Talentsoft, a Paris-based company specializing in learning and human capital management software, is playing a key role in helping companies upskill their workforce. Its software is being used in more than 130 countries and available in 27 languages. Among Talentsoft’s 2000 clients are large organizations, including EDF, Vinci, Lacoste, MaxMara, Toyota Europe, ST Microelectronics, Deutsche Bahn, Dorchester Collection hotels and National Bank of Belgium. “We are at the heart of the digital transformation of all of these big organizations,” says a company spokesman.
Jean-Stéphane Arcis, the company’s CEO, will participate in a panel on digital transformation moderated by The Innovator’s editor-in-chief at Huawei’s Eco-Connect Europe conference in Paris on Tuesday November 5.
Talentsoft’s technology covers recruiting, onboarding, up-to-date forms of evaluation, content creation, distribution of learning content and data management. Its product Talentsoft Hub provides organizations with a consolidated analytical dashboard on basic HR data, employee self-service, position and organization management, digital document management and electronic signature. A learning product called Talentsoft Content operates as a “Content as a Service” platform that allows organizations to have a single platform that brings together all relevant training content to develop the skills of their employees. Its Integrated Platform as a Service offer operates as a marketplace and aims to integrates the best solutions available on the market, and provides organizations ways to accelerate HR digital innovation.
While the company says it does not currently use artificial intelligence (AI) in the recruitment process due to concerns about bias, it does use AI, machine learning and Microsoft tools to:
- Better identify employee’s aspirations and development opportunities such as mobility opportunities, training content and training path
- Integrate HR processes the flow of work by, for example, providing feedback on a colleague’s achievements directly from Microsoft Teams and feed Talentsoft talent management platform in one-click.
The technology allows companies to plan ahead: If it wants to open a subsidiary in China three years from now it can use Talentsoft’s platform to identify who is the best candidate internally, determine whether there is a skills gap and make sure all the necessary training is done in time, says the company spokesman.
In January of this year the company raised $50 million in a round lead by Francisco Partners with participation from Goldman Sachs and Bpifrance. The French government has included Talentsoft in the Next40 ranking, a new index listing the 40 tech startups and scale-ups with the potential to become world-class tech leaders. And, in September Talentsoft was elected in the Top 50 Europe’s Most Promising Startups by investment banking firm GP Bullhound.