STOCK TITAN

Eightfold AI Collaborates with Wipro to Transform Talent Management

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
AI
Rhea-AI Summary

Eightfold AI and Wipro have announced a collaboration aimed at transforming talent management and skills development. Wipro will utilize Eightfold AI's Talent Intelligence Platform™ to create personalized career pathways, facilitate employee upskilling, and enhance internal mobility by matching skills to projects. The initiative is designed to improve talent allocation and retention, consolidating HR capabilities into a globally cohesive offering.

According to Ashutosh Garg, Co-founder and Co-CEO of Eightfold AI, AI is important for proactive talent management. Sanjeev Jain, Global Head of Business Operations at Wipro, added that the collaboration will enhance Wipro's ability to serve clients and support employee career ambitions. The platform will align with Wipro's Responsible AI framework.

Positive
  • Collaboration aims to transform talent management and skills development.
  • Wipro to leverage Eightfold AI's Talent Intelligence Platform™.
  • Platform will create personalized career pathways.
  • Facilitates ongoing upskilling and training opportunities.
  • Enhances internal mobility by matching skills to projects.
  • Aims to improve talent allocation and retention.
  • Consolidates HR capabilities into a globally cohesive offering.
  • Supports Wipro's Responsible AI framework.
Negative
  • Potential high implementation costs.
  • Risk of AI technology not meeting expectations.
  • Dependence on Eightfold AI for talent management tools.
  • Possible resistance from employees to new AI-driven processes.

SANTA CLARA, Calif., May 16, 2024 /PRNewswire/ -- Eightfold AI, the leader in AI-powered talent intelligence, today announced a collaboration with Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, to optimize talent management and promote skills development.

Wipro will leverage Eightfold AI's Talent Intelligence Platform™ to proactively transform talent development and management. The platform will be used to create personalized career pathways and to provide ongoing upskilling and training opportunities for Wipro employees. It will also increase internal mobility by matching talent and skills to available projects, enabling better and faster allocation of talent.

Ashutosh Garg, Co-founder and Co-CEO, Eightfold AI, said, "AI is a foundational element in proactively hiring, nurturing and developing the right talent to meet client needs, and we are proud to work with Wipro to shine a light on this new way of doing business."

"We believe in ensuring that the right skills are deployed for the right projects, at the right time, at the right place," said Sanjeev Jain, Global Head of Business Operations, Wipro Limited. "Our collaboration with Eightfold AI, will help us drive internal mobility by smartly updating associate profiles and matching their skills with open demands. It will help us build bespoke learning pathways at scale and improve retention. All of which will help enhance our ability to serve our clients, while allowing our associates to realize their career ambitions."

Using Eightfold's Talent Intelligence Platform™, Wipro will consolidate the capabilities of its existing HR technology into one cohesive offering that can be leveraged globally. The platform will be deployed in full adherence to Wipro's Responsible AI framework that puts employees at the center of AI transformation.

To learn more about how Wipro and other leading organizations are leveraging Talent Intelligence for talent management, resource management, and talent acquisition, join the Eightfold team at the Cultivate 2024 conference.

About Eightfold AI
Eightfold AI's market-leading Talent Intelligence Platform™ helps organizations retain top performers, upskill and reskill their workforce, recruit talent efficiently, and reach diversity goals. Eightfold's patented deep learning artificial intelligence platform is available in more than 155 countries, across 24 languages, and 20+ verticals, enabling cutting-edge enterprises to transform their talent into a competitive advantage. For more information, visit www.eightfold.ai.

Cision View original content:https://www.prnewswire.com/news-releases/eightfold-ai-collaborates-with-wipro-to-transform-talent-management-302147183.html

SOURCE Eightfold AI

FAQ

What did Eightfold AI and Wipro announce?

Eightfold AI and Wipro announced a collaboration to transform talent management and skills development.

How will Wipro utilize Eightfold AI's platform?

Wipro will use Eightfold AI's Talent Intelligence Platform™ to create personalized career pathways, facilitate upskilling, and improve internal mobility.

What benefits does the collaboration between Eightfold AI and Wipro bring?

The collaboration aims to enhance talent allocation, improve employee retention, and consolidate HR capabilities globally.

When was the collaboration between Eightfold AI and Wipro announced?

The collaboration was announced on May 16, 2024.

What is the stock symbol for Wipro?

The stock symbol for Wipro is WIT.

Wipro Limited

NYSE:WIT

WIT Rankings

WIT Latest News

WIT Stock Data

34.94B
5.23B
3.1%
0.57%
Information Technology Services
Technology
Link
United States of America
Bengaluru