Ventana Research Analyst Perspectives

AI/ML Super-Charges the Recruiting Technology Market

Posted by Steve Goldberg on Nov 24, 2021 3:00:00 AM

Many of us can recall the excitement generated by the first Applicant Tracking Systems or ATS’s hitting the market in the late 1990s and early 2000s. After all, activities related to sourcing, screening, selecting and offering jobs to candidates was perennially a very manually intensive endeavor that also produced many false positives (unsuccessful hires) as well as false negatives (potentially great hires that were never brought into the recruiting process). The first wave of ATS’s proved to be extremely successful in the market due to the impact of their automation capabilities, with virtually all of the ATS market leaders back then either getting acquired and folded into larger HCM platforms, or continuing their path to amassing very large, typically global, customer bases today.

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Topics: Human Capital Management, Recruiting, HR, Talent Management, Talent Acquisition