Explaining The Massive People Data Market: How It Works & What You Need To Know

This week Lightcast, one of the largest providers of people, jobs, and labor market data, acquired Rhetorik, a leading data collection company. Since this space has become highly strategic and ever-more essential to HR leaders (and it’s just getting more important with AI), I decided to try to explain the space. In this podcast I explain the difference between data collection companies, data enrichment companies, and talent intelligence companies. As you’ll see this is a massive multi-billion dollar space, and the quality of this data is now vitally important to your company’s recruiting, hiring, internal development, and planning strategies. The market for job and skills data is also collapsing with the salary data market, which is disrupting salary surveys. And now these companies are combining this data with real-time business information, economic data, and highly proprietary company intelligence. So there’s a lot going on, and it’s important for all HR, marketing, and business leaders to understand it. More to come on this topic, listen up and read our new research on this space, as well as our industry by industry Global Workforce Intelligence studies, all available in Galileo. Additional Information People Data For Sale: How The Talent Intelligence Market Works