The EY Skills Foundry, unveiled by the accounting giant on 29 November, aims to help companies identify their skill needs and address them, by providing tailored training propositions for the workers of tomorrow. Artificial intelligence and machine learning are at the heart of this new initiative.
With the World Economic Forum estimating that 50% of employees will need to acquire new skills by 2025, auditing giant EY hopes its new scheme will help to close this growing skills gap. To do this, the firm’s new online platform harnesses artificial intelligence and machine learning to accurately map out the skill needs of each company that connects. The service also allows companies to benchmark themselves and use the data provided by companies to build a learning model tailored to their need
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