Hiring Technology Takes Flight: Introduction & Industry Insights
Its internal hiring agency also changes on a humongous level with technology because technology is re-wiring organizational hiring, vetting, and workers. The global HR tech market will be $34 billion in 2023 and grow at a 9.2% CAGR between 2023-2030, according to Statista. AI hiring platforms such as HireVue are leading the way with robot interviews, conducting performance tests on the applicants, and facilitating potential automation of hiring.
It is that velocity to hire, accuracy and quantity, which real recruiters need, and that is what AI-based hiring software is really providing them. The grading, the video interview, and the behavioral intelligence all pretty reasonably point the way to such software screening by candidates instead of resumes.
Market Leader Spotlight: Why HireVue Leans Ahead
HireVue is a pioneer in the AI-based recruitment platform ecosystem. The company combines video interviewing, predictive analytics, and game-based tests to facilitate a more data-rich hiring process.
HireVue has partnered with leading enterprises like Unilever, Deloitte, and Vodafone, thanks to its robust features, scalability, and AI-driven insights. If you’re considering building an app like HireVue, understanding its core functionalities is your first step.
For a deeper dive into this topic, check out the full article here: Cost to Build an Recruitment App Like HireVue
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