Perceptyx, an employee listening and people analytics platform, has acquired Cultivate, a company focused on artificial intelligence-powered leadership development.
Perceptyx’s people analytics platform are designed to help companies understand how their employees feel about their work and create more aligned organizations. Cultivate, on the other hand, leverages AI to scale coaching across an enterprise, enabling stronger workplace relationships and empowering people leaders.Perceptyx has acquired Cultivate, a company focused on AI-powered leadership development. #HR #HRTech Click To Tweet
With the acquisition, the platforms will be combined into a single integrated solution that strengthens the employee experience by closing the gap between signal and action.
Perceptyx CEO John Borland said the integration will give customers access to leadership coaching capabilities and content delivered in a highly personalized way. The company will also introduce an expanded suite of leadership development solutions.
Cultivate co-founder and CEO Joseph Freed, will join Perceptyx to oversee the product development.
Cultivate’s Bag of Tricks
Operating strictly on an opt-in basis, Cultivate captures existing behavioral data in a leader’s own digital communication channels and delivers personalized insights and recommendations.
For example, leaders can see how often they give recognition or provide feedback, whether they make too many ad-hoc meeting requests, or if they communicate or share opinions equally across their team.
Thee platform also allows team members to design their own team norms – such as their times for meetings, focused work or wellness breaks – as a way to improve collaboration and reduce burnout.
Cultivate’s privacy-by-design approach ensures no data is analyzed without consent, and no personally identifiable metrics or insights are shared with others in the organization, the company said.
Last year, Perceptyx acquired Waggl, an employee feedback solution that crowdsources employee comments and ideas in real-time, and CultureIQ, which helps assess current culture and close culture gaps.
“HR leaders are living through the greatest workplace redesign in recent history,” said industry analyst Josh Bersin at the time. “Platforms like Perceptyx, coupled with the new capabilities in these acquisitions, are critical to enabling companies to create the hybrid, productive, and highly engaging employee experience needed for the future.”