Nice work Paul Reiman and the broader Novo Insights team on this thorough coverage of the #CompTech landscape. Our 2025 roadmap will produce even greater coverage across this landscape as we advance our mission to help employers build companies where their employees feel valued.
We're pleased to announce the Q4 version of the #CompTech Landscape. Some notable updates to prior versions: ?? Our Categories ?? We've simplified the number of categories we're tracking and covering based on feedback from the market and our desire to deeply serve the #Compensation function. The "Real-Time Data" category has been renamed "Software-Delivered." We found that the name Real-Time was creating confusion since many of those tools are not "always updated." The differentiator is the integrated nature of data capture and matching via software. We've removed Incentive Management (think commission administration) and Equity Management (equity award / cap table tracking) since we heard from our clients that while Compensation is in some cases a user of such tools, they are rarely the decision maker and don't have a strong reason to track and change their approach. We want our graphic to be valuable, not big, so we've eliminated those categories from the view to make the graphic more consumable. We've removed Pay Analytics as a distinct category because we believe that analytics is a capability in all categories. It's a feature, not a distinct category. This means that the broader People Analytics platforms are no longer represented on our landscape. ? New Players ? Since our last update we've seen product expansion or become aware of new tools to help Compensation teams make an impact. Welcome to the party - or welcome to a new category: OpenComp Barley Salary.com Brightmine Pequity Compport PeriscopeIQ LaborIQ