Platform strengthens matching between companies and candidates and brings more agility and transparency to the talent market.
Neotalent, a Novabase Group company specialized in finding the best talent for companies’ business needs, has just announced at the Web Summit the development of a new talent management and recruitment platform using Artificial Intelligence and Blockchain. The project results from a partnership with Iscte – Instituto Universitário de Lisboa (ISCTE-IUL) and Instituto Pedro Nunes (IPN) and is co-financed by Portugal 2020.
The platform is part of a comprehensive Neotalent project that aims to digitize the talent market and the interaction between its various stakeholders, namely talent, talent providers, clients and talent managers.
Through a set of innovative features that use technologies in the areas of Artificial Intelligence and Blockchain, the platform includes functions for selecting, evaluating and recommending talent and career progression, and a system for collecting, recording and safeguarding curricular information.
“Companies always want the best professionals and professionals want the best offers and jobs. With the IT market constantly changing, companies under competitive pressure and skilled talent under constant harassment, how do all parties manage to meet their expectations? The key is to understand the culture of the companies. It is not uncommon to find that a particular professional is technically excellent but not suited to a particular company. The key is a deep knowledge of the recruitment market, the culture of the companies and a strong focus on selection techniques. The technology behind this new platform will speed up this process”, says Célia Vieira, CEO of Neotalent.
Current recruitment and talent management processes are obsolete
“The selection, recruitment and management process currently used by most employers is fallible and has not changed over time, so it is not adapted to current market needs”, says Célia Vieira.
Managing business, people and clients for more than 20 years, Neotalent has adjusted its approach and offer over the years to the evolution of trends, the market and the professionals themselves. With this new, disruptive and innovative platform, the company wants to continue to create the right conditions and environment to develop highly skilled professionals and secure the best talent for organizations.
“Technology is increasingly central and decisive to the business success of companies in any industry and the demand for professionals with digital skills has escalated to unprecedented levels. But the current supply of talent and the speed at which new talent is brought to market is not keeping pace with business demand. It is therefore important for companies to develop more refined recruitment and selection tools that assess specific dimensions that predict organizational performance”, continues Célia Vieira. “We have been investing a lot in innovation, with a disruptive and innovative approach to capture and retain the best talent that fits the needs of more ambitious projects. This project will help companies match candidates based on various inputs – client culture, technical requirements, project and consultant characteristics, among others. We want to transform the recruitment market in Portugal and the rest of the world”, he concludes.
With more than 20 years of experience, the focus of Neotalent’s solutions is to empower companies with outstanding professionals capable of facilitating the positive transformation of their business. In the last two years, Neotalent has hired more than 1000 professionals.