© Provided by CNBCTV18 EY India acquires Spotmentor Technologies
EY India on Monday said it has acquired Spotmentor Technologies, an AI-enabled upskilling and reskilling platform, for an undisclosed amount.
The newly acquired ‘EY Spotmentor' is a software-as-a service-based skill, learning, and career platform that can be installed across the value chain of an organization. It has been a year since EY is working with Spotmentor Technology Team. This association has helped them by equipping their clients with the right skill sets. EY conducted a pre-learning assessment leveraging its digital accelerator, Competency Connect, to run virtual assessments for the identified participants. Assessment results were integrated with EY-Spotmentor's assessment framework to identify a comprehensive skill profile of every user. Professional services major Ernst & Young in India on Monday announced the acquisition of Spotmentor Technologies in India, an end-to-end skilling platform. This acquisition is expected to strengthen EY's People Advisory portfolio of digital services to support businesses in their skilling and learning needs. About Currently working as a Python Backend Developer at EY-Spotmentor as an Independent Contractor. I am doing Python based web development using Django, Flask, Postgresql, MongoDB and Docker to develop APIs and other web services. EY Spotmentor, the software-as-a-service based skills, learning and careers platform can be deployed across an organization's value chain. It provides 360-degree skills industry benchmarking to help create success profiles and real time identification and closure of skill gaps.
The acquisition strengthens EY's People Advisory portfolio of digital services to help businesses navigate their end-to-end skilling needs, a statement said.
Spotmentor is an end-to-end skilling platform to help businesses identify skills required for the future of work, upskilling and reskilling talent at scale. It leverages emerging technologies such as artificial intelligence and machine learning to help close the critical competency gaps in an organisation, the statement said.
'It remains our priority to enable clients with tools and resources to help them adapt to rapid changes and navigate market disruptions in the new normal,' Rohan Sachdev, Partner and Consulting Leader at EY India, said.
The acquisition of Spotmentor Technologies will boost digital offerings, combining strengths in strategic people consulting and seasoned experience in learning and skills development, he added. Pusalotas lithuania.
'This reinforces our continued commitment and investments in technology and strategic acquisitions to further our range of digital offerings,' Sachdev said. EY Spotmentor – the software-as-a-service based skills, learning and careers platform – provides 360-degree skills industry benchmarking to help create success profiles and real-time identification and closure of skill gaps.
It is also designed to provide easy access to quality content, curated learning plans, and offers a real-time skill inventory health index, the statement said.
Anurag Malik, Partner – People Advisory Services at EY India, said over the past year, the company has collaborated with Spotmentor Technologies team to equip its clients with the right skillsets 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,' he added.
Spotmentor Technologies was co-founded by Deepak Singh, Arpit Goyal, Shekhar Suman and Yash Pl Mittal in 2016 in Gurugram. The company broadly focused on large enterprises, government and industry bodies.
Last year, EY India acquired C Centric (CRM solutions and services provider) and in 2018, acquired Fortune Cookie UX Design.
As companies accelerate their digital transformation initiatives, London headquartered Ernst & Young (EY) said it will hire 9,000 professionals across 2021 for a range of technology-focused roles in India.
The appointments will be made through member firms, including global delivery centres, a statement said. It will focus on apllicants who have a specialization in STEM and emerging technologies, such as artificial intelligence, machine learning, cybersecurity and analytics.
EY currently employs around 50,000 people across all its India units -- 36% of whom have a STEM background.
Once inducted, the new hires would help boost the digital capabilities of the global professional services major and enable its clients to solve complex end-to-end business transformation challenges.
Read:Only 23% of manufacturing firms in India have a clear digital strategy: EY
'Today, our clients, both in government and private businesses, are embarking on technology-led transformation and we are supporting them in this journey,' Rohan Sachdev, partner and consulting practice leader at EY India, said. 'With the pace of digital adoption accelerating exponentially, we are strengthening capabilities in emerging technology roles and significantly intensifying our hiring efforts in the coming year.'
EY's massive hiring plan comes weeks after it acquired Spotmentor Technologies, an AI-backed upskilling and re-skilled platform, to strengthen its people advisory portfolio of digital services. The company also bought CRM solution provider C Centric in 2019 and Fortune Cookie UX Design in 2018 to boost its portfolio of digital capabilities.
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The acquisition strengthens EY's People Advisory portfolio of digital services to help businesses navigate their end-to-end skilling needs, a statement said.
Spotmentor is an end-to-end skilling platform to help businesses identify skills required for the future of work, upskilling and reskilling talent at scale. It leverages emerging technologies such as artificial intelligence and machine learning to help close the critical competency gaps in an organisation, the statement said.
'It remains our priority to enable clients with tools and resources to help them adapt to rapid changes and navigate market disruptions in the new normal,' Rohan Sachdev, Partner and Consulting Leader at EY India, said.
The acquisition of Spotmentor Technologies will boost digital offerings, combining strengths in strategic people consulting and seasoned experience in learning and skills development, he added. Pusalotas lithuania.
'This reinforces our continued commitment and investments in technology and strategic acquisitions to further our range of digital offerings,' Sachdev said. EY Spotmentor – the software-as-a-service based skills, learning and careers platform – provides 360-degree skills industry benchmarking to help create success profiles and real-time identification and closure of skill gaps.
It is also designed to provide easy access to quality content, curated learning plans, and offers a real-time skill inventory health index, the statement said.
Anurag Malik, Partner – People Advisory Services at EY India, said over the past year, the company has collaborated with Spotmentor Technologies team to equip its clients with the right skillsets 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,' he added.
Spotmentor Technologies was co-founded by Deepak Singh, Arpit Goyal, Shekhar Suman and Yash Pl Mittal in 2016 in Gurugram. The company broadly focused on large enterprises, government and industry bodies.
Last year, EY India acquired C Centric (CRM solutions and services provider) and in 2018, acquired Fortune Cookie UX Design.
As companies accelerate their digital transformation initiatives, London headquartered Ernst & Young (EY) said it will hire 9,000 professionals across 2021 for a range of technology-focused roles in India.
The appointments will be made through member firms, including global delivery centres, a statement said. It will focus on apllicants who have a specialization in STEM and emerging technologies, such as artificial intelligence, machine learning, cybersecurity and analytics.
EY currently employs around 50,000 people across all its India units -- 36% of whom have a STEM background.
Once inducted, the new hires would help boost the digital capabilities of the global professional services major and enable its clients to solve complex end-to-end business transformation challenges.
Read:Only 23% of manufacturing firms in India have a clear digital strategy: EY
'Today, our clients, both in government and private businesses, are embarking on technology-led transformation and we are supporting them in this journey,' Rohan Sachdev, partner and consulting practice leader at EY India, said. 'With the pace of digital adoption accelerating exponentially, we are strengthening capabilities in emerging technology roles and significantly intensifying our hiring efforts in the coming year.'
EY's massive hiring plan comes weeks after it acquired Spotmentor Technologies, an AI-backed upskilling and re-skilled platform, to strengthen its people advisory portfolio of digital services. The company also bought CRM solution provider C Centric in 2019 and Fortune Cookie UX Design in 2018 to boost its portfolio of digital capabilities.
Payrolloneviewgdsindia
Ey India Offices
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Commenting on the development, Mahesh Makhija, partner and technology consulting leader at EY India, said, 'EY in India is developing a broader range of new digital proprietary tools and solutions, which we are looking to take to scale across organizations and geographies. We are using our sector knowledge to deliver tailored digital solutions and services to support our clients' transformation plans and leveraging the managed services model to help them navigate the volatility.'
