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iMocha Founders - Amit Mishra and Sujit Karpe (L-R)
Skillstech platform iMocha today announced the launch of Skills Intelligence Cloud, an AI-powered platform to revolutionize enterprise hiring, talent management, internal mobility, and workforce planning processes.
According to the startup, The new platform provides HR and business leaders with real-time access to skills data across their organization, enabling them to forecast, predict, and effectively address skills gaps to build a future-proof organization.
The launch of iMocha's Skills Intelligence Cloud comes amidst the rising global call for a skills-first approach to talent management. The World Economic Forum's 2023 Report on Putting Skills First has recently revealed that over 100 million individuals could directly benefit from such a shift. The report also estimates that by 2030, a skills gap could leave 85 million jobs unfilled globally, leading to a staggering $8.5 trillion in unrealized annual revenues.
Responding to this pressing need, iMocha's AI-powered Skills Intelligence Cloud transforms each job role and employee into skills profiles with a precise set of proficiencies, enabling CHROs to develop industry-specific skills taxonomies and ontologies for their organization. Leveraging a combination of multi-channel skills validation and AI-inferred models, iMocha empowers organizations to create a workforce that is well-equipped for the future.
"Skills are the new currency, and they are also transforming at a rapid pace. For businesses to stay ahead of the curve, they need to harness their organization’s skills data on a real-time basis,” said Amit Mishra, Founder & CEO of iMocha. “By capturing skills data at the most granular level and layering it with AI, our Skills Intelligence Cloud will revolutionize people analytics and skills-gap analysis, empowering enterprises to stay prepared for future and technological disruptions.”
According to Sujit Karpe, the CTO & Co-founder of iMocha, "The Skills Intelligence Cloud empowers CHROs and business leaders to adopt a skills-first approach and is specifically designed for organizations that prioritize continuous learning, employee development, and data-driven decision-making.”
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