KellyOCG Partners With Upwork Enterprise To Grow Its Human Cloud Solution
Portfolio Pulse from Benzinga Newsdesk
KellyOCG, a part of Kelly (NASDAQ:KELYA, KELYB), has partnered with Upwork (NASDAQ:UPWK) to enhance its Human Cloud solution, allowing clients to access Upwork's global network of independent professionals. This strategic partnership, a first for a Managed Service Provider like KellyOCG, integrates Upwork's vast talent pool into Kelly's Human Cloud solution, powered by Kelly Helix UX and Analytics. It aims to streamline the hiring process, improve compliance, and offer a comprehensive view of external workforce productivity, supporting a Total Talent Management approach.
April 30, 2024 | 1:30 pm
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POSITIVE IMPACT
Kelly's partnership with Upwork through KellyOCG to enhance its Human Cloud solution could attract more clients seeking efficient talent management solutions, potentially boosting Kelly's market position and revenue.
The partnership with Upwork positions KellyOCG as a leader in the Human Cloud solution space, likely attracting new clients and retaining existing ones by offering streamlined access to a global talent pool, which could positively impact Kelly's stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Upwork's partnership with KellyOCG opens its platform to a broader client base, potentially increasing project listings and revenue, positively impacting its stock price.
By integrating with KellyOCG's Human Cloud solution, Upwork gains access to a wider range of enterprise clients, likely increasing the volume of projects and revenue. This strategic move could enhance Upwork's attractiveness to investors and positively influence its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90