HR Technology Company Eightfold AI Raises $125 Million Funding To Hire Exceptional Talent

Eightfold AI, an HR technology company, has announced raising $125M funding in series D to hire exceptional talent in India.

According to the official release, the funds will also be used to expand and scale its AI-powered Talent Intelligence Platform, which manages the entire talent lifecycle. Further, it also addresses the disjointed point solutions commonly found in the talent management space.

Read more: https://analyticsindiamag.com/hr-technology-company-eightfold-ai-raises-125-million-funding-to-hire-exceptional-talent-in-india/

#hiring #ai #startup #technology #hrtech #startupindia

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HR Technology Company Eightfold AI Raises $125 Million Funding To Hire Exceptional Talent

HR Technology Company Eightfold AI Raises $125 Million Funding To Hire Exceptional Talent

Eightfold AI, an HR technology company, has announced raising $125M funding in series D to hire exceptional talent in India.

According to the official release, the funds will also be used to expand and scale its AI-powered Talent Intelligence Platform, which manages the entire talent lifecycle. Further, it also addresses the disjointed point solutions commonly found in the talent management space.

Read more: https://analyticsindiamag.com/hr-technology-company-eightfold-ai-raises-125-million-funding-to-hire-exceptional-talent-in-india/

#hiring #ai #startup #technology #hrtech #startupindia

Why is Hiring a Company Better Than Freelancers Though They Are on Peak Today?

Hiring an IT Services providing company is better as compared to hiring a freelancer. Check out these key disadvantages to heed before you hire freelancers.

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Hire Dedicated Vuejs Developers - Hire Vue.Js Development Company

The JavaScript framework that has grabbed the attention of New Age Website and App developers for its ease of developing interactive elements is the VueJS framework.

Want an elegant and interactive app for your business with VueJS?

Hire dedicated VueJS developers from WebClues Infotech as they have the knowledge, skills, and past experience in developing successful apps with the use of the VueJS framework. Also, do not worry much about the prices as they offer quite a flexible pricing structure and an option to choose the best suitable one for you.

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How to Use Artificial Intelligence In Talent Acquisition

AI has made headlines for the last few years and it’s here to make an impact. But what does exactly that mean for HR professionals and recruiters?

While adopting artificial intelligence has benefits of its own, the organizations that are the real head-turners are those that have integrated artificial intelligence in the very cores of their business.

HR professionals said talent acquisition is one of the most important areas where AI will play a role over the next few years.

In this article, you’ll see the use of Artificial Intelligence in talent acquisition.

Digital HR Transformation

To accomplish this task with efficiency, human resource departments of the organization are now turning to artificial intelligence for the job. HR professionals all around the world are relying on AI to improve the talent acquisition process and ease one of the toughest parts of the process.

Statistics suggest that as many as 52 percent of the HR professionals say that one of the toughest parts of talent acquisition lies in identifying the right candidates from a pool of a large number of candidates. In the same survey, 56 percent of the talent acquisition leaders say that their hiring volume might increase this year, while another 66 percent say that either their teams will stay the same or contract.

In other words, the leaders in talent acquisition will have to do a lot more with the available resources to them. Thus, artificial intelligence seems like the only intuitive way to take things forward in this direction.

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Observe.ai Raises $54 Million Series B Funding To Fuel The Next Phase Of Growth

One of the leading AI-based call-centre startups, Observe.ai announced that the company has closed a $54 million Series B round of funding led by Menlo Ventures, with participation from Next47 Ventures, and NGP Capital.

According to sources, with the help of this funding, the company will expand its go-to-market programs in both the Indian and US offices and will continue to invest in the research and development to add further capabilities in various areas, such as real-time coaching, omnichannel support, and interaction analytics.

Founded in 2017 by Sharath Keshava Narayana, Swapnil Jain and Akash Singh, Observe.ai is a voice AI platform that transforms customer experiences as well as improves agent performance by helping top brands to analyse calls and streamline quality assurance workflows. The company utilises various techniques like agent assistance, automatic speech recognition, and Natural Language Processing (NLP) to make advancement and improve the call quality.

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