Accenture and ETS Unite to Tackle Global Skills Gap with AI-Driven Talent Management Solution

Accenture and ETS Unite to Tackle Global Skills Gap with AI-Driven Talent Management Solution

(IN BRIEF) Accenture and ETS are partnering to launch an innovative talent management solution designed to bridge the global skills gap by integrating ETS’s AI-driven measurement tools, such as Futurenav™, with Accenture’s LearnVantage platform. This end-to-end system will enable organizations to assess, upskill, and manage talent more effectively, fostering workforce readiness for an AI-first economy. The collaboration emphasizes skills-based learning, talent mobility, and data-driven decision-making to help businesses adapt to evolving demands while creating equitable career opportunities for individuals. With global upskilling needs projected to reach 90% of the workforce by 2030, this initiative aims to prepare organizations and workers for sustainable growth in a rapidly changing labor market.

(PRESS RELEASE) DUBLIN, 19-Nov-2024 — /EuropaWire/ — In a groundbreaking collaboration, Accenture and ETS have joined forces to develop an innovative, end-to-end talent management solution designed to address the global skills gap and redefine workforce development. This strategic partnership integrates ETS’s expertise in skill measurement and credentialing with Accenture’s LearnVantage platform to create a comprehensive system for sourcing, upskilling, and managing talent.

The solution leverages ETS’s AI-powered Futurenav™ and other advanced measurement tools, alongside LearnVantage’s learning and skills development capabilities. Together, they aim to provide organizations with data-driven insights to assess employees’ durable and technical skills, enabling more effective talent placement and workforce planning in a rapidly evolving AI-first economy. By creating a consistent and reliable method for measuring job readiness and skill alignment, this collaboration seeks to empower individuals to grow their careers while helping businesses achieve sustainable growth.

A New Approach to Talent

Through this partnership, ETS and Accenture aim to establish a global model for skills-based learning and employability. The initiative focuses on delivering solutions that address several critical aspects of talent management, including:

• Evaluating emerging talent with data-supported insights;
• Facilitating internal mobility by identifying skill gaps and enabling reskilling;
• Enhancing workforce planning through actionable analytics; and
• Creating pathways for education and skill development to meet future demands.

Addressing the Skills Gap

Research from the World Economic Forum highlights the urgency of this initiative, reporting that 50% of today’s workforce needs upskilling to stay relevant, with this figure potentially rising to 90% by 2030. The failure to address these gaps could lead to an economic loss of $15 trillion in global GDP by the end of the decade.

“This collaboration is about transforming the talent ecosystem by reshaping what it means to be job-ready,” said Michelle Froah, Senior Vice President of Corporate Solutions at ETS. “By combining Futurenav and LearnVantage, we’re building tools that map today’s workforce skills and create more equitable opportunities for professional growth.”

Kishore Durg, Global Lead for Accenture LearnVantage, added, “Together with ETS, we are introducing a new framework for assessing and mapping talent to roles, enabling people to better connect with opportunities while helping organizations make informed talent decisions. This partnership brings AI-powered assessment and learning into focus, ensuring the workforce of tomorrow is prepared for the challenges ahead.”

Driving Innovation in Talent Management

LearnVantage, Accenture’s flagship talent development platform launched earlier this year, empowers organizations to foster a culture of continuous learning. By offering personalized pathways and certifications in critical areas such as cloud computing, artificial intelligence, and cybersecurity, LearnVantage helps bridge skill gaps in key technology sectors. Coupled with ETS’s decades of expertise in secure assessment and credentialing, this partnership is set to transform how talent systems are designed and implemented across industries, governments, and organizations worldwide.

This collaboration represents a significant step forward in talent management innovation, equipping businesses with the tools to navigate the challenges of a rapidly changing workforce landscape while empowering individuals to unlock their full potential.

About ETS
ETS is a global education and talent solutions organization enabling lifelong learners to be future ready. We advance the science of measurement to build the benchmarks for fair and valid skill assessment. We are committed to powering human progress by promoting skill proficiency, empowering upward mobility and unlocking more opportunities for everyone, everywhere. Our assessment products – including the TOEFL, TOEIC, GRE, and Praxis Assessments – as well as our innovative solutions and subsidiaries help 50 million people each year to clarify their strengths and find opportunities for growth in education, work and beyond. We continue to operate around the world, with offices in 25 locations and operations in 200 countries and territories. www.ets.org

About Accenture
Accenture is a leading global professional services company that helps the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale. We are a talent- and innovation-led company with 774,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at accenture.com.

Media Contacts:

Christian Harper
Accenture
christian.harper@accenture.com
+1 516 434 8615

Kristen Mitchell
ETS
kmitchell002@ets.org
+1 908 310 0306

SOURCE: Accenture