Since the beginning of 2017, I have addressed till date in excess of 100 CHRO enquiries from across the globe – ranging from the west coast of the US to the east coast of Australia and everything in between. One recurrent theme which stands out from all of these enquiries is the growing need for HR Analytics & richer, timely, actionable reports.
The appointment of C Vijayakumar in the last quarter is proving to be a good move for HCL Technologies. HCL Tech is going through a change and he is bringing in fresh perspectives in the way their deals are being constructed.
There are clear efforts to modernise existing traditional infrastructure contracts (the ones with lower margins) and increase the use of digital technologies. Furthermore, HCL Tech has a significant focus on utilities, healthcare, manufacturing, life sciences among other verticals, that are witnessing a higher need for Digital Transformation and hence higher margins.
At Greyhound Research – the Technology & Innovation Research, Advisory & Consulting arm of Greyhound Knowledge Group – the year has started on a rather interesting note.
We’ve just closed our annual study, Global CLDO Priorities 2017, and the results are a mix of both, things that organisations will continue investing in and those that they intend to change. To give you a perspective, consider these findings – while 89% Chief Learning & Development Officers (CLDOs) plan to continue with end-to-end Learning Outsourcing to a single Learning Services provider, 70% are considering using mobile devices as the mainstay for disseminating learning courses to their employees.
On 15 August, 2016 IBM and Workday announced a multi-year partnership wherein Workday will use IBM’s Cloud for its internal Testing and Development environment.
The announcement adds to the existing IBM and Workday partnership which includes IBM’s global Workday Consulting Services, IBM’s acquisition of Workday services provider Meteorix (in 2015) and IBM’s own use of Workday’s Human Capital Management (HCM) for its global workforce.
On 12 June, 2016 Symantec announced its agreement to acquire Blue Coat for USD 4.65 billion.
As a result of this acquisition, the company will now have 385,000 customers, a vast repository of data sources and over 3,000 researchers and engineers worldwide. Post this acquisition, Symantec will have USD 4.4 billion in combined revenue (on pro-forma, non-GAAP basis) in FY16. By the end of FY18, Symantec expects to realise USD 550 million in run-rate cost savings. In addition, the combined entity will have access to vast Security and Threat Intelligence data sources including Telemetry gathered from 175 million protected endpoints; more than 2 billion emails scanned per day; 1.2 billion web requests monitored per day across 55 languages; 12,000 Cloud applications monitored and controlled.
In a recent research note we highlighted a key trend about Chief Human Resources Officers (CHROs) piloting and implementing Workforce Empowerment Systems (WES) to win the war for talent. This trend was noted in our recent Greyhound Research study titled Global CHRO Priorities 2016, where we spoke to 750+ CHROs from across the globe.
On 7 April 2016, as part of the Greyhound Research Analyst team, we had the opportunity to attend the Oracle CloudWorld 2016 in Mumbai, India. At the event we met some of Oracle’s global executives who highlighted the growing demand for MobileFirst, CloudFirst business applications.
It’s not often that one comes across a young, new-age Research & Advisory firm which does not believe in pay-to-play, but dares to say things as they are.