In a rapidly and fast-paced economy, technology has always been a benefit in numerous aspects. Social networks, new technologies, and data analytics at contemporary times are considered to have a huge impact on how people connect, work & collaborate. With the advancements in technological fields, the predictable methods are seemed to be replaced by the new-age techniques. intelligent and disruptive hiring technologies are rapidly emerging as a focus area for HR.
Startups are now using the power of Artificial Intelligence (AI) to address long-standing pain-points in candidate identification, engagement, and onboarding. We look at five HR Tech startups applying AI in recruitment, allowing modern businesses to improve hiring efficiency and reach ROI goals. And one such arena that is budding itself by bringing in the implications of the latest technological developments in the Human Resource landscape. The race among enterprises in hiring the best & the demand for making the right choice at the right time has led organizations to switch their businesses to technology. And to help the organizations meet up with the new challenges, here are the top 4 HR tech startups that are helping the industry to grow with the help of AI technology.
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) and 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
Avsar: One of the fastest-growing recruitment consultants in India, Avsar identifies and sources the best talents through the entire life-cycles and across the hierarchy spectrum of highly professional and organized establishments across the country. Operating with a customer-centric approach enables the company to provide end-to-end recruitment solutions of unparalleled quality, responsiveness, and flexibility.
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.
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.