EY India acquires AI start-up Spotmentor Technologies

Consultancy agency EY on Monday introduced acquisition of Spotmentor Technologies for an undisclosed sum. Spotmentor Technologies is an end-to-end skilling platform to assist companies determine expertise required for the way forward for work upskilling and re-skilling expertise at scale, the corporate mentioned in an announcement.

“The acquisition strengthens EY’s people advisory portfolio of digital services to support businesses in their skilling and learning needs,” it mentioned.

Spotmentor Technologies was co-founded by Deepak Singh, Arpit Goyal, Shekhar Suman and Yash Mittal in 2016 in Gurugram. The firm broadly focuses on giant enterprises, authorities and business our bodies, serving to them determine required ability and competency gaps by way of hyper-personalised studying and re-skilling plans, it mentioned.

EY has been increasing its digital capabilities in India. Last 12 months, it acquired C Centric, a number one supplier of CRM options and providers, and in 2018, it acquired Fortune Cookie UX Design to drive digital transformation, together with design considering, person expertise (UX) design, usability and constructing user-centric digital ecosystems, it mentioned.

Rohan Sachdev, companion and consulting chief at EY India, mentioned, “The acquisition of Spotmentor Technologies will boost our digital offerings, combining our strengths in strategic people consulting and seasoned experience in learning and skills development, now delivered to clients through an intelligent technology platform.”

With this acquisition, EY provides to its workforce a workforce of dynamic consultants with wealthy know-how expertise in creating a perfect studying cycle for companies backed by rising applied sciences, it mentioned. “It aims to enable businesses to automatically identify critical competency gaps and recommends suitable learning pathways, thus ensuring real time return-on-investment on learning and development,” it added.

EY Spotmentor, the software-as-a-service based mostly expertise, studying and careers platform may be deployed throughout an organisation’s worth chain. It supplies 360-degree expertise business benchmarking to assist create success profiles and actual time identification and closure of ability gaps, EY mentioned within the assertion.

“Over the past year, we have collaborated with Spotmentor Technologies team to equip our clients with the right skill sets and they have benefitted immensely from this association. This new technology solution further strengthens our People Advisory portfolio of digital services, enabling us to effectively harness our client’s people agenda as part of an integrated business strategy,” Anurag Malik, companion – People Advisory Services at EY India mentioned.