Workforce management tech company, Quinyx, announced on Wednesday that it has acquired Widget Brain, a company that uses AI to automate and optimise workforce scheduling.
The company said that the acquisition will allow it to help organisations automate their labour optimisation, by using Widget Brain’s to increase business performance, labour law compliance, and reduce overall labour spend.
“After several years of partnering with Widget Brain, we saw the benefits of a deeper integration of the company’s disruptive and forefront technology with our own software solutions,” said Erik Fjellborg, Quinyx’s CEO and founder.
He continued: “AI and automation is the future for companies needing ROI across their WFM process. This acquisition will catapult our product offering, accelerate our progress and offer ‘best-in-class’ WFM AI solutions to the market.”
Joachim Arts, Widget Brain’s CEO added: “We built an awesome piece of AI that helps our customers make better employee schedules. It’s really taking automation in operational decision-making to the next level. In Quinyx, we have found the perfect partner who is as passionate as we are about giving employees and employers the best schedules ever made.”
According to Quinyx, the Widget Brain service allows companies to create schedules which suit employees’ preferences, which results in higher retention and engagement.
They also add that the Widget Brain team and offices will be integrated with Quinyx. And that the acquisition will bring new brands, such as Facilicom and Royal Vopak, to Quinyx’s existing portfolio, which includes shared global customers like Domino’s Pizza and Wello.
Mr Fjellborg adds: “We already share a close relationship, customers and a common vision to help businesses revolutionise their labour scheduling. This merger was a natural fit and we cannot wait to leverage Widget Brain’s outstanding machine learning and AI know-how to deliver the best and most innovative offering to the market.”