Category: Uncategorized

AI Adoption and Sector Shifts Through Job Openings Data

Artificial intelligence is changing the job market, prompting significant shifts in workforce needs across various sectors. By analyzing job postings, investment companies can gain insights into which industries are reducing their hiring for roles likely to be automated. This helps them understand potential revenue impacts and growth opportunities.

Detecting AI Adoption Trends
AI tools are increasingly integrated into business functions, ranging from data analysis to customer service and legal assistance. For example, paralegals, traditionally performing research and document review, are being replaced by AI systems that can quickly and accurately handle these tasks. This trend is highlighted in Nexford University’s article “How Will Artificial Intelligence Affect Jobs 2024-2030,” which underscores the growing use of AI in roles previously performed by humans. Monitoring job postings can reveal decreases in hiring for such roles, indicating a shift towards AI-driven solutions.

Strategic Insights for Investment
Investment companies must stay ahead of market changes to make informed decisions. A decline in job openings for traditional roles, such as customer service representatives or paralegals, in sectors like customer service, sales, and legal services can signal a move towards AI automation. This information is crucial for identifying industries at risk of revenue loss due to a lack of automation foresight, helping investors focus on more promising areas.

For example, companies like Google and Duolingo are already replacing human roles with AI technologies. Google has integrated AI into its customer care and ad sales processes, while Duolingo uses AI for content translation, reducing the need for human contractors.

Economic Impact of AI
The economic implications of AI are substantial. A McKinsey report predicts that AI could add $13 trillion to global economic activity by 2030, primarily through labor substitution and increased innovation. However, this growth comes with job displacement. Monitoring job opening trends helps investment firms gauge which companies and sectors are reducing their workforce due to AI, identifying potential risks and opportunities.

Recent examples include:

Understanding AI adoption through job postings allows investment companies to anticipate market shifts and focus on high-growth sectors. Sectors such as AI development, advanced manufacturing, and healthcare innovation are likely to attract more investment due to their proactive adoption of AI technologies. This foresight helps investors mitigate risks and capitalize on new growth opportunities.

Additional Data from the ADP National Employment Report
The ADP National Employment Report for June 2024 provides a comprehensive overview of job trends. According to the report, private employers added 150,000 jobs in June, marking a slowdown in job creation for the third straight month. “Job growth has been solid, but not broad-based. Had it not been for a rebound in hiring in leisure and hospitality, June would have been a downbeat month,” said Nela Richardson, Chief Economist at ADP​ (ADP Media Center)​.

This data underscores the importance of monitoring employment trends to understand the broader economic impact of AI and inform strategic investment decisions.

The chart titled “ADP Employment: Establishment Size Year-over-Year Percent Change” tracks the year-over-year percentage change in employment across different establishment sizes from 2011 to 2024. 

Here are some key points:

  • Trend Analysis: The chart illustrates fluctuations in employment growth across different establishment sizes over the years. A notable drop is observed around 2020, corresponding with the COVID-19 pandemic’s impact on employment. Post-2020, there is a marked recovery, with larger establishments (500+ employees) showing a more robust recovery compared to smaller establishments.
  • Recent Trends: As of June 2024, the growth rates have stabilized, though smaller establishments (1-19 employees) show slower growth compared to larger establishments. This indicates that larger companies are recovering and possibly investing more in automation and AI technologies, while smaller businesses are facing more challenges.

This chart helps visualize the employment dynamics and how different-sized businesses have been affected over the years, providing valuable context for understanding the broader economic landscape and the impact of AI on employment.

For more detailed insights and statistics, the full ADP Employment Report is available here.

Conclusion

By analyzing job openings data, investment companies can gain valuable insights into AI adoption trends and their impact on various sectors. This approach helps identify industries reducing traditional roles due to AI, enabling better-informed investment decisions. Utilizing datasets like those from PredictLeads can provide the detailed, real-time insights needed to stay ahead of market shifts, mitigate risks, and seize growth opportunities in an AI-driven economy.

  • Job Openings Data: Since 2018, there have been 166 million job openings detected.
  • Data Availability: Job openings data is available for 1.6 million websites.
  • Recent Trends: Last month, there were 5 million job openings, and over the past year, approximately 50 million job openings were recorded globally.
  • Active Job Openings: Currently, there are about 7 million active job openings uncovered by PredictLeads.

These statistics underscore the vast amount of data available to track AI adoption and its effects on the job market, providing investment firms with the necessary tools to make informed decisions.

💜 Supercharge Your Sales Career: 1,000 New Opportunities Await! 💜

Hey everyone! 👋

We’ve got some exciting news for all you sales pros out there. Our team at PredictLeads has put together a list of 1,000 sales job openings.

We’re sharing it with you in a Google Sheet right here: 
https://lnkd.in/dn7xiqCB

This list isn’t just any list. It’s especially useful for people selling LushaSalesforceLinkedIn Sales NavigatorHubSpotSalesIntel.ioLeadGenius, and other sales tools.

Here’s why you might find it handy:

  • See which companies are hiring for sales roles and might be interested in what you’re selling.
  • Use the data to make your marketing efforts more specific and effective.
  • Spot hiring trends that could lead to new opportunities for your business.

What can you expect in the shared file:

  • Job openings Title
  • Website domain 
  • Company Ticker 
  • Companies Meta Description 
  • & Much more

And if you’re really into data, we’ve got something special for you. We have a massive database with over 157 million job listings.
You can dive into this data or use our API to get the insights you need directly.

We’re making a new list of job openings perfect for people at big companies like PwCEYKPMG, and Accenture. Want to find a great role? Let us know what you’re looking for.

Got questions or want more info? Email us at info@predictleads.com 

💜 Stay awesome!💜

💜The Untold Story of Data Analytics in Boosting B2B Marketing💜

The digital marketing world is getting a major makeover thanks to AI and big data. It’s like having a super-smart assistant who knows exactly what your customers want, sometimes even before they do.

AI’s not just about making tasks easier – it’s about making marketing smarter!
Picture this: AI dives into job opening data and picks up on which industries are booming and what skills are in demand. This goldmine of info helps marketers craft campaigns that hit RIGHT WHERE THEY NEED TO.

The real magic of AI in marketing? Personalization. AI spots patterns in how users behave and what they like, so messages can be tailored just for them. No more spammy, one-size-fits-all ads. It’s all about sending the right message, to the right person, at the right time.

Predictive analytics is another ace up AI’s sleeve. By looking at trends, like which job sectors are heating up, AI can predict where the market’s headed. This means businesses can adjust their strategies on the fly, staying ahead of the curve instead of playing catch-up.

But, it’s not all smooth sailing. With great data comes great responsibility. Issues like data privacy and ethical AI use are “kinda” big. Plus, the success of AI-driven marketing hinges on the data’s quality.

In a nutshell, as AI tech evolves, its role in marketing only gets juicier. It’s all about digging into data-driven insights and riding the wave of personalized marketing. But, it’s crucial to play it smart and ethical. Get it right, and AI won’t just be a tool
>> it’ll be your competitive edge in nailing customer engagement.<<

At the World Economic Forum’s Growth Summit, economist Richard Baldwin made a great point: “AI won’t take your job IF YOU KNOW HOW TO USE IT.” Add some Good Data into the equation, and you’re golden. 🥇

Interested in seeing how PredictLeads’ Job Openings datasets can revolutionize your marketing and sales? We’d love to chat!

Reach out at info@predictleads.com for more info. 💜

Leveraging Hiring Intent

When companies are hiring for categories such as Marketing, Sales, Financing … companies are normally in good shape to invest in new solutions that would aid them in these areas. So if you’re trying to find a segment of companies that would fit your product? Don’t overlook the hiring intent data!

Hiring intent indicates first off if a company is in good shape and in buying mode. If they are hiring for many positions this is a good sign they are in position to spend money. Specific job titles / job categories indicate what kind of area they are currently investing in. Are they hiring for SDRs, HR managers, iOS developers, Support agents … ? Each of these indicate they might be in need of a new HR system, TalkDesk software, offshore dev, Sales enablement software, Marketing analytics system …

Inside a job description one can also find expertise companies are searching for like: Content Marketing, Lead Nurturing, eCommerce Dev,  …

Job openings also include information about what kind of techniques a company is exercising. For example on could find keywords such as: Kanban, Scrum, Metrics Driven, Customer Success, Social Media, Sales Prospecting … and can help identify more forward thinking prospects that are more open to new solutions.

Inevitably job openings also include location. So if you would analyze a large company with many subsidiaries one could identify which regions they are currently investing in. Do they have 27 jobs open for an office in Hong Kong and 1 position open in France? Are they hiring for 12 SDRs in Utah and have 5 jobs open in New York -> this can help focus your efforts to promote your solution to the right subsidiary.

One of the good indicators is also job type. Is company offering Full-time, Part-time job or a Remote job possibility? For example your solution provides outsourced blog writing. Companies searching for part-time blog writers with a possibility of a remote work should prove to be a great fit. Thanks to job opening data you are able to figure this out and spend more time with highly qualified prospects.

You can combine hiring intent with other technographic data ie.: find companies using SalesForce, HubSpot, Tableau, AutoCad … & at the same time hiring for Marketing. These combinations can prove to be really powerful & help you pin point the target segment with laser like accuracy.

Happy selling!

Cheers, Roq

Segment leads via different data sets

We’re proud to announce our newly developed system for uncovering and segmenting leads. You can take advantage of the following segments to create perfectly tailored lead lists.

Segment by companies that are:

  • hiring for specific talent (dev, marketing, sales, …)
  • use specific products: Saleforce, Oracle, SAP …
  • Companies that promote different forward-thinking methodologies: agile development, data driven development, are into content marketing, customer success, prospecting …
  • experienced specific events recently: launched products, received funding, expanded offices, invested into assets, developed new apps, relocated headquarters, made leadership changes…
  • led by key contacts you want to target (CTO, CMO, co-founders …)

Lead list segmentation

 

Why is all this important? Because now you can generate much more personalised emails and unearth prospects through lead activities that were hard to automatically track before. We use natural language processing and machine learning to unearth the above found data. Data is nicely structured and you could go ahead and not just pick companies that had leadership changes, but only those that changed CTOs or you could define what kind of products companies you are targeting they have launched: mobile, web, payments …

Your picked audience will be super targeted and your messaging very tailored. Meaning you’ll send less spam and more emails to the companies that would truly benefit from using your product. Which sales should be all about. Selling to those companies that need your products most and thus saving everyone lots of time with badly targeted leads.

As Max Altschuler points out in his book Hacking Sales you can segment companies or lead lists by criteria such as firmographic data (location, num of employees, revenue …) and with tools like Datanyze also segment these lists by technologies.

PredictLeads adds new dimension to this kind of segmentation. With tracking events found on blogs, news sites and job openings using sophisticated machine learning algorithms, we allow you to target companies on a very granular basis.

For sure you won’t be able to produce lead lists that are tens of thousands of prospects long. But this is exactly the point … These are your spear accounts as Jason Lemkin puts it. The leads of high value and big ROI. We don’t recommend adding them to fully automated drip campaigns but rather using supervised and tailored messaging to each of these accounts. The benefits will be well worth it.

Happy selling! 🙂

Roq

API for receiving fresh company events available

 

As Steli Efti would say, hello sales nation! 🙂

We’re proudly announcing that our API for receiving fresh categorised company events is now available!

To dig right in …  a company called Logicworks launched a new product. In this case our API would return you the following:

“labels”:”new-offering”, “organisation”:”Logicworks”, “subject”:”Cloud Security Automation Framework ”, “published_at”:”June 8, 2016”, “date”:”June 8, 2016”,  “url”:”http://www.logicworks.net/news/2016/logicworks-launches-cloud-security-automation-framework-aws”.

Another example … at Digital Ocean a leadership change has happened. Our API would return the name and position to which this person was appointed to.

“labels”:”leadership-change”, “organisation”:”Digital Ocean”, “person”:”Julia Austin”, “job-title”:”CTO”, “published_at”: “June 7, 2016”; “date”: “June 7, 2016”, “url”:”http://www.businesswire.com/news/home/20160607005536/en/DigitalOcean-Hires-Julia-Austin-CTO-Lead-Engineering”

iProspect received an award, our API system would give you information on the name of the received award:

“labels”:”award”, “organisation”:”iProspect”, “subject”:”Best use of data and analytics in real-time for a search campaign”, “published_at”: “June 2, 2016”; “date”: “June 2, 2016”, “url”:”http://www.indiantelevision.com/mam/marketing/mam/iprospect-earns-a-silver-medal-at-2016-ames-awards-160602″

Qadium just received funding, our API would also let you know which round they’re at and how much they have raised:

“labels”:”funding”, “organisation”:”Qadium”, “subject”:”Series A”, “amount”:”20,000,000″, “published_at”: “June 6, 2016”; “date”: “June 6, 2016”, “url”:”http://www.finsmes.com/2016/06/internet-sensing-company-qadium-closes-20m-series-a-funding.html”

There are a few more events like the ones above that we can bubble up for you such as: “expansion” and “partnership”.

We hope that with this kind of information you’ll be able to generate even more personalised products. If you’re interested in trying out our beta version, send us an email at roq@predictleads.com.

Happy selling! Roq

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