Mercer once had a benefits administration offering that they ended up selling to ADP.\u00a0 Then they partnered with SynHRgy (spelling?) to get into HRO.\u00a0 That didn\u2019t pan out so well either.\u00a0 Towers Perrin has a partnership with Excellerate HRO (EDS) in the HRO space.\u00a0 Hewitt went full bore into HRO and that\u2019s been a mixed bag of success and failure.<\/p>\n
So when I read that Wyatt purchased WisdomNet<\/a>, I was shaking my head.\u00a0 The official press release<\/a> says that they got consulting services as well as software out of the deal.\u00a0 Let\u2019s be honest \u2013 implementation services is not what Wyatt does, and any talent consulting that they got from WN is going to be fairly weak.\u00a0 I\u2019d think that the intellectual property Wyatt already had was better than anything they acquired.<\/p>\n So really that leaves the software.\u00a0 Why would Wyatt buy WM for the software?\u00a0 As mentioned above, this would not be the first time that a consultancy purchased a vendor and got into a more traditional sales space, but it\u2019s really not what consultancies do.\u00a0 Add that to the fact that it\u2019s not one of the top tier vendors and you have more of a mystery.<\/p>\n It\u2019s been argued that Wyatt has really been catering more towards the mid market where technology is in play.\u00a0 Sure they have plenty of large clients in the benefits and pension space, but technology hasn\u2019t necessarily been a strong point for them.\u00a0 Perhaps the purchase of WN is their way of getting a new profit stream in this market segment.\u00a0 I\u2019d compare it to the AON model \u2013 they seem to do a bit of everything in the 500-10K employee space.<\/p>\n I don\u2019t know what\u2019s going on here ,but it sure is strange to me.<\/p>\n","protected":false},"excerpt":{"rendered":" Mercer once had a benefits administration offering that they ended up selling to ADP.\u00a0 Then they partnered with SynHRgy (spelling?) to get into HRO.\u00a0 That didn\u2019t pan out so well either.\u00a0 Towers Perrin has a partnership with Excellerate HRO (EDS)…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[2,20,3],"tags":[],"class_list":["post-774","post","type-post","status-publish","format-standard","hentry","category-hr-technology","category-talent-management","category-vendors"],"_links":{"self":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/posts\/774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=774"}],"version-history":[{"count":0,"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/posts\/774\/revisions"}],"wp:attachment":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}