FORE leverages AI to improve employee
happiness and reduce attrition
LOS
ANGELES, Dec. 11, 2024 /PRNewswire/ -- Tyler Hochman, founder and CEO of FORE
Enterprise, has been named to the Forbes 30 Under 30 Class
of 2025 in the Social Impact category. This prestigious recognition
celebrates Hochman's work leveraging artificial intelligence (AI)
to make workplaces better for everyone. FORE's technology predicts
employee turnover, identifies the reasons talent might leave and
suggests solutions to improve employee happiness and loyalty.
"Being recognized by Forbes is an
incredible honor, and it speaks to the immense potential of
technology to drive social change in the workplace," said
Tyler Hochman. "At FORE, we're
committed to helping companies retain talent and build equitable
workplaces with initiatives proven to boost the success and
happiness of employees."
Under Hochman's leadership, FORE Enterprise has
developed sophisticated AI analytics tools to predict the cost of
employee turnover and determine its precise causes. FORE's advisory
board of experts from Stanford, Wharton
and Kellogg also offer data-driven retention strategies to prevent
costly turnover. These innovative tools help businesses save
millions in lost productivity, with median-sized S&P 500
companies losing up to $355 million
annually to workforce disengagement and attrition.
FORE also provides Due Diligence Snapshots that
help private equity firms factor predicted employee turnover into
company valuations. This technology can also help companies
identify pay, seniority and advancement gaps, as well as
disproportionate turnover among specific employee groups.
FORE launched in 2022 and became profitable in just its
second year of operations – almost unheard of in the tech sector.
With new clients in 2024 generating $10
million in revenue, FORE is less reliant on its $4 million in seed funding.
Before founding FORE, Hochman was the CEO of
SafeStop, an innovative app designed to increase the safety of law
enforcement interactions by facilitating video calls between
officers and drivers during traffic stops, eliminating the need for
either party to leave their vehicles. A Stanford University graduate in Management Science
and Engineering with a focus on Data Science and Finance, Hochman
has built a reputation for entrepreneurial success. At 27, he has
founded multiple consumer and B2B tech startups.
As a recipient of this year's Forbes 30
Under 30 recognition, Tyler Hochman
joins a remarkable group of innovators and leaders whose work is
reshaping the future of business, technology and social
responsibility.
For more information on FORE Enterprise, visit
www.foreenterprise.com.
About FORE Enterprise:
FORE
Enterprise is an AI-powered workforce management solution that
provides high-precision data on employee retention and turnover for
businesses and investors. FORE offers dynamic retention strategies
and data-driven insights into future turnover and its bottom-line
impact for businesses, through unique operational analytics and due
diligence technology. FORE is guided by an advisory council of
executives and academics with decades of expertise in business and
technology. For more information, visit
https://www.foreenterprise.com.
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SOURCE FORE Enterprise
