Human capital technology company, Data Labs, proposed to be acquired by Estrella Resources (ASX:ESR), is on boarding three new clients for the use of its people analytics application, Talent Lab.
Talent Lab is a people analytics software that enables the transformation of human capital data into actionable insights through interactive data visualisation.
The clients span across the finance, education and telecommunications industries and include a sovereign wealth fund, a multi-billion dollar Asian telecommunications company, and a university with almost 40,000 students and more than 2000 staff.
The names of the organisations were not disclosed.
The company has recently announced two such deals, one with a ‘big four’ accounting firm from the China market, as well as the ADP Marketplace and its 630,000 clients worldwide.
Data Labs said, in a statement, that it will leverage channel partners as part of its strategy to achieve exponential scale.
“We are pursuing a pipeline of almost 100 potential clients and having organisations of this repute on board shows the quality and effectiveness of our product,” Data Labs CEO, Sam Jones, said.
The company added that Estrella proposes to acquire Data Labs following completion of a number of conditions precedent including mutual due diligence, shareholder approval and re‐compliance with the ASX listing rules.