16 June 2020
During its annual Club Talentsoft conference, Talentsoft, the European leader in cloud-based human capital management, announced the acquisition of Crafty, a talent matching solution powered by intelligent algorithms and a dynamic skills graph. This acquisition will enable Talentsoft to accelerate its international growth goals and strengthen its portfolio of HR tech innovations
Talentsoft, the expert in talent transformation
Talentsoft will soon integrate Crafty’s innovative “matching” technology seamlessly into its existing products, offering customers a new and powerful turnkey solution for identifying the employee skills and competencies that already exist within their organizations. Whether it’s a matter of managing skills-related employee data to anticipating future skills-based or training needs, Crafty’s proprietary technology coupled with Talentsoft’s innovative cloud-based platform will give businesses a leading edge in retaining top talent, transforming the employee experience, and supporting professional career growth like never before.
Driving personal and professional development through innovative technology
Business practices today are changing at an increasingly rapid pace. As a result, businesses have faced a number of challenges around identifying new skills-based needs within their organizations, reinforcing and strengthening existing employee skills, adopting new digital tools and technologies, and keeping up with the evolution of job functions in a predominantly digital world.
With the acquisition of Crafty, Talentsoft will combine the power of Artificial Intelligence (AI) with skills matching to make it easier for businesses to offer their employees new opportunities: new projects, internal mobility, relevant training, skills development, and more. And because this will be seamlessly integrated into Talentsoft’s existing solutions, it will reinforce Talentsoft’s commitment to innovation while helping businesses remain competitive by giving them a new way to fuel the personal and professional development of their employees.
“We are delighted to integrate Crafty’s experts into Talentsoft’s R&D teams. Combining our focus on innovation with this new way to manage skills-based data dynamically, this acquisition will help us accelerate the development and deployment of solutions that support the internal mobility and development of talent within organizations. Our customers are eagerly awaiting a tool like this, especially as they are faced with a need to redistribute talent following this health and economic crisis,” says Alexandre Pachulski, Co-Founder and Chief Product Officer, Talentsoft.
“The HR startup ecosystem has gained a lot of momentum since the beginning of 2020. It’s with great pride that we can become a part of the European leader in HR tech—even better knowing that it’s a French company! The synergy between our products shows a lot of promise. Both Crafty and Talentsoft share a common vision around talent development. This acquisition opens up new opportunities to grow in ways that our own means or speed to market couldn’t have afforded us in the past,” explains Pierre-Antoine Roy, CEO and Founder, Crafty.