By ET Bureau - March 19, 2021 4 Mins Read
Eightfold AI, the provider of the Talent Intelligence Platform™, continues its rapid growth, innovation, and customer expansion across every segment of its business. Eightfold AI’s most recent fiscal year was highlighted by numerous landmark accomplishments, capped by the unveiling of the Indiana Department of Workforce Development’s Hoosier Talent Network and an infusion of new investment, a $125M Series D funding round led by General Catalyst. The company works with customers across 110 countries, 19 industries, and 16 languages. Other recent accomplishments include:
Customer and Partner Expansion:
Eightfold AI customers are world leaders in financial services, media & entertainment, technology, consumer packaged goods, insurance, professional services, and other sectors.
Seeking to evolve their workforce into a competitive advantage, select Eightfold customers have achieved significant results, including: a 49 percent increase in the number of employees finding their next role within their current company, a 58 percent increase in employees offered other jobs within the same company after their role had been eliminated, and 60 percent more highly qualified candidates applying to open jobs.
Industry-leading Product Innovation:
As a leading provider of AI-based HR offerings, Eightfold AI continues to push established boundaries in both product development and practical usage. Recent developments include:
“We are tremendously proud of our ability to help our customers adapt to the unprecedented demands of this year while continuing to grow and scale ourselves,” said Ashutosh Garg, CEO, Eightfold AI. “Our platform has demonstrated tremendous productivity gains and shown organizations the future of talent acquisition and management. Now that the foundation is set and the advantages of AI-based HR solutions have been shown, we’re ready to continue this momentum and keep pace with the needs of our global customer base in 2021 and beyond.”
“It is both an honor and an opportunity to be a part of the team building a platform like ours at a time when the need for it is so clear,” said Sandesh Goel, Managing Director, India at Eightfold AI. “Our India team is comprised of the most talented and effective individuals in the world because we offer them a chance to make an impact on a global scale.”
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
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