Phenom, the leading AI-powered talent experience platform, has been named a Strategic Leader in the 2022 Fosway 9-GridTM for Talent Acquisition for the second year in a row. Fosway identifies Strategic Leaders as companies that provide a rich suite of capabilities across a broad scope of features and have the sophistication to meet the needs of complex enterprise-scale customers consistently. According to Fosway, Phenom has proven its ability to deliver higher levels of innovation, customer impact, and advocacy than alternatives in the market.
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With the highest job vacancy rate Europe has seen in 14 years, the talent shortage has developed into a crisis that extends far beyond human resources. To better connect with candidates and quickly fill open roles, CHROs and CEOs from today's leading enterprises are choosing systems of intelligence to automate tasks and provide personalized experiences that job seekers expect in today's competitive talent market.
Phenom's position as a Strategic Leader reinforces that its Talent Experience Management (TXM) platform is enabling enterprises with the AI and automation necessary to quickly identify and hire best-fit talent and an intelligent talent marketplace to develop and retain their best employees.
"Organisations are facing acute recruitment challenges that require innovative approaches to talent acquisition," said David Wilson, CEO Fosway Group. "Phenom has consolidated its position as a Strategic Leader on the 2022 Fosway 9-GridTM for Talent Acquisition through its focus on innovation and harnessing talent intelligence to deliver better recruitment outcomes for customers."
In 2021, 50,000 recruiters, talent marketers and hiring managers used Phenom to hire over 2 million people and engage over 5 million employees. Built on a vast network of data, contextual industry models and deep learning, the Phenom TXM platform is empowering organizations to:
- Engage & hire best-fit candidates faster: Connecting job seekers with relevant job recommendations and content based on skills, experience, and location with a personalized Career Site, conversational Chatbot, and CMS.
- Improve recruiter productivity: Identifying best-fit talent for open roles and automating tedious administrative tasks with a talent CRM, Campaigns, AI Scheduling, Video Assessments, and AI Insights.
- Develop and retain employees: Fostering employee engagement, growth, and retention with an Internal Talent Marketplace, Career Pathing, Internal Mobility, Gigs, Diversity, Equity & Inclusion, and Employee Resource Groups.
- Enable hiring managers: Streamlining collaboration with managers and elevating meaningful insights through talent analytics.
AXA, a global insurance company, and Phenom customer continues to see new value in the Phenom platform every day.
"With Phenom, it's easier than ever for employees and candidates to explore open jobs across our organisation. Since the platform is constantly capturing and analyzing data, it's delivering personalized experiences to help everyone find the right fit. When we're able to connect people with opportunities where they can shape the way they work and realize their potential, that's the greatest achievement of all," said Amanda Vaughan, Global Head of Talent & Learning at AXA.
"As enterprises rely on talent experience to meet hiring demands in EMEA, maintaining our position as a Strategic Leader in Fosway's Talent Acquisition grid signifies how we're planting our roots in the HR technology market," said Jeff Carey, senior vice president of international business at Phenom. "Our customers chose Phenom as the AI-powered solution to not only help them find candidates faster and retain talent today - they're also investing in our constant innovation to ensure they're future-proofed for the inevitable demands that will arise tomorrow."
Companies across EMEA are successfully adopting Phenom's talent experience platform to help candidates find the right job faster, recruiters discover best-fit talent, employees learn and evolve, and managers build their teams. To support the growing need for Talent Experience Management, Phenom acquired three Europe-based companies and now has employees based in countries including Germany, France, Ireland, the Netherlands, Switzerland, Italy, Spain, and the United Kingdom.
To learn more about Phenom's Strategic Leader position, please visit their blog.
To see Fosway's full analysis, check out their 2022 9-gridTM.
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