Phenom, an AI-driven HR technology company, has acquired EDGE, a Bengaluru-based resource management and talent mobility platform. This strategic move aims to bolster Phenom’s workforce intelligence offerings, particularly for the professional services sector and Global Capability Centers (GCCs)
Expansion Plans in India
Following the acquisition, Phenom plans to double its workforce in India over the next two years. The company currently operates offices in Hyderabad, Vizag, and Bengaluru, with intentions to establish additional locations nationwide
Enhanced Resource Planning Capabilities
Integrating EDGE’s advanced resource planning features into Phenom’s platform will enable organizations to execute strategic workforce planning at scale. This enhancement is particularly beneficial for professional services firms and GCCs aiming to optimize talent management
Leadership Perspective
Mahe Bayireddi, CEO and co-founder of Phenom, emphasized the importance of leveraging intelligence and automation in HR functions. He stated, “In the face of rapidly developing AI innovations, organizations must level up their workforces to remain competitive.” Bayireddi highlighted that the acquisition adds significant value to serving professional services companies and GCCs
This acquisition underscores Phenom’s commitment to enhancing its AI-powered HR solutions and expanding its presence in the Indian market
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