Last Updated on January 31, 2024 by Ivan Cocherga
Eightfold AI is a talent intelligence platform that leverages artificial intelligence to transform the way organizations manage talent. It’s designed to assist companies in retaining top performers, upskilling and reskilling the workforce, efficiently recruiting top talent, and achieving diversity goals. The platform is powered by deep learning AI, aiming to make talent management a competitive advantage for enterprises.
Pros of Eightfold AI include its comprehensive suite of talent intelligence features such as continuous AI model training, skills mapping, anonymous screening, bias-mitigating algorithms, diversity reporting, and AI-based role definition. It also offers features for candidate modeling, talent rediscovery, automated candidate evaluation, internal mobility recommendations, and risk talent scoring. The platform integrates well with existing Applicant Tracking Systems (ATS) and recruitment systems, enhancing the talent acquisition and management processes. Customers of Eightfold AI have reported significant outcomes, including faster time-to-hire, lower cost-to-hire, improved retention rates, and increased diversity among applicants.
However, there are also some challenges noted by users. While the platform’s automated candidate evaluation and scoring are generally appreciated, the quality of internal mobility recommendations and at-risk talent scoring received mixed feedback. Some users have also pointed out the need for improvements in the platform’s metrics and calibration abilities, citing the need for more precise data exports and better matching of data fields with those in the ATS.
Eightfold AI is particularly beneficial for large enterprises, with a significant portion of its user base consisting of companies with more than 500 employees. The platform is offered as a cloud-based solution, available on an annual subscription basis, which includes licensing, access, training, and support.
In terms of pricing, while specific figures were not available, the services are structured as an annual subscription that encompasses various elements of the platform’s offering. This approach suggests that the cost may be tailored based on the size of the organization and the specific services utilized.
Overall, Eightfold AI presents a robust solution for organizations looking to leverage AI in talent management, offering a range of features to enhance the recruitment process and employee development. It’s important for potential users to consider both the strengths and the areas for improvement in the platform to determine if it aligns with their specific talent management needs【5†source】【6†source】.
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