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Phenom People Inc. has acquired Edge Networks Pvt. Ltd., a talent mobility platform, to enhance its workforce planning capabilities. Edge, founded in 2012, specializes in AI-driven talent management solutions tailored for the IT and banking sectors. This acquisition aims to integrate advanced resource planning features into Phenom's existing platform, enabling better strategic workforce planning across various industries.
Edge's flagship product, Edge Pathfinder, offers personalized career development paths for employees, while Edge Recruit optimizes recruitment through AI job matching. The acquisition is expected to significantly improve internal talent mobility and resource allocation, helping organizations adapt to the fast-evolving AI landscape. Phenom's CEO emphasizes the importance of leveraging AI and automation to enhance employee experiences and meet the growing demands of professional service companies.
• Phenom acquires Edge to enhance AI-driven workforce planning capabilities.
• Edge's AI solutions improve talent management and recruitment processes.
Talent management involves strategies for recruiting, developing, and retaining employees, as discussed through Edge's offerings.
AI job matching uses algorithms to align candidates with job roles, exemplified by Edge Recruit's functionality.
Upskilling refers to enhancing employees' skills, a key feature of Edge's AI-driven recommendations.
Phenom is an AI-based HR company focused on improving workforce planning and employee experiences.
Edge specializes in AI-driven talent management solutions, enhancing recruitment and internal mobility.
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