Microsoft yesterday announced that it has acquired people analytics startup VoloMetrix. The company told about its plans to integrate the organizational analytics technology into Office 365. However Microsoft did not disclose financial details regarding its acquisition of Seattle-based VoloMetrix.
Microsoft Outlook and Office 365 corporate vice president Rajesh Jha, said in a blog post.[pull_quote_center]”I am excited about this big step forward in our company ambition to reinvent productivity and business process, and how it will deliver new value to our customers with organizational analytics,”[/pull_quote_center]
Microsoft to Buy VoloMetrix Startup to Increase Workers Efficiency
He added:[pull_quote_center]”Similar to how fitness trackers help us understand our health in our personal lives, innovative new solutions are emerging to objectively measure and prioritize our time at work.”[/pull_quote_center]
VoloMetrix is tech startup that assembles the information from the calendars, email habits, messages, meeting schedules and other work data of the employees to find particular ways for them for more productively use time and energy.
Startup co-founder and chief executive Ryan Fuller said in a blog post.[pull_quote_center]“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.”[/pull_quote_center]
Many companies use VoloMetrix to gain a better understanding of how their business is functioning and what their employees are doing. The platform can assess how employees are performing at their jobs, and glean insights on employee communication and interaction. The software integrates a company’s calendar, email servers and critical business apps to collect metadata about where and what people are working on.
VoloMetrix cofounder and CEO Ryan Fuller said in a statement.[pull_quote_center] 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. We believe joining forces with Microsoft will be a huge win for our customers as we provide even better solutions going forward. Over the coming months, you can expect to hear more from us about new capabilities we will be rolling out, new investments in our partner eco-system and more.”[/pull_quote_center]