[EVENT SPEAKERS DIARY]
AI: Hard at Work for
the Modern Recruiter
Alok Nidhi Gupta
Founder and CEO Talent Recruit
I
n today’s market for the best
talent, the candidate is the
king; and as the number of
freelancers in the gig economy
skyrockets, artifi cial intelligence
(AI) is simultaneously growing in
both its capabilities and scope of its
use across the world at a rapid pace.
Employers are now increasingly
relying on skilled, on-demand talent
instead of traditional employees,
and AI can help them successfully
fi nd the talent and skills they need
for their projects.
A pioneer in this fi eld is
the Bangalore based Talent
Recruit Software which provides
a comprehensive cloud-based
recruitment platform that enables
businesses to build world class
teams through data-driven
algorithms powered by Machine
Learning and Artifi cial Intelligence.
The platform facilitates the
automation and management of
72
the entire recruitment life-cycle
at an organisation — from talent
identifi cation, evaluation, and
engagement till onboarding, from
end-to-end.
Getting you a Gig, not a Job
The runaway success stories of
startups like Uber & Airbnb have
inspired many of the brightest
young minds to look for ‘gigs’ over
jobs. This is especially true in the IT
sector with 49 percent of IT Staffi ng
Firms hiring Flexi-Staff for 6–12
month projects. In India alone, the
IT Flexi Staffi ng Industry is expected
to be worth $5.32 Billion in 2020 and,
as per a KPMG Report published
for the Indian Staffi ng Federation,
it was $3.04 Billion in 2017 and $3.53
Billion in 2018. This gives rise to the
billion dollar question — How to
attract pedigree candidates?
Talent Recruit addresses this
with an Artifi cial Intelligence bases
| Vol. 9 Issue 6 • Sep-Oct 2018, Noida / Pre-Event Edition
solution that can aggregate data
using various parameters to create
short lists of qualifi ed candidates
based on ‘fi tment’ scores, and then
reach out to the candidates on those
lists. Rather than trying to galvanise
a group of strangers around the
company’s mission, employers can
utilise Talent Recruit’s platform
to quickly and effectively build
teams in batches to focus on specifi c
projects. The platform can also
simplify the initial interviews
process by enabling effective pre-
screening by fusing AI and Multi-
Level Candidate Assessment to
automatically schedule interviews
with the most qualifi ed prospects.
Meet RE.VA: The Future
of Candidate Sourcing &
Engagement
At the highest echelons of the
recruitment ladder, a key area of
concern that has started to emerge
is in terms of engaging the talent