{"id":1260,"date":"2018-08-30T11:22:01","date_gmt":"2018-08-30T15:22:01","guid":{"rendered":"https:\/\/solutionsreview.com\/talent-management\/?p=1260"},"modified":"2019-07-05T11:23:51","modified_gmt":"2019-07-05T15:23:51","slug":"human-capital-management-institute-adds-ai-capabilities-to-solve-workforce-analytics-planning-software","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/talent-management\/2018\/08\/30\/human-capital-management-institute-adds-ai-capabilities-to-solve-workforce-analytics-planning-software\/","title":{"rendered":"Human Capital Management Institute Adds AI Capabilities to SOLVE Workforce Analytics and Planning Software"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1261\" src=\"https:\/\/solutionsreview.com\/talent-management\/files\/2018\/08\/Human-Capital-Management-Institute-Adds-AI-Capabilities-to-SOLVE-Workforce-Analytics-and-Planning-Software.jpg\" alt=\"Human Capital Management Institute Adds AI Capabilities to SOLVE Workforce Analytics and Planning Software\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/talent-management\/files\/2018\/08\/Human-Capital-Management-Institute-Adds-AI-Capabilities-to-SOLVE-Workforce-Analytics-and-Planning-Software.jpg 800w, https:\/\/solutionsreview.com\/talent-management\/files\/2018\/08\/Human-Capital-Management-Institute-Adds-AI-Capabilities-to-SOLVE-Workforce-Analytics-and-Planning-Software-300x150.jpg 300w, https:\/\/solutionsreview.com\/talent-management\/files\/2018\/08\/Human-Capital-Management-Institute-Adds-AI-Capabilities-to-SOLVE-Workforce-Analytics-and-Planning-Software-768x384.jpg 768w, https:\/\/solutionsreview.com\/talent-management\/files\/2018\/08\/Human-Capital-Management-Institute-Adds-AI-Capabilities-to-SOLVE-Workforce-Analytics-and-Planning-Software-540x270-1.jpg 540w, https:\/\/solutionsreview.com\/talent-management\/files\/2018\/08\/Human-Capital-Management-Institute-Adds-AI-Capabilities-to-SOLVE-Workforce-Analytics-and-Planning-Software-162x81-1.jpg 162w, https:\/\/solutionsreview.com\/talent-management\/files\/2018\/08\/Human-Capital-Management-Institute-Adds-AI-Capabilities-to-SOLVE-Workforce-Analytics-and-Planning-Software-360x180.jpg 360w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/www.hcmi.co\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Human Capital Management Institute (HCMI)<\/a>, helps clients improve business results through smarter workforce spending and better talent management by providing business analytics for Human Resources Management. Today, they announced the addition of\u00a0major artificial intelligence (AI) capabilities to SOLVE &#8211; its workforce analytics and planning software that uniquely links people investments to key business outcomes.<\/p>\n<div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"speedbump-1\" href=\"https:\/\/solutionsreview.com\/talent-management\/free-talent-management-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"Talent Management Buyer's Guide\" src=\"https:\/\/solutionsreview.com\/talent-management\/files\/2019\/02\/tm-bg-speedbump.jpg\" alt=\"Download Link to Talent Management Buyer's Guide\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n<p style=\"text-align: justify\">According to the company, more\u00a0than 1,000 predictive machine learning algorithms and natural language processing now enable the software to much more rapidly find and report actionable insights to employers. <a class=\"link-viewer_link__2qJYG blog-link-hashtag-color _1ZLfe\" href=\"https:\/\/www.hcmi.co\/solve\" target=\"_top\" rel=\"noopener noreferrer\">SOLVE<\/a> integrates and analyzes sets of HR, financial and operational data, and applies 620 standardized human capital metrics to identify key drivers of productivity, costs, turnover, retention, engagement, leadership, and performance for an organization.<\/p>\n<div class=\"rich-content-editor_text__jwLWP rich-content-editor_elementSpacing__2hXa7 _14s5m\" style=\"text-align: justify\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\">&#8220;While other workforce analytics solutions focus on HR outcomes alone, SOLVE links HR outcomes to business results to enable smarter workforce spending by telling you where to invest, where to cut, and whom to hire,&#8221; HCMI President Steven Maxwell said. &#8220;The new artificial intelligence super-charges the software, enabling it to give more actionable insights in less time, which generates more value for employers.&#8221;<\/div>\n<div><\/div>\n<div><\/div>\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\"><span style=\"font-size: 1em\">Other benefits for employers include:<\/span><\/div>\n<\/div>\n<div>\n<div class=\"rich-content-editor_text__jwLWP rich-content-editor_elementSpacing__2hXa7 _14s5m\" style=\"text-align: justify\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\"><\/div>\n<\/div>\n<ul class=\"public-DraftStyleDefault-ul\">\n<li class=\"rich-content-editor_unorderedList__W4uRE rich-content-editor_elementSpacing__2hXa7 _14s5m _1lxt9 A68_f public-DraftStyleDefault-unorderedListItem public-DraftStyleDefault-reset public-DraftStyleDefault-depth0 public-DraftStyleDefault-listLTR\" style=\"text-align: justify\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\">Lower the workforce cost structure as much as 10% or more<\/div>\n<\/li>\n<li class=\"rich-content-editor_unorderedList__W4uRE rich-content-editor_elementSpacing__2hXa7 _14s5m _1lxt9 A68_f public-DraftStyleDefault-unorderedListItem public-DraftStyleDefault-depth0 public-DraftStyleDefault-listLTR\" style=\"text-align: justify\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\">Measure and predict changes in workforce value and risk for board governance and reporting<\/div>\n<\/li>\n<li class=\"rich-content-editor_unorderedList__W4uRE rich-content-editor_elementSpacing__2hXa7 _14s5m _1lxt9 A68_f public-DraftStyleDefault-unorderedListItem public-DraftStyleDefault-depth0 public-DraftStyleDefault-listLTR\" style=\"text-align: justify\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\">Provide business-critical workforce performance measures vs. KPIs and benchmarks<\/div>\n<\/li>\n<li class=\"rich-content-editor_unorderedList__W4uRE rich-content-editor_elementSpacing__2hXa7 _14s5m _1lxt9 A68_f public-DraftStyleDefault-unorderedListItem public-DraftStyleDefault-depth0 public-DraftStyleDefault-listLTR\" style=\"text-align: justify\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\">Improve the financial linkage between strategic business planning and strategic workforce planning<\/div>\n<\/li>\n<li class=\"rich-content-editor_unorderedList__W4uRE rich-content-editor_elementSpacing__2hXa7 _14s5m _1lxt9 A68_f public-DraftStyleDefault-unorderedListItem public-DraftStyleDefault-depth0 public-DraftStyleDefault-listLTR\" style=\"text-align: justify\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\">Increase retention and reduce the cost of turnover<\/div>\n<\/li>\n<li class=\"rich-content-editor_unorderedList__W4uRE rich-content-editor_elementSpacing__2hXa7 _14s5m _1lxt9 A68_f public-DraftStyleDefault-unorderedListItem public-DraftStyleDefault-depth0 public-DraftStyleDefault-listLTR\" style=\"text-align: justify\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\">Improve quality of hire while reducing the cost of hire<\/div>\n<\/li>\n<li class=\"rich-content-editor_unorderedList__W4uRE rich-content-editor_elementSpacing__2hXa7 _14s5m _1lxt9 A68_f public-DraftStyleDefault-unorderedListItem public-DraftStyleDefault-depth0 public-DraftStyleDefault-listLTR\">\n<div class=\"public-DraftStyleDefault-block public-DraftStyleDefault-ltr\" style=\"text-align: justify\">Develop a stronger leadership bench<\/div>\n<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.hcmi.co\/content\/hcmi-adds-artificial-intelligence-to-super-charge-solve-workforce-analytics-and-planning-software\" target=\"_blank\" rel=\"noopener noreferrer\">Read the full announcement.<\/a><\/p>\n<hr \/>\n<p style=\"text-align: justify\"><span style=\"text-align: justify;font-size: 1em\">Looking for more? Download our\u00a0<\/span><a style=\"text-align: justify;font-size: 1em\" href=\"https:\/\/solutionsreview.com\/talent-management\/free-talent-management-buyers-guide\/#sf_form_salesforce_w2l_lead_1\" target=\"_blank\" rel=\"noopener noreferrer\">talent management buyers guide<\/a><span style=\"text-align: justify;font-size: 1em\">\u00a0and check out the top-24 products available in the market with full page vendor profiles, key capabilities and questions to ask yourself and the vendor before purchasing a talent management solution. For those just starting the talent management software search process, this is truly the best resource to help get you going.<\/span><\/p>\n<div>\n<p><em>And don&#8217;t forget to follow us on\u00a0<a href=\"https:\/\/twitter.com\/WorktechReview\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>,\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/erp-solutions-review\" target=\"_blank\" rel=\"noopener noreferrer\">LinkedIn\u00a0<\/a>and\u00a0<a href=\"https:\/\/www.facebook.com\/solutionsreview\/\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook\u00a0<\/a>for all the latest in Work Tech space!<\/em><\/p>\n<div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><a class=\"speedbump-3\" href=\"https:\/\/solutionsreview.com\/talent-management\/free-talent-management-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"Talent Management Buyer's Guide\" src=\"https:\/\/solutionsreview.com\/talent-management\/files\/2019\/02\/tm-bg-speedbump.jpg\" alt=\"Download Link to Talent Management Buyer's Guide\" width=\"800\" height=\"225\" \/><\/a><\/div>\n\t\t<\/div><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Human Capital Management Institute (HCMI), helps clients improve business results through smarter workforce spending and better talent management by providing business analytics for Human Resources Management. Today, they announced the addition of\u00a0major artificial intelligence (AI) capabilities to SOLVE &#8211; its workforce analytics and planning software that uniquely links people investments to key business outcomes. [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":1261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[163,348,96,141,346,347],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Human Capital Management Institute Adds AI Capabilities to SOLVE Workforce Analytics and Planning Software<\/title>\n<meta name=\"description\" content=\"Human Capital Management Institute Adds AI Capabilities to SOLVE - its workforce analytics and planning software that links people to key business outcomes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/talent-management\/2018\/08\/30\/human-capital-management-institute-adds-ai-capabilities-to-solve-workforce-analytics-planning-software\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Human Capital Management Institute Adds AI Capabilities to SOLVE Workforce Analytics and Planning Software\" \/>\n<meta property=\"og:description\" content=\"Human Capital Management Institute Adds AI Capabilities to SOLVE - 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