Eightfold

What is Eightfold?

Eightfold Talent Intelligence is an AI platform built to help organizations get the most out of their workforce. It does this by optimizing both how you bring in new talent and how you develop the people you already have. It is a complete toolkit for managing your talent, covering everything from bringing new people on board (talent acquisition) to managing their careers (talent management), handling flexible staffing (talent flex), managing your workforce across different projects (workforce exchange), and overseeing your resources (resource management).

At its core, the platform uses deep-learning AI. This technology gives you really valuable insights about your talent pool, helps you make decisions based on solid data, and makes it easier to match individuals to projects based on what they know and what they could do. By using this AI, Eightfold Talent Intelligence makes it simpler to manage project-based work, gets rid of those annoying information gaps between teams, helps you find the skills you need, builds more diverse teams, and ultimately helps your organization make smarter talent decisions so everyone can be more successful and productive.

Who created Eightfold?

Ashutosh Garg and Varun Kacholia are the minds behind Eightfold. They launched the company on February 22, 2020, with a clear mission: to transform how we work. They aim to do this by offering a single AI platform that handles all aspects of talent – from finding people, to managing them, and gaining insights about them. Their platform really leans into deep-learning AI to help companies unlock their employees’ full potential, covering talent acquisition and development with a full suite of tools.

What is Eightfold used for?

Eightfold is designed to help you:

• Maximize your workforce’s potential: This covers both bringing in new talent and developing the skills of your current employees.
• Gain valuable talent insights: Get a clearer picture of your workforce and make smarter, data-driven decisions.
• Boost productivity and efficiency: Make sure the right people are on the right projects, leading to better outcomes.
• Streamline project work: It helps manage projects more smoothly by understanding skills, potential, and how quickly people can learn.
• Eliminate information silos: This means better communication and collaboration within your talent management team.
• Find and grow great talent: It helps you identify the skills you need and then nurture those skills in your employees.
• Build a diverse workforce: Actively work towards creating a more inclusive and varied team.
• Stay ahead in the talent game: Get unique insights that help you navigate the ever-changing talent landscape.
• Manage your talent lifecycle: Whether you’re looking for new hires, developing current staff, or optimizing how you use resources, Eightfold has you covered.
• Empower smart talent decisions: Help your organization truly harness the power of its people by making informed, data-backed choices.
• Improve resource management: Use skills, potential, and learnability to make sure your resources are used effectively.
• Deliver great candidate experiences: In talent acquisition, it helps create personalized and memorable interactions for potential hires.
• Align careers with strategy: Help employees connect their personal career goals with the company’s overall business strategy.
• Manage contingent workforces: Source and manage temporary or contract workers efficiently and at scale.
• Go beyond resumes: Use intuitive AI that looks at more than just traditional resumes to find the best fits.

Essentially, Eightfold provides a comprehensive set of tools and features that help unlock the full potential of every employee, using a skills-first approach powered by deep-learning AI.

Who is Eightfold for?

Eightfold is a valuable tool for a wide range of professionals and departments within an organization:

• Talent Acquisition Teams
• Talent Management Professionals
• HR Professionals
• Recruiters
• People Managers
• Workforce Managers
• Procurement Professionals
• Employees (for career development and insights)
• Organizations as a whole

It’s also specifically beneficial for those focused on:

• Talent Flex (managing contingent workforces)
• Workforce Exchange (internal talent mobility and project allocation)
• Resource Management

How to use Eightfold?

To really make the most of Eightfold’s Talent Intelligence Platform, here’s a practical guide:

1. For Talent Acquisition: Use Eightfold’s AI to quickly pinpoint the ideal candidates for each role. It also helps you create personalized experiences that candidates will remember.
2. For Talent Management: Help your employees grow by connecting their career ambitions with the company’s strategic goals. Eightfold Talent Management makes this alignment easier.
3. For Talent Flex: Need to manage temporary or contract workers? Eightfold Talent Flex® uses AI to help you find and manage these high-quality workforces efficiently and at a large scale.
4. Embrace a Skills-First Approach: Eightfold shines by matching people to projects based on their skills, their potential, and how quickly they can learn. This really boosts productivity.
5. Leverage In-Depth Insights: Get the talent insights you need to make smart, data-driven decisions across all areas – acquisition, management, flex, workforce exchange, and resource management.
6. Break Down Information Silos: Eightfold helps you find the right candidates and also works to eliminate those frustrating information gaps within your talent management team, which is key to building a diverse workforce.
7. Stay Ahead of the Curve: By using Eightfold’s intuitive and agile deep-learning AI, your organization can stay competitive in the talent market and make well-informed decisions.
8. A Complete Talent Solution: Whether your focus is on finding new talent, developing your current team, or optimizing how you manage resources, Eightfold offers a comprehensive answer to your talent needs.

By following these steps and using the various capabilities of Eightfold’s Talent Intelligence Platform, your organization can truly maximize its workforce’s potential and make smarter, data-driven talent decisions.