Visier commits to giving global companies a competitive AI advantage

Visier — a platform that integrates HR and business data to provide real-time insights — today declared its intention to give more companies a competitive AI advantage.

According to the company, artificial intelligence will become a “breakthrough fix” to address growing global economic challenges, investor expectations, and workforce realities. In Canada alone, productivity has slowed down over the past four decades and two-thirds of employees are disengaged from their work.

"CEOs worldwide are asking themselves how they can adapt their organization to solve this crisis,” said Ryan Wong, co-founder of Visier, in a press release. “For most companies, it will mean embracing AI to unlock stalled productivity growth and to fill talent gaps, but doing so will mean navigating through the greatest workforce disruption in over 100 years. For that, Visier will help illuminate the path forward with insights and guidance that put them in control of this massive change and every disruption that follows."

The company specializes in people analytics, workforce planning, and compensation allocation. It helps organizations better understand employees, their work, and business outcomes. 

By deploying its new AI tech, Visier hopes to help customers determine which employees are most productive and why, what kinds of work are impacting business revenue, which roles and activities can be automated, and other questions that concern pay and performance. 

Visier’s capabilities include an award-winning generative AI assistant; custom analytics and reporting; and pre-built security, compliance, and governance models. The company says its offerings mark the industry’s first platform of its kind.

"Whether it's a global pandemic, a resignation wave, new regulations, mergers, or acquisitions, companies need real-time insights they can trust to light the way as they guide their teams,” said Adam Binnie, chief innovation officer at Visier. "Companies with Visier will have an [AI edge] — weathering the storm much more successfully than their peers." 

Visier was founded in 2010, when the company says organizations relied on complicated legacy tools to receive insights and predictions from analytics. Over a decade later, Visier reached a significant milestone as it closed a USD $125 million Series E round — resulting in a $1 billion valuation. Currently, the platform is being used in 75 countries. It also has over 60,000 customers — including enterprises like eBay, Ford Motor Company, and Panasonic. 

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