locations, PEOPLElytics will be available 24/7, exclusively on tablet devices. This decision backs PeopleMatter’s commitment to a “Mobile First” product strategy. PEOPLElytics will allow executives to drill down into their data to answer specific questions about their operations, see specific metrics impacting overall success, and make proactive, informed business decisions.
With operational and HR analytics connected to key performance indicator data, employers can see the direct relationship between business actions and outcomes, and help managers understand those relationships, too. Customizable dashboards, cross-location visibility and powerful filtering options provide in-depth views of current and past performances.
“By connecting business and workforce analytics, we’re able to tell executives the full story behind their data and answer ‘What does it all mean to me?’” said Nate DaPore, PeopleMatter President and CEO. “Through simple graphs, charts and widgets, PEOPLElytics turns data into something employers can actually understand and use. They’re able to identify problem areas faster, drill into the real root cause, and make better decisions, faster.”
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Matt Lafata, HRchitect