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- 1. Today, intangible capital such as knowledge and human talent form a significant chunk of a company’s
valuation. This has led to companies viewing their employees as value creators rather than as cost. However,
organizations are grappling with challenges of sourcing and attracting the right talent and retaining them
owing to acute competition in the recruitment market. Long hiring cycle time, ever increasing hiring cost,
inaccurate matches, low ROI from Job Portals, attrition and offer drop outs, productivity loss, inaccurate
demand forecasting, widening skill gap are some of the issues that impact revenue and profits.
At EdGE Networks, our strength is in harnessing artificial intelligence and data science to solve the toughest
talent acquisition and workforce optimization challenges faced by organizations. An efficient workforce
management approach combines demand generation, skills repository, talent acquisition, allocation,
learning and analytics to deliver robust talent connect. This is what we deliver in EdGE – an end-to-end AI
driven solution for workforce transformation.
We cater to a wide array of clients from large IT conglomerates to leading staffing firm. Our clients include
Wipro, TeamLease, HCL and more.
2016 © EdGE Networks. All Rights Reserved.
www.edgenetworks.in | 2016
NEXT-GEN SOLUTIONS FOR
WORKFORCE TRANSFORMATION
- 2. 300% Increase in portal utilization
through Auto-Sourcing
28% Conversion rate from
recommendation to actual joinees
51% Reduction in allocation failures
58% Reduction in time taken to
shortlist candidates
2016 © EdGE Networks. All Rights Reserved.
www.edgenetworks.in | 2016
Our Offerings:
Talent Acquisition:
Our flagship platform, HIREalchemy, is a cutting-edge
talent acquisition platform powered by artificial intelligence
and data science that transforms the hiring experience.
Using our comprehensive skills repository and machine
learning algorithms (NLP and ANN), we create sharp job
descriptions armed with pertinent keywords resulting in
accurate resume matches. The platform auto-sources the
right fit by parsing and analyzing both structured and
unstructured information from internal database as well as
external portals. It eases the process of selection as the
platform throws up resume matches by scoring and stack
ranking them based on business rules set by the client.
The platform scans around 2,000 job descriptions and
50,000 profiles for external hiring, monthly. And, internally
we process over 20,000 job descriptions and 150,000
profile scans on a monthly basis which not only enhances
the intelligence of our self-learning systems but also
enhances our skills repository for better pattern matching.
This exponentially enhances the speed and accuracy of
job fulfillment. What takes organizations over 15-16 days
to fulfill leading to a loss of nearly $800,000-1.5 million is
done in 8-9 days, saving millions of dollars for large
businesses.
Auto-source the right fit
Score & Stack rank resumes
Intelligent JD
Profile Enrichment
- 3. Talent allocation
Search & Match
Custom business logic
Intelligent learning path
WorkforceOptimization:OurInternalWorkforceOptimization
(IWO) solution, enabled by Data Science and Artificial
Intelligence, helps transform workforce. It lets HR assess
skills, train, and keep talent ready for deployment. With
advanced semantic Natural Language Processing
algorithms, our weighted search-and-match mechanism
scores candidates, ranks them, and brings up the most
relevant profiles from multiple databases. Using
advanced analytics and machine learning algorithms, we
profile resources, identify skills gap and chalk out
Intelligent Learning path for each employee. Additionally,
our system studies contextual information about critical
talent and predicts behavior thereby allowing HR to
determine necessary interventions.
4 Times increase in internal supply visibility
36% Increase in allocation via Hiring Manager
58% Reduction inDemand Cancellation
100% Profile coverage
2016 © EdGE Networks. All Rights Reserved.
www.edgenetworks.in | 2016
- 4. ABOUT EDGE:
TALENT ANALYTICS
EdGE Networks is a next-gen HR technology solutions provider focused on helping organizations address
their talent-related challenges. Our strength is in harnessing data science to enable HR functions lead with
data and intelligence. A product innovation partner with National Skill Development Corporation (NSDC), our
mantra is to make ‘Right person for the Right job’ a reality.
For more details, write to us at info@edgenetworks.in
Our advanced analytics algorithms with predictive capabilities empower you with real time data topped with
actionable insights that accelerates business decision making. Our statistical models provide in-depth
relational and contextual analysis derived from rich data.
2016 © EdGE Networks. All Rights Reserved.
www.edgenetworks.in | 2016
Flight risk: By co-relating reasons for attrition to employee engagement, performance
and other data, we could help you predict staff attrition. Our analytics and insights saves
you millions of dollars spent on retention and attrition by helping you identify timely
interventions, plan replacement and manage cost.
Demand Optimization: We apply advanced mathematical models on large sets of historical
data to study patterns and know the likelihood of a job requirement getting fulfilled internally.
Our models help the hiring manager determine the probability of cancellation, marked to
external or overdue based on past trends. Additionally, the model throws up related job/skill
requirement options with probability scores allowing the hiring manager to choose the best
option based on his/her need.
Demand and Supply Forecasting: Our robust predictive models encompassing business
plans, pipeline, resource pool, productivity, attrition, demand and supply volatility provide
you with accurate forecasts. This improves resource management, bench optimization and
utilization thereby impacting the balance sheet.
Joining probability analysis: With demand far exceeding supply, offer drop outs has become
a business menace. With our accurate analysis, we build a probability score for every
candidate as an indicator of joining probability. We also help you identify the characteristics
of candidates who are likely to renege.
Resource Optimization Increased RevenueBusiness Agility