Tuesday, May 14, 2024
Outlook.com
Outlook India
Outlook Business

Kognoz Launches Konverz.ai, An AI Driven Hiring Solution

According to the company, the AI solution keeps the capacity of 45 per cent reduction in the time taken to hire someone

Kognoz Launches Konverz.ai, An AI Driven Hiring Solution
artificial intelligence
artificial intelligence
POSTED ON September 21, 2023 11:35 AM

Kognoz has announced the launch of Konverz.ai, an Al-driven hiring solution that aims to simplify the talent acquisition landscape. The product aims to help hiring managers by enabling organizations to conduct interviews without human intervention, hamessing advanced Al technology to assess personality traits, cognitive abilities, motivations, and emotions of interviewees all benchmarked against industry standards.

Commenting on the launch, Mr. Lokesh Nigam, co-founder & director, Kognoz. said, "The launch of Konverz.ai marks a significant milestone in the world of talent acquisition. By combining the power of Al with behavioural science, we are addressing long-standing challenges in the hiring process. Several challenges prompted the launch of Konverzal including high costs per hire excessive attrition rates extended time to productivity, skills mismatch evolving job roles prolonged recruitment processes and limited assessment solutions.”

According to the company, the AI solution keeps the capacity of 45 per cent reduction in the time taken to hire someone. Testing the system with over 3500+ candidates and companies in India, demonstrates the value of Al-driven conversational intelligence in streamlining the hiring process.

Konverz.ai plans to roll out initial adoption in India and the APAC regions. The company is working on developing Al-driven technical and functional assessments to further enhance its offerings, marking the next phase of its journey.  

  • Related Articles

    Business analytics, blockchain, cloud computing, artificial intelligence, machine learning and SEO are top domain skills in demand

    Freshers' Hiring Intent Rises To 65 per cent In HY2 2023, Up 3 per cent From HY1

    It has entered into a partnership with 3rdiTech, an Indian start-up, in the field of semiconductors

    General Atomics Initiates Three Key Projects In India In Artificial Intelligence, Drones And Semiconductors

    Since March 2020, 1.25 lakh employees have been laid off by around 718 start-ups globally

    Artificial Intelligence-Backed Start-up 6sence Terminates 150 Employees Globally