Artificial intelligence-based resume parsing and matching platform Hirizefacilitates recruitment processes with the API solution it offers. The startup uses the power of artificial intelligence to enable companies to extract valuable insights from complex and unstructured data.
Hirize’s highly accurate advanced APIs provide the clear insights needed to understand and consume complex documents. This technology helps make more accurate decisions by using it within SaaS platforms such as the candidate tracking system (ATS) that manages the recruitment processes. Likewise, companies can benefit from Hirize’s technology. It can automate data processing processes in accounting software and improve patient record systems in the healthcare sector.
in 2021 Esranur Kaygin ve Eren Yaşarkurt Founded by Hirize, it appears as a document intelligence model that entered the industry from the Human Resources field in 2022. HR platforms, candidate tracking applications, and job posting sites use Hirize as Core API, which can be translated as Basic Programming Interface. Hirize reads and matches CVs and job postings entered into the system and structures the data. Among the products offered by Hirize: Hirize Parser, Hirize IQ, Hirize DataAI, Hirize Logic ve Hirize Docs is located.
The company, which has started sales since March 2023, has started to enter the finance and health sectors as well as human resources in recent months. The startup focuses on accounting processes and providing support with financial documents in the field of finance. In the healthcare sector, Hirize will support patients to be included in the system and selected according to certain criteria.
The startup’s team
The engineers in the team are in Turkey. In this sense, we can say that Hirize produces its technology in Turkey. Many departments, including sales, marketing and product design, operate in the USA.
The team focused only on developing the models for the first 10 months of 2022. According to what Kaygın shared; In those years, there was both faster access to processing power and access to more data. The team reached 80 percent accuracy in the first year beta version, and increased this metric to 95 within 1 year. Pointing out that the processes get longer as they get closer to accuracy, Kaygın stated that the remaining 5 percent will be completed in the next 5 years. Let us note that the startup, whose beta version lasted 6 months, launched the product in approximately 1.5 years. According to Kaygın, in today’s conditions, this process starts from 2 years. In this sense, we can say that the initiative acted quickly.
According to Esranur Kaygın, there are various frameworks by which the company measures its algorithm. Data is collected as the system works, and the Hirize team re-examines the data every 3 months and evaluates the training processes (re-training). The Hirize team cares about measuring people equally.
Hirize’s system is mainly present in the environments of corporate companies. The startup’s technology offers support for 27 languages. The countries and regions in which the startup operates include Japan, Korea, Australia, Kazakhstan, Qatar, Dubai, South Africa, Europe, Canada, Brazil, Uruguay and South America including Mexico.
NVIDIA Inception program
Hirize will inform you that it has received seed investment in 2022. we had transferred. The company also recently announced that it has participated in the NVIDIA Inception program. This program supports startups that transform industries with innovative technologies.
NVIDIA Inception helps startups through critical stages of product development, prototyping, and deployment. NVIDIA Inception members receive a number of exclusive benefits. The support offered includes NVIDIA Deep Learning Institute credits, advantageous prices on NVIDIA hardware and software, and technology support. We can say that the NVIDIA Inception program will provide basic tools that will help startups grow. The program will help Hirize develop better and faster models. According to Esra Kaygın; The hardware developed by Nvidia will enable the startup to train much more complex data sets.
Revenue model of the startup
Among the startup’s competitors are companies based in the Netherlands: Textkernel and based in Australia AffidavitOCR focused Nanonets There are companies like. Kaygın also states that Hirize worked with Textkernel on a project in the past. According to the startup, while competitors mainly develop machine learning, Hirize develops models on deep learning. The startup states that it is already focusing on artificial intelligence in the future.
Hirize offers its customers with 3 different packages: Demo, Standard and Premium. Packages range from $79 to $500. There is also a free trial version available. For high-volume work, companies can contact the Hirize team and create packages tailored to their needs. While platforms with 1000 to 5 thousand customers can benefit from ready-made packages, recruitment platforms with 10 thousand to 100 thousand customers can benefit from packages specially created for them.
The future of Hirize and artificial intelligence
We also talked with Esranur Kaygın about the changes that artificial intelligence has undergone from past to present and the artificial intelligence models that await us in the future.
Esra Kaygın stated that in the past 10 years, we have classified all data, including videos, images, audio recordings, documents and text, very well by labeling them. Saying that this situation brought us the algorithms of platforms such as Instagram, Amazon and Netflix, Kaygın stated that we have come to a productive period today because we understand this data. She added that artificial intelligence can produce new things because it collects data and understands this data.
According to Kaygın; Even though everyone thinks the future will look like this, we are just at the beginning of this process and these are the first glimmers of artificial intelligence. upcoming Models that will be 5 times larger than today’s models in terms of capacity in 5 years We’ll see. Talking about the concept of a skillful artificial intelligence, Kaygın stated that artificial intelligence can take action instead of telling us what we need to do about something.
Esranur Kaygın detailed this situation with an example of product sales. The system in question will be able to perform every operation, from market research of a product to marketing campaign and advertising optimizations, without the need for human intervention. Kaygın stated that models developed by artificial intelligence companies will also support this system. In addition to analyzing various metrics in the field of finance, artificial intelligence will be able to take action in line with these analyses. Companies are developing models to make decisions and take actions on their own. Hirize also thinks about the future now; In this context, it focuses on developing artificial intelligence models.
Source link: https://webrazzi.com/2024/05/27/yapay-zeka-tabanli-ozgecmis-ayristirma-ve-eslestirme-platformu-hirize/