BOSTON—Burning Glass Technologies announces the acquisition of Tabulaex, a labor market analytics firm based in Milan, Italy, for an undisclosed sum.
Burning Glass and Tabulaex are both leaders in the field of real-time labor market analytics, and the acquisition strengthens Burning Glass as a global provider of labor analysis software products.
”I am tremendously pleased to add the Tabulaex team to the Burning Glass family,” said Matt Sigelman, CEO of Burning Glass Technologies. “The organizations have complementary strengths, a common culture of robust data science, and a strong commitment to developing data and solutions that address the gamut of societal and commercial problems that stem from inefficiencies in the labor market.”
“We believe that the collaboration with Burning Glass Technologies is a great opportunity to strengthen Tabulaex’s ability to design and implement innovative products and services for the analysis of the labor market for the full satisfaction of its customers,” said Alberto Daprà, Managing Director of Tabulaex.
Burning Glass, founded in 1999 with headquarters in Boston, provides labor analytics products in six countries: Australia, Canada, New Zealand, Singapore, the United Kingdom, and the United States. Tabulaex, founded in 2005 by University of Milano-Bicocca professor Mario Mezzanzanica, serves clients in continental Europe.
Tabulaex will remain an Italian entity staffed by its current team and Burning Glass has reaffirmed its commitment both to building Milan as one of its global data and development centers and to its partnership with the University of Milano-Bicocca’s CRISP research center. Sigelman will take on the role of Tabulaex’s Chairman while Daprà will serve as its Managing Director. All existing Tabulaex project commitments and staffing will continue without change.
Tabulaex is an accredited spin-off of the University of Milano-Bicocca created to bring research results to the market, in particular the advances at the CRISP Interuniversity Research Centre. Tabulaex‘s mission is to provide innovative methodologies, analytical tools, and visualization of digital data (structured and unstructured) to support decision makers, improve business processes, and enable new data-driven business models in private and governmental organizations. Find out more at tabulaex.com.
About Burning Glass Technologies
Burning Glass Technologies delivers job market analytics that empower employers, workers, and educators to make data-driven decisions. The company’s artificial intelligence technology analyzes hundreds of millions of job postings and real-life career transitions to provide insight into labor market patterns. This real-time strategic intelligence offers crucial insights, such as which jobs are most in demand, the specific skills employers need, and the career directions that offer the highest potential for workers. Find out more at burning-glass.com.