State of the Industry: Ai for Talent Acquisition
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Transcript of State of the Industry: Ai for Talent Acquisition
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AI for Talent: 2017 Outlook
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$2.4 bnHR tech
funding & deals 2016
42% of firms
plan to increase HR tech spend
40% of firms
plan to replace core HRMS
systems
$47 bnExpected
corporate spend on AI
technologies by 2020
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AI Applications
Amazon Alexa, Apple Siri, Google Home, IBM Watson, Facebook Messenger
Talent
AvrioWade & Wendy
Automotive
ToyotaBMW
Retail
AmazonStarbucks
Healthcare
Flatiron Apixio
Manufacturing
GEP&G
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ar·ti·fi·cial in·tel·li·gence(noun)
"Making a machine behave in ways that would be called intelligent if a human were so behaving."
- John McCarthy
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Using AI to eliminate human tasks and
therefore jobs.
“Look, this is the way of the world, and the world isn't always great.”
- Travis Kalanick, Uber CEO
Using AI to support humans in the shift to
high-value tasks.
“We have a direction. A human direction.”
- Nachi Junankar, Avrio CEO
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30%Percentage of activities in 60% of all occupations that can be automated with technologies available
today.
- McKinsey
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A Quick History Lesson
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Machines are Better….At Certain Things.
AI can be leveraged to support its human counterparts and translate into a winning scenario for all parties.
Predictive vs. high-value tasks
Efficiencies in TA process
Deeper candidate engagement
Eliminate Bias
Do more with less
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AI Areas of Impact for Talent
Acquisition
1. Candidate Experience2. Hiring Bias3. Sourcing4. Screening5. Interviewing
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Trend #1 - Sourcing
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Trend #2 - Screening
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Trend #3 - Interviewing
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Avrio Inc.
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Nachi JunankarCEO
Todd BuffumHead of Product
Srinath NarasimhanHead of Engineering
Sean HennesseySoftware Architect
Daniel CloudtStrategic Account Executive
The Avrio Team
Melis UnsalProduct Marketing Specialist
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Your AI Talent PlatformAvrio is a talent platform that leverages the power of Artificial Intelligence (AI) to
help recruiters identify, score and engage with top professionals.
Score
Our FitScore™ uses
several weighted dimensions, to help
evaluate candidates on a
scale from 0-100.
Identify
The Avrio platform uses an algorithm to scan and
match all resumes against all job descriptions.
Engage
Avrio’s chatbot, Rio orchestrates initial
screening and engages with the candidate through
Facebook Messenger to ask questions on the
recruiter’s behalf.
FitScore: 90
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2017: The Road That Lies Ahead
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Keep in Touch!
www.goavrio.com @goavrio
Avrio Inc.