Visier has announced a significant enhancement to its corporate mission, focusing on using AI to provide companies with a “Workforce AI Edge.” As global economic challenges intensify and investor expectations for efficient growth increase, Visier aims to help companies navigate these complexities by harnessing AI to enhance productivity and workforce management.
- The Current Business Landscape:
- Economic Pressures: Companies face rising expectations for profitable growth amidst a shift from a growth-at-all-costs mindset to a focus on sustainable growth.
- Productivity Concerns: Despite rising wages, employee productivity is stagnating, marking the slowest growth in 44 years.
- Employee Engagement: Workplace engagement is at an 11-year low, with 70% of employees admitting to being less than fully engaged.
- Talent Scarcity: Global shifts in population growth have led to a persistent talent and skills gap.
- Visier’s Response – Workforce AI Edge:
- CEO’s Perspective: Ryan Wong, CEO of Visier, emphasizes the importance of adapting organizations to address the Business Performance Erosion Crisis by leveraging AI.
- AI Integration: Visier aims to help companies unlock stalled productivity growth and fill talent gaps by using AI-driven insights.
- Workforce AI Edge: Visier’s platform unifies, illuminates, and activates people and work data to provide managers and executives with actionable insights.
- Key Questions Addressed by Visier’s Platform:
- Which employees are most and least productive, and why?
- What work contributes to or detracts from business performance?
- What roles and activities can be automated with AI?
- How can compensation be structured to improve fairness and business impact?
- What are the best pathways for career progression to enhance business impact?
- Visier’s Real-Time People Data Platform:
- AI-Ready Assets: Includes self-serve genAI, analytics, and reporting to ensure accurate and secure insights.
- Data and Analytics: Offers pre-built content, metrics, and benchmarks from millions of employee records.
- Security: Provides centralized security, compliance, and governance models.
- Visier’s “Open for Builders” Ecosystem:
- Collaborative Innovation: Visier’s mission relies on customers and partners to innovate on its open platform, driving productivity and business results.
- Customer Success: Standard Bank, Africa’s largest financial services company, uses Visier to link business outcomes to workforce strategies.
- Visier’s Partnerships and Industry Impact:
- Embedded Partner Innovation: Companies like Paycor and Augeo use Visier to power their analytics and AI capabilities, reaching over 60,000 end user organizations.
- Delivery Partner Innovation: Deloitte partners with Visier to help companies navigate AI-driven workforce transformations.
Visier’s commitment to providing a “Workforce AI Edge” positions companies to tackle the challenges of the modern business environment. By leveraging AI-driven insights, organizations can adapt their workforces, enhance productivity, and secure a competitive edge in an increasingly volatile world.
