Big Data
A collection of data that is huge in volume–making more informed, evidece based decisions
*Can help HR by collecting new data, using existing data more effectively, and allowing for better strategic analysis
Three Features of Big Data
Volume: datasets have grown so large that new tools are required to store, access, and analyze them (AMOUNT)
Velocity: Data can flow into a system so quickly that its currency becomes an issue, so data must be updated frequently (SPEED)
Variety: Data is not only numbers now–it may be still images, videos, or audio recordings (DIVERSE FORMS)
*Big Data makes it more possible to see patterns and trends, to create models that isolate possible causes and predict outcomes
Information System (IS)
A way to collect, organize, store, analyze, and share data–they feature 4 Basic Components: Presentation Tier, Logic Tier, Data Tier, Communication Tier
Basic Components of Information Systems (4)
Enterprise Resrource Planning (ERP)
Designed to allow the different parts of an orgz to access the same data and perform more efficiently
HRIS
A type of technology that supports HR functions and enables HR to gather, store, maintain, retrieve, revise, analyze, and report HR data
Best of Breed
The best system in its referenced niche.
*Designed to serve unique situations or satisfy specific preferences–it may NOT communicate with an orgz database successfully
Scalability
Big data has created an issue with scalability–how to increase the amount of data stored without increasing processing time and how to manage capacity.
Increased processing time is a tech issue
Increased capacity is a economic issue
This is why cloud computing is an option but the risks are security and control
Security
When acquiring technology, users may be concernced about:
HR Technology Applications
The software products can:
SaaS
Software that is owned, delivered, and managed remotely by one or more providers
A customer can order additional capacity, add on’s, or features
Artificial Intelligence (AI)
The ability of a computer to imitate human thought and behavior
Manager Self Service Technologies
Provide managers with access to current data on their EEs and budgets and allow them to perform for themselves transactions that previously required HRs implementation
Developing a Process for Purchasing Technology
Assess Needs>Prioritize Requirements>Identify and Assess Providers>Create a Business Case>Implement and Assess
Developing a Process for Purchasing Technology ‘Assess Needs’
You need to assess:
Developing a Process for Purchasing Technology ‘Prioritize Technology Requirements’
What will meet our needs?
Cloud offers no direct control
On premises offers complete control
Developing a Process for Purchasing Technology ‘Identify and Assess Providers’
Developing a Process for Purchasing Technology ‘Create a Business Case’
Leaders will be interested in how:
Developing a Process for Purchasing Technology ‘Implement and Assess New Technology’
Can be done through:
Test: introduced to one part of the orgz before going broadly
Correct: opportunities to correct the product and strengthen the training
Change: there will be resistance, but show the benefits of the change
Feedback: gather continous feedback
Assess: assess against the original criteria
Data and System Security General Security Protections Involve:
Limiting Logical and Physical Access to Data and Systems
Access to databases can be restricted with firewalls, which are software and/or hardware intended to filter incoming and outgoing communication according to preset rules
Encryption
Encryption is the conversion of data into a format that protects or hides its natural presentation or intended meaning
Hacking
The act of attempting to access data without permission:
GDPR and HR Practices
This protects European data–EU citizen information specifically