10 Best AI Companies of the Year 2022
Business Fortune

Transform an acquisition and have transformed talent-entrepreneurial fast with eightfold artificial intelligence directly into tradition recruitment and systematic approaches to activities. Through deep and data-driven flexibility, Eightfold is changing everything in an organization's approach to talent acquisition and employee retention as well.
Innovating Recruitment Using AI
At the heart of Eightfold innovation are deep learning-enabled talent-intelligentsia platforms. Such a platform studies beyond conventional hiring frameworks, investigating vast data beyond HRMS, job listings, ATS, and learning systems. This is all aimed at enabling a deep-analysis view of candidate profiles: work history, skills, education, and professional networks-and presenting the early insights to recruiters within the evaluation of likely number of candidates.
However, what Eightfold brings is its learning system that adapts. This learns from successful candidate data and makes it attuned to increasingly adapting its lexicon of what makes a candidate right from a skill perspective and attribute-wise for given roles. Hence bringing fast, informed decisions and easily finding the best-fit talent.
Tips for Avoiding Bias and Promoting Diversity
One of the major issues in recruiting is the fairness and inclusion principles. Addressing this issue Eightfold incorporates real-time diversity analytics and anonymized candidate screening within its platform. These features enable bringing biases from recruitment processes so that hiring decisions are based on candidate potential rather than unconscious biases.
Furthermore, Eightfold has a platform that hires based on potential and not current skills. Such a shift would enable organizations seeking talent that would grow and evolve within the organization to promote an inclusive and diverse working environment.
Enable Value Creation in Talent Management
This is not all the talent management and development that can be done through the Eightfold platform. The Eightfold Career Hub enables organizations to bring personalized career paths for employees in whom they would find appropriate learning and development opportunities. This ensures advancement in careers while acquiring the right set of skills towards making organizational goals.
Further, the Talent Redeployment feature within Eightfold is highly useful for internal mobility purposes. Eightfold helps organizations retain valuable talent within their ranks by identifying candidates with the right skill sets for open roles, cutting hiring time and costs related to external hiring.
Accretive Internal Mobility and Retention
An employee is guaranteed career advancement through Eightfold to sustain happy, satisfied employees in the workplace. The platform also provides internal talent mobility, allowing employees to seek opportunities within the organization while keeping the organization's personnel agile and flexible as the nature of the business changes. This internal movement strengthens organizational culture and reduces turnover among employees as well as saves cost by being employer friendly.
Transforming Talent Strategy
Being the first of its kind to bring together AI, data analytics, and talent together in one platform Eightfold is at the forefront of recruitment and HR tech. But it does revolutionize the talent search, it is all set to bring in "building diverse, skilling and engaging workforces." By hiring for potential, promoting internal mobility, and reducing bias-in-hiring, Eightfold augurs well for transforming the future of talent acquisition into that of an organization. What it offers will cover most challenges as companies continue to face new ones that require a comprehensive way of attracting, retaining, and developing top talents in the organization for sustained success over the long term.
About the Leader
Ashutosh Garg, Co-founder & Chief Executive Officer of Eightfold, With 6000+ research citations, 50+ patents, 35+ peer reviewed research publications, and the outstanding PhD thesis award from UIUC for his PhD thesis in Machine Learning, it’s fair to say that Ashutosh is one of the world’s experts in machine learning. Co-Author of the book “What’s Next for You – The Eightfold Path To Transforming The Way We Hire And Manage Talent”.