Microsoft announced on Thursday that it has completed an agreement to acquire VoloMetrix, an organizational analytics provider.
"Today’s announcement is part of Microsoft’s commitment to reinvent productivity and business process, and combines VoloMetrix’ experience, technology and track record of success with Office 365 and our previously announced Delve Organizational Analytics," a spokesperson for Microsoft tells WebProNews.
"We expect to launch an early preview program for Delve Organizational Analytics within the next month, and general availability of the initial release of the integrated Office 365 service by the end of this calendar year," they tell us.
VoloMetrix's slogan is "translating complex activity into real costs and ROI." The company touts "action analytics" looking into how time is spent within an organization via "people analytics" software. It creates measurable behavioral profiles around everyday processes, providing insights into sales calls, customer service operations, brainstorming sessions, meetings, etc.
Volometrix co-founder and CEO Ryan Fuller talks about the acquisition in a blog post:
We started VoloMetrix 4.5 years ago with the belief that people are every company’s most valuable asset and the mission to transform knowledge worker productivity through data, transparency and feedback loops. Our goals were to fundamentally change companies’ understanding of how their people drive their outcomes and empower every employee to take back their time and have the very best tools to be successful. Having the opportunity to work with dozens of Global 2000 companies to prove out the science of Organizational Analytics and apply it to help organizations and individuals be happier and more productive at work has been an unbelievable experience.
And, it will only get better from here. Our work with customers makes it clear that there are massive opportunities to improve the experience of going to work as well as drive double-digit improvements in organizational productivity. Microsoft has a huge vision to reinvent productivity and a set of assets in Office 365 that are fundamental to how work gets done. By joining them we will be able to continue to pursue our shared mission and have impact at a staggering global scale.
Microsoft's Rajesh Jha also discusses the company's plans for the acquisition here.
Image via Volometrix