TAtech Global News Bulletin: DingTalk connects Chinese SMBs and recent grads, Pared raises money & Fusemachine buys Rake

Peter Weddle

A weekly summary of trending news & commentary for busy talent acquisition technology execs and professionals.

Commentary

“Due to the pace of consumer change, combined with rapid technological advancements, traditional job posting has been effectively rendered obsolete. Companies and candidates both mutually depend on smart business intelligence and effective candidate management tools. Technology facilitates connectivity and enables a mutually impactful partnership between recruiters and prospective talent. However, the collective challenge that Talent Acquisition specialists face is figuring out how best to leverage these advancements to create a dynamic and engaging digital recruitment process.”

Simon Fenwick, Tactics and Technologies to Attract Candidates

Job Boards, Social Media Sites & Recruitment Advertising

Global leader in human resources tech, CareerArc, recently announced the launch of the upgraded CareerArc 2.0 – considered the largest update to its acclaimed social recruitment platform. This latest product release enhances both the CareerArc recruitment software suite—used by over a thousand enterprise SaaS clients—and candidate-facing digital products—serving millions of job seekers—to their most intuitive and advanced versions to date. According to the most recent survey conducted by the Society of Human Resource Management (SHRM), nearly 9 in 10 organizations are now utilizing social media to recruit talent. To give employers an edge in the competitive social media landscape, CareerArc 2.0 brings to market advanced visual media capabilities—including video-enabled publishing, image editing, and asset management—that help optimize social job post performance and increase brand visibility across social media. Source: JobsPortalWatch

DingTalk aims to help bring together China’s recent graduates and recruiters via a new tool in the Alibaba Group-owned enterprise chat and collaboration app. As the hiring season revs up in China, the campus-recruitment app which lives inside DingTalk is meant to connect young job seekers and small and medium-sized businesses looking to bulk up their staff. The hiring hub allows job applicants to create 30-second short videos in addition to text-based résumés to better position themselves in the job market. They can also browse company pages where firms advertise open positions, company history, products, credentials and brand stories via text, images, and video. At the same time, recommendation algorithms push videos of highly compatible talent to recruiters so that they can view them when they open the recruitment app. Source: JobsPortalWatch

Sourcing, Matching, Assessing, Communicating (SMAC) Technology

Pared essentially serves as an on-demand tool for restaurant workers, who might find themselves already working across multiple different jobs or multiple different restaurants and are looking for a lifestyle over which they have some more control. The company said it has raised a $10 million financing round led by CRV, with existing investors Uncork Capital and True Ventures also participating. CRV partner Saar Gur is joining the company’s board of directors. The app largely focuses on back-of-the-house operations like line cooks, prep cooks, and dishwashers, though it could theoretically extend to any part of the restaurant experience. Restaurants go to the app and say they are looking for what the app calls a ‘Pro’ in whatever role they need, and are able to book the employee right away for the slot they have in their schedule. Source: TechCrunch

Recruitology, maker of a leading recruitment platform, and the Las Vegas Review-Journal announced today the launch of the Review-Journal’s new suite of recruitment services for local and national employers, The Review-Journal will leverage Recruitology’s smart recruiting platform to automatically distribute employment ads to the most effective job sites, ranging from top national sites to niche job boards in fields such as energy, healthcare, education, law enforcement and finance. Recruitology brings over 150 niche job boards, as well as Targeted Audience NetworksTM that connect employers with diverse candidate groups, such as veterans, green employers and the disabled. Source: Media Release

StaffedUp, a web-based staffing platform designed for the service industry, announces today their inclusion in the launch of a preferred network of like-minded companies, Topshelf Hospitality Partners. The network consists of companies who are top service providers in the hospitality industry, serving a similar client demographic, with the goal of offering more value to their respective customers, and offering a one stop shop for businesses looking for opportunities to improve operations. Topshelf Hospitality Partners features companies serving the restaurant and nightlife, travel and hospitality and retail and customer industries. Source: Media Release

AI & Machine Learning

Fusemachine Inc., a leading provider of AI solutions, software and educational services announces the acquisition of Rake Inc, a talent acquisition and candidate engagement platform that services candidates and employers by providing an array of tools leading to better experiences and outcomes throughout the recruitment process. Rake has developed technology and IP in talent acquisition that helps employers capture and engage candidates who visit their career website while providing a better candidate experience. The Rake platform also consists of a web and mobile app that allows candidates to manage their entire job search all in one place. Fusemachines plans to expand on the technology and expertise of Rake for improving its AI talent pipeline and its AI as a Service offering. Source: Media Release

Recently, Google released their new recruiting tool (“Google Hire”) in the summer of 2017 to aid SMBs in their hiring more effectively. Companies could post openings to multiple sites, track applications, schedule interviews, receive feedback, and more – and now, a year later, the platform is seeing a major update using artificial intelligence (AI). Prior features have now been optimized for faster processing and less effort wasted. Source: JobsPortalWatch

Sneak Preview: Circa 2118: What Will Humans Do When Machines Take Over due out in July 2018. Evoking the clarion call of the 21st century – if you see something, say something – Peter Weddle has penned a stunningly provocative portrait of the rise of super-C machines in the American workplace. Animated by ultra-intelligent, ultra-intuitive, ultra-empathetic technology, these byte-collar workers will cause near universal unemployment among Americans within the next one hundred years. Weddle, however, doesn’t agree with Hollywood. He acknowledges that the period between now and circa 2118 will test the nation’s character – in fact he calls it a Second Middle Ages – but he believes America will not be dominated by machines, but instead be liberated by them.

Industry Standards & Best Practices

Led by Co-Chairs, Thad Price and Richard Collins, TAtech is launching the next phase of the International Working Group on Traffic Quality. Click here to see the Declaration on Traffic Quality produced by the first phase. If you’d like to be a part of this unique group that is setting definitions and standards for online recruitment advertising, please contact Peter Weddle at peterweddle@tatech.org. The Group is open to all publishers worldwide.

TAprose and TAtech Global News Bulletin are brought to you by TAtech: The Association for Talent Acquisition Solutions.

Mark Your Calendars! TAtech’s 2018 events include:

• February 12-13, 2018 Scottsdale, Arizona USA: The TAtech Leadership Summit on AI/Machine Learning in Talent Acquisition – the only conference totally focused on the capabilities and impact of AI/ML/NLP in recruitment. See you next year!

• March 13-14, 2018 Dublin, Ireland: TAtechEurope 2018 – the premier event for recruitment advertising and technology thought & business leaders in Europe, the Middle East and Africa. See you next year!

• April 18-19, 2018 Las Vegas, Nevada USA: The TAtech Spring Congress & Meetup – a unique conference designed to maximize opportunities for B2B networking, trending topic discussions and the exploration of partnerships and business opportunities. See you next year!

• June 5-6, 2018 Minneapolis, Minnesota USA: The TAtech Leadership Summit on Programmatic Ad Buying – the only conference for both publishers and advertisers that is totally focused on the technology and applications of programmatic ad buying for talent acquisition. See you next year!

• September 26-27, 2018 Bourbon Street New Orleans, Louisiana USA: The TAtech Fall Congress & World Job Board Forum – the Global Economic Forum of recruiting, this event brings together thought & business leaders from job boards and all other talent acquisition technology solutions companies around the world.

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