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AI for Talent: 2017 Outlook

State of the Industry: Ai for Talent Acquisition

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Page 1: State of the Industry: Ai for Talent Acquisition

AI for Talent: 2017 Outlook

Page 2: State of the Industry: Ai for Talent Acquisition

$2.4 bnHR tech

funding & deals 2016

42% of firms

plan to increase HR tech spend

40% of firms

plan to replace core HRMS

systems

$47 bnExpected

corporate spend on AI

technologies by 2020

Page 3: State of the Industry: Ai for Talent Acquisition

AI Applications

Amazon Alexa, Apple Siri, Google Home, IBM Watson, Facebook Messenger

Talent

AvrioWade & Wendy

Automotive

ToyotaBMW

Retail

AmazonStarbucks

Healthcare

Flatiron Apixio

Manufacturing

GEP&G

Page 4: State of the Industry: Ai for Talent Acquisition

ar·ti·fi·cial in·tel·li·gence(noun)

"Making a machine behave in ways that would be called intelligent if a human were so behaving."

- John McCarthy

Page 5: State of the Industry: Ai for Talent Acquisition

Using AI to eliminate human tasks and

therefore jobs.

“Look, this is the way of the world, and the world isn't always great.”

- Travis Kalanick, Uber CEO

Using AI to support humans in the shift to

high-value tasks.

“We have a direction. A human direction.”

- Nachi Junankar, Avrio CEO

Page 6: State of the Industry: Ai for Talent Acquisition

30%Percentage of activities in 60% of all occupations that can be automated with technologies available

today.

- McKinsey

Page 7: State of the Industry: Ai for Talent Acquisition

A Quick History Lesson

Page 8: State of the Industry: Ai for Talent Acquisition

Machines are Better….At Certain Things.

AI can be leveraged to support its human counterparts and translate into a winning scenario for all parties.

Predictive vs. high-value tasks

Efficiencies in TA process

Deeper candidate engagement

Eliminate Bias

Do more with less

Page 9: State of the Industry: Ai for Talent Acquisition

AI Areas of Impact for Talent

Acquisition

1. Candidate Experience2. Hiring Bias3. Sourcing4. Screening5. Interviewing

Page 10: State of the Industry: Ai for Talent Acquisition

Trend #1 - Sourcing

Page 11: State of the Industry: Ai for Talent Acquisition

Trend #2 - Screening

Page 12: State of the Industry: Ai for Talent Acquisition

Trend #3 - Interviewing

Page 13: State of the Industry: Ai for Talent Acquisition

Avrio Inc.

Page 14: State of the Industry: Ai for Talent Acquisition

Nachi JunankarCEO

Todd BuffumHead of Product

Srinath NarasimhanHead of Engineering

Sean HennesseySoftware Architect

Daniel CloudtStrategic Account Executive

The Avrio Team

Melis UnsalProduct Marketing Specialist

Page 15: State of the Industry: Ai for Talent Acquisition

Your AI Talent PlatformAvrio is a talent platform that leverages the power of Artificial Intelligence (AI) to

help recruiters identify, score and engage with top professionals.

Score

Our FitScore™ uses

several weighted dimensions, to help

evaluate candidates on a

scale from 0-100.

Identify

The Avrio platform uses an algorithm to scan and

match all resumes against all job descriptions.

Engage

Avrio’s chatbot, Rio orchestrates initial

screening and engages with the candidate through

Facebook Messenger to ask questions on the

recruiter’s behalf.

FitScore: 90

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2017: The Road That Lies Ahead

Page 20: State of the Industry: Ai for Talent Acquisition

Keep in Touch!

www.goavrio.com @goavrio

Avrio Inc.