Eightfold AI is a Talent acquisition and management company that was founded by Ashutosh Garg and Varun Kacholia in 2016. The company’s flagship product is a holistic platform powered by deep learning AI that enables users to attract, retain and grow the best industry talent.

Eightfold AI also helps job seekers identify previously overlooked career opportunities, polish their resumes, build meaningful careers, and upskill or reskill. 

How does this platform work?

Eightfold’s so-called “Talent Intelligence Platform” incorporates the largest talent dataset in the world to allow businesses to avoid the limitations of resumes and make confident, unbiased recruiting decisions.

The platform itself is comprised of four key products.

1 – Talent Acquisition

While most recruitment solutions screen people out, Eightfold is focused on inclusion. In other words, it encourages recruiters to see beyond resumes and consider an individual’s potential. 

Eightfold’s AI takes care of much of the sourcing, screening, and scheduling process. On the candidate side, it also helps minorities (who tend to undersell themselves) explore positions where they may excel. This boosts their confidence level and increases the likelihood that a business will find a suitable hire.

To further increase diversity and also reduce bias, candidate profiles are masked and AI provides real-time diversity and equity analytics to ensure the company is meeting its targets.

2 – Talent Management

This product provides a unified view of talent across an organization so that it can make data-driven talent decisions and create engaging employee experiences. 

This encompasses career planning, skills development, internal mobility, talent redeployment, and a talent marketplace where employees can access a central hub of projects, jobs, and events. 

Deep learning AI is also used to establish succession planning. This enables managers to see an employee’s role readiness based on their skills (and not their connections).

3 – Talent Flex

Eightfold’s Talent Flex is an AI-powered talent-sourcing solution for HR departments and procurement companies. The solution enables recruiters to source and manage short-term or temporary workers in a robust and efficient manner.

Here, the AI recommends workers at scale based on their experience, capabilities, and potential to excel in specific assignments. This enables Eightfold clients to better match candidates to positions whilst also shortening the time to fill and saving money.

4 – Workflow Exchange

Lastly, Workflow Exchange is an AI-powered job marketplace that connects individuals with meaningful work or career progression opportunities. The marketplace enables job seekers to find rewarding work faster and businesses to find suitable talent more easily.

Job seekers can also access training recommendations based on their skills, experience level, and potential. This includes a detailed overview of current, adjacent, and inferred skills that some individuals may not be aware they possess.

Those looking for work can also create an autogenerated resume with the help of AI based on an existing CV, public career profile, or personal profile. There is also the option to create a new resume from scratch with detailed descriptions that better address role competencies. 

Key takeaways:

• Eightfold AI is a talent acquisition and management company that was founded by Ashutosh Garg and Varun Kacholia in 2016. The company’s flagship product is a holistic platform powered by deep learning AI that enables users to attract, retain and grow the best industry talent.
• Eightfold’s so-called “Talent Intelligence Platform” incorporates the largest talent dataset in the world to allow businesses to avoid the limitations of resumes and make confident, unbiased recruiting decisions. Comprising the platform are four key products.
• Eightfold’s AI takes care of much of the sourcing, screening, and scheduling process during talent acquisition. In terms of talent management, it also provides a unified view of organizational talent so that recruiters can make data-driven talent decisions.
• Eightfold’s Talent Flex is an AI-powered talent-sourcing solution for HR departments and procurement companies that addresses short-term, temporary, or freelance talent. Lastly, Workflow Exchange is an AI-powered job marketplace that connects individuals with meaningful work or career progression opportunities.

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