Issue 110 - 23rd November - 11th January (2009)
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Actonomy xMP searching and matching software is targeting the most efficient ‘finding process’ of candidates (and vacancies) by emulating the way a recruiter searches for candidates. Questions such as :” I don’t find any candidates with these words, so which words should I use I now?” are now answered automatically by the knowledge base in the search process. When words differ, but are related to eachother, the knowledge base will find them. This development will contribute to decreasing the gap between supply and demand in the labour market. It also supports recruiters using new channels such as social networks like LinkedIn, Facebook, Netlog, and others.
“It is an important enhancement to traditional search techniques.” says filip de Geijter, CEO Actonomy “Often recruiters conclude they don’t find any suitable candidate, while they’re looking at a database with several 10.000’s or even more than 100.000’s of CV’s.”
Traditional database queries to be done every time again and again are history: modern systems should contain knowledge helping people searching for candidates or jobs, and this in a realtime mode.
Unique in the concept is a large knowledge base of job descriptions, function titles, competencies, skills and additional HR related criteria and information.
The internal knowledge base was so far developed in a collaborative project where recruiters and domain experts contributed to the realisation of the Knowledge Base.
“The power of Actonomy xMP functioning in job boards or e-recruitment systems is not only the strenght of the technology in terms of bits and bytes” says Filip De Geijter, CEO Actonomy. “Equally important is the HR knowledge that is embedded in the software. The internal HR knowledge base is probably the largest set of function titles and skills available on the market and is key to succes in times of candidate scarcity and the much too broad overflow of job offers.”
In order to cope with the on-going evolutions in the market, Actonomy has now opened up the creation of the HR knowledge base to a larger community of recruiters. “Recruiters are standing close to the market and therefore best positioned to contribute to developing tools and technology.” says Filip De Geijter, “Moreover, this allows us to create solutions which are much more suited for recruiters than traditional systems such as typical database querying systems or standard keyword searches.”
The contributors to the HRM knowledge are being grouped in a formal community that is accessible either directly as part of an agreement with Actonomy or through some of the key business partners. Business partners are providing a gateway to Actonomy’s knowledge base and recruiters can add content or provide suggestions on how to improve the content. A true ‘Web 2.0’ community is created among recruiters.
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