At the onset of the pandemic two years ago companies across the board were pushed in a corner and had to transform themselves practically overnight and move the majority of the workforce to a remote work setup. While there were initial apprehensions about the long-term viability of remote work, in the last two years remote work has become a core part of talent strategies for engineering teams across the globe. The ability to leverage global talent pools efficiently has become a core differentiator for the agile scaling up of product and technology teams.
The rise in popularity of remote work coupled with the high demand for digital skillsets has led to a large talent sourcing and retention problem across the globe. A new set of players categorized as ‘Talent Cloud’ companies have come to the forefront who are leveraging technology to address the gaps in vetting, sourcing, and retention of global talent. With an additional emphasis on AI/ML, a focussed set of companies in the ‘Intelligent Talent Cloud’ category has built a strong differentiation by providing an AI/ML-based platform for accessing high-quality vetted global talent pool at very short turnaround times.
