For our 25th post in this year’s disruptHR series, Faye Holland, our disruptHR lead blogger, chats with Andreas Dittes, the Co-founder and CEO of Talentwunder.
Faye Holland, disruptHR lead blogger interviews Andreas Dittes, Co-founder and CEO of Talentwunder, a company based in Berlin that leverages social network data and big data analysis in order to help companies identify and hire the best talent worldwide.
FAYE: Hi Andreas, why do you mean that you’re the google equivalent for people?
ANDREAS: Talentwunder is Google for recruiting. We leverage social network data and big data analysis to not only find the right skilled people but also identify who is most likely to switch jobs.
FAYE: What makes your product unique?
ANDREAS: Talentwunder is a massive people search engine with over 1.6 billion profiles. But since we are tech people, we want to dig deep into data and analyze it. That’s why we try to calculate how likely it is that one person switches jobs or moves to another location.
FAYE: Why did you decide to take part in disruptHR this year and what would you like to achieve as a result of your participation?
ANDREAS: We think that we have developed a very innovative solution that can have a big impact in the job of every recruiter. disruptHR is a platform that helps start-ups like ours to show what we have created and gives us some excellent exposure.
FAYE: Why should HR take an interest in your product or service?
ANDREAS: We think identifying the right candidates efficiently is something that will be more and more important over the next years due to the shortage of skilled workers.
FAYE: Data is obviously the big thing for Talentwunder so tell me how the analytics part works behind the scenes of your technology platform?
ANDREAS: We have created algorithms that predict the likelihood of a person being open for a new job. This helps especially for in-demand talent in sectors like IT where basically everybody has a job already. For this indicator we analyse a set of data points very much like Google analyses websites in order to rank the most important ones on top of every search. Some indicators are statistics like how long people are in their job, but also social signs like if someone updates the profile and uploads a new profile picture.
FAYE: What future plans do you have for development?
ANDREAS: We have some very interesting tools coming up soon that help even more in identifying which talent has the right skills and might be open for a job offer. Also, we are constantly adding more and more networks to help our customers identify people that cannot be found on networks like LinkedIn.
FAYE: Are your customers solely based in Germany or do you have experience/ plans to expand across Europe? Around the globe?
ANDREAS: We noticed that there is a high demand not only in Germany for our software, so we already have customers from North America and many European countries.
Company size: 15
Based: Berlin, Germany
Key customers: Over 30 including the likes of Swisscom, Daimler and Böhringer Ingelheim
Target industries: Not industry specific
What function within HR is your product designed for: Recruiting and more specifically sourcing teams or headhunters
For more information