Labor Market Analytics Blog | Horsefly Analytics

Client Story: A Renewable Energy Powerhouse Invigorates Its Workforce Planning Function, Saving $40 Million

Written by Horsefly Analytics | Jan 31, 2023 7:00:00 AM

 

Ørsted, a global renewable energy leader with ambitious goals of 50GW installed by 2030, partnered with Horsefly Analytics to transform their workforce planning, resulting in millions of cost savings while expanding into new markets.


The Situation

  • Needed comprehensive global talent market insights for expansion

  • Required quick, reliable data for "What if" scenario planning

  • Faced high recruitment demands across multiple regions

  • Lacked efficient tools for making informed workforce decisions


Horsefly Delivered

  • Real-time talent analytics platform with intuitive Boolean search interface

  • Quick implementation with 20-minute learning curve

  • Interactive data visualization for stakeholder engagement

  • Granular insights into global employee landscape

The Impact

  • Achieved $40 million in cost savings through strategic workforce planning

  • Identified locations with 60-70% salary cost reduction potential for 200-300 annual hires

  • Enhanced early career recruitment through university talent mapping

  • Enabled real-time collaboration between HR and line managers for hiring decisions

  • Strengthened data-driven decision-making for global expansion