Workday Adds Talent Data Intelligence With HiredScore Acquisition
The Wire: Combined products will offer customers a more comprehensive talent solution that leverages data analysis for recruiting and talent mobility.
Workday plans to acquire HiredScore, whose products help integrate data analysis into recruiting and talent mobility processes. Combining Workday Talent Management, Workday Skills Cloud and HiredScore's Talent Orchestration solutions will provide customers with a more comprehensive and transparent talent solution, the company said.
The deal “marks a new era of talent acquisition innovation,” wrote Aptitude Research Head of Strategy & Principal Analyst Kyle Lagunas. Workday has spent years overcoming talk of gaps in its recruiting products to become one of the leaders in talent acquisition, he said. Meanwhile, HiredScore has “slowly-but-surely [led] the way in advanced AI solutions for some of the world's most expert talent acquisition teams.”
“HiredScore is the perfect complement to our product portfolio as we look to provide AI solutions that deliver real business value for our customers,” said Workday CEO Carl Eschenbach. HiredScore founder and CEO Athena Karp believes the combination will allow the companies to deliver “even more value to companies around the world as they look to build their future HR function.”
Complementing Each Other
Together, the companies said they’ll be able to:
Apply AI to recruiting challenges: Both companies say they’re committed to responsible AI and keeping humans at the center of decision-making. So, the joint offering will provide “an explainable and trustworthy way” for customers to identify and match candidates with appropriate positions and manage talent throughout their ecosystems.
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