A weekly summary of trending news & commentary for busy talent acquisition technology execs and professionals.
“The sensationalist hype around AI has a lot of people believing that the technology may be too advanced or too technical for their businesses to take advantage of. This is false. AI is here now and you can start using it today. In casual conversation, people tend to conflate narrow focused AI, where a training set is crafted to perform specific tasks, with the inevitable (but not yet created) AGI “artificial general intelligence,” which (in theory) will be able to learn to do anything and possibly be self-aware. It’s an easy mistake to make, but it is a mistake none-the-less.”
Shelly Palmer, 5 AI Clouds You Can Use Today
Job Boards, Social Media Sites & Recruitment Advertising
IndustryJump is a new career marketplace that brings together filmmaker/video professionals with employers that want to hire them. In addition, the site will also allow for payment transactions by launching a program for “guaranteed payment and also provide its users with services such as automated bookkeeping and 1099 reporting.” Industry Jump showcases portfolios for all film crew positions like producers, directors, makeup artists, grips, production companies and more, all with verified reviews. Industry Jump is the first centralized database created for freelance video production talent that requires verified reviews, making it easy for employers to confidently hire the best talent for each project. Source: JobboardSecrets.com
The Defense Department’s Spouse Education and Career Opportunities platform is starting up a new association with LinkedIn, the job posting and employee social network site. This new partnership will provide all military spouses with a free membership for LinkedIn Premium. They will be eligible for the membership, valid for one year, every time they have a permanent-change-of-station move, including access to more than 12,000 online professional courses through LinkedIn Learning, as well as access to LinkedIn’s military and veterans resource portal. The membership is also available for the spouse of a service member who is within six months of separation from the military. Source: U.S. Department of Defense
Melbourne, Australia (ABN Newswire) – To align with previously announced organizational structure changes, SEEK (ASX:SEK) (OTCMKTS:SKLTY) has made a series of changes to its financial reporting structure. The revised segment reporting will now comprise three main segments: SEEK Asia Pacific & Americas (“AP&A”), SEEK ANZ, and SEEK Asia, Brazil Online, OCC and “Other Businesses,” including SEEK Investments: Zhaopin, Online Education Services and Early Stage Ventures. Source: 4-Traders
Sourcing, Matching, Assessing, Communicating (SMAC) Technology
Beamery, a London-based startup that offers self-styled “talent CRM”– aka ‘candidate relationship management’ — and recruitment marketing software targeted at fast-growing companies, has closed a $28M Series B funding round, led by EQT Ventures. Also participating in the round are M12, Microsoft’s venture fund, and existing investors Index Ventures, Edenred Capital Partners and Angelpad Fund. Beamery last raised a $5M Series A, in April 2017, led by Index. Its pitch centers on the notion of helping businesses win a ‘talent war’ by taking a more strategic and proactive approach to future hires vs just maintaining a spreadsheet of potential candidates. Its platform aims to help the target enterprises build and manage a talent pool of people they might want to hire in future to get out ahead of the competition in HR terms, including providing tools for customized marketing aimed at nurturing relations with possible future hires. Source: TechCrunch
Crelate, the recruiting software company that empowers staffing and recruiting agencies to manage talent and opportunity in a single solution, today announces the addition of a complete suite of in-browser text messaging features. Text Messaging by Crelate is available today to Crelate customers as an add-on to their existing subscription. Source: Media Release
InfoMart, global identity and background screening company, launched today a self-sovereign platform that places ownership of background check data into the hands of the job candidate. InfoMart is the first background check company to allow job seekers to own and control their background check information. With this platform, candidates select the employers who can have access to their information and then certify the results as accurate before a potential employer sees them. Source: Media Release
Steel Toe Jobs, a Vancouver based Startup specializing in construction careers, released its new website – Steeltoejobs.com. It is powered by CareerLeaf. In November of 2017 Steeltoejobs.com went live with its beta site, a job board and content source for local job seekers. In addition, they met with local employers, employment services groups, trade schools, and training companies to better understand the construction market. Steel Toe Jobs, a privately funded company, has a database of thousands of jobs in BC and Alberta and many original articles that are written with job seekers and employers in mind. It plans to be available to all Provinces across Canada by the end of September 2018 and to break into the USA market in early 2019. Source: JobboardSecrets.com
TaskRabbit, the on-demand service that conveniently connects people with skilled, vetted Taskers to handle everyday home to-do’s, today announced it cut its service fee in half and lowered prices, making it easier for more people to ‘do away’ with their to-do list. Specifically, TaskRabbit has: Cut its service fee in half, from 30% to 15%, lowering prices at no cost to Taskers; Lowered the price of tasks booked on-demand and allowed clients to hire their preferred Tasker for those tasks; and Launched its ‘Do Away with To-Do‘ brand campaign, highlighting how experienced and vetted Taskers are ready to help people turn ‘to-do’ into done. Source: Media Release
Talentry, a Munich, Germany-based SaaS social recruiting platform provider, closed its €6M Series A funding round. The round was led by Nauta Capital, with participation from Global Founders Capital and Allgeier SE and a number of business angels including all three founders of Celonis and Carsten Thoma, founder of Hybris (acquired by SAP), who will join Talentry’s advisory board. The company intends to use the funds to accelerate investment in new product capabilities, grow the team, as well as enter into large international markets such as the UK and US. Source: FINSMES
AI & Machine Learning
Ghana is now the new headquarters for Google AI. As other people and companies continue to find that Africa is growing and evolving technology and change the world, Google has established themselves for over a decade on the continent and will continue to grow there. As a result, Google estimates that around 10 million Africans will be benefited from the digital skills training modules, with 2 million people having already completed the program. Further, Google is also supporting 60+ tech startups and 100,000 developers, via the company’s Launchpad Accelerator Africa. Google will also adapt its products to ensure people can access high-speed, high-quality internet – working effectively even on low-RAM phones or in weak network connectivity areas. Source: JobsPortalWatch
Hired, a recruitment marketplace that connects companies with technology talent, has announced a $30 million series D round of funding from Investment Management Corporation of Ontario to power its recruiting marketplace with data and machine learning. This raise takes Hired’s total funding to more than $130 million, including a $70 million series C round in late 2016. Founded in 2012, the San Francisco-based startup differs from other recruitment platforms insofar as applicants on the Hired platform don’t apply to companies — companies apply to hire them. Users create a profile outlining their skills and experience, and companies make an offer if they like what they see. The candidate can then compare offers side by side and take their pick. Source: VentureBeat
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 email@example.com. 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.