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Skills IntelligenceTextkernel

AI-powered skills extraction and analytics platform enabling talent matching, labor market insights, and workforce planning.

Product details

Overview

Textkernel Skills Intelligence is an AI-driven solution designed to unlock the power of skills data. It enables organizations to extract, standardize, and analyze skills from resumes, job descriptions, and labor market data. By providing a granular understanding of workforce capabilities and labor market trends, the platform supports talent matching, workforce planning, and strategic HR decision-making. It helps companies better understand internal skills, identify skill gaps, and align talent strategies with business needs.

Features and Capabilities

  • **Advanced AI-powered skills extraction from resumes, CVs, and job postings: **Uses sophisticated natural language processing and machine learning algorithms to automatically identify and extract relevant skills and competencies from unstructured text documents such as resumes, CVs, and job descriptions, ensuring high accuracy and context awareness.
  • **Skills standardization and normalization against international taxonomies: **Transforms extracted skills into standardized formats aligned with globally recognized taxonomies and frameworks, enabling consistent comparison, aggregation, and analysis across diverse data sources and regions.
  • **Comprehensive skills taxonomy covering thousands of skills and competencies: **Maintains an extensive, curated database of skills and competencies spanning multiple industries and professions, supporting detailed classification and enabling organizations to map workforce capabilities at a granular level.
  • **Analytics dashboards to visualize workforce skills distribution and gaps: **Provides intuitive and interactive dashboards that display the current state of workforce skills, highlight skill surpluses and shortages, and reveal critical gaps that need to be addressed for future business success.
  • **Labor market insights combining internal data with external market trends: **Integrates internal HR data with real-time external labor market information to offer a holistic view of skills demand and supply, helping organizations stay ahead of market shifts and competitive talent movements.
  • **Talent matching capabilities for recruitment, internal mobility, and career development: **Supports precise matching of candidate and employee skills with job requirements to enhance recruitment effectiveness, promote internal career mobility, and facilitate personalized employee development pathways.
  • **Support for workforce planning by identifying emerging and declining skills: **Enables strategic workforce planning by analyzing trends in skill demand, highlighting emerging competencies that require investment and declining skills that might require reskilling or replacement.
  • **Integration options via API for embedding into existing HR and talent systems: **Offers flexible and secure API access to embed Skills Intelligence functionalities into enterprise HR platforms, applicant tracking systems (ATS), learning management systems (LMS), and other talent management tools for seamless workflow integration.
  • **Multilingual support for global workforce and labor market data analysis: **Capable of processing and analyzing skills data in multiple languages, facilitating global talent analytics and supporting multinational organizations in diverse linguistic environments.
  • **Continuous updating of skills taxonomy based on evolving labor market demands: **Regularly refreshes and expands the skills database by monitoring labor market developments, emerging technologies, and new professional trends to ensure relevance and accuracy over time.
  • **Customizable reports tailored to organizational needs and industry specifics: **Generates detailed, customizable reports and visualizations that cater to the unique requirements of different business units, industries, and strategic initiatives, enabling actionable insights.
  • **Data-driven support for diversity, equity, and inclusion initiatives: **Utilizes skills data analytics to identify biases, promote fair talent practices, and support inclusive workforce policies by ensuring objective, skills-based decision-making.
  • **Helps optimize talent acquisition, retention, and development strategies: **Enables organizations to align their talent strategies with business goals by identifying the right skills at the right time, improving hiring quality, enhancing employee retention, and guiding targeted learning and development programs.