AI Powered Workforce Analytics Company Strengthens Recruiting Solutions Offering; Expands Market Share to Provide Organizations with Enhanced Recruiting Services
BOSTON–(BUSINESS WIRE)–#AI–Today, PredictiveHR, the SaaS platform company that enables people analytics by utilizing machine learning to predict talent trends and their financial impacts, announced it has acquired the Recruiting Services Division of Method3, a provider of Recruitment Process Outsourcing and IT Staffing services. The acquisition strengthens PredictiveHR’s existing recruiting solution offering and aims to provide customers with both predictive people analytics and recruiting services to support their talent acquisition challenges. Method3 will retain its IT Technology Staffing services and will also become a reseller of PredictiveHR products and services.
PredictiveHR (PHR) solves the HR reporting problem by connecting disparate, unstructured employee data stored across numerous systems into one platform. PHR’s AI platform normalizes all employee data that is unstructured and stored across numerous human resource systems into one data set resulting in meaningful reports and true “predictive” people analytics. PHR’s current offering coupled with the strengthened talent and HR consulting services provides a complete solution for organizations’ HR departments.
In addition to the people analytics platform, PHR offers recruiting solution services that utilize PHR’s Talent Acquisition Lens to create transparency and data analytics to recruiting activities and metrics for their clients. PHR’s recruiting solutions include on-demand recruiting, sourcing services, systems and recruiting workflow review and optimization. With this acquisition and their recent partnership with Engage Talent, PHR can now provide customers a full talent management solution including the ability to review internal employees, applicants, and external candidates to fill key roles within the organization.
“The acquisition of Method3 allows us to provide our customers with both cutting-edge workforce analytics and enhanced recruitment solutions,” said Jamie Troiano, CEO and founder, PredictiveHR. “We now have the ability to offer our customers a strategic project management-based recruitment solution, which allows for a shorter hiring cycle, lower costs and provides an end-to-end platform driven by data and metrics.”
This acquisition along with a strong relationship with MidPenn Bank gives PHR a large footprint in Harrisburg, PA. PHR will continue to build out its global recruitment solutions center in Harrisburg. The company’s investment in the area continues with the establishment of its IT development center to support product development and also gain access to the untapped talent in the region.
Method3 is a provider of Recruitment Process Outsourcing (RPO) and Technology Services, providing IT staff augmentation, project management and consulting. With the acquisition, Method3 and PHR will continue to service customers including Hologic, KPMG and Triumph, among others.
“The RPO services industry has evolved in the past 20 years and today, customers expect a powerful analytics tool to effectively improve recruiting. Our goal is to help customers solve recruiting problems and reduce the cost per hire,” said John Laporta, CEO and founder of Method3. “The sale of the RPO business to PredictiveHR provides those customers a more comprehensive RPO solution.”
Method3 will continue to focus on growing its Technology Services division. Additionally, Method3 and PHR have entered into a Value-Added Reseller agreement to offer and support PHR’s software products.
PHR is SOC II certified and GDPR compliant. Current clients utilizing the PHR platform include Acquia, LogMeIn, Service King and SharkNinja, to help manage their reporting and business growth.
Method3 provides organizations support with IT and digital transformation projects. With an experienced team of IT and Data professionals, we help businesses define the business value and goals of their investments in IT and people. Customers count on us to assist in building better solutions and better teams.
PredictiveHR provides Human Resources and C-Level executives with an unprecedented view into the overall health of their talent operations. Harnessing the power of Big Data through the PHR Artificial Intelligence Engine, clients are able to consolidate disparate HR data into actionable analytics reports that allow for precise strategic decisions about their most important and expensive asset; their people. For more information, visit www.predictivehr.com or find us on Twitter @TalentData