Human capital management (HCM) is the comprehensive set of practices for recruiting, managing, developing and optimizing the human resources of an organization.
Cloud-based vendor Visier sells software for workforce analytics and workforce planning. Visier promotes its software's predictive analytics capabilities, data mining and visualization tools, and the software's ability to help match the number of workers with expected revenues.
Workforce analytics is a combination of software and methodology that applies statistical models to worker-related data, allowing enterprise leaders to optimize human resource management (HRM).
Workforce planning is the strategy used by employers to anticipate labor needs and deploy workers most effectively, usually with advanced human resources technology.