SAN RAMON, CA–(Marketwired – Jul 9, 2013) – eQuest today announced the formation of the Big Data for HR Consortium, a worldwide group that will serve as an arena for sharing best practices, discussing trends and their implications, and considering issues common to those providing Big Data and predictive analytics services, tools, and analysis to the HR community.
In a recent article published by The Wall Street Journal, it was reported that 85% of Fortune 1000 executives have projects planned or underway for getting more business value out of data their companies generate and collect. A recent Gartner report projects that Big Data will account for $34 billion of IT spending globally this year alone.
The Big Data for HR Consortium will support and elevate the vital inclusion of analytic capabilities within the Human Resource community through conversations about best practices, trends and common issues. Members meet monthly to explore the current and future challenges and opportunities of helping HR become an evidence-based, data-driven function.
“Both HR suppliers and analysts need a meeting place to discuss the many unique challenges of Big Data for HR,” said David Bernstein, vice president of eQuest’s Big Data for HR division. “In the midst of conflicting definitions and confusion in the HR marketplace, the consortium’s goal will be to first develop a common definition and to then clearly articulate predictive analytics’ real value to the HR community.”
Membership is free and those interested in learning more or signing up can visit www.bigdataforhr.com