Degreed acquires talent platform Adepto

Degreed, the workforce upskilling platform for one-in-three Fortune 50 companies, has acquired Adepto, a Total Talent platform that provides visibility and access to the skill-sets of current, past, and potential workers.

The combination will accelerate Degreed’s global expansion, and add enhanced skills inventories, on-the-job development experiences, and career mobility to the company’s learning experience platform.

Founded in 2013, Adepto enables organisations to build private Total Talent networks that intelligently match internal and external workers to project, gig, and job opportunities that fit their skills and career goals.

It also provides business leaders with easy-to-use tools to track and access the skill-sets and interests of their entire pool of available talent — current and past employees, as well as contractors, freelancers, consultants, and potential new hires.

It will also provide deeper insights into the supply and demand for skills in their businesses.

“Our clients and users want more than just an engaging learning experience,” said Degreed CEO, Chris McCarthy.

“They want to continuously align their capabilities to new growth opportunities. To do that, they need real-time insights about the skills, experiences, and interests of all their workers — not spotty data from performance reviews or inferences from HCM systems. They also need a way to fluidly connect people to the right roles.”

“Adepto will enable Degreed’s customers to unlock a more complete inventory of available skill-sets,” noted Degreed’s Chief Experience Officer, Kat Kennedy. “That data is invaluable for benchmarking capabilities and optimizing investments in upskilling and reskilling. But it can also help to augment or inform crucial business processes like workforce planning, talent acquisition, and performance management.”

“Adepto and Degreed coming together will empower businesses to meet market demands more efficiently,” said Adepto Founder and CEO, Chris Milligan.

“We have always worked with organisations to better mobilise their Total Talent. Now, with Degreed’s LXP and skills measurement capabilities, we can also provide customers with end-to-end solutions for upskilling and transforming their workforces — cost-effectively and at scale.”