FORMCEPT’s Big Data Recruitment Product Automates Finding the “Right Fit” Candidate

 The recently released HR Intent platform from Big Data analysis company FORMCEPT is designed to help recruiters automatically find the best-fit candidate for a given job description. In addition to optimizing the hiring process, HR Intent can be used by candidates to create resume infographics sharable with recruiters and others. The recruiting software is built upon FORMCEPT’s Big Data Analysis platform, MECBOT, and includes the following primary features:

• Information extraction from a large ranges of file formats

• Event-line representation of various events (Education, Experience, etc.)

• Profile enrichment using extensible KnowledgeBase

• Resume infographics generation

• Job description-based search

• Side-by-side resume comparisons

• Simple candidate searches using plain English

HR Intent automates all of the steps from collecting resumes to delivery of chosen resumes to the right team. Job descriptions can be uploaded through Intent to specified pools of resumes, which allows the system to automatically identify the right candidates and offer a side-by-side event line comparison. The product also generates an infographic for each resume that highlights major events in education, experience, projects, and achievements. HR Intent can also scan and categorize keywords and buzzwords specific to specific sectors, e.g. finance, business, agriculture, etc., using FORMCEPT’s KnowledgeBase.

Candidates can use HR Intent to add visual appeal to their resumes sent to job market platforms. By uploading their resumes, users can generate an infographic for the document and use the built-in analysis tool to receive instant feedback on resume gaps and recommended skill acquisitions. In the words of FORMCEPT cofounder Suresh Srinivasan, “It has come to the fore that lack of visibility rather than lack of talent is proving to be the hindrance for the recruitment industry that has the market size of $400 billion globally.”