Intelligent Hiring AI Product, Ground Up
Introduction
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Smarter Hires met NashTech to develop an intelligent hiring product as a greenfield development effort. This included building the MVP, taking it to the market and investors and preparing the launch pad for the product.
About Smarter Hires
Smarter Hires – the place to come to quickly identify and connect with the best candidates for your business, small or large. For Recruiters, Smarter Hires uses advanced, multi-sourced prospect searching coupled with advanced profiling models to find prospective employees that are most likely to have the skills, background, experience, and personality to excel in your client’s or company’s needs. For small, medium, and large businesses, successful employee profiling coupled with advanced scoring and ranking of prospects provides a pool prioritised list of highly matched prospects to fill any job opening. The Global Markets group originates, sells and trades financial assets through established trading hubs, exchange memberships and primary dealerships in all the major financial markets across the Asia Pacific region.
Challenges
Smarter Hires met NashTech to develop the intelligent hiring product as a green field development effort. This included building the MVP, taking it to the market and investors, and preparing the launch pad for the product.
Solution
NashTech worked with the Smarter Hires team in San Francisco to understand the requirements and the strategy. A strategy workshop was held in the New Delhi office for 2 weeks to conceptualise the idea and divide it into sprints leading to the MVP release. The product has a unique feature of building personas for the individual who is looking for an opportunity and the organisations who are seeking talent. The product intelligently builds the persona of the individual based on his social interactions, his prior assignments, his syndicated and crawled data. The same happens for the companies as well on the basis of their employees and other public data available. The persona’s are then matched for best fits.
Results
Currently the product is in private beta and is being used by the two larges recruitment companies in the silicon valley. The product was built using the KnolWay strategy which is a potent mix of Scrum, XP and Continuous Deployment. The MVP was done in 6 sprints and the first round of funding secured within a week of MVP release. The product is being expanded further beyond the MVP now and the Series B is just round the corner. The Global Markets group originates, sells and trades financial assets through established trading hubs, exchange memberships and primary dealerships in all the major financial markets across the Asia Pacific region.
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