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Phenom is the Highest-Designated Leader in Everest Group's First Skills Intelligence PEAK Matrix® Assessment
Phenom is the Highest-Designated Leader in Everest Group's First Skills Intelligence PEAK Matrix® Assessment

Yahoo

time18-06-2025

  • Business
  • Yahoo

Phenom is the Highest-Designated Leader in Everest Group's First Skills Intelligence PEAK Matrix® Assessment

Recognized for Excellence in the Application of Skills-Driven AI and Automation to Achieve Talent Agility PHILADELPHIA, June 18, 2025--(BUSINESS WIRE)--Phenom, an applied AI company that helps organizations hire faster, develop better and retain employees longer, has been named a Leader in Everest Group's Skills Intelligence PEAK Matrix® Assessment 2025 for delivering AI and automation — with skills as a foundational element. The inaugural Skills Intelligence Platforms PEAK Matrix® Assessment evaluates 29 leading technology providers across market impact and vision and capability, reflecting the growing global demand for skills-first talent strategies. This assessment is particularly relevant as organizations globally face increased pressure to adopt skills-first approaches in response to rapid workforce shifts, emerging technical needs, and evolving business priorities. According to Sharath Hari, Vice President, Everest Group: "Phenom has been recognized as a Leader in Everest Group's Skills Intelligence PEAK Matrix® Assessment 2025 for delivering AI-enabled, skills-first talent experiences through its Intelligent Talent Experience platform." "With a comprehensive skills ontology that spans industry-specific domains, Phenom enables dynamic job and candidate matching, robust skills inferencing, and fit scoring to drive smarter workforce decisions. Its integrated approach to internal talent marketplaces, skill-gap analytics, and learning personalization supports workforce transformation. Backed by partnerships with major HCM, ATS, and LXP providers, and recent innovations in AI via Phenom X+, it empowers enterprises to create connected and agile talent ecosystems." Enterprise Skills Intelligence at Scale Organizations struggle to envision a skills-forward future when they cannot clearly see what capabilities they have today — a mapping process that traditionally takes years to complete now takes a few days with AI. Unlike static skills databases, Phenom's proprietary ontologies create dynamic, industry-specific data foundations that adapt to organizational structure, business needs, and market evolution. This framework empowers companies with: Rapid skills mapping (months or years to days) Precise skills inferencing from unstructured data Comprehensive talent lifecycle integration across acquisition and management Data standardization powered by deep integrations with major HCM, ATS, and L&D providers Multichannel skills validation supporting assessments as well as manager and peer endorsements Strategic workforce planning and personalized development with skill gap identification, resource optimization, career pathing, and external hiring plan Autonomous execution through agentic AI with built-in governance ensuring data quality and validity Transforming Skills Strategy into Results Most organizations get stuck analyzing skills data without knowing how to act on it. For organizations facing skills visibility challenges, Phenom offers a complimentary Skills Snapshot assessment to provide clarity and direction for moving forward. Phenom's company-specific ontologies illuminate the relationships between skills, tasks, work and productivity, providing HR leaders with intelligence on business growth areas, financial modeling of workforce decisions, and detailed talent development opportunities. "Being recognized as a Leader in this inaugural skills PEAK report is another demonstration of the breadth and depth of Phenom's platform," said John Deal, Sr. Director of Product Marketing at Phenom. "Not only do we continue to innovate with more products using skills as a foundation, we show customers real value in the form of increased productivity, engagement and cost savings without sacrificing quality or visibility to internal talent." Customer implementations demonstrate measurable impact: A Fortune 500 company generated 37% of hires from internal moves A global pharmaceutical company collected 200,000+ skills and centralized 29,000+ learning opportunities A global retailer increased internal applicants by 129% while decreasing time to fill by 89% A major bank achieved a 47% internal fill rate with 70% of their workforce adding an average of 23 skills each More than 700 companies around the world are successfully adopting Phenom's Intelligent Talent Experience platform to help candidates find and choose the right job faster, employees develop their skills and evolve, recruiters become highly productive, talent marketers engage with extreme efficiency, talent leaders optimize hiring and onboarding processes, managers build stronger-performing teams, HR aligns employee development with company goals, and HRIT easily integrates existing HR tech to create a holistic infrastructure. To learn more about Phenom's leadership position, read the blog. For organizations facing skills confusion, the right next step is to request a Skills Snapshot here. About Phenom Phenom has a purpose of helping a billion people find the right work. Through AI-powered talent experiences, employers use Phenom to hire and onboard employees faster, develop them to their full potential, and retain them longer. The Phenom Intelligent Talent Experience platform seamlessly connects candidates, employees, recruiters, talent marketers, talent leaders, hiring managers, HR and HRIT — empowering diverse and global enterprises with innovative products including Phenom X+ Agentic AI and Generative AI, Career Site, Chatbot, CMS, Talent CRM, X+ Screening, Automated Interview Scheduling, Interview Intelligence, Talent Experience Engine, Campaigns, University Recruiting, Contingent Talent Hiring, Onboarding, Talent Marketplace, Workforce Intelligence, Career Pathing, Gigs, Mentoring, and Referrals. Phenom has earned accolades including: Inc. 5000's fastest-growing companies (5 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), 11 Brandon Hall 'Excellence in Technology' awards including Gold for 'Best Advance in Generative AI for Business Impact,' Business Intelligence Group's Artificial Intelligence Excellence Awards (3 consecutive years), The Cloud Awards 2025/2024, The A.I. Awards 2024, and a regional Timmy Award for launching and optimizing (2020). Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom. For more information, please visit Connect with Phenom on LinkedIn, X, Facebook, YouTube, Instagram and TikTok. Licensed extracts taken from Everest Group's PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group's PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group's analysts and included in Everest Group's PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports. About Everest GroupEverest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at View source version on Contacts Jennifer LyonsSenior Director of Global

Phenom is the Highest-Designated Leader in Everest Group's First Skills Intelligence PEAK Matrix® Assessment
Phenom is the Highest-Designated Leader in Everest Group's First Skills Intelligence PEAK Matrix® Assessment

Business Wire

time18-06-2025

  • Business
  • Business Wire

Phenom is the Highest-Designated Leader in Everest Group's First Skills Intelligence PEAK Matrix® Assessment

PHILADELPHIA--(BUSINESS WIRE)-- Phenom, an applied AI company that helps organizations hire faster, develop better and retain employees longer, has been named a Leader in Everest Group's Skills Intelligence PEAK Matrix® Assessment 2025 for delivering AI and automation — with skills as a foundational element. 'Phenom has been recognized as a Leader in Everest Group's Skills Intelligence PEAK Matrix® Assessment 2025 for delivering AI-enabled, skills-first talent experiences through its Intelligent Talent Experience platform." Share The inaugural Skills Intelligence Platforms PEAK Matrix® Assessment evaluates 29 leading technology providers across market impact and vision and capability, reflecting the growing global demand for skills-first talent strategies. This assessment is particularly relevant as organizations globally face increased pressure to adopt skills-first approaches in response to rapid workforce shifts, emerging technical needs, and evolving business priorities. According to Sharath Hari, Vice President, Everest Group: 'Phenom has been recognized as a Leader in Everest Group's Skills Intelligence PEAK Matrix® Assessment 2025 for delivering AI-enabled, skills-first talent experiences through its Intelligent Talent Experience platform.' 'With a comprehensive skills ontology that spans industry-specific domains, Phenom enables dynamic job and candidate matching, robust skills inferencing, and fit scoring to drive smarter workforce decisions. Its integrated approach to internal talent marketplaces, skill-gap analytics, and learning personalization supports workforce transformation. Backed by partnerships with major HCM, ATS, and LXP providers, and recent innovations in AI via Phenom X+, it empowers enterprises to create connected and agile talent ecosystems.' Enterprise Skills Intelligence at Scale Organizations struggle to envision a skills-forward future when they cannot clearly see what capabilities they have today — a mapping process that traditionally takes years to complete now takes a few days with AI. Unlike static skills databases, Phenom's proprietary ontologies create dynamic, industry-specific data foundations that adapt to organizational structure, business needs, and market evolution. This framework empowers companies with: Rapid skills mapping (months or years to days) Precise skills inferencing from unstructured data Comprehensive talent lifecycle integration across acquisition and management Data standardization powered by deep integrations with major HCM, ATS, and L&D providers Multichannel skills validation supporting assessments as well as manager and peer endorsements Strategic workforce planning and personalized development with skill gap identification, resource optimization, career pathing, and external hiring plan Autonomous execution through agentic AI with built-in governance ensuring data quality and validity Transforming Skills Strategy into Results Most organizations get stuck analyzing skills data without knowing how to act on it. For organizations facing skills visibility challenges, Phenom offers a complimentary Skills Snapshot assessment to provide clarity and direction for moving forward. Phenom's company-specific ontologies illuminate the relationships between skills, tasks, work and productivity, providing HR leaders with intelligence on business growth areas, financial modeling of workforce decisions, and detailed talent development opportunities. 'Being recognized as a Leader in this inaugural skills PEAK report is another demonstration of the breadth and depth of Phenom's platform,' said John Deal, Sr. Director of Product Marketing at Phenom. 'Not only do we continue to innovate with more products using skills as a foundation, we show customers real value in the form of increased productivity, engagement and cost savings without sacrificing quality or visibility to internal talent.' Customer implementations demonstrate measurable impact: A Fortune 500 company generated 37% of hires from internal moves A global pharmaceutical company collected 200,000+ skills and centralized 29,000+ learning opportunities A global retailer increased internal applicants by 129% while decreasing time to fill by 89% A major bank achieved a 47% internal fill rate with 70% of their workforce adding an average of 23 skills each More than 700 companies around the world are successfully adopting Phenom's Intelligent Talent Experience platform to help candidates find and choose the right job faster, employees develop their skills and evolve, recruiters become highly productive, talent marketers engage with extreme efficiency, talent leaders optimize hiring and onboarding processes, managers build stronger-performing teams, HR aligns employee development with company goals, and HRIT easily integrates existing HR tech to create a holistic infrastructure. To learn more about Phenom's leadership position, read the blog. For organizations facing skills confusion, the right next step is to request a Skills Snapshot here. About Phenom Phenom has a purpose of helping a billion people find the right work. Through AI-powered talent experiences, employers use Phenom to hire and onboard employees faster, develop them to their full potential, and retain them longer. The Phenom Intelligent Talent Experience platform seamlessly connects candidates, employees, recruiters, talent marketers, talent leaders, hiring managers, HR and HRIT — empowering diverse and global enterprises with innovative products including Phenom X+ Agentic AI and Generative AI, Career Site, Chatbot, CMS, Talent CRM, X+ Screening, Automated Interview Scheduling, Interview Intelligence, Talent Experience Engine, Campaigns, University Recruiting, Contingent Talent Hiring, Onboarding, Talent Marketplace, Workforce Intelligence, Career Pathing, Gigs, Mentoring, and Referrals. Phenom has earned accolades including: Inc. 5000's fastest-growing companies (5 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), 11 Brandon Hall 'Excellence in Technology' awards including Gold for 'Best Advance in Generative AI for Business Impact,' Business Intelligence Group's Artificial Intelligence Excellence Awards (3 consecutive years), The Cloud Awards 2025/2024, The A.I. Awards 2024, and a regional Timmy Award for launching and optimizing (2020). Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom. For more information, please visit Connect with Phenom on LinkedIn, X, Facebook, YouTube, Instagram and TikTok. Licensed extracts taken from Everest Group's PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group's PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group's analysts and included in Everest Group's PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports. About Everest Group Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at

Phenom Announces Expanded Partnership with SAP; Phenom Intelligent Talent Experience is Now an SAP Endorsed App on the SAP Store
Phenom Announces Expanded Partnership with SAP; Phenom Intelligent Talent Experience is Now an SAP Endorsed App on the SAP Store

Yahoo

time04-06-2025

  • Business
  • Yahoo

Phenom Announces Expanded Partnership with SAP; Phenom Intelligent Talent Experience is Now an SAP Endorsed App on the SAP Store

Phenom's Platform Helps Enable SAP SuccessFactors Users to Attract, Engage and Hire Talent More Efficiently with Hyper-Personalized AI and Automation PHILADELPHIA, June 04, 2025--(BUSINESS WIRE)--Phenom, an applied AI company specializing in human resources, announced today its Intelligent Talent Experience platform is now an SAP Endorsed App, available on the SAP Store. SAP Endorsed Apps are a distinct category of solutions within SAP's partner ecosystem. These apps solve key customer challenges that provide additional value to offer holistic business solutions and bring out the best in every business. Phenom helps transform recruiting for businesses that use SAP SuccessFactors solutions through hyper-personalized, AI-powered experiences and automated workflows that attract, engage and hire talent more efficiently — all while leveraging a certified integration with their existing SAP SuccessFactors infrastructure. The interconnected ecosystem empowers organizations to secure higher-quality talent faster while improving the candidate experience and boosting recruiter and hiring manager efficiency from first touchpoint to final hire. For example: A major biopharmaceutical company reduced job application time from 20 minutes to under 5 minutes, achieving 75% faster completion rates and cutting time-to-source winning candidates from 25 days to just 12 days. A large retail chain doubled hiring volume to 60,000 people annually, reduced time to fill by 6 days, cut advertising spend by 50%, and built a 2 million candidate talent pool with an 85% application conversion rate. A multi-national dental technology company saved 459 hours through automation in one quarter, processed 42,833 hiring status changes via automated workflows, and saved 144 scheduling hours with AI-powered interview coordination. A national postal service increased candidate traffic by 40%, achieved 79% application conversion rates, and reduced application time by 88% (from 30 minutes to under 4 minutes) while successfully scaling to hire 40,000 seasonal workers in just 6-8 weeks. "Ecosystem innovations are essential to SAP's vision and delivery of the intelligent enterprise for SAP customers," said Darryl Gray, Global Vice President, Software Partner Solution Monetization & Success at SAP. "We applaud Phenom on achieving SAP endorsed app status for its Intelligent Talent Experience platform. Phenom is positioned to help our customers deliver an AI-first strategy with automated and integrated innovations, proven to provide value while solving key business challenges and delivering outcomes." SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing and measurements against benchmarks results. Phenom integrates with SAP SuccessFactors Recruiting helping customers to: Meet high-volume hiring needs: Conversational AI and recruiter automation workflows drive applicant conversions and improve hiring pipeline by sourcing, screening, scheduling interviews, and providing instant candidate support. Automate hiring processes: Talent CRM and AI-powered recruiter efficiency tools like AI Fit Scores and Automated Interview Scheduling, help discover and engage best-fit talent while eliminating coordination bottlenecks and streamlining recruiter workflows. Optimize the candidate experience: Hyper-personalized career sites attract, engage, and convert qualified applicants with dynamic content and behavior-based job recommendations, while an integrated Hosted Apply process enables candidates to complete applications with minimal friction in just a few clicks. Nurture and engage talent: Events, Campaigns, SMS & 1:1 Messaging provide recruiters flexibility in meeting candidates where they are to maintain interest and drive conversion throughout the pipeline with automated follow-up sequences. "We're incredibly proud to achieve SAP endorsed app status to help SAP SuccessFactors users achieve more," said Saumil Gandhi, SVP, Corporate Development at Phenom. "While we already have over a hundred customers using our integrated platform to transform their talent practices, this new certification will help us reach and transform even more of the SAP ecosystem." With Phenom, candidates can find and choose the right job faster, recruiters become wildly productive, talent marketers engage with extreme efficiency, talent leaders optimize hiring, managers build stronger-performing teams, and HRIT easily integrates existing HR tech to create a holistic infrastructure. To learn more about Phenom's expanded partnership with SAP, read this blog. About Phenom Phenom has a purpose of helping a billion people find the right work. Through AI-powered talent experiences, employers use Phenom to hire and onboard employees faster, develop them to their full potential, and retain them longer. The Phenom Intelligent Talent Experience platform seamlessly connects candidates, employees, recruiters, talent marketers, talent leaders, hiring managers, HR and HRIT — empowering diverse and global enterprises with innovative products including Phenom X+ Agentic AI and Generative AI, Career Site, Chatbot, CMS, Talent CRM, X+ Screening, Automated Interview Scheduling, Interview Intelligence, Talent Experience Engine, Campaigns, University Recruiting, Contingent Talent Hiring, Onboarding, Talent Marketplace, Workforce Intelligence, Career Pathing, Gigs, Mentoring, and Referrals. Phenom has earned accolades including: Inc. 5000's fastest-growing companies (5 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), 11 Brandon Hall 'Excellence in Technology' awards including Gold for 'Best Advance in Generative AI for Business Impact,' Business Intelligence Group's Artificial Intelligence Excellence Awards (3 consecutive years), The Cloud Awards 2025/2024, The A.I. Awards 2024, and a regional Timmy Award for launching and optimizing (2020). Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom. For more information, please visit Connect with Phenom on LinkedIn, X, Facebook, YouTube, Instagram and TikTok. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see for additional trademark information and notices. View source version on Contacts Jennifer

Phenom Announces Expanded Partnership with SAP; Phenom Intelligent Talent Experience is Now an SAP Endorsed App on the SAP Store
Phenom Announces Expanded Partnership with SAP; Phenom Intelligent Talent Experience is Now an SAP Endorsed App on the SAP Store

Business Wire

time04-06-2025

  • Business
  • Business Wire

Phenom Announces Expanded Partnership with SAP; Phenom Intelligent Talent Experience is Now an SAP Endorsed App on the SAP Store

PHILADELPHIA--(BUSINESS WIRE)-- Phenom, an applied AI company specializing in human resources, announced today its Intelligent Talent Experience platform is now an SAP Endorsed App, available on the SAP Store. SAP Endorsed Apps are a distinct category of solutions within SAP's partner ecosystem. These apps solve key customer challenges that provide additional value to offer holistic business solutions and bring out the best in every business. 'Phenom is positioned to help our customers deliver an AI-first strategy with automated and integrated innovations…,' said Darryl Gray, Global Vice President, Software Partner Solution Monetization & Success at SAP. Share Phenom helps transform recruiting for businesses that use SAP SuccessFactors solutions through hyper-personalized, AI-powered experiences and automated workflows that attract, engage and hire talent more efficiently — all while leveraging a certified integration with their existing SAP SuccessFactors infrastructure. The interconnected ecosystem empowers organizations to secure higher-quality talent faster while improving the candidate experience and boosting recruiter and hiring manager efficiency from first touchpoint to final hire. For example: A major biopharmaceutical company reduced job application time from 20 minutes to under 5 minutes, achieving 75% faster completion rates and cutting time-to-source winning candidates from 25 days to just 12 days. A large retail chain doubled hiring volume to 60,000 people annually, reduced time to fill by 6 days, cut advertising spend by 50%, and built a 2 million candidate talent pool with an 85% application conversion rate. A multi-national dental technology company saved 459 hours through automation in one quarter, processed 42,833 hiring status changes via automated workflows, and saved 144 scheduling hours with AI-powered interview coordination. A national postal service increased candidate traffic by 40%, achieved 79% application conversion rates, and reduced application time by 88% (from 30 minutes to under 4 minutes) while successfully scaling to hire 40,000 seasonal workers in just 6-8 weeks. 'Ecosystem innovations are essential to SAP's vision and delivery of the intelligent enterprise for SAP customers,' said Darryl Gray, Global Vice President, Software Partner Solution Monetization & Success at SAP. 'We applaud Phenom on achieving SAP endorsed app status for its Intelligent Talent Experience platform. Phenom is positioned to help our customers deliver an AI-first strategy with automated and integrated innovations, proven to provide value while solving key business challenges and delivering outcomes.' SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing and measurements against benchmarks results. Phenom integrates with SAP SuccessFactors Recruiting helping customers to: Meet high-volume hiring needs: Conversational AI and recruiter automation workflows drive applicant conversions and improve hiring pipeline by sourcing, screening, scheduling interviews, and providing instant candidate support. Automate hiring processes: Talent CRM and AI-powered recruiter efficiency tools like AI Fit Scores and Automated Interview Scheduling, help discover and engage best-fit talent while eliminating coordination bottlenecks and streamlining recruiter workflows. Optimize the candidate experience: Hyper-personalized career sites attract, engage, and convert qualified applicants with dynamic content and behavior-based job recommendations, while an integrated Hosted Apply process enables candidates to complete applications with minimal friction in just a few clicks. Nurture and engage talent: Events, Campaigns, SMS & 1:1 Messaging provide recruiters flexibility in meeting candidates where they are to maintain interest and drive conversion throughout the pipeline with automated follow-up sequences. 'We're incredibly proud to achieve SAP endorsed app status to help SAP SuccessFactors users achieve more,' said Saumil Gandhi, SVP, Corporate Development at Phenom. 'While we already have over a hundred customers using our integrated platform to transform their talent practices, this new certification will help us reach and transform even more of the SAP ecosystem.' With Phenom, candidates can find and choose the right job faster, recruiters become wildly productive, talent marketers engage with extreme efficiency, talent leaders optimize hiring, managers build stronger-performing teams, and HRIT easily integrates existing HR tech to create a holistic infrastructure. To learn more about Phenom's expanded partnership with SAP, read this b log. About Phenom Phenom has a purpose of helping a billion people find the right work. Through AI-powered talent experiences, employers use Phenom to hire and onboard employees faster, develop them to their full potential, and retain them longer. The Phenom Intelligent Talent Experience platform seamlessly connects candidates, employees, recruiters, talent marketers, talent leaders, hiring managers, HR and HRIT — empowering diverse and global enterprises with innovative products including Phenom X+ Agentic AI and Generative AI, Career Site, Chatbot, CMS, Talent CRM, X+ Screening, Automated Interview Scheduling, Interview Intelligence, Talent Experience Engine, Campaigns, University Recruiting, Contingent Talent Hiring, Onboarding, Talent Marketplace, Workforce Intelligence, Career Pathing, Gigs, Mentoring, and Referrals. Phenom has earned accolades including: Inc. 5000's fastest-growing companies (5 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), 11 Brandon Hall 'Excellence in Technology' awards including Gold for 'Best Advance in Generative AI for Business Impact,' Business Intelligence Group's Artificial Intelligence Excellence Awards (3 consecutive years), The Cloud Awards 2025/2024, The A.I. Awards 2024, and a regional Timmy Award for launching and optimizing (2020). Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom. For more information, please visit Connect with Phenom on LinkedIn, X, Facebook, YouTube, Instagram and TikTok. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see for additional trademark information and notices.

Phenom Acquires EDGE, Strengthening Its AI-Powered Resource Planning Solutions for the Global Capability Center Market
Phenom Acquires EDGE, Strengthening Its AI-Powered Resource Planning Solutions for the Global Capability Center Market

Yahoo

time06-02-2025

  • Business
  • Yahoo

Phenom Acquires EDGE, Strengthening Its AI-Powered Resource Planning Solutions for the Global Capability Center Market

PHILADELPHIA, February 06, 2025--(BUSINESS WIRE)--Phenom, an AI company specializing in HR, today announced it acquired EDGE, a leading resource management and talent mobility platform. The acquisition strengthens Phenom's workforce intelligence solutions for the professional services industry and global capability centers (GCC). The sixth acquisition and addition to the Intelligent Talent Experience platform portfolio marks a significant step in Phenom's purpose to help a billion people find the right work. The EDGE acquisition adds advanced resource planning capabilities to the Phenom platform, market tested by some of the world's leading professional services organizations and GCCs. This further strengthens the ability for Phenom to deliver solutions suited to different industries' talent needs, helping companies execute strategic workforce planning at scale. EDGE ontologies have been refined through thousands of interactions with employees, managers and HR to deliver highly contextual recommendations for the GCC market. This, coupled with their unique automation framework, has helped companies achieve: 16-day reduction in internal fulfillment cycle time 21% increase in the number of demands fulfilled internally 36% increase in supply visibility 28x increase in the number of contractors replaced by existing staff "Phenom has been on our radar for several years due to their focus on AI and talent intelligence for a variety of HR applications across different industries," said Sharath Hari, Vice President at the Everest Group analyst firm. "This acquisition is a logical next step to support their verticalization strategy." "In the face of rapidly developing AI innovations, organizations must level up their workforces to remain competitive," said Mahe Bayireddi, CEO and co-founder of Phenom. "Intelligence and automation empower HR teams to provide phenomenal experiences at scale, and the EDGE acquisition adds tremendous value to better serve professional service companies and global capability centers." With Phenom, candidates find and choose the right job faster, employees develop their skills and evolve, recruiters become wildly productive, talent marketers engage with extreme efficiency, talent leaders optimize hiring processes, managers build stronger-performing teams, HR aligns onboarding and employee development with company goals, and HRIT easily integrates existing HR tech to create a holistic infrastructure. To learn more about Phenom's acquisition of EDGE, visit our blog. Book a demo to see Phenom's AI, GenAI and AI Agents in action. To dive deeper into how Phenom is helping organizations hire faster, develop better and retain longer, attend IAMPHENOM at the Pennsylvania Convention Center in Philadelphia March 11-13. Register before February 28 and save 25% with Go Birds! pricing. Learn more here. About Phenom Phenom has a purpose of helping a billion people find the right work. Through AI-powered talent experiences, employers use Phenom to hire and onboard employees faster, develop them to their full potential, and retain them longer. The Phenom Intelligent Talent Experience platform seamlessly connects candidates, employees, recruiters, talent marketers, talent leaders, hiring managers, HR and HRIT — empowering diverse and global enterprises with innovative products including Phenom X+ Generative AI, Career Site, Chatbot, CMS, Talent CRM, X+ Screening, Automated Interview Scheduling, Interview Intelligence, Talent Experience Engine, Campaigns, University Recruiting, Contingent Talent Hiring, Onboarding, Talent Marketplace, Workforce Intelligence, Career Pathing, Gigs, Mentoring, and Referrals. Phenom has earned accolades including: Inc. 5000's fastest-growing companies (5 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), 11 Brandon Hall 'Excellence in Technology' awards including Gold for 'Best Advance in Generative AI for Business Impact,' Business Intelligence Group's Artificial Intelligence Excellence Awards (3 consecutive years), The Cloud Awards 2025/2024, The A.I. Awards 2024, and a regional Timmy Award for launching and optimizing (2020). Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom. For more information, please visit Connect with Phenom on LinkedIn, X, Facebook, YouTube, Instagram and TikTok. View source version on Contacts Jennifer

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