EdGE Networks: Workforce Warriors Of HR Industry
With a stellar team of 70+ ‘workforce warriors’, EdGE Networks is helping organizations get the best talent that fits their requirement. While helping organizations manage talent intelligently, connecting the right person to the right job, EdGE Networks is instrumenting a Data Science and Artificial Intelligence (AI) based approach.
Recognized by prestigious forums which includes, one of the six Indian AI startups in Google’s 4th edition of Launchpad Accelerator program; also, one of India Emerging Twenty (IE20) Awards 2017 by London & Partners, EdGE Networks is the forerunner in the HR industry.
Technology Driven Solutions
The products and solutions offered by EdGE Networks are based on some of the most cutting-edge technologies. The company has also worked towards creating a responsible and agile organization that is ready to partner with customers to build a game changing HR tech solutions.
Founded in 2012, EdGE Networks is an innovative HR technology solutions provider focused on helping organizations meet their talent-related challenges. Company’s strength lies in harnessing Artificial Intelligence and Data Science to solve the toughest talent acquisition and workforce optimization challenges faced by organizations.
The very basis for starting up EdGE Networks focuses on the universal problem that organizations grapple with: to connect the right person with the right job. While digging deeper to unearth the underlying issues that contributed to this corporate epidemic, it offers three solutions:
Talent Acquisition: The flagship product, HIREalchemy, is a cutting-edge talent acquisition platform powered by AI and data science transforms the hiring experience. Using its comprehensive skills repository and machine learning algorithms, the platform analyses the JD & determines the primary and inferred skills; auto-sources the right fit by parsing and analyzing both structured and unstructured information from profiles in internal database & external portals; throws up resume matches by scoring and stack ranking them.
Workforce Optimization: Its Internal Workforce Optimization (IWO) solution helps transform the workforce. It lets HR assess skills, train, and keep talent ready for deployment. The company starts with enhancing internal supply visibility through a robust skills repository, enabling internal fulfillment and reducing cost incurred in external hiring. EdGE Networks helps create intelligent job descriptions with appropriate keywords, the lack of which is one of the key reasons for inaccurate resume matches. Using advanced analytics and machine learning algorithms, the company profile resources, identify skills gaps and chalk out an Intelligent Learning path for each employee.
Talent Analytics: EdGE Networks’s advanced analytics algorithms with predictive capabilities empower business with real time data topped with actionable insights that accelerates business decision making. Its statistical models provide in-depth relational and contextual analysis derived from rich data. Demand & Supply forecasting, Attrition analytics, joining probability analysis, hiring cost analysis are some of the analytics models that it offers.
Torch Bearer of EdGE Networks
Arjun Pratap, Founder of EdGE Networks is the torch bearer of the company. Arjun owes the success of EdGE to his team and learnings from his early career. Arjun started his professional career working with a startup, which sowed the seeds of entrepreneurship in him.
Subsequently, Arjun worked with SpeedERA Networks, Akamai Technologies, where he was responsible for building their India and international businesses and Dexler Information Solutions where he headed the sales function to provide strategic direction in building the company.
It was during his first venture (a digital learning platform), Arjun realized that there was tremendous need and scope for nextgen HR technology solutions, that could help organizations build future-ready workforces. It was looking at the rapid pace of change taking place in India and the world, it became clear to Arjun that HR technology powered by Artificial Intelligence (AI), Data Science and Machine Learning would be the best route to enable workforce transformation.
Arjun says, “AI coupled with analytics was gaining ground within the HR domain and the time was ripe to build HR solutions for large enterprises looking to take their workforce to the next level. From talent acquisition and workforce optimization to workforce transformation, AI can act as a strategic enabler for HR. In the talent acquisition space, AI is bringing about a sea change in the speed, accuracy and timeliness of delivery.”
In short, the C-suite had begun to take notice and was asking HR to explore and evaluate HR technology seriously. Thus, with EdGE Networks what Arjun planned to be offered was the intelligence to power companies who are focused on the future. And soon found this to be a very exciting space and without a doubt the future. This led to building an HR technology platform, backed by Artificial Intelligence and Data Science that would enable workforce optimization and workforce transformation for organizations.
Arjun’s Advice for the ‘Young Starters’
In a world where change and uncertainty are two givens, most organizations are looking for agility in talent. A person with a high level of responsiveness and willingness to take on newer and bigger challenges will be better equipped to face the uncertainties in a corporate setup. This trait is greatly valued and desired today, in start-ups and large organizations alike.
AI is touching significant aspects of our lives today and it is going to be even bigger in the future. My advice to budding entrepreneurs is to focus on differentiating yourself and know what is the problem you are looking to solve and then chart the course to uniquely solve it.