Nestor simplifies and accelerates the skills management process with AI Suggestions and Market Libraries
4 min read
Nestor introduces Skills Market Libraries and AI Suggestions at the Unleash America event, providing valuable insights into hidden employee talents, predicting future skill requirements, and helping employees succeed in the digital era.
Nestor, the Skills-Based Talent Management Platform that helps organizations identify, activate, and deploy employee skills to drive peak performance, innovation, and growth announces the launch of Skills Market Libraries enhanced by its AI suggestions, at Unleash America 2024, The International Festival of HR. Nestor is present for a third year in a row at Unleash America, where it showcases its platform in front of a global audience of more than 5,000 HR Leaders. The event takes place on May 7-9, in Las Vegas.
In a world where over 60% of workers will need retraining by 2027, understanding and harnessing the power of individual skills has become a strategic priority for companies aiming to stay agile, innovative, and competitive in the market. In this context, dynamic skills taxonomies are an essential step for identifying and using skills to make smart talent decisions that match business priorities. However, building a skills repository from scratch is a complex process, with a lot of time and effort involved.
Nestor’s newly launched Skills Market Libraries and AI Suggestions provide a unique solution, helping organizations overcome this challenge effortlessly. They gather data from multiple sources and give instant access to a multi-language taxonomy with over 20K skills, 14k+ mapped job roles, and more than 15 industries covered.
With Nestor’s AI-powered suggestions, HR leaders can identify emerging skill trends in the market and get tailored recommendations on how to keep their skills repository relevant and updated. Additionally, employees receive recommendations of adjacent skills, uncovering overlooked and hidden talents they might possess, thereby maximizing their potential and enriching their skill set for future opportunities.
With our recently launched solutions, we provide HR and business leaders with an exclusive opportunity to speed up their journeys toward a more agile and productive workforce. Many organizations seek to harness skills for various use cases, such as optimizing learning investments, strategic workforce planning, or aligning employee skills with business objectives. Nestor’s skills-based talent management platform enhanced by AI streamlines these processes in a fast and effective way.
— Bogdan Apostol, CEO & Co-founder Nestor
By leveraging Nestor’s dynamic skills taxonomies enhanced by AI, companies gain complete visibility into the workforce’s skills and untapped potential, and can easily spot current skills gaps. This not only ensures that employees have the right skills for their roles but also serves as a framework for career growth, personalized upskilling and reskilling initiatives, and fast deployment of talent.
You can meet the Nestor team during the Unleash America conference, on May 7-9, in Las Vegas, where Nestor will be present with a booth in the expo area. Unleash America is the number 1 conference for HR Leaders around the globe, an event that promises three days filled with unparalleled opportunities for learning, networking, and innovation.
For more information, please visit the original press release here.
About Nestor
Nestor is a Skills-based talent management platform that helps HR and business leaders identify, activate, and strategically deploy skills within their organization to drive peak performance, innovation, and growth.
With a market library of over 20,000 skills enhanced by Nestor’s AI skills suggestions, you gain unprecedented visibility into your people’s capabilities and dynamic mapping of their skills.
Our leading platform combines the tools, insights, and decision-making support you need to understand people’s strengths and skill gaps and leverage tailored learning recommendations to unlock hidden potential, in line with career and business goals.
Nestor’s Talent and Opportunity Marketplace helps connect talent with gigs, projects, or new open roles based on AI smart-matching, ensuring people with the right skills are in the right place at the right time.
Nestor is trusted by HR and people leaders in mid-to-large enterprises, including F500 companies, across the US, Latin America, Europe, and the Middle East.
Nestor is rated the #1st Easiest to Use Skills Management Software on G2.
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