What does 'Analytics (Workforce)' mean?

Workforce analytics is a software and methodology combo that uses statistical models to worker-related data to help business leaders optimize human resource management (HRM). Workforce analytics is a subset of people analytics, which is sometimes known as HR analytics. Workforce analytics is a broad word that relates to all aspects of hiring and managing personnel, whereas workforce analytics is frequently more strictly focused on workforce-planning difficulties. Like many other parts of HR, the theories underpinning workforce analytics have altered dramatically as a result of technological advancements that provide significantly more insight into employee data. In this regard, current workforce analytics goes deeper, has more clout, and is more visually appealing than prior iterations.