Explore the words cloud of the EMPLOBOT project. It provides you a very rough idea of what is the project "EMPLOBOT" about.
The following table provides information about the project.
EMPLOCITY SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA
|Coordinator Country||Poland [PL]|
|Total cost||71˙429 €|
|EC max contribution||50˙000 € (70%)|
1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
|Duration (year-month-day)||from 2018-09-01 to 2019-02-28|
Take a look of project's partnership.
|1||EMPLOCITY SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA||PL (WARSZAWA)||coordinator||50˙000.00|
The goal of the project is to verify technological and economic feasibility of a recruitment AI that will utilize automatic planning, reinforced learning and a conversational interface (chatbot) for becoming personal career assistant to the candidates and for intermediating between hiring company and the candidate. The goal of the project is to enter the growing market of Direct Recruiting (global sales revenues of more than 36,8 bln EUR) and Career Management Market (global sales revenues of more than 2,95 bln EUR).
There is a considerable market opportunity for a new solution, since about 40% of global employers report talent shortages. Almost 11 million jobs remained unfilled in the US and EU in 2016. Close to 60% of companies say that competition for talent is the top challenge for their recruiting teams. As a result, nearly 40% of the companies expect that their recruiting budget will increase. There is a growing gap between rising demand for new candidates and the actual performance of the existing sourcing channels (mainly online job boards) in terms of talent acquisition.
The project will bring the revolution to the growing (about 8% per year globally) but technologically stagnant recruitment market – by creating an intelligent recruitment bot that will communicate with the candidates using a conversational interface (chat), helping them find a new job or change it. The essence of the proposed approach is to relieve the candidates from the tedious process of looking for offers that meet their criteria, analysing their fit to the employer’s requirements and applying for the suitable positions (which will be conducted anonymously). At the same time Emplobot will automate talent sourcing and unburden recruiters of administrative tasks to save their time, as well as it will create an outstanding candidate experience for job seekers (by reducing time and stress related to the application process and by offering career advice).
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The information about "EMPLOBOT" are provided by the European Opendata Portal: CORDIS opendata.