ThisWay Global, a Cambridge-based technology company that has launched a software platform powered by machine learning for the recruitment industry, has joined forces with HireAbility, the provider of smart resume and CV parsing technology, to provide an artificial intelligence (AI) powered job vacancy matching service without equal in the recruitment industry.
This partnership will combine two sophisticated products. HireAbility’s parsing technology makes human language understandable by computers and is highly compatible with ThisWay’s new AI-driven product ‘Match-ic’™, which is ‘matching as a service’ for the hiring market.
The same deep machine learning technology that powers ThisWayGlobal and HireAbility’s solution for recruitment has already revolutionised other fields including gaming, FinTech and online dating.
These ground breaking technologies will allow for resumes and CVs in more than 30 languages, as well as professional certifications, licenses and other documents, to be both parsed and automatically matched to suitable job vacancies via machine learning. Uniquely, this product partnership will provide equal benefit to both the candidates and the employers.
Angela Hood, CEO at ThisWay Global, commented:
”Incorporating HireAbility’s sophisticated parsing technology, our innovative AI-powered recruitment platform can now decipher resumes and CVs in more than 30 languages, matching the right candidate for the employer and the right opportunity for the candidate.
“Following this step-change in capabilities, our HR tech, job board, recruiter and corporate customers will all benefit from the enhanced technology, helping individuals and businesses succeed in the new world of work.”
Steve Kenda, CEO at HireAbility, commented:
“HR Tech has become increasingly complex. Our parsing service handles millions of resumes and CVs annually for clients globally. Combining the strengths of two industry leaders specifically focused on their areas of expertise will result in a superior outcome for our clients.
“Our technology is now leveraged to provide the best results-driven outcome available. We are pleased to see it integrated with ThisWay Global’s superior machine-learning algorithms and have it play a part in this significant advance in the talent acquisition process.”
ThisWay closed its European seed funding round at the end of 2016 and launched its Artificial Intelligence (AI) software platform, GPS, at South by Southwest (SXSW) in Austin, Texas in March 2017.
Following high levels of customer interest on the back of the product launch, ThisWay is now raising a further funding round focused on North America, see separate release.
Angela Hood, CEO
Mark Stevenson, COO
+44 1233 451160
+44 20 7457 2020
Adrian Duffield/Chantal Woolcock/Chris Birt
About ThisWay Global – https://www.thiswayglobal.com/
ThisWay Global was incubated for over two years at the University of Cambridge’s ideaSpace, and removes the challenges of the hiring process for businesses and individuals using its data analytics platform powered by machine learning.
ThisWay has developed a superior technology and methodology to help both businesses and individuals get more out of the time they invest in hiring, while eliminating conscious and unconscious bias in candidate profiling and selection, delivering greater ROI and increased diversity.
About About HireAbility – http://www.hireability.com
Since 1999, HireAbility.com’s SaaS operations have improved talent acquisition and cut recruitment costs for hundreds of global clients. HireAbility, through its AI-based ALEX parsing/extraction API, processes and converts the world’s CVs/resumes and job vacancies/descriptions into XML and JSON solutions for job boards/career portals, applicant tracking systems (ATS), staffing and recruiting organizations and HR analytics firms. HireAbility is privately held and based in Londonderry, New Hampshire, USA
To find out more, meet ThisWay Global at the following upcoming events:
DisruptHR, San Carlos, California, 27 April
o ThisWay Global has sponsored the launch of the DisruptHR inaugural Bay Area event
o DisruptHR is a global organization that has chapters in more than 70 cities hosting over 500 disruptive TedX-like talks per year focusing on changes transforming the workforce
HR Unconference, San Diego, California, 3 May
o Organised in more than 50 countries across the world and attended by over 6 000 people globally, HR Unconferences have no keynote speakers or presenters and emphasise peer to peer communication
RecTech Conference, Barcelona, Spain, 18 May
o Angela Hood, CEO ThisWay Global, will be holding a FireSide Chat at the conference titled: White Collar: A market ripe for disruption as well
o A forum for thought and business leaders to explore and discuss trending issues in online recruitment advertising
o Other speakers include: IBM Workforce Solutions, CV-Library, Glassdoor, Reed and ZipRecruiter
Angela Hood, a serial entrepreneur from Austin, Texas, emerged with ThisWay Global after three years of research and incubation in the UK at ideaSpace, the University of Cambridge. Now operating across the world, the solution to the global recruitment and retention problem combines diverse technologies with its proprietary Match-ic machine learning algorithm, recruiting and retaining better people, and creating more diverse and improved teams. Angela is a business leader in her field and often speaks at events on human capital and diversity for startups, technology, enterprise, and entrepreneurship.