ENGAGE Talent and PredictiveHR will jointly offer an AI-driven talent analytics platform that melds internal employee data with analytics on industries and competitors.
The companies say this is the first product to compile an organization’s internal talent data, AI-driven metrics on its talent data and people, external data on industry and competitors, and analytics and reporting on all of the information on one platform..@ENGAGE_Talent & PredictiveHR @TalentData will offer talent analytics platform that melds internal employee data with analytics on industries, competitors. #HR #HRTech Click To Tweet
The platform will help enterprises recruit, engage and retain employees, align internal data, and manage workforce decisions in one place, said ENGAGE Talent CEO Joe Hanna.
It combines PredictiveHR’s data integration and optimization to bring data from a customer’s ATS, HR management platform and other systems into the ENGAGE platform. From there, enterprises can predict company and market performance, identify employees who are most likely to leave, and improve their talent acquisition, retention and other workforce initiatives.
ENGAGE Talent’s primarily known for its Total Talent Intelligence, while helps companies improve recruiting, engagement and retention. PredictiveHR offers SaaS-based machine learning services to drive people analytics.
Hanna believes the time is right for the joint solution because of the high demand for candidates across the economy. ENGAGE predicts that employees in a number of roles–such as software engineers, CMOs and nurses–are considering changing jobs. Such dynamics are pressuring organizations to be more strategic in their approach to recruiting and retention. The ENGAGE-PredictiveHR platform will help employers do that by refreshing their existing talent data with candidate profile data.
Founded in 2014, ENGAGE has raised a total of $10 million in funding, with the latest round–of $3.5 million–coming in May 2019. The company announced an integration with iCIMS that same month.
In June, PredictiveHR raised $1 million from angel investors. The company’s platform normalizes employee data that is unstructured and stored across multiple HR systems into one data set to simplify the generation of people analytics. PredictiveHR was started in 2016.
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