Company Overview

About Eightfold

Eightfold Details

Founded

2016

Revenue

$51M

Funding

$397M

Team Size

800

What SIA Thinks

Eightfold software is designed to help businesses find, hire, and retain the best talent with greater ease and efficiency. It focuses on making the recruiting process smarter and smoother by using advanced technology to match job seekers with opportunities that fit their skills and career goals.

At its core, Eightfold allows companies to tap into a broader pool of candidates, not just those actively looking for a job. It considers a wider range of factors beyond just a resume, such as skills, experiences, and potential, to ensure a better fit for both the employer and the employee. This results in more meaningful connections and helps businesses address their talent needs quicker.

Employers can use Eightfold to streamline their hiring processes, minimizing the time and effort typically required. The software can analyze existing employee data to recommend potential candidates for new roles within the organization, supporting career growth and retention. It also helps in building a diverse and inclusive workplace by ensuring that all candidates are considered fairly and without bias.

For job seekers, Eightfold offers a more personalized experience. It helps them understand how their current skills align with different job opportunities and provides suggestions for additional skills they might need to advance their careers. This personalized approach can make job searching less daunting and more focused.

In summary, Eightfold software aims to make the hiring process more intelligent and human-centric. It helps businesses and job seekers meet each other more effectively by focusing on potential and fit rather than just keywords on a resume. Whether you’re a company looking to optimize your talent acquisition or a professional seeking better career opportunities, Eightfold provides tools to simplify and improve the process.

Pros and Cons

Pros

  • Time-saving features
  • Easy to use
  • Talent matching
  • Comprehensive analytics
  • Automated recruitment
  • Time-saving features
  • User-friendly interface
  • Efficient recruiting
  • Diverse talent pool
  • Insightful analytics

Cons

  • Learning curve
  • Limited customization
  • Requires internet access
  • Cost considerations
  • Data privacy concerns
  • High initial cost
  • Limited integration
  • Steep learning curve
  • Complex setup
  • Inconsistent support

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