SAP announced a new offering on Wednesday that will utilize text mining and machine learning to help companies improve workplace diversity, according to a news release.
The product will use technology to review things like job descriptions, performance reviews and other people processes for signs of potential bias, as well as suggest changes.
SAP recently announced the launch of a new Diversity and Inclusion Customer Advisory Group, with plans to initially focus on addressing the issue of gender equity through the use of technology, the company said.
SAP wants to use technology to produce reports that can help companies “identify and track where biases exist in talent acquisition and management processes.”
SAP believes diverse teams are more successful than non-diverse teams, and that diversity and inclusion efforts are critical to solving the current IT labor shortage. A McKinsey Global Institute report recently estimated that $12 trillion could be added to global GDP by 2025 just by advancing women's equality.
"Diverse teams are high performing teams," said Mike Ettling, president of SAP SuccessFactors.
On average, women comprise about one-third of the IT workforce, according to a recent analysis of nine major tech companies by Fortune.
After releasing statistics showing a general lack of diversity among their workers, several tech companies, including Microsoft, Intel and HP, vowed to double their efforts at promoting more diverse workplaces.