SAP acquires AI-powered human resources platform SwoopTalent

guest · Aug 17, 2021

SAP acquires AI-powered human resources platform SwoopTalent
August 16, 2021
https://venturebeat.com/2021/08/16/sap-acquires-ai-powered-human-resources-platform-swooptalent/

SAP today announced it has acquired the intellectual property of SwoopTalent, a platform that automatically connects companies’ talent systems and data for analytics, migrations, and machine learning. As a part of the deal, SAP says it will embed SwoopTalent’s technology throughout its own SuccessFactors Human Experience Management Suite, providing SAP customers with a view of human resources initiatives, including projects, fellowships, internal jobs, mentorships, and courses.

“Organizations are at a pivotal moment as work is being redefined around agility, purpose, and culture,” Chapman said in a statement.
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Latest acquisition
SwoopTalent is SAP’s newest acquisition following the German firm’s roughly $1 billion buyout of Signavio, a collaborative business process design, management, and analysis company. In 2020, SAP bought omnichannel marketing startup Emarysis, a deal that closed after the firm’s $8 billion purchase of Qualtrics, a platform for creating web surveys.
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SAP acquires AI-powered human resources platform SwoopTalent

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