2. IYS is a HR Tech Venture that
provides Skills Analytics Solutions
powered by an unique
Skills and Occupations Taxonomy
to bring quantum improvements in
Talent Development, Talent Deployment and
Talent Acquisition (Recruitment)
3. Lets Take Some World Challenges
i t s y o u r s k i l l s . c o m
CHALLENGES WHAT NEEDS TO BE DONE
Individuals find it difficult to make
choices on what careers they should take
Individuals should be able to map their skills well, they should be having
data on what skills are in demand, what skills are likely to have the future
Individuals in companies do not have
clear idea of their fut
Individual should be able to map their skills well, they should have data on
what skills are required in different jobs within the company or in their areas
in the market
Companies need agility to respond to
competition
Skills will have to be quickly augmented from within company (preferably) or
from outside (on short term or long term basis) to cater to the demands of
the competitive scenario either to innovate or to respond.
Governments need better data to
channelize nation’s human resource
development
We need Big Data on skills from different sources to create models and
predictive analytics so that Governments can channelize resources to the
right efforts
4. i t s y o u r s k i l l s . c o m
Three Interrelated Solutions
Skills
Ontology
Individuals (B2C)
Platform
Enterprise (B2B)
Applications
Skills API (B2B2B,
B2B2C)
SOLUTIONS that combine skills
research and cutting-edge
technology and leverages
opportunities in the three segments
5. Company Private Limited, Based in Chennai, Office in the US
Space HR Tech | B2B2B, B2B2C, B2B, B2C | Global audience
Nature of Solutions SAAS, APIs | Core engine is an unique Knowledge base
Stage Solutions Live, Model Validated, Small Revenue generated (150K USD)
Investment Investments by Self, Family and Friends | Two External investors have taken equity
Competition Very little or nil
Market Size HR Tech is a 500 Bn Dollar company
Opportunity Software As A Service (SAAS) is hot, HR Tech is seeing huge investments, Tremendous
room for tech enabled innovation
Directors Two
Quick Snapshot of IYS
i t s y o u r s k i l l s . c o m
Q A
6. Pros and Cons on HR Tech Investment
Negative Factors:
1
2
3
HR Tech is a very crowded place with
thousands of small players, particularly
in the Recruitment space
There are a handful of large players who
are well entrenched into the enterprise sector
HR (except areas like Payroll) are not
Must-Have-Applications area
Positive Factors:
1
2
3
Problems in HR (recruitment, learning &
development etc.) are still ubiquitous and
profound
Tremendous room for innovation in solving
the problems
Huge opportunity if business model is right
7. Key factors of IYS approach
1
2
3
Problems and solutions to the ubiquitous and profound problems related to employability, employment,
development, deployment etc. revolve around “Skills”
So far the emphasis when it comes to Human Capital has been on information such as Age, Titles, Years of
Experience, Degrees. These are less relevant today. What is relevant is “Skills”
However, “Skills” are fuzzy, non-numerical, confusing and difficult to measure.
4
If we can get quality data on Skills, analytics around skills will enable superior Human Capital Management
activities at individual, organization and government levels.
8. IYS has been there for 10 years. Why has it not made money?
IYS invested in solving a critical and complex problem. And solution for that had to be created ground up.
And solution has had to undergo several iterations to ensure its usefulness, scalability, and applicability
across domains.
IYS has generated revenue of 150K
In the process it has also seen validation of its thinking on the problem and solution.
Some doubts that could come when
Considering investment in IYS
9. Some doubts that could come when
Considering investment in IYS
IYS says that the problem of Skills data is important. Why have other big players not solved it? Wont others
not jump and start copying / competing?
Skills Data (Taxonomy / Ontology) is not a pure technology problem. It may not be a rocket science but
definitely needs time and effort to appreciate the various complexities related to the space.
And this IYS invested – time and effort.
Many others try to bring technology wizards to solve the problem. But have not succeeded.
Copying is not so easy as there are complexities in the Data Model, not that it cannot be copied. But there is
little reason to copy as IYS shares the resource, at a cost of course.
11. i t s y o u r s k i l l s . c o m
Three Interrelated Solutions
Skills
Ontology
Individuals (B2C)
Platform
Enterprise (B2B)
Applications
Skills API (B2B2B,
B2B2C)
SOLUTIONS that combine skills
research and cutting-edge
technology and leverages
opportunities in the three segments
12. The core / central IP
A rich comprehensive database of skills across industries and functions
Goal: A common language or standard of taxonomy on skills globally so as to improve
analytics on skills for various activities
ISOT – IYS Skills and Occupations Taxonomy
Over 100,000 terms across 32 categories
Constantly updated using a HIML model (Human Intelligence on Machine Learning)
A rich data model that is crafted to address complexities of skills space
Intelligent organization of skills to make mapping of skills insightful
13. IYS Offering 1: Skills API (B2B2B / B2B2C)
i t s y o u r s k i l l s . c o m
Target Audience
HR Tech companies like HRIS (example Success factors), Job Boards (Naukri), LMS
(example: Saba), Recruitment Systems (eg: Kennexa), etc
Revenue Model
Pay for use i.e. pay for the number of API calls (in simple terms how many ever times
the skills are fetched) and per API call is around 0.02 USD.
So a customer using 1 Mn calls will pay 20,000K USD
Competition
There are other taxonomies like O*Net. However, no one is anywhere close to IYS
Skills Ontology
Illustration of the solution
The solution i.e. Skills Ontology API is like the Google Maps API
Google Maps is very basis of all applications that are location based like Uber, Swiggy,
Amazon etc.
Google Maps get paid on API calls and also keeps garnering meta data to build
intelligence
14. IYS Offering 2: B2B SAAS Applications
i t s y o u r s k i l l s . c o m
Applications Employee Skills Analytics (ESA) and Candidate Skills Analytics (CSA) applications
Target Audience Business Organizations across industries and size
Revenue Model Pay Per Use | Yearly subscription | Pre-paid credits
Purpose
Improve skills utilization within organization; Avoid unnecessary hiring; Analyze and
plan better on skills required for the future Personalization and focused development
plans; Democratize professional enhancement; Reduce recruitment process time;
Improve quality of recruitment; Empower Hiring Managers with real time hiring;
Alignment between business goals and talent strategy / plans
Functionalities
Job Skills Mapping; Employee Skills Mapping; Skills Gap Analysis, Skills Deployment;
Skills Inventory; Skills Analytics
Competition
Skills Management is a BIG missing piece in most HRIS
There are two other small players but even they lack a Skills Ontology which is core to
the solution
15. IYS Offering 3: Personal Skills Profiling (B2C)
i t s y o u r s k i l l s . c o m
Target Audience Individuals and Students
Offering
Phase 1: Personal Skills Profiling (PSP) Phases 2 and 3 will bring service providers
and intelligence for personalized recommendations
Revenue Model
Based on profiles consumed by others (such as job providers); services providers
(such as assessors, trainers)
Purpose
Enable individuals with personalized recommendations on skills they need to develop;
create opportunities for them to deploy skills; provide avenues for them develop their
skills
Collaborators Assessors and Assessment companies; Training companies and providers
Competition
Job portals like Naukri, Social portals like Linkedin
However, there is a huge opportunity to disrupt this market by focusing on quality
mapping, personalized recommendations and bringing services to individuals
17. SWOT Analysis
i t s y o u r s k i l l s . c o m
Strong IP
Innovative Business
Model
Scaleable model
01
STRENGTHS
02
THREATS
03
WEAKNESSES
04
OPPORTUNITIES
Attempts to copy IP
Erosion of first mover
advantage
Cash flow constraints
Currently solutions are
in English, Need to
make them multi-
lingual
HR Tech is 500 Bn market
Software As A Service
(SAAS) is hot
Need for skills
management is pressing
need
Competition is low
18. i t s y o u r s k i l l s . c o m
Utilization of Funds
Sales &
Marketing
1
Development
Phase 2
2
People and
Operations
3
we see potential is
huge and that with a
systematic and
aggressive promotion
we can win lot of
business (So far we
have spent zero on
Sales & Marketing)
this will involve
enhancement of
applications and
developing of the AI /
ML engines for skills
analytics
need to augment
team in different
areas like
Business
Development;
invest in tech
stack