People Matters, a community for HR and talent professionals in India and Asia Pacific, has entered the SaaS space with the launch of Octopus. Octopus is an artificial intelligence-enabled platform designed to act as a solution navigator, simplifying the process of discovering and selecting HR products from various service providers across India.
Octopus aims to simplify the task of finding the right HR tool by improving the accuracy and speed with which HR professionals can discover, evaluate, and connect with HR solutions.
Navigating the market for HR solutions has been a long and time-consuming process. It typically takes 30-45 days to research, compare, and select the right tools to find a customized, scalable solution. According to the People Matters report, 84% of organizations face challenges in identifying and selecting the right digital platforms to impact talent outcomes.
According to People Matters, Octopus addresses these challenges by leveraging AI to increase accuracy and access to more than 1,000 validated HR solutions across more than 50 categories. The platform allows the HR community to discover the latest innovations while connecting users and solution providers.