About
Overview of Eightfold AI
- What is Eightfold AI?
Eightfold AI is a cutting-edge Talent Intelligence Platform designed to revolutionize the way organizations manage their talent acquisition and workforce planning. Its primary purpose is to enhance the recruitment process by utilizing advanced artificial intelligence (AI) technology to identify, attract, and retain top talent. The platform targets businesses of all sizes that are seeking to optimize their human resource management strategies. Eightfold AI addresses several key problems in the talent management sector, including the inefficiencies of traditional recruitment methods, the challenge of matching candidates to the right roles based on skills, and the need for organizations to promote diversity and reduce bias in hiring.
- Summary of Eightfold AI Software
Eightfold AI offers a user-friendly platform with an intuitive interface that simplifies the complexities of talent management. Key features include:
- Talent Acquisition: Streamlined recruitment processes that leverage AI to match candidates to roles based on their skills and experiences.
- Talent Management: Tools for managing employee development, including upskilling and reskilling opportunities.
- Workforce Exchange: Facilitates connections between organizations and contingent workers.
- Integration Capabilities: Seamlessly integrates with existing HR tools, making it easier for businesses to adopt and implement the platform.
- Diversity and Inclusion: Implements features aimed at enhancing diversity in hiring and promoting equitable practices.
- Why Choose Eightfold AI Over Competitors?
The reasons to select Eightfold AI over its competitors include:
- AI-Driven Insights: The platform utilizes deep-learning AI to provide actionable insights, enabling organizations to make data-driven decisions in real-time.
- Skills-Based Hiring: Focuses on matching candidates with roles based on their skills rather than just their resumes, improving placement accuracy and employee satisfaction.
- Comprehensive Talent Solutions: Offers a holistic approach to talent management that encompasses acquisition, development, and retention, all within a single platform.
- Ethical AI Practices: Committed to responsible AI usage, ensuring compliance with regulations and promoting ethical hiring practices.
- Proven Success: Trusted by major organizations, including the Department of Defense and Ernst & Young, which have successfully improved their recruitment processes and addressed skill gaps using the platform.
- Ideal User Groups for Eightfold AI
Eightfold AI is best suited for a variety of user groups, including:
- Large Enterprises: Organizations looking to streamline their complex talent management processes across multiple departments.
- HR Professionals: HR teams seeking advanced tools to enhance recruitment efficiency and employee development.
- Small to Medium Businesses (SMBs): Businesses that want to leverage AI technology to compete for talent against larger firms without extensive HR resources.
- Diversity Advocates: Organizations focused on improving diversity, equity, and inclusion within their workforce.
Specific use cases where Eightfold AI excels include:
- Recruitment Optimization: Automating candidate sourcing and matching to reduce time-to-hire and improve candidate experience.
- Employee Development: Identifying skill gaps and providing tailored learning opportunities to enhance employee engagement and retention.
- Workforce Planning: Utilizing data-driven insights to make informed decisions about staffing and project assignments.
In conclusion, Eightfold AI stands out as a transformative solution in the talent management landscape, equipped with robust AI capabilities, a comprehensive suite of features, and a commitment to ethical practices, making it a preferred choice for organizations aiming to improve their talent acquisition and management strategies.
Features
Detailed Overview of Eightfold AI Core Features
Reporting Capabilities in Eightfold AI
Eightfold AI offers robust reporting features that track several key metrics, empowering businesses to make data-driven decisions. These include:
- Quality of Hire: Measures the effectiveness of recruitment strategies and ensures alignment with organizational goals.
- Employee Turnover Predictions: Provides insights into potential turnover risks, enabling proactive retention strategies.
- Inclusion and Diversity Metrics: Tracks diversity within the organization, helping businesses foster an inclusive workplace.
- Employee Growth Rates: Evaluates internal mobility and career development opportunities, ensuring employees have growth pathways.
- Training Impacts: Analyzes the effectiveness of training programs and their influence on employee performance.
- Employee Engagement: Monitors engagement levels, ensuring a motivated and productive workforce.
Businesses can leverage these insights to enhance recruitment, retention, development, and overall operational effectiveness.
Key Integrations Available in Eightfold AI
Eightfold AI integrates with leading consulting and technology firms, enhancing its talent management capabilities:
- Consulting Firms: Partnerships with Deloitte, Accenture, and PwC provide users with valuable expertise for competitive talent management.
- Technology Integrations: Includes ATS, HRIS, and LMS partnerships for seamless data synchronization and workflow optimization.
These integrations streamline processes, reduce manual efforts, and ensure that businesses effectively manage their talent.
Mobile Applications in Eightfold AI
Eightfold AI offers mobile apps for both iOS and Android platforms. Key features include:
- Candidate Experience: Simplifies career site navigation.
- Candidate Relationship Management: Enhances engagement through personalized content.
- AI-Powered Screening: Matches candidates based on skills rather than keywords.
- Interview Scheduling: Automates scheduling, saving time.
- Diversity Hiring: Promotes fair hiring practices.
- Internal Mobility and Upskilling: Empowers employees with growth opportunities.
These apps cater to recruiters, candidates, and employees, ensuring productivity and engagement on the go.
Single Sign-On in Eightfold AI
Eightfold AI supports Single Sign-On (SSO) via SAML 2.0, compatible with platforms like Microsoft Azure AD, Okta, and Google Workspace. Benefits include:
- Convenience: Single login for multiple applications.
- Enhanced Security: Supports MFA and centralized access control.
- Productivity: Reduces time spent on logins.
SSO simplifies user authentication, enhancing security and user experience.
Automation Features of Eightfold AI
Eightfold AI automates repetitive tasks in recruitment and talent management:
- Workflow Automation: Moves candidates through hiring stages automatically.
- Interview Scheduling: Simplifies scheduling with automated requests.
- Personalized Career Sites: Maintains updated job descriptions.
- Upskilling Plans: Designs personalized development plans.
- Skills Assessment Integration: Streamlines candidate evaluation.
These features save time, optimize workflows, and improve productivity.
Security Measures in Eightfold AI
Eightfold AI ensures robust data protection through:
- GDPR Compliance: Simplifies data management and user rights.
- SOC 2 and ISO Certifications: Demonstrates commitment to security and privacy.
- Advanced Data Protection: Encrypts data and enforces access control.
- Compliance with Other Standards: Adheres to CCPA, FedRAMP, and more.
These measures build trust and ensure compliance with global data protection standards.
API Capabilities in Eightfold AI
Eightfold AI offers a RESTful API with features like:
- Core Entity Access: Manage profiles, jobs, and candidates programmatically.
- Customization: Build tailored workflows and systems.
- Webhook Support: Automates data synchronization.
- Rich Documentation: Guides for secure and efficient integration.
The API enhances customization and integration opportunities, supporting seamless workflows.
Deployment Options in Eightfold AI
Eightfold AI provides three deployment options:
- Cloud-Based:
- Pros: Scalable, cost-effective, requires minimal IT resources.
- Cons: Relies on internet connectivity and third-party hosting.
- On-Premises:
- Pros: Greater control over data and security.
- Cons: Higher setup and maintenance costs.
- Hybrid:
- Pros: Combines the flexibility of cloud with the control of on-premises.
- Cons: Requires a more complex setup and integration.
Each option caters to varied organizational needs, ensuring flexibility and operational efficiency.
Location
Locations and Branches
Headquarters:
Eightfold.ai’s headquarters is located at:
2625 Augustine Drive, Suite 601, Santa Clara, CA 95054, United States.
Branch Offices:
- Europe:
- Eightfold AI UK Limited
Address: 52 Grosvenor Gardens, Floor 8, London, UK, SW1W 0AU - Eightfold AI IRE Limited
Address: 32 Merrion Street Upper, Dublin, Ireland, D02KW80
- Eightfold AI UK Limited
- Asia Pacific:
- Eightfold AI India Pvt Ltd
Address: WeWork Berger Delhi One, Floor 18, C-001/A2, Sector 16B, Noida, Uttar Pradesh, 201301 - Eightfold AI India Pvt Ltd
Address: WeWork Prestige Cube, Site No. 26 Laskar, Hosur Road, Bengaluru, Karnataka 560029
- Eightfold AI India Pvt Ltd
Support
Email Support:
- General inquiries: info@eightfold.ai
- India-related queries: india@eightfold.ai
Phone Support:
– Available at 888-325-8222.
Support Hours and Response Times:
Specific support hours and response times are not explicitly stated. However, users are encouraged to reach out via the provided contact methods for assistance.
For more detailed inquiries, users can visit their official website at Eightfold.ai or their contact page for additional information.
History and Team
Year Founded
Eightfold AI was founded in the year 2016.
Number of Employees
The company currently employs between 201 and 500 people.
Team
Below is a table detailing the founders of Eightfold AI and their positions:
| Name | Position |
|---|---|
| Ashutosh Garg | Co-Founder and CEO |
| Varun Kacholia | Co-Founder and CTO |
Pricing
Pricing Plans
| Pricing Tier | Cost | Features Included |
|---|---|---|
| Free Plan | Not Available | No free version of the platform is offered. |
| Premium Plan | Pricing on Request |
|
Additional Information:
- Eightfold does not publish specific pricing details publicly; interested parties are encouraged to contact their sales team for tailored pricing based on specific needs.
- The platform is recognized for its ability to transform HR practices through AI, enhancing efficiency and effectiveness in talent management.
- Eightfold’s services are trusted by numerous high-profile organizations, highlighting its credibility in the market.
Funding and market
Industry
Eightfold AI operates in the Human Resources (HR) technology industry, focusing on talent management and acquisition through advanced artificial intelligence (AI) solutions. Their core offering is the AI-powered Talent Intelligence Platform, which helps organizations attract, retain, and develop talent efficiently.
The HR tech industry has undergone a transformation in recent years, driven by the increasing adoption of data-driven decision-making and automation. Trends such as the rise of remote work, diversity, equity, and inclusion (DEI) initiatives, and the need for personalized employee experiences have shaped this industry. Eightfold AI stands out by leveraging deep learning and vast datasets to provide predictive insights into talent management, addressing skill gaps, and optimizing workforce strategies.
Market
Eightfold AI operates in a robust market within the HR technology industry. The global HR technology market is projected to grow from USD 35.8 billion in 2023 to USD 76.48 billion by 2030, with a CAGR of 12.7%. Additionally, the AI in HR market, which Eightfold AI specifically targets, is valued at USD 4.3 billion in 2023 and is expected to grow to USD 25 billion by 2031, with a CAGR of 24.8%.
Eightfold AI holds a significant market share of 14.65%, positioning itself as the second-largest player in the talent marketplace. Their focus on AI-driven recruitment, employee engagement, and talent retention solutions gives them a competitive edge in this expanding market.
Funding
Eightfold AI has raised a total of $410 million over five funding rounds. The most recent funding round, Series E, took place on June 10, 2021, raising $220 million and valuing the company at $2.1 billion. This significant funding highlights investor confidence in Eightfold AI’s innovative approach to addressing challenges in HR technology.
Stocks
Eightfold AI is a privately held company and is not publicly traded. As a result, there is no official stock ticker symbol for the company. Investments in Eightfold AI are currently limited to accredited investors through private markets.
For more information, you can learn about Eightfold AI’s funding and valuation details via Crunchbase or see industry trends on MarketWatch.
This comprehensive overview covers Eightfold AI’s industry, market, funding, and stock-related information in detail.
Latest news
Latest News and Updates about Eightfold.ai
Future of Work Archives – Eightfold.ai
Eightfold.ai’s blog features insights and stories to aid HR transformation. Recent posts include:
- My top takeaways on AI from Davos: Insights from the World Economic Forum Annual Meeting in Davos, focusing on AI’s role in workforce transformation.
- 3 takeaways on AI from Josh Bersin’s ‘Rise of the Superworker’: A summary of the Josh Bersin Company’s report emphasizing AI adoption in HR.
- 6 things we learned from Deloitte on tech talent transformation: A guide to workforce planning and utilizing hidden skills to drive success.
Eightfold AI announces $220 million funding round
Date: February 2025
Eightfold AI secured a $220 million Series E funding round, increasing its total funding to $410 million. This highlights the company’s growth and its focus on expanding AI-driven talent solutions.
Eightfold AI Continues its Momentum, Building on Its Innovative Growth and 2024 Achievements
Date: February 11, 2025
The company highlights its advancements, including launching the Josh Bersin Company HR Career Navigator, an AI-powered development coach for HR professionals.
2023 in review: Unpacking the year’s most impactful content
Date: December 21, 2023
This blog reflects on 2023, covering topics such as AI in HR, economic trends, and the evolving role of talent intelligence. It emphasizes the importance of AI in adapting to workforce changes.
Press Releases – Eightfold.ai
Recent press releases include:
- Foley Equipment Goes Live with Eightfold AI Talent Tracking
- Eightfold AI Has Joined the World Economic Forum’s Global Innovator Community
These updates showcase Eightfold.ai’s commitment to innovation in the talent management space, significant funding achievements, and its recognition by global organizations.
Search Trends
Search Volume Analysis for Eightfold AI
To understand the popularity and trends of Eightfold AI, we analyzed search volume data for relevant keywords. The table below provides a detailed overview of the search volume and competition for each keyword:
| Keyword | Search Volume | Competition | Competition Index | Low Top of Page Bid (USD) | High Top of Page Bid (USD) | CPC (USD) |
|---|---|---|---|---|---|---|
| Eightfold AI | 3,600 | LOW | 28 | 0.48 | 18.79 | 2.68 |
| AI recruiting | 2,900 | MEDIUM | 35 | 8.27 | 30.75 | 32.57 |
| Talent Intelligence | 320 | LOW | 21 | 3.77 | 12.54 | 16.23 |
| Agentic AI | 14,800 | MEDIUM | 59 | 4.48 | 68.21 | 57.51 |
| Talent Acquisition | 14,800 | LOW | 20 | 4.42 | 26.43 | 13.51 |
| Workforce Exchange | 1,600 | LOW | 8 | 0.45 | 2.16 | 1.83 |
| AI Talent Management | 40 | LOW | 18 | 9.44 | 23.21 | 14.79 |
Popularity Trends and Insights
Based on the search volume data, Eightfold AI shows a moderate level of popularity with a search volume of 3,600 for the specific keyword “Eightfold AI.” The company-related keywords “Talent Acquisition” and “Agentic AI” have significantly higher search volumes of 14,800 each, indicating broader interest in these areas of their service offering.
Key Trends:
- Eightfold AI’s Position in the Market: As per 6sense, Eightfold AI holds a 14.65% market share in the talent marketplace category, ranking second among competitors. This reflects its strong presence and growing recognition.
- Focus on AI Talent Solutions: The higher search volume for “Agentic AI” highlights interest in generative AI capabilities, which Eightfold AI actively incorporates in its platform.
- Demand for Talent Acquisition Tools: The popularity of “Talent Acquisition” aligns with Eightfold AI’s core offerings in AI-driven recruitment solutions.
Why These Trends Exist
The observed trends can be attributed to the following factors:
- Innovative AI Features:
Eightfold AI’s platform, as detailed in Tools for Humans, uses deep-learning AI to streamline talent management processes. It supports skills-based hiring, internal job matching, upskilling, and reskilling, which are in high demand in today’s HR landscape. - Market Leadership:
Eightfold AI’s market positioning, as reported by 6sense, demonstrates its leadership in the talent intelligence space. The company’s ability to leverage insights from over 1 billion career trajectories further establishes its credibility. - Agentic AI Innovations:
The introduction of Agentic AI, as explained on Eightfold’s official website, appeals to businesses seeking advanced, generative AI solutions for talent acquisition and management. This innovation likely contributes to the high search volume for “Agentic AI.” - Comprehensive Workforce Solutions:
Eightfold AI’s offerings, such as Workforce Exchange and Resource Management, address critical HR challenges. These features enhance the platform’s appeal and drive search interest.
Conclusion
Eightfold AI’s search volume trends reflect its innovative approach to talent management and its growing market presence. The company’s focus on generative AI and skills-based solutions aligns with current industry demands, driving its popularity. For more details, visit the official Eightfold AI website.
Review
Customers
- EPAM Systems Inc
- Website: epam.com
- Country: United States
- Revenue: >$1000M
- Company Size: >10,000 employees
- Usage: EPAM utilizes Eightfold.ai to enhance its talent acquisition processes, leveraging AI for better candidate matching and workforce planning.
- Accenture PLC
- Website: accenture.com
- Country: Ireland
- Revenue: >$1000M
- Company Size: >10,000 employees
- Usage: Accenture employs Eightfold.ai to streamline its recruitment strategies and optimize employee engagement through predictive analytics.
- Wipro Ltd
- Website: wipro.com
- Country: India
- Revenue: >$1000M
- Company Size: >10,000 employees
- Usage: Wipro integrates Eightfold.ai to enhance its talent management and retention strategies, utilizing data-driven insights to guide hiring decisions.
- Granular, Inc.
- Website: granular.ag
- Country: United States
- Revenue: $10M-$50M
- Company Size: 50-200 employees
- Usage: Granular leverages Eightfold.ai for improving workforce planning and resource allocation, ensuring the right talent is in place for their operations.
- Tata Consultancy Services Ltd
- Website: tcs.com
- Country: India
- Revenue: >$1000M
- Company Size: >10,000 employees
- Usage: TCS employs Eightfold.ai to enhance its recruitment process and talent discovery, utilizing its AI capabilities to identify suitable candidates efficiently.
Additional notable mentions include Bayer and Booking.com, which also utilize Eightfold.ai for various HR and talent management functions, but detailed operational insights were not specified in the sources.
Alternatives
| Alternative | Features | Pricing | Target Audience |
|---|---|---|---|
| iMocha | AI-driven Skills Intelligence Cloud, skills mapping, assessments, gap analysis, internal mobility tools. | Custom pricing | Enterprises focused on skills assessment and workforce development. |
| Gloat | Internal talent marketplace, skills-based hiring, project staffing, workforce agility. | Custom pricing | Organizations looking for internal talent management. |
| Cornerstone | Integrated talent management suite, skills development, performance management. | Custom pricing | Companies emphasizing employee learning and development. |
| Handshake | Campus recruiting tools, virtual career fairs, automated outreach campaigns. | Custom pricing | Employers targeting early career talent. |
| Lightcast | Labor market analytics, real-time job market trends, skills demand insights. | Custom pricing | Organizations needing labor market data for workforce planning. |
| Avature | Customizable recruiting and onboarding solutions, HR case management. | Custom pricing | Large enterprises with complex recruiting needs. |
| SeekOut | AI-powered candidate sourcing, diversity hiring tools, internal talent marketplace. | Starting at $99/month | Companies focused on diversity and talent acquisition. |
| Pymetrics | Gamified assessments, AI for unbiased matching, focus on soft skills. | Custom pricing | Organizations prioritizing diversity and soft skills evaluation. |
| Neobrain | Skills mapping, internal mobility tools, strategic workforce deployment. | Custom pricing | Businesses looking to optimize workforce capabilities. |
| iCIMS Talent Cloud | End-to-end talent acquisition tools, AI-powered applicant tracking, candidate engagement. | Starting at $300/month | Companies needing a comprehensive talent management solution. |
In conclusion, these alternatives to Eightfold.ai provide a range of features tailored to different talent management needs, from skills assessment and internal mobility to campus recruiting and diversity hiring. Each option has customizable pricing, making it essential for organizations to evaluate their specific requirements and goals when selecting the best fit. For further insights, you can explore more about these tools on platforms like iMocha’s blog and G2’s alternatives page.
