AI-driven engine assesses 1000's of data points to better match tech talent to jobs to drive business success
NEW YORK, Oct. 16, 2023 /PRNewswire/ -- Andela, the world's largest private marketplace for technical talent, announced today Andela Talent Cloud, an integrated, end-to-end platform to match global technologists with companies seeking to bolster capacity and skill sets. The Andela platform is an all-in-one, AI-driven solution that provides IT executives with complete transparency of talent profiles and skills assessment results, enabling informed and secure hiring decisions.
"Market leading organizations realize that rewriting their workforce strategies to include global, remote tech talent offers a distinct competitive advantage," said Jeremy Johnson, Andela CEO and Co-Founder. "Andela offers a seamless approach. By combining the world's preeminent private talent marketplace with an AI-driven platform, Andela helps companies scale their teams and deliver projects faster."
Andela Talent Cloud delivers clients greater speed, flexibility, performance, and trust, unlike other approaches to hiring such as in-house recruiting, consulting firms, and outsourcing. The solution allows IT organizations to scale quickly with a highly elastic resource pool and flexible hiring options, to find the right talent for the right role, at the right speed and cost. The platform streamlines the complete hiring lifecycle, helping companies source, qualify, hire, manage, and pay global technologists in one integrated platform. The entire hiring process can take as little as 48 hours and be 30% to 50% more cost efficient.
"Our global client footprint requires us to deliver to anywhere from anywhere. To accomplish this, we need a balanced global talent strategy," said Ikechi Okoronkwo, Global Executive Director, Advanced Analytics at Mindshare. "With Andela, we scale up or down easily as business needs change. They help us quickly find talent that is highly motivated, highly skilled and that embodies a culture of excellence and delivery. The talent hits the ground running which drives maximum value for our clients. Andela de-risks global hiring, so businesses can grow and be competitive."
According to a Gartner® Press Release , "[It] is no surprise that the rate of hiring borderless technology staff doubled in the last three years as increasing retention and hiring has risen to the No. 3 priority for CEOs this year and 2023, said Gabriela Vogel, Senior Director Analyst at Gartner. The COVID-19 pandemic also accelerated borderless hiring, and what began as an exception, is no longer." "Gartner defines borderless workforce as talent working remotely from different countries based on an employment contract made across national borders."1
Andela Talent Cloud features:
Enhanced AI Capabilities
At the core of the Andela Talent Cloud is the Talent Decision Engine™ (TDE) which is powered by AI and data-driven matching algorithms to pair the ideal talent to client specific roles and skills requirements. TDE™ learns from thousands of data points across the hiring lifecycle, assessing a broad data set including both hard and soft skills, experience, title, geography, work preferences, language proficiency, candidate interactions, client feedback, for each and every job position.
TDE™ reduces bias and subjectivity from the recommendation and matching process for each candidate presented for review and acceptance, to ensure a fairer and more accurate match to the job requirements. Further, TDE™ continually evolves for each client by analyzing their interactions across the marketplace as well as talent success, enabling the platform to get smarter over time, improving the ability to match the right talent for future project work.
Andela boasts a 96% talent match success rate and a speed to hire up to 70% faster than traditional recruiting, which is expected to improve as the platform scales from additional interactions and placements.
Predictive performance:
With the acquisition of Qualified in March 2023, Andela has integrated into Talent Decision Engine™ proprietary developer assessment capabilities that help better determine the on-the-job performance of the recommended talent before selection. The top customer-rated assessment platform on G2, Qualified provides over 500 predefined and fully configurable coding challenges to evaluate technical skills objectively at scale.
Qualified uses an evidence-based evaluation process to signal skills-based proof that the engineering candidate can problem solve, make technically knowledgeable decisions, and has the requisite hard and soft skills to fit the role and company culture.
According to a Gartner report, "In turn, 76% of HR leaders who completed Gartner's 2022 HR Budget and Staffing Benchmarking Survey expect headcount to increase well into 2022, with turnover remaining high"2. Given the global need for reskilling and upskilling, Andela will continue to offer AndelaQualify as a standalone developer assessment solution.
Seamless Global Payout Capability
Within Andela Talent Cloud is Pay that manages all aspects of global payouts, currency exchange, and compliance in over 100 countries to ensure that technologists receive funds in a low cost and timely manner. Technologists are paid out directly in USD into a partner wallet of their choice - clients are thus insulated from foreign exchange risk. The partner ecosystem for Pay also runs OFAC checks and Know-Your-Customer reviews on contracted technologists as per applicable regulations to ensure compliance by all remote workers.
Enterprise HRM Integrations
Connect provides integrations to popular Application Tracking (ATS) and Vendor Management Systems (VMS). With this release of Andela Talent Cloud, integrations are available for Greenhouse, Beeline and Fieldglass. These integrations allow clients to link job postings to instantly connect to Andela Talent Cloud to begin the matching process against the Andela Talent Marketplace. Clients are able to streamline their recruitment process to quickly source talent recommendations to hire faster.
Learn more about Andela Talent Cloud and watch a short explainer video, visit the product page.
About Andela
Andela is a global private talent marketplace powered by the industry's only unified platform to manage the complete tech talent lifecycle. Andela Talent Cloud provides an AI-driven platform that helps enterprises source, qualify, hire, manage, and pay global technical talent in one integrated platform. Powerful AI-matching algorithms learn from thousands of touch points in the hiring journey to pinpoint the best technologists up to 70% faster at 30-50% less cost than other hiring approaches.
Market leaders partner with Andela to help rewrite their workforce strategies to include global, remote-fluent talent from emerging geographies such as Africa and Latin America to scale their teams and deliver projects faster. With a community of over 4 million technologists, Andela caters to specialized disciplines such as Application Engineering, Artificial Intelligence, Cloud Computing, and Data & Analytics.
The world's best brands trust Andela, including GitHub, Mastercard Foundry, ViacomCBS, and Mindshare. Discover more about Andela here.
Media Contact:
Natasha Woods
Andela
[email protected]
1 Gartner Press Release, Gartner Survey Finds 58% of Organizations Employ Borderless Technology Talent, November 10, 2022, https://www.gartner.com/en/newsroom/press-releases/2022-11-10-gartner-survey-finds-58-percent-of-organizations-employ-borderless-technology-talent. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved
2 Gartner, Market Guide for Talent Acquisition (Recruiting) Technologies, 19 April 2022.
SOURCE Andela
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