Liberwin Announces the Launch of Its Skill-based Gigwork Platform to Disrupt the Global Talent Market Landscape
Bangalore: Bangalore-based tech startup Liberwin Technologies has announced the launch of its much-awaited Skill-based Gigwork Platform “Liberwin” to transform the global landscape of future-of-work and democratize the way talent meets the work.
Bangalore-based tech startup Liberwin Technologies has announced the launch of its much-awaited Skill-based Gigwork Platform “Liberwin” to transform the global landscape of future-of-work and democratize the way talent meets the work.
The AI-powered new age platform has both Enterprise (B2B) and Freelance (B2C) editions and desires to storm the fast-growing global HRTech market. The platform packs a variety of unique features to power enterprises transform themselves into a gig marketplace quickly on the one hand, it empowers the freelance talent to leverage their skills through their Skills Score and Work Worthiness Index (WWI) to get the Work of their Choice on the other hand.
The Liberwin Enterprise edition enables Increased Enterprise Agility, Dynamic Skill Discovery, Speed of access to right Talent, Improved Work Productivity, Work-Choices for Employees, Deployment & RoI for Upskilling / Reskilling initiatives, Instant Reward & Feedback, Talent Management Insights and simplified day-to-day employee experiences.
The Liberwin Freelancers edition enables enterprises to access contingent talent on demand, startups to leverage student talent through internships, enables freelancers (Students, Independent professionals, Untapped skilled talent pool) in getting opportunities hassle-free matched by AI, Winning work using Skill scores & WWI, Earning with certainty and Learning with feedback. Both editions help in building digital knowledge on work and talent, throughout the lifecycle of work publishing till work completion.
The platform has dynamic Skill Validation at its core and provides Skill Assessment as a Service (SKaaS) to Enterprises and Recruitment agencies to screen talent by a variety of Skill assessment options (AI-based certification validation, Assessment by Testimonials, Internships, Online Skill assessment tests and Online interviews) which translates into objective Skill scores leading to faster talent sourcing and assessment cycle.
According to the recently published report on freelance platforms market by Orbis Research, the global Freelance Platforms market size is projected to reach US$ 9.2 Bn by 2026, from US$ 3.4 Bn in 2019, at a CAGR of 15.3% during 2021-2026.
According to the recent CXC Global’s 2021 Contingent Workforce Trends report, 77% of executives believe freelance and gig workers will substantially replace full-time employees within the next five years, 32% of organizations are replacing full-time employees with contingent workers as a cost-saving measure, 54% of companies will make contingent workforce part of their strategic planning in the next two years and more than 80% of large corporations are planning to substantially increase their use of freelance and contingent workers.
The Liberwin founders said,
“We started with a firm belief that the Future of Work and Talent will be digitally distributed and will leverage new-age skills and modern collaboration. Liberwin adopts an ecosystem approach to facilitate work and talent digitally connecting with each other using a powerful AI platform. We want to expand globally and are in advanced discussions with a number of channel partners, training partners and skills assessment partners in multiple regions globally to provide an exceptional end-to-end experience to our users.”
“According to the Association for Talent Development’s 2020 State of the Industry report, the average organization spent $1,308 per employee on learning and development in 2019 (close to the $1,299 seen in 2018), and each employee used 34.7 hours of formal learning (slightly more than four eight-hour workdays), up from 34 hours in 2018. With billions of dollars being spent on upskilling and reskilling, our platform will bring music to the ears of enterprises that plan the next logical step of leveraging/deploying the newly acquired skills of talent and raise the RoI on wider learning and development budgets.”
“We also find our platform and its features fitting well into the Gartner Hype Cycle for Human Capital Management Technology, 2020 in terms of being in a space of growing demand and staying relevant for the future.”
“We are contextually well-placed to help talent see their value from the lens of Skills and Employability. In fact, we are excited to note that our business model and approach resonates well with the recent initiatives by Nasscom FutureSkills, AICTE (All India Council for Technical Education) and Microsoft.
AICTE is planning to assess the learning levels of engineering and management students during the course of their studies for the first time in order to judge the employability of students.
FutureSkills by NASSCOM focuses on 155+ skills spanning across 70+ job roles on 10 emerging technologies namely Artificial Intelligence, Blockchain, Big Data Analytics, Cloud Computing, Cyber Security, Internet of Things, Mobile Tech, Robotic Process Automation, Virtual Reality & 3D Printing.
Microsoft announced the Future Ready Talent program, which is a collaborative virtual internship program for students, offered in partnership with AICTE, FutureSkills Prime – a NASSCOM and Ministry of Electronics and Information Technology (MeitY) digital skilling initiative, Ernst & Young (EY), GitHub and Quess Corp.”
Liberwin founders (Ganesan Arulanandham, Ashok Mithiran, Sasikumar Sundararajan) bring in a strong mix of experience from Technology, Delivery and Big-4 Consulting across multiple sectors globally with a combined experience of close to 75 years in the Industry.