I previously commented on the fact that Workday is focusing on AI technology, and it seems like their drive for AI is here to stay with their recent $40 million investment in Pymetrics, which helps companies matchmake the right candidates using artificial intelligence (AI).
This move was part of their $250 million fund to accelerate the development of third party application organisations that could sit on its enterprise software platform.
This investment should significantly help the AI-powered human resources software company Pymetrics to capture more of the enterprise market and with the mission to help companies matchmake the right candidates by using AI, they clearly fit the bill of Workday’s target for the investment fund.
With recruitment being so close to my heart I’m always looking to see how new technology can positively influence the hiring process to help my customers. As a result, I’ll be interested to see if Pymetrics can expand on their existing customer base of companies like Unilever, Tesla, LinkedIn and Accenture, and if it begins to become part of the recruitment process for enterprise organisations as a whole.
I’ll be keeping an eye on how Workday continues to take advantage of the opportunities that AI technology can offer both themselves, and their customers.
https://seekingalpha.com/article/4209925-workday-invests-pymetrics-ai-recruitment-tech
