Talent500 Launches TalentInsights, an AI-powered Recruiting Solution

• Conversational AI screens, matches, and scores candidates with 90% accuracy
• Boost recruiter output 5x and reduces the cost-per-hire by 45%
• Tailored for the $40B+ Global Capability Center (GCC) industry: Built on top of a proprietary, custom Large Language Model (LLM) fine tuned for hiring outcomes specific to the growing GCC industry

India, xx November 2023: Talent500, the global work platform for leading businesses, has launched TalentInsights, an AI-powered solution to source, screen and hire professionals, at 60% higher efficiency. The unique tool captures impressive metrics, offering a 10X boost in recruiter productivity, an 85% increase in accuracy, and a significant 45% reduction in cost-per-hire.

Talent500, a leader in global workforce solutions, introduces TalentInsights, AI-powered recruitment solutions designed to supercharge talent acquisition for GCC’s. This innovative solution empowers businesses to hire 60% faster, reduce biases, achieve a mutifold increase in recruiter productivity, and realize a 45% reduction in hiring costs.

Supercharging Recruiting using proprietary AI

TalentInsights integrates conversational AI across voice, video, and chat platforms, creating a seamless and personalized candidate screening experience. At its core is the TalentInsight “Fitment Score,” a groundbreaking feature delivering over 90% accuracy in identifying the ideal candidates for any role.

Developed atop Nova, our custom-designed Large Language Model (LLM), TalentInsights is fine-tuned to deliver outcomes based on ANSR’s 18 years of GCC leadership expertise. This proprietary AI technology has been refined by our experience in sourcing over 150,000 professionals for Global Capability Centers (GCCs), ensuring a deep and nuanced understanding of global talent dynamics.

Tailored for Excellence in Global Capability Centers

As part of ANSR’s ‘GCC Superapp’ stack, TalentInsights addresses the specific speed and quality challenges faced by leading enterprises setting up global centers. Global Capability Centers today 1.6 million professionals and growing at an annual rate of 12%-15%.

As part of the ‘GCC Superapp’ suite, TalentInsights specifically addresses the unique challenges faced by GCC’s looking to hire top-talent and quick speed and without the benefit of large upfront recruitment teams. Additionally, the manual nature of this process opens avenues for potential human errors and biases.

GCC’s employ 1.6M+ professionals with a forecast to hire 5M+ in the coming 5 years. Traditional hiring practices in this sector are often resource-intensive and prone to human error and bias. TalentInsights bridges this gap, offering an AI-driven solution that promotes objective, data-backed hiring decisions. Innovative Features for a Diverse Hiring Landscape include:

• AI-Driven Bias Elimination: Ensuring fair and merit-based screening by screening profiles devoid of any PII, gender, background information
• Personalized Screening: A unique conversational interface across multiple platforms allows you to screen multiple candidates at-once
• Recruiter Copilot: Tools and insights for recruiters to spend less time on manual screening and more time engaging the right candidates
• Enterprise-Ready: Enhances hiring processes within ANSR’s proprietary Applicant Tracking System “Leap”, but also integrates with leading ATS systems globally

Vikram Ahuja, Co-founder, ANSR and CEO, Talent500, said: “We live in a world where every business is a technology business. As the demand for top talent heats up and as more leading businesses setup global centers, we recognize the need to help the world’s best companies find the right candidates at the right speed and cost. TalentInsights uses the power of AI to revolutionize and expedite the recruitment process. By providing advanced AI-driven insights, TalentInsights enables Global Companies to optimize their hiring strategies and accelerate outcomes, while improving efficiencies and reducing bias.”

 A constantly evolving AI tool, TalentInsights analyzes top-performing businesses across every industry to uncover the early indicators of success for its clients, providing detailed recruitment forecasts, trends & market intelligence.

With its commitment to continuous improvement, Talent500 will continue to enhance its platform based on user feedback and industry best practices. The company provides exceptional talent acquisition and management solutions, empowering businesses across the globe to make strategic hiring decisions and build high-performing global teams.

About Talent500

Talent500 is a 1.5M+ strong members-only talent marketplace and a leading destination for top professionals looking to accelerate their careers with global businesses. Talent500 leverages cutting-edge technology and data-driven insights to help the world’s best businesses (Delta, Nike, FedEx, Airbnb, Twitter, Target, Uber, etc.) hire, build, and manage global teams in talent-rich hubs. By streamlining the recruitment process and providing a holistic talent management solution, Talent500 empowers organizations to make strategic hiring decisions and build high-performing teams.

Key Features of TalentInsights:

• Introducing Nova: Cutting-edge LLM Technology for the Talent Industry
• Reliable and Relevant Training Data: Nova is meticulously trained on public and proprietary knowledge graphs – including ANSR’s 18-years of expertise having hired 150,000+ professionals for global organizations and Global Capability Centers (GCCs). We ensure all data is high-quality, devoid of PII, data privacy, intellectual property issues or copyright restrictions
• Skill Graph: Designed to prioritize specialized capabilities over general knowledge, TalentInsights measures candidates against skill combinations most commonly hired at GCCs
• Tailored Industry Applications: TalentInsights is precision-tuned to cater to distinct sectors, such as retail and healthcare, offering unparalleled relevance and efficiency.
• Data Privacy: TalentInsights is built keeping the highest standards of data and information privacy in mind. We ensure all training data is devoid of any PII and Customer Data