April 9, 2020

Talent Innovation Leader SHL to Acquire Assessment Platform Aspiring Minds

SHL to acquire Aspiring Minds

SHL’s Renowned Talent Science Will Combine with AI-powered Talent Assessment of Aspiring Minds

SHL, a leading company that provides talent solutions across employee lifecycles, recently got into an agreement with Aspiring Minds to drive digital transformations across organizations. SHL provides innovative solutions that drive strong business outcomes, while Aspiring Minds is an assessment and credentialing platform which helps improve recruitment and workforce efficiency. The acquisition will combine SHL’s renowned Talent Science with AI-Powered Talent Assessment of Aspiring Minds.

Aspiring Minds encompasses numerous groundbreaking solutions under its belt, Artificial Intelligence-powered talent assessment, psychometric tests, aptitude tests, and interviewing solutions to name a few. Its portfolio showcases various languages, coding, video interviews, and skills tests to boost overall talent acquisition.

Aspiring Minds has grown rapidly ever since it was founded in 2007. It serves more than 3000 customers worldwide with over 100 of them being from the league of Fortune 500 companies.  Himanshu Aggarwal, the Co-founder, and CEO of the organization revealed that Aspiring Minds has scaled rapidly over the years, serving establishments across India, China, the Middle East, Philippines, and the US. He was elated with the opportunity that acquisition provided in terms of serving thousands of companies worldwide.

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Lack of Digital Talent Is a Major Hindrance to Digital Transformations

SHL’s CEO Andy Bradshaw told that there was a huge gap between professionals who wanted to transform their companies with digital strategies and those who actually managed to do that. The lack of talent is a major challenge while executing Digital Transformation. “This acquisition infuses Aspiring Minds’ advanced AI technology throughout SHL’s portfolio at a platform level and will leverage our rigorous science to enable the technical, emerging and leadership talent required for our 10,000-plus customers to succeed in the digital era,” Andy said.

Ever since the company re-established itself as a standalone business in April 2018, SHL has launched an array of new solutions to provide deep employee insights to predict and drive performance in organizations. SHL has an unparalleled view of the workforce and in order to drive better talent outcomes for its global customers, it will continue to invest in suitable companies and capabilities. Right Management, APTMetrics, mindgym, and SHRM are some of the top companies vying with SHM in the talent solutions space.

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Abhishek Upadhyay

Abhishek Upadhyay is a former contributor for TecHRseries. He is a Content Marketer with an affinity and flair for writing. He has crafted blog articles and marketing collateral for both B2B and B2C campaigns in his career of over 7 years and served various industries covering IT, Mass Media, Manufacturing, e-Commerce, and Services.

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