- Eightfold AI is a talent acquisition and management company that was founded by Ashutosh Garg and Varun Kacholia in 2016. The company’s flagship product is a holistic platform powered by deep learning AI that enables users to attract, retain and grow the best industry talent.
- Eightfold’s so-called “Talent Intelligence Platform” incorporates the largest talent dataset in the world to allow businesses to avoid the limitations of resumes and make confident, unbiased recruiting decisions. Comprising the platform are four key products.
- Eightfold’s AI takes care of much of the sourcing, screening, and scheduling process during talent acquisition. In terms of talent management, it also provides a unified view of organizational talent so that recruiters can make data-driven talent decisions.
- Eightfold’s Talent Flex is an AI-powered talent-sourcing solution for HR departments and procurement companies that addresses short-term, temporary, or freelance talent. Lastly, Workflow Exchange is an AI-powered job marketplace that connects individuals with meaningful work or career progression opportunities.
Eightfold AI is a talent acquisition and management company that was founded by Ashutosh Garg and Varun Kacholia in 2016. The company’s flagship product is a holistic platform powered by deep learning AI that enables users to attract, retain and grow the best industry talent.
Eightfold AI also helps job seekers identify previously overlooked career opportunities, polish their resumes, build meaningful careers, and upskill or reskill.
How does this platform work?
Eightfold’s so-called “Talent Intelligence Platform” incorporates the largest talent dataset in the world to allow businesses to avoid the limitations of resumes and make confident, unbiased recruiting decisions.
The platform itself is comprised of four key products.
1 – Talent Acquisition
While most recruitment solutions screen people out, Eightfold is focused on inclusion. In other words, it encourages recruiters to see beyond resumes and consider an individual’s potential.
Eightfold’s AI takes care of much of the sourcing, screening, and scheduling process. On the candidate side, it also helps minorities (who tend to undersell themselves) explore positions where they may excel. This boosts their confidence level and increases the likelihood that a business will find a suitable hire.
To further increase diversity and also reduce bias, candidate profiles are masked and AI provides real-time diversity and equity analytics to ensure the company is meeting its targets.
2 – Talent Management
This product provides a unified view of talent across an organization so that it can make data-driven talent decisions and create engaging employee experiences.
This encompasses career planning, skills development, internal mobility, talent redeployment, and a talent marketplace where employees can access a central hub of projects, jobs, and events.
Deep learning AI is also used to establish succession planning. This enables managers to see an employee’s role readiness based on their skills (and not their connections).
3 – Talent Flex
Eightfold’s Talent Flex is an AI-powered talent-sourcing solution for HR departments and procurement companies. The solution enables recruiters to source and manage short-term or temporary workers in a robust and efficient manner.
Here, the AI recommends workers at scale based on their experience, capabilities, and potential to excel in specific assignments. This enables Eightfold clients to better match candidates to positions whilst also shortening the time to fill and saving money.
4 – Workflow Exchange
Lastly, Workflow Exchange is an AI-powered job marketplace that connects individuals with meaningful work or career progression opportunities. The marketplace enables job seekers to find rewarding work faster and businesses to find suitable talent more easily.
Job seekers can also access training recommendations based on their skills, experience level, and potential. This includes a detailed overview of current, adjacent, and inferred skills that some individuals may not be aware they possess.
Those looking for work can also create an autogenerated resume with the help of AI based on an existing CV, public career profile, or personal profile. There is also the option to create a new resume from scratch with detailed descriptions that better address role competencies.
Key Highlights:
- Founding and Mission: Eightfold AI was founded in 2016 by Ashutosh Garg and Varun Kacholia. The company’s mission is to provide a holistic talent acquisition and management platform powered by deep learning AI to help businesses attract, retain, and grow the best industry talent.
- Talent Intelligence Platform: Eightfold’s “Talent Intelligence Platform” is built on the largest talent dataset globally. This platform enables businesses to overcome the limitations of traditional resumes and make unbiased recruiting decisions. It consists of four key products:
- Talent Acquisition: Focuses on inclusion, encouraging recruiters to consider an individual’s potential beyond their resume. AI assists in sourcing, screening, and scheduling, and helps underserved candidates explore positions where they can excel. Real-time diversity and equity analytics aid in reducing bias.
- Talent Management: Offers a unified view of talent across the organization, aiding data-driven talent decisions and employee engagement. It covers career planning, skills development, internal mobility, talent marketplace, and succession planning through deep learning AI.
- Talent Flex: An AI-powered solution for talent sourcing and management of short-term or temporary workers. Recruiters can match candidates to assignments efficiently based on experience, capabilities, and potential.
- Workflow Exchange: An AI-driven job marketplace connecting job seekers with meaningful work and helping businesses find suitable talent. Job seekers receive training recommendations based on their skills, and autogenerated resumes can be created using AI.
- Inclusivity and Diversity: Eightfold’s AI-powered solutions focus on inclusion and diversity. By recommending candidates based on their potential and skills, it boosts the confidence of underserved candidates and contributes to reducing bias in the hiring process.
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