Lightcast, a leading provider of global labor market intelligence, has launched Skills Agent, a new automation capability within its Talent Transform platform. This innovation addresses a major workforce transformation challenge by automatically updating skill-to-job associations in real time—eliminating the need for manual skill mapping and expensive consulting projects.
As companies shift toward skills-based models, the demand for accurate, dynamic skills data is critical. Deloitte reports only 17% of organizations can reliably anticipate future skill needs, with many relying on quarterly audits or outdated libraries. Skills Agent turns static job architectures into dynamic, living systems that evolve with labor market changes.
The tool proactively detects shifts in the labor market, internal roles, and business needs, recommending relevant skills based on Lightcast’s proprietary skills taxonomy—covering over 73,000 occupations and 34,000 validated skills—adopted by 6,000 organizations and 250 HR tech partners globally.
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Key benefits for HR teams include:
Real-time skills intelligence – Skills Agent identifies and justifies skills for job profiles based on up-to-date market data.
Standardization & agility – Talent Transform standardizes job architectures across business units and geographies.
Market-driven methodology – External labor data is integrated to benchmark and enrich internal profiles.
According to Dr. Reddy's Laboratories Global L&D Leader Devesh Awasthi, the platform has been a “game-changer” in driving a skills-based approach.
Manual skills mapping takes 2–4 hours per role plus quarterly updates—over 4,000 hours annually for 1,000 roles, costing $400,000–$800,000 when outsourced. Skills Agent eliminates these costs, delivering up to 6–12x ROI in the first year, along with live, self-maintaining job-skill relationships and faster workforce planning.
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Source: PRN Newswire