Latest news with #HRTech
Associated Press
3 days ago
- Business
- Associated Press
Announcing Balaji Karumanchi as Founder & CEO of Excelhire – The AI-Agentic Hiring Intelligence Platform
FRISCO, Texas--(BUSINESS WIRE)--Jun 1, 2025-- Excelhire, the AI-powered hiring intelligence platform, proudly announces Balaji Karumanchi as its Founder and Chief Executive Officer. With a bold vision to reimagine hiring, Excelhire is building the world's first AI Agent-led recruitment platform — engineered to automate, scale, and personalize every step of the hiring journey. 'Recruitment is no longer about filling positions — it's about making precise, timely, and data-backed decisions,' said Balaji Karumanchi. 'Excelhire is powered by a system of intelligent agents that operate 24/7 to empower recruiters, streamline workflows, and deliver outstanding hiring outcomes.' Meet the AI Agents BehindExcelhire At the core of Excelhire's innovation lies a coordinated ecosystem of six specialized AI Agents, each designed to handle a critical part of the hiring process: HR Agent Search Agent Email Agent Monitoring Agent Analysis Agent Decision Agent Why It Matters Excelhire addresses today's most pressing recruitment challenges: speed, precision, engagement, and quality of hire. The platform brings AI into the hands of hiring teams — not as a tool, but as a set of active, intelligent co-workers. About Balaji Karumanchi Balaji Karumanchi is a seasoned entrepreneur and visionary technologist with over two decades of experience in enterprise solutions, AI innovation, and HR tech. With Excelhire, he's redefining how organizations approach talent acquisition — with intelligence, automation, and a relentless focus on hiring outcomes. About Excelhire Excelhire is a next-gen hiring platform powered by a system of AI Agents that automate and optimize the recruitment process from end to end. Designed for modern hiring teams, Excelhire delivers faster, fairer, and more efficient hiring through continuous, intelligent automation. View source version on CONTACT: Media Contact: Marketing Team [email protected] 1 (469) 441-3937 KEYWORD: TEXAS UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES TECHNOLOGY ARTIFICIAL INTELLIGENCE SOFTWARE HUMAN RESOURCES SOURCE: Excelhire Copyright Business Wire 2025. PUB: 06/01/2025 08:30 AM/DISC: 06/01/2025 08:31 AM
Yahoo
3 days ago
- Business
- Yahoo
Announcing Balaji Karumanchi as Founder & CEO of Excelhire – The AI-Agentic Hiring Intelligence Platform
FRISCO, Texas, June 01, 2025--(BUSINESS WIRE)--Excelhire, the AI-powered hiring intelligence platform, proudly announces Balaji Karumanchi as its Founder and Chief Executive Officer. With a bold vision to reimagine hiring, Excelhire is building the world's first AI Agent-led recruitment platform — engineered to automate, scale, and personalize every step of the hiring journey. "Recruitment is no longer about filling positions — it's about making precise, timely, and data-backed decisions," said Balaji Karumanchi. "Excelhire is powered by a system of intelligent agents that operate 24/7 to empower recruiters, streamline workflows, and deliver outstanding hiring outcomes." Meet the AI Agents Behind Excelhire At the core of Excelhire's innovation lies a coordinated ecosystem of six specialized AI Agents, each designed to handle a critical part of the hiring process: HR Agent Orchestrates the entire hiring flow Delegates tasks to specialized agents Keeps recruiters updated in real time Search Agent Identifies and ranks top-matching candidates using dynamic job-to-profile alignment Email Agent Delivers personalized, scalable outreach to candidates with automated engagement logic Monitoring Agent Tracks candidate interactions and triggers timely follow-ups to maximize response rates Analysis Agent Parses resume and generates data-driven fit scores for faster, smarter evaluation Decision Agent Recommends next steps based on configurable logic, optimizing qualification decisions Why It Matters Excelhire addresses today's most pressing recruitment challenges: speed, precision, engagement, and quality of hire. The platform brings AI into the hands of hiring teams — not as a tool, but as a set of active, intelligent co-workers. Reduce screening and outreach time by over 70% Improve candidate response rates with intelligent follow-ups Make smarter decisions with real-time fit scoring and logic-driven recommendations About Balaji Karumanchi Balaji Karumanchi is a seasoned entrepreneur and visionary technologist with over two decades of experience in enterprise solutions, AI innovation, and HR tech. With Excelhire, he's redefining how organizations approach talent acquisition — with intelligence, automation, and a relentless focus on hiring outcomes. About Excelhire Excelhire is a next-gen hiring platform powered by a system of AI Agents that automate and optimize the recruitment process from end to end. Designed for modern hiring teams, Excelhire delivers faster, fairer, and more efficient hiring through continuous, intelligent automation. View source version on Contacts Media Contact: Marketing TeamMarketing@ 1 (469)
Yahoo
6 days ago
- Business
- Yahoo
$57.7 Bn Online Recruitment Platform Market by Functionality, Seniority Level, Deployment Model, Enterprises Size, Industry - Global Forecast to 2030
Online Recruitment Platform Market Dublin, May 29, 2025 (GLOBE NEWSWIRE) -- The "Online Recruitment Platform Market by Functionality, Seniority Level, Deployment Model, Enterprises Size, Industry - Global Forecast to 2030" report has been added to Online Recruitment Platform Market grew from USD 51.53 billion in 2024 to USD 57.70 billion in 2025. It is expected to continue growing at a CAGR of 12.17%, reaching USD 102.70 billion by 2030. The digital transformation of talent acquisition has reached an inflection point, demanding a fresh perspective on how organizations attract, engage, and hire top talent. As competition intensifies and workforce expectations evolve, recruitment platforms have morphed into strategic hubs that drive employer branding, candidate experience, and data-driven decision making. Understanding these dynamics is critical for HR leaders, technology buyers, and C-suite executives executive summary distills the most pressing trends and shifts shaping the online recruitment landscape. It unpacks the transformative forces driven by technological innovation, policy changes, and evolving candidate behaviors. By exploring the implications of new US tariffs, examining market segments, regional variations, and competitive dynamics, this analysis provides a cohesive narrative designed to inform strategic planning. Ultimately, this introduction lays the groundwork for targeted recommendations and a robust methodology, equipping decision makers with the insight needed to navigate an increasingly complex Digital Transformation is Redefining Talent AcquisitionTalent acquisition is undergoing a seismic shift propelled by advanced analytics, artificial intelligence, and a relentless focus on candidate experience. Algorithms now power intelligent resume screening, predictive matching, and automated interview scheduling, reducing time-to-hire and improving quality of hire. Meanwhile, mobile-first and social recruiting strategies have reshaped how organizations engage passive and active candidates, creating seamless, intuitive touchpoints across multiple digital a result, recruitment platforms have transitioned from transactional systems into holistic talent engagement solutions. Employers are integrating chatbots and virtual assistants to answer candidate queries in real time, while immersive technologies such as video assessments and gamified challenges foster richer interactions. This confluence of innovation not only enhances recruitment efficiency but also strengthens employer brands. In this era of digital transformation, organizations that embrace these technological advancements will secure the competitive advantage needed to attract, nurture, and retain critical talent. Regional Dynamics Driving Growth Across Recruitment SolutionsAcross the Americas, North America retains leadership with mature cloud adoption and a strong appetite for AI-driven sourcing, while Latin American markets are gaining momentum through mobile-first deployments and regional talent networks. Local labor regulations and diversity mandates continue to influence platform feature roadmaps, driving localized innovation and strategic Europe, Middle East & Africa, diverse regulatory environments require solutions that balance data sovereignty with cross-border collaboration. The European Union's stringent data privacy framework has prompted robust on-premise offerings, while emerging markets in the Middle East seek scalable cloud deployments to keep pace with rapid economic growth. African nations are also accelerating digital transformation efforts, leveraging recruitment platforms to streamline large-scale public and private sector hiring exhibits some of the fastest rates of platform adoption globally. China, India, Japan, Australia, and Southeast Asian economies are investing heavily in AI-powered candidate engagement, localized career portals, and integrated learning management features. High population densities and burgeoning digital workforces underscore the immense potential for cloud-native solutions, with governments and large enterprises driving large-scale deployment projects to address critical skills Landscape of Leading Recruitment Platform VendorsThe competitive landscape of online recruitment platforms is defined by a mix of established enterprise suites and rapidly evolving niche providers. Leading vendors leverage comprehensive talent management ecosystems that integrate sourcing, assessment, onboarding, and analytics, targeting organizations seeking end-to-end solutions. These incumbents continuously enhance their offerings through strategic acquisitions and global alliance programs to maintain market the same time, challenger companies differentiate by focusing on specialized modules, user-centric design, and agile implementation models. These innovators often excel in delivering rapid ROI through preconfigured industry templates and AI-enabled candidate matching. Their customer success teams emphasize consultative deployment approaches, ensuring that mid-market buyers can achieve value quickly without extensive between platform vendors and complementary service providers have become increasingly common. By forging partnerships with assessment firms, employer branding agencies, and HR analytics consultancies, leading companies enrich their ecosystems and provide integrated experiences. As the industry matures, the ability to weave together a best-of-breed partner network may prove as important as standalone product capabilities. Key Attributes: Report Attribute Details No. of Pages 194 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $57.7 Billion Forecasted Market Value (USD) by 2030 $102.7 Billion Compound Annual Growth Rate 12.1% Regions Covered Global Market Segmentation & Coverage Functionality Applicant Tracking Systems Career Portals Recruitment Marketing Platforms Social Recruiting Platforms Seniority Level Entry Level Executive Level Mid Level Senior Level Deployment Model Cloud-Based On-Premise Enterprises Size Large Enterprises Small & Medium Enterprises Industry Aerospace & Defense Automotive & Transportation Banking, Financial Services & Insurance Building, Construction & Real Estate Consumer Goods & Retail Education Energy & Utilities Government & Public Sector Healthcare & Life Sciences IT & Telecommunication Manufacturing Media & Entertainment Travel & Hospitality This research report categorizes to delves into recent significant developments and analyze trends in each of the following companies: Bullhorn, Inc. CareerBuilder, LLC Ceipal Corp. ClearCompany, LLC Coderbyte Cornerstone OnDemand, Inc. Dayforce, Inc. DHI Group, Inc. Eightfold AI Inc. Employ, Inc. HackerRank HerKey Restart Portal Private Limited HT Media Limited iCIMS, Inc. Info Edge (India) Limited iSmartRecruit JobScore, Inc. Joinrs S.r.l. LHH Recruitment Solution LinkedIn Corporation Michael Page International Recruitment Pvt Ltd Oracle Corporation Randstad N.V. Recruit Holdings Co., Ltd. Scholiverse Educare Private Limited Seek Limited Inc. Talentica Software India Pvt. Ltd. TalentLyft Platform TalentNow TeamLease Service Limited Times Internet Ltd. Top Echelon Software, LLC ZipRecruiter, Inc. Zoho Corporation Pvt. Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Online Recruitment Platform Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
26-05-2025
- Business
- Zawya
11th Annual HR Tech MENA Summit wraps up on a high note
Dubai, UAE – The 11th Annual HR Tech MENA Summit, held on May 20–21, 2025, in Dubai, UAE, concluded successfully with over 500 senior HR and tech leaders from across the MENA region in attendance. This prestigious event organized by QNA International, focused on the evolving intersection of human resources and technology, highlighted how AI, data analytics, and HR tech are transforming the workplace today and tomorrow. From a decade of legacy to stepping into a new era, the summit marked a defining moment in the region's HR journey—one where Tech Transformation is no longer a choice but a necessity, human connections meet intelligent systems in a powerful blend of human and tech, and every interaction becomes a digital handshake driving workforce evolution. Celebrating a decade of legacy and stepping into a new era, the summit spotlighted the region's ongoing digital transformation and commitment to employee-centric practices. With a sharp focus on innovation, AI integration, and workforce agility, the event gathered C-suite executives, decision-makers, and pioneering tech experts. Key discussions revolved around the role of AI in enhancing employee experience, streamlining decision-making, and supporting data-driven HR strategies. Over two impactful days, the summit provided a platform for knowledge-sharing, networking, and strategic collaboration. 'Our latest survey, conducted during the event, revealed that many organizations now expect over half of their HR decisions to be data-driven, and 83% rate AI highly important in HR processes,' said Sidh NC, Director at QNA International, the event organizer. 'These insights demonstrate the region's accelerated shift toward digital-first HR strategies and a future-ready workforce.' In addition to keynote addresses and panel discussions, the summit facilitated in-depth exploration into how emerging technologies are redefining traditional HR functions. James Tarbit, Global Head of Employee Experience at Ipsos, shared his perspective: 'It's been a fascinating summit. The conversation is becoming more timely than ever. With AI adoption doubling in the past 12 months, this is truly the perfect time to be having these discussions. The summit also emphasized the importance of high-quality engagement. Anthony Keenan, Solutions Director at Qualtrics Middle East, highlighted the event's collaborative spirit: 'The networking breaks have been excellent. I was impressed by the diversity and quality of delegates. This dynamic was clearly driven by the insightful content shared during the sessions, which focused everyone on the core themes of the day.' A standout moment came from Mohammed A. Bukhary, Deputy Mayor of Human Capital for Makkah, who spoke about the event's role in regional collaboration: 'Being here with so many talented professionals and HR experts is a tremendous opportunity. Events like this enable us to share knowledge, exchange best practices, and strengthen our community. The collective experience is immense-more than a thousand years of expertise gathered in one place. ' While technology remained central to the summit, the event also emphasized human connections in a digital-first world. Ali AbuHaliqa, Executive Director of Human Capital and Deputy Chief Corporate Support Officer at Mubadala Energy, reflected: 'It was truly a pleasure to be part of the event. I enjoyed the energy in the room and the engaging discussions. ' The positive energy continued with reflections from Lisa Lyons, Partner at Mercer, who appreciated the diverse perspectives brought to the table: 'It has been fascinating to hear such a diversity of thought from panelists, keynote speakers, and delegates. The mix of participants—from leaders of large organisations to start-ups created a unique chemistry and range of viewpoints that made every conversation meaningful.' A major feature of the summit was the live survey conducted throughout the event, which offered real-time insights into the region's evolving HR tech landscape. Survey results showed that nearly half of the respondents now expect data to drive most HR decisions, while over two-thirds (69.8%) see AI as vital in HR processes. These findings reinforced the urgency for businesses to adapt and embrace smarter, tech-enabled HR strategies. As the region's flagship gathering for HR innovation, the next edition promises deeper insights, cutting-edge trends, and even more strategic networking opportunities. With continued focus on AI, data analytics, employee experience, and organisational agility, the upcoming summit aims to help organisations future-proof their HR operations and workforce strategies. As we move from a decade of legacy into a new era of transformation, the HR Tech MENA Summit stands as the region's most prestigious and premier event, creating a powerful digital handshake between technology and human potential. 'The 11th HR Tech MENA Summit was more than just a gathering—it was a catalyst for action,' said Sidh NC, Director at QNA International. 'As we turn the page on a decade of progress, we're stepping into a future where HR is not just enhanced by technology but empowered by it. The conversations, connections, and commitments made here will echo across boardrooms and businesses, driving a more agile, intelligent, and human-centered world of work.' The successful conclusion of the 11th HR Tech MENA Summit not only underscored the MENA region's commitment to HR innovation but also laid a strong foundation for the future of work. As organisations continue to adopt new technologies and agile practices, summits like the HR Tech MENA Summit will play a crucial role in shaping the workplace of tomorrow, where the blend of human insight and technological advancement drives meaningful, lasting change. About QnA International QnA International LLC is a leading global B2B event organizer, continuously innovating the knowledge and events business for more than a decade. With a growing portfolio of conferences, summits, and training—ranging from Trade Finance to Travel & Tourism, Technology, Supply Chain Finance, Destination Weddings, and Human Resources—QnA International caters to a wide range of industries in correlation with the present and future demands of the global economy. Headquartered in Dubai, UAE, the company organizes B2B events around the world, including expertise in delivering world-class events in destinations like the UAE, Saudi Arabia, Qatar, Mexico, India, Greece, Thailand, Georgia, and Indonesia. Media Contact: Urvashi Kadam urvashi@ Kim Lauren service@
Zawya
13-05-2025
- Business
- Zawya
Experience the extraordinaire at HR Tech MENA 2025
Dubai – The HR Tech MENA 2025 summit opened in Dubai with a bang as organisers of the event QnA International brought together the industry's top solution providers to explore the future of work in Dubai. CHROs, CTOs, CIOs, VPs of HR and IT, and digital transformation experts from across the region gathered in the city to hear from acclaimed industry leaders, share best practices, discuss challenges, and explore solutions that will define the workplace of tomorrow. Sidh NC, Director, QnA International welcomed dignitaries and attendees, 'We are pleased to host HR Tech MENA Summit 2025 for over a decade now, the region's most premier and prestigious event that addresses the most significant present-day subject close to the hearts of visionary HR leaders – applying Tech Transformation for the well being of the organisation and its people. Your contributions have driven MENA's tech transformation, positioning the region at the forefront of progress. With AI adoption soaring to 76%, our commitment to employee experience, strategic workforce planning, and digital upskilling remains stronger than ever. We invite you to benefit from the insights shared by industry leaders both regional and international borne out of years of experience. The lessons we will learn from the extraordinary line-up of speakers is sure to inspire and transform the HR practice in the region.' Dr. Oleg Konovalov, listed among the Global Gurus Top 30 in Leadership and the Global 100 Inspirational Leaders, alongside figures like Bill Gates and Elon Musk delivered the opening keynote address on 'Raising Visionary Leaders of Tech: The Role of HR as People Visionaries.' The inspirational speech bringing global insights to MENA highlighted the difference between Leaders who look to the future and Managers who oversee the present. Konovalov said AI can never replace leaders since the information at its disposal is limited to the past and present. He encouraged CHROs and COOs to become leaders and visionaries. Renowned personalities from our region and beyond, added a new dimension to the overall theme 'Digital Handshake: Blending Tech and Touch'. Mohammed A Bukhary the Deputy Mayor of Holy Makkah for Human Capital from Makkah Municipality shared deep insights from the heart of our region as he delivered the C LEVEL KEYNOTE: LEADING IN A DIGITAL WORLD - Managing Millions: A closer look at Makkah's Digital Handshake with Human and Tech. Bukhary's unique perspectives brought to life a remarkable chapter in the digital transformation of Saudi Arabia as he narrated Makkah Municipality's revolutionary story. Makkah Municipality has embraced technology to align people, processes, and programs with organizational goals to drive sustainability and growth and thereby manage millions of visitors around the year. This is a remarkable achievement for a city that welcomed more than 75 million visitors during Ramadan last year with the assistance of 120,000 workers, 32,500 health practitioners and 13,549 cleaners. James Tarbit, the Global Head of Employee Experience at Ipsos, spoke on TALENT AND TECH - 3T's of the workforce world: Trust, talent & technology. He highlighted that these three pillars are not just buzzwords-they are the foundation upon which future-ready high performing workplaces are built. IPSOS data reveals that while 50% of the workforce believe AI will help them in their work, there are issues of trust and a feeling that the world is changing too fast. James said acceptance of AI requires cultural change that can be brought about by sharing information and getting people involved. James exceptional insights are based on a career that has spanned strategic advisory roles for both private and public sector leaders and his current lead role in a vast network of consultants and researchers across more than 40 countries. A specialist in leadership, culture, and employer branding, James previous experience as Global Head of Employee Insight at HSBC saw him pioneering people analytics and digital transformation on a global scale. As organizations strive to thrive in the Human Age, the ability to harness data for smarter workforce management has never been more critical. Faisel Bashir, Market Leader - KSA and Growth Markets, Mercer Talent Enterprise at Mercer Talent Enterprise spoke on Revolutionizing the Workforce Management with Data-Driven Strategies for Thriving in the Human Age. His presentation explored the way data-driven strategies are transforming HR, enabling leaders to make informed decisions that foster engagement, well-being, and high performance. With over 20 years of experience and as the region's first holder of a Master's in Positive Psychology she was able to highlight the way forward in an era of rapid digital change and evolving employee expectations. Other keynote speakers over the two-day summit include CHROs and Senior Business Leaders from the UAE, GCC, Europe, Singapore and India. Masterclasses and Case Study Showcases from regional leaders from various industries and other luminaries supplemented the extraordinary take-aways for all attendees. Sidh NC summed up 'Attendees of HR Tech MENA 2025 will experience the extraordinaire, learning and taking away deep knowledge and new insights. The summit in Dubai has added a new dimension to the theme 'Blending Tech and Touch.' About QnA International QnA International LLC is a global leader in B2B event organization, driving innovation in knowledge-sharing and business events for over a decade. Its diverse portfolio includes conferences, summits, and training programs across sectors such as trade finance, travel and tourism, technology, supply chain, destination weddings, and human resources. Based in Dubai, UAE, QnA International delivers world-class events in key global markets, including the UAE, Saudi Arabia, Qatar, Mexico, India, Greece, Thailand, Georgia, and Indonesia, aligning with the evolving demands of the global economy. Visit
