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SAP SuccessFactors launched a new Career and Talent Development solution, which integrates with the entire SAP suite of platforms.
The new Career and Talent Development product allows employees to set career goals inside the SuccessFactors platform, aligning employee aspirations with business needs. The tool allows employees to explore different career paths within the organization, assess their readiness for those new roles, and leverages skills data and AI to help employees identify upskilling and learning opportunities to improve their readiness.
“It’s a really exciting time with skills,” SAP SuccessFactors president and chief product officer Dan Beck told HR Brew. “I think for a decade…we vendors have been under-serving the market with skills.”
With the launch of the new career and talent development capabilities, SuccessFactors also bolstered the talent intelligence hub, a skills system in the platform that helps HR pros with talent development and workforce planning. SuccessFactors customers can now integrate skills data from third-party solutions, both external providers and those built inside the SAP ecosystem.
The first partners to integrate with the talent intelligence hub will include Beamery, Degreed, iMocha, Korn Ferry, Lightcast, Phenom, TalenTeam, and TechWolf, according to a news release. Beck told HR Brew more would be added.
The alignment with existing skills platforms will facilitate a smoother integration across platforms of skills nomenclature, taxonomy, and proficiency. This two-way integration leverages new capabilities of AI.
“You can infer skills at scale with AI,” Beck said. “You can look at a CV, glean skills. You can look at a job description, glean skills. You can look at a piece of learning, glean skills. You can associate that based on activity in the system.”
SAP SuccessFactors announced the new Career and Talent Development solution in Lisbon, Portugal this week during its annual customer event. The release also included additional generative AI capabilities in its Employee Central and Employee Central Payroll solutions via its Joule AI copilot.
Zoom out. With the help of new generative AI tools inside HCM and HR platforms, organizations are “under significant pressure” to become a “skills-based organization,” according to Stanford AI professor Kian Katanforoosh.
Advances in HR tech and AI have seemingly unlocked the ability to discern skills-based talent strategies at scale. What could potentially take organizations months or years to develop, organize and utilize, can now be organized quickly through natural language.
What was “grindingly hard,” Beck said, is “really easy now. So we’re kind of standing on the shoulders of giants.”