Question: Do you know of a solution that offers labour market insights and data-driven forecasting for workforce development?

For labor market insights and data-driven forecasting for workforce development, Faethm is a great option. It uses AI to deliver insights to inform strategic workforce planning, helping companies prepare for the future by addressing skills gaps and changing needs. Faethm delivers organization-specific insights based on AI models, predictive AI, live and continuously scaling data, and GDPR and CCPA compliance. This platform helps organizations understand how emerging technologies impact roles and skills, making better decisions about long-term talent needs and strategic workforce planning.

Another good option is Sapience, a workforce analytics platform that delivers automated and unbiased insights into workforce data. Sapience helps companies increase productivity and efficiency by tackling common workforce challenges like inefficient resource allocation and high contingent workforce spend. The platform includes automated near real-time data processing, customizable visualization, and enterprise-grade security. This makes it a good option for optimizing internal and external workforce capacity and making better decisions with fact-based insights.

Draup offers contextualized and actionable talent intelligence, making it a good option for enterprise leaders. The platform includes tools for talent localization analysis, industry/peer talent strategy benchmarking, and global datasets for talent management. With features like deep market and account insights and customized messaging for sales intelligence, Draup helps optimize talent acquisition and sales strategies, driving enterprise growth and competitiveness.

Finally, Eightfold combines talent acquisition, talent management and talent insights into a single AI-powered platform. It uses deep-learning AI to offer a skills-first approach, helping companies hire, develop and retain top performers. With modules for talent flex, workforce exchange, and resource management, Eightfold helps ensure fair and unbiased hiring practices, supports Diversity, Equity, and Inclusion initiatives, and helps companies unlock their full workforce potential.