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.