Several startups are now using technologies like Artificial Intelligence, machine learning, and analytics to address the recruitment needs of companies.
Sourcing and acquiring top talents have always been the utmost priority for companies. As technology is assisting recruiters to make better hiring decisions, the newer technological advancements break the chain of traditional methods of recruiting; the firms, hiring partners, and candidates continue to look for higher efficiency. The technological breakthrough is helping the recruiters to strategically plan their hiring processes and provide the best-fit candidates for the required roles.
In this digital world, as technologies disrupt most industries, hiring is also on the path of transformation. Several startups are now using technologies like Artificial Intelligence, machine learning, and analytics to address the recruitment needs of companies.
Below is the list of five HR firms that are on a mission to solve the talent mismatch.
iXceedSolutions: iXceed Solutions is a leading Talent and Workforce Solutions service provider to Fortune 500 companies globally focussing on Technology, IT Consulting, Engineering Consulting domains. IXCEED has been functioning as one of the leading end-to-end recruitment solutions Internationally(UK), now operational in the Indian market. iXceed uses an efficient and robust process to develop solutions in the recruitment space. The facilities are primarily tech skill-based, and customer satisfaction is always based on the best fit for the industry. The company has a 40% growth currently with over £5M in revenue. uses Artificial Intelligence-based recruitment solutions to create a best-in-class experience for both the clients and candidates. Some of the marquee clients are as follows: Infosys, HCL, Oracle, Mindtree, NIIT, etc
Darwinbox: Established in 2015, Darwinbox is a cloud-based HR solutions firm. An end-to-end HR platform, Darwinbox offers solutions for recruitment, core HR processes, employee engagement, performance management, employee movement, and others. The platform’s AI engine allows a recruiter to analyze a job description and employee profile and picks keywords to arrive at a certain ranking metric. The 4-year-old firm serves over 100 clients, including Paytm, ekart, Spencer’s, Delhivery, and others.
ZappyHire: Started in July 2018, Kochi-based startup, offers an end-to-end solution, helping companies in assessing, profiling, onboarding, and hiring candidates in a lesser amount of time. ZappyHire’s real edge comes from the AI technology it has integrated on its platform. This helps in three areas for the recruiters. The startup also helps a company speed up the onboarding process.
EdGE Networks: Started in 2012 EdGE Networks provides a suite of AI-powered products that not only auto-source, auto-screen and auto-engage the best candidates and employees for a role, but also recommend the best career path and draw up a personalized learning path for each employee. Over six years, the team at EdGE Networks has developed productivity tools that leverage AI to help businesses address challenges in the areas of talent acquisition, workforce optimization, talent transformation, and workforce planning. The company has three enterprise solutions –Talent Analytics, Workforce Optimisation, and HIREalchemy – that cover a gamut of HR requirements.
Dockabl: Started in 2017, Dockabl is an employee experience platform that enables organizations to do continuous performance management with tech-based tools like structured goals, tracking progress, real-time feedback and peer recognition. The app is built for the benefit of employees, managers, HRs, and leaders equally.