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The move to acquire SkyHive expands Cornerstone’s holistic skills transformation capabilities, giving leaders a comprehensive understanding of workforce agility.
Workforce Agility solutions provider, Cornerstone OnDemand announced the acquisition of AI startup SkyHive. SkyHive is a leading provider of workforce skills intelligence capabilities for modern workplace. SkyHive’s AI-powered skills intelligence platform and services help customers build skills-based organizations, providing visibility into the capabilities of employees and enabling organizations in their transformation efforts.
This acquisition accelerates Cornerstone’s reskilling capabilities with predictive labor market intelligence, automated job architecture management, rapid skill proficiency detection, and other services to help organizations build agile workforces. Additionally, SkyHive aligns with Cornerstone’s commitment to openness and extensibility by providing rich integration and normalization for other skills-centric talent applications, simplifying customer technology stacks and improving time-to-value.
By parsing terabytes of global workforce, labor market and economic data daily, SkyHive provides real-time granular visibility into the global labor economy and forecasts emerging critical skills, helping organizations predict future needs. Complementary to Cornerstone’s existing solutions, including the recently announced Cornerstone Talent Intelligence, this powerful data-rich solution will streamline any organization’s journey towards a dynamic skills-oriented approach to close the workforce readiness gap.
According to new research launched earlier this month, less than half (45%) of employers know of existing skills gaps and fully leverage those in their talent development strategies. This lack of skills awareness combined with the inability to t********** highlights the workforce readiness gap that Cornerstone Galaxy aims to solve by enabling workforce agility within organizations.
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