TMCNet: expertDB Launches Global Marketplace for Expertise

[May 25, 2016]

expertDB Launches Global Marketplace for Expertise

The future of work is here.

Do you need a deep subject matter expert to get smart on a topic or industry and make more informed decisions? Or an expert to flexibly work on your project and solve a tough problem? Don't have the budget for a full-time hire, consulting firms or expensive traditional expert networks?

expertDB, the global marketplace for expertise, launched in over 150 countries today. Via its online self-serve platform, anyone can discover, hire and pay industry and subject matter experts for calls or consulting projects.

expertDB democratizes expert professional knowledge by making it accessible and simplifying the current inefficiencies in finding and hiring the right business or technical consultant. For verified experts, expertDB acts as a new client acquisition and revenue channel to monetize their expertise for themselves or their companies, and grow their professional brand and reputation within their industry.

The US alone has well over 1 million consultants including independent consultants, experts working at companies, and highly experienced people who want work flexibility, such as professional women who recently left the workforce and retired senior executives. But today, there are huge inefficiencies in finding the right experts ad consultants for your needs. Clients primarily rely on inefficient word-of-mouth referrals to find the right expert to help with a short or long term project, or just to increase knowledge on a topic. Similarly, most deep subject matter experts are not salespeople. Finding new clients beyond their immediate circle of references is hard and time-consuming. expertDB removes the inefficiency for both experts and clients in finding each other through word-of-mouth, while dramatically reducing costs and lack of transparency of expensive alternatives. "expertDB provides a platform for experts and clients to work together when they want, where they want, how they want and what price they want," said expertDB founder and ex-Googler Phalgun Raju.

"During our private beta we have been working with F1000 companies and top management consulting and private equity firms who are hiring experts in our marketplace across an amazing array of topics. Managers and investment professionals at these firms are hiring experts to do everything from solve engineering and data science problems to provide industry insights or drive small M&A deals," said Raju.

Recent expertDB client projects were in topics as varied as motorcycle design, B2B marketing, HR credit learning systems, specialty food distribution and banking cybersecurity.

expertDB has attracted a large roster of top experts including a MIT (News - Alert) Technology Review 35 under 35 innovator in mesh networking, the former Head of Advanced Analytics at McKinsey, and other prominent senior business executives. expertDB is on the precipice of creating a new economy for flexible hiring of consultants on-demand without requiring a budget for a full-time employee while getting some of the best on the planet to infuse their thinking and insights into a client's organization.

"If you rely solely on your own employees, you'll never solve all your customers' needs, as companies will never have, in-house or find through word of mouth references, all the necessary deep expertise to make the best decisions or solve a problem efficiently," said Raju.

expertDB has a zero commission fee model for clients. Once a verified expert is matched to a client project via expertDB's matching algorithms, clients can further vet matched experts prior to hiring, while trusted reviews and ratings by clients ensure high-quality experts remain in the marketplace.


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