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Looking for potential competing services that provides users career advice based on statistical analysis or machine learning
Greetings!
Thanks for requesting a list of competing services that would provide users career advice based on statistical analysis or machine learning. The good news is that there is very little, if any, competition in this field. The bad news is that, in light of this lapse of competition, the data I am presenting includes some approximations. Below you will find a deep dive of my findings.
METHODOLOGY
Due to the fact that there do no seem to be any apps out there that give career advice based on statistical analysis or machine learning, this can certainly be regarded as a boon for your app and your pitch: there is a major need for this specific type of app. There are, however, apps that give career advice, advanced job search apps, and apps that test personality and fix users to a career. While they are not exactly what the research request calls for, I am including five examples that are the closest to your concept (an app that provides career advice based on statistical analysis or machine learning). Again, despite extensive research, it became clear that there exists no app which provides career advice based on market data (statistical analysis or machine learning). Below I have provided those five companies, as well as the region they serve, their service's offering, website, number of users (when applicable), what stage they are in, and how much money they raised.
PATHSOURCE
Pathsource helps users explore careers and education based on a number of different factors. The majority of content for Pathsource is free. There are also paid features. It gives career and education guidance, and is loaded with features, including salary estimator and resume help, as well as specific available jobs. It currently has 4.85 out of 5 stars with over 3,900 ratings. Pathsource was founded in 2009. It has received $650k in funding as of Feb 2016. It is headquartered in Burlingame, California and serves the U.S.
Pathsource appears to most closely resemble an app that provides career advice based on market data. The company uses informational video interviews and curricular tools to help folks select a career. The website notes that "thousands of informational interviews on video serve as the core of PathSource’s flagship video library. They are surrounded by an interest inventory, pop up questions, online assignments and career data."
POCKET MENTOR
Pocket Mentor is an app for people already within a career. It provides its users with personalized advice for the day-to-day. There is a 7 day free trial and then it costs $4.99 per month. Though not reviewed extensively, the app has received generally positive feedback from users, most of which granted the app 5 stars on iTunes.
Founder and CEO Caren Merrick has launched several businesses. She is an angel investor as well. Unfortunately, there is virtually no additional background information on the company. Merrick operates the Pocket Mentor app through her website, where she personally provides mentoring services to users. Services offered are "Step by step action plans, tip sheets and videos that answer the most challenging issues you face as a manager and leader, searchable library of topics to find exact career counseling, customized productivity advice based on the problems that Pocket Mentor users have identified in surveys," as well as personalized feedback and much more. The app was a Finalist in the 2016 Media Post Appy.
BETTERCOMPANY
BetterCompany is a career advice social media app. It provides employee training and company feedback, as well as forums to discuss issues among people in the same field. The app connects its users anonymously to a group of people with the same job title. The utility of the app is to facilitate the transmission of career advice by and for people in the same field, as well as a social media outlet specifically for the work life.
BetterCompany was founded in 2011 and has received $7.7M in funding. The company is headquartered in San Francisco, California and serves the U.S. It is still in its seed stage and has received an average of 3 out of 5 stars by 69 reviewers.
GOOD & CO
Good & Co is a personality test to career fit app. While these types of apps are not directly related to services providing career advice based on statistical analysis or machine learning, these could certainly be competition. Good & Co was included in this list because it demonstrates that these types of apps are much more widely available than any career advice app based on hard market data. Good & Co also seems to be quite popular among users.
The app measures different personality traits, including clinical and academic psychologies. From the website: "We explore the complex interactions between individual and individual, individual and team/organization, and individual and job. Our intelligent, scientifically derived and probability-driven algorithms take your answers to our fun questions and transform them into the building blocks of our FitScore equations." The app employs several different big data techniques, including Promax rotation, principal components analysis, multiple linear regression, multidimensional scaling, product moment correlation, Monte Carlo simulation, and item response theory in deriving a result for each user.
Good & Co is headquartered in San Francisco, California. It has received $10.3M in funding and remains in the Series A stage. It claims to have become "the largest psychometric database in the world," and received an average of 4 out of 5 in over 1,500 reviews. The company serves a global market.
SEARCH BY SWITCH
Switch is a job search app that helps companies give job seekers direct access to jobs--a smart job search that helps users look for jobs that suit them based on an uploaded resume. It has been called "Tinder for jobs." The app allows its users to "match with companies who are looking for people just like you." Switch is both for employers listing jobs and employees searching for work.
The company was founded in 2014, headquartered in New York City and has an estimated revenue of $2.8M. The company raised $6.4M in seed and Series A stages. It serves most medium- to large-sized cities across the U.S., and received a 4 out of 5 in 519 reviews.
SUMMARY
To wrap it up, after extensive research into apps that provide users career advice based on statistical analysis or machine learning, it became clear that no such app exists--which should be regarded as a significantly positive result in the context of a competitive analysis. I have listed what five apps that I found to be the most closely related to the initial criteria. Though very different in certain regards, the apps presented in this report could feasibly be seen as competitive forces for the product you have in development.
Good luck and thanks for choosing Wonder!