Job search and "matching" engine Monster.com announced the launch of SeeMore, a cloud-based semantic search and analytics platform for managing resume databases.
"Our philosophy on innovation is simple - we focus on products and solutions that deliver breakthrough technology to address a real market need. SeeMore(TM) is no exception. It solves a complex problem that many employers are facing -- not having strategic visibility into their internal and external talent pools because they are using a range of technologies in an increasingly fragmented recruiting environment," said Darko Dejanovic, EVP, Global CIO and Head of Product for Monster Worldwide.
The SeeMore platform allows companies to search recruitment information to identify, access and match up appropriate talent with available positions. The platform enables HR to score and compare candidates, and mine current employee population to understand talent needs among other features. Minimizing manual reviewing and screening of resumes could lead to lowering cost-per-hire costs.
As you might expect, the performance of HR professionals is judged by how they measure processes and provide metrics in regards to talent management. "Despite continued high levels of unemployment, shortages of key skills remains the top talent acquisition pressure among organizations," said Mollie Lombardi, Research Director, Human Capital Management at Aberdeen Group. "Talent is critical to power business performance, so the ability to better find, manage and move candidates through the hiring process will be a true differentiator for top performing companies."