Alt One and Alt Recruit will revolutionise the world of recruitment, employee experience and productivity by providing a simple, connected ecosystem.
A host of HR leaders, industry veterans, HR technology enthusiasts and HR service providers gathered under one roof at The Oberoi, Gurgaon on Jan 19 as Peoplestrong, the HR solutions and technology company, announced two mega launches kick-starting the year with a bang at its annual product launch, AltifyHR 2018. The two launches—a matchmaking product, Alt Recruit, powered by machine learning, and Alt One, Asia’s first HR app store—promise to transform how organisations recruit and manage people life cycles.
Both the products aim to revolutionise the world of recruitment, employee experience and productivity by providing a simple, connected ecosystem with the super powers of artificial intelligence at work.
The gala event was packed with interesting panel discussions and engaging conversations with expert HR analysts along with the launch and demo. Beginning with an opening address, a panel discussion with
Renuka Ramnath, founder, MD and CEO at Multiples PE; Amit Singh, co-founder, Shuttl; and Bhavin Turakhia, CEO, and co-founder of Directi, set the context for the need of an integrated and smart solution in a connected world that we are about to enter.
Alt Recruit and Alt One will simplify hiring and make employee life cycle management a much seamless task for HR professionals, leaving the HR community present there awe-inspired
The panel deliberated on a boundaryless future, where AI and dynamic collaborations between humans and technology will change how employees, HR and organisations interact and work together. The challenges in a more connected world are different from the past, as Singh mentioned, “Soft problems will be the harder ones. For instance, commuting to work is one of the biggest challenges in the current times and may become worse in the future.”
Singh also asserted that one way to ensure adoption of technology is that the tech solution should be similar or closer to what people are already using, because a drastic change might make adoption difficult for them. Turakhia was of the view that adoption comes easy and natural when a technology efficiently solves a problem.
The panel agreed that in a connected world, the biggest challenges in HR technology are—adoption of technology and the fact that users have to log on to too many systems for separate utilities. Making things simpler by bringing together a host of solutions on one platform, Peoplestrong’s HR app store Alt One, is an answer to these challenges.
During the launch, Pankaj Bansal, co-founder & CEO, PeopleStrong spoke about the challenges recruiters face as he shared deeper insights around the number of jobs that will exist in the coming few years and the scale of matchmaking that will be involved in hiring the best fits for all of those jobs.
For its integrated HR solution, Alt One, PeopleStrong has partnered with more than 30 products from across the world and aims to take this number up to 100+ products within this year.
Matchmaking gives the power to a hiring manager and recruiter to get the best job fit and ready-to-hire talent with a confidence level of 90 per cent. This will be defining for source and supply in the market. Alt One will give businesses the power and ease of accessing any work–life related product in a single click, without having to worry about technical compatibility; unwrapping the connected world, where interoperability and ease of use are the only rules!
Bansal said, “The world of work is constantly changing with AI and machine learning becoming a part of life, and it’s about time that the HR teams adopt this change. The impact both these products can create is phenomenal and we are happy to support in this journey.”
For its integrated HR solution, Alt One, PeopleStrong has partnered with more than 30 products from across the world and aims to take this number up to 100+ products within this year.
Bansal explained how Alt Recruit and Alt One will simplify hiring and make employee life cycle management a much seamless task for HR professionals, leaving the HR community present there awe-inspired.
Bansal shared that the system, through its machine learning, will allow recruiters to find the best matches for a job, both internally and externally, without having to scout from multiple profiles. With end-to-end support, the system can make automated calls to the candidates, and recruiters can even video interview the candidates. The system, in certain cases, is efficient enough to let a recruiter make hires without even having to meet the candidate in person even once!
A candid discussion with Arkadev Basak, practice director, Everest Group and an expert HR analyst, on the future of HR and how hiring spectrum will undergo a huge change with AI intervention, revealed that recruitment will be automated beyond 60–65 per cent in the next few years. Having said that, Peoplestrong’s innovative solutions are a big leap in time with the ease of operations and efficiency they offer.
Along with an experience zone and two other sessions on future of work and women, work and tech respectively, the event ended with a showstopper performance by illusionist Rahul Kharbanda. The action-packed day unleashed the unlimited possibilities technology will enable in an exciting, connected world.
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