Powerful AI capabilities will help transitioning military service members find jobs in the civilian workforce
Eightfold.ai, the inventor of the Talent Intelligence Platform™, the first AI-powered solution for enterprise talent needs, has been chosen over 50 competing solutions by the U.S. Department of Labor as a next-generation platform that could help military service members transitioning into the civilian workforce find their perfect employer match. Eightfold.ai was selected as the Grand Prize recipient of the Veterans’ Employment Challenge designed to improve and modernize the Transition Assistance Program. During a final evaluation conducted by service members, instructors, and employers, the Eightfold.ai solution achieved a 96% approval rating, far exceeding the required 80% success threshold.
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By analyzing 1.5 billion anonymized resumes and job profiles, including those of 700,000 transitioned service members, Eightfold.ai uses powerful deep learning AI and its proprietary Capability Matrix to match the right individual to the right job based on their fit and potential. This could dramatically improve the experience and outcomes for military personnel and their spouses transitioning to the civilian workforce, providing a clearer vision of an individual’s career trajectory based on adjacent skills they possess or perceived skill gaps they can easily address. The goal of the solution is to modernize systems to better connect Veterans’ existing and potential skills with employers’ needs for more than 200,000 service members who transition annually to the civilian workforce.
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“Service members transitioning out of the military have unique skills that can add value to an employer,” said Ashutosh Garg, CEO and Co-Founder of Eightfold.ai. “But it is often a challenge for both Veterans and employers to understand the potential career trajectories that map back to these particular skill sets. With our AI-powered technology, we are closing that gap by looking beyond the words on a resume and creating a holistic picture of the skills that transitioning military personnel bring to civilian work.”
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