25 November 2020: Remuneration and HR consultancy 21st Century have acquired data analytics company, Analytico. The partnership adds IOPs (Industrial and Organisational Psychologists) capability to 21st Century’s comprehensive HR and analytics services by bringing to them the largest and most credible source of earnings information for medico-legal reporting in South Africa.
With a global shift in employment and remuneration policies occurring because of the COVID-19 pandemic, relevant, up-to-date data and benchmarking are needed more than ever before. Analytico and 21st Century have joined forces to provide an all-inclusive analytics package based on current South African data and benchmarking – as opposed to international statistics – a first for the South African market.
“Analytico has become a leading brand in the medico-legal industry as a provider of earnings research and labour market data analysis. Our acquisition will strategically benefit Analytico and 21st Century to provide corporate and non-corporate data to IOPs and attorneys. As a leading remuneration survey provider in Africa, 21st Century looks forward to expanding our services into the medico-legal industry with the Analytico brand”, says Chris Blair, 21st Century CEO.
The partnership enables a robust combined resource of informal non-corporate and corporate earnings research. It will provide access to credible and audited earnings data and clients will save costs and resources by being able to make a single purchase of an array of data, rather than buying data from several providers. Businesses will now be able to gain access to earnings research tools that provide in-depth analysis of labour market and corporate earnings information. Analytico will also continue to provide IOPs and attorneys with corporate and non-corporate industry data under the 21st Century umbrella.
Jaen Beelders, Managing Director of Analytico says, “I am extremely excited about the opportunities of being acquired by an established and credible company like 21st Century. It is an immense opportunity for Analytico to grow and scale in the medico-legal industry. Analytico can now leverage several data sources ranging from audited formal sector and informal sector data.”
The complete combined product offerings to IOPs and official launch date will be announced soon. To find out more about 21st Century’s comprehensive consultancy and analytics services, visit www.21century.co.za.
About 21st Century:
21st Century is one of the largest Remuneration and HR consultancies in Africa, with a team of more than 60 skilled specialists, servicing over 1700 clients – including non-profit organisations, unlisted companies, government, parastatals and over two thirds of the companies listed on the JSE. 21st Century offers effective business planning with KPA and strategic planning reviews, creative reward practise modelling, operating modelling, change, stakeholder and culture management, training courses and comprehensive organisational development plans. 21st Century continues to offer solutions via virtual channels during the lockdown period.
In this volatile and uncertain environment, the way of working is changing dramatically. There are new – and often unprecedented – challenges that require businesses to plan rapidly and take decisive and immediate action. 21st Century offers a Resilience Audit assessing businesses during COVID-19 for their sustainability, offering these businesses tailor made solutions and developing new remuneration structures and performance measurement systems, as well as helping with managing organisational changes within the business.
