RCS - CYKEL AI PLC - New Recruitment-Focused Automation Workflows

Cykel AIAnnouncement

29/10/2024 07:00

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RNS Number : 9031J  CYKEL AI PLC  29 October 2024

29 October 2024

Cykel AI PLC

("Cykel AI" or the "Company")

Cykel AI Expands Product Offering with New Recruitment-Focused Automation Workflows

Cykel AI PLC (LSE: CYK), a leader in AI automation solutions, today announced
the launch of a suite of recruitment-focused automation workflows designed to
streamline end-to-end processes and high-volume tasks. This launch builds upon
Cykel's successful partnerships with multiple recruitment firms, including
Chaptr, an innovative recruitment startup specialising in hiring across
Engineering, Product, Data, and Leadership. This launch comes at an optimal
time to meet the growing demand for AI solutions in the talent acquisition
space.

Key Features:

●    Automated candidate screening and CV analysis

●    Job description generation and optimisation

●    LinkedIn integration for AI-powered candidate sourcing

●    AI interview analysis and candidate scoring

●    Automated personalised candidate engagement campaigns

●    Integration with leading Applicant Tracking Systems (ATS)

These workflows are designed to reduce time spent on repetitive recruitment
tasks, allowing recruitment professionals to focus on making better hiring
decisions faster. The solution leverages Cykel's advanced AI capabilities to
automate key stages of the recruitment lifecycle, from initial candidate
sourcing through to final placement.

With the UK recruitment industry valued at tens of billions of pounds
annually, the adoption of AI technology has become crucial for maintaining
competitive advantage. Research indicates that recruitment professionals spend
up to 70% of their time on repetitive tasks that could be automated,
representing a significant opportunity for AI-powered solutions to transform
the industry. As organisations face increasing pressure to hire efficiently in
a competitive talent market, AI automation tools have become essential for
modern recruitment operations.

Ewan Collinge, Co-Founder and CEO of Cykel AI, commented: "Our expansion into
recruitment automation represents a strategic focus on an industry where we've
seen exceptional demand for AI transformation. Through our work with partners
like Chaptr, we've developed deep insights into the challenges faced by
recruitment professionals. This new suite of workflows addresses these
challenges head-on, automating the repetitive aspects of recruitment while
enhancing the human elements that make great recruitment possible. We're
excited to see how this technology will help organisations streamline their
hiring processes and make better placement decisions."

This release extends Cykel's presence in the recruitment sector, building upon
existing partnerships and carrying forward the Company's mission to automate
work at scale. The recruitment vertical represents a key growth area for
Cykel, aligned with the Company's strategy of focusing on sectors where AI
automation can deliver significant value.

About Cykel AI PLC

Cykel is an AI product and research company. Our automation solutions simplify
repetitive tasks, enabling employees to concentrate on strategic and important
work. We build systems designed to expand the functionality, reliability, and
application of AI automation. Cykel AI is building an automation layer for the
internet.

Contact Information:

For more information about Cykel AI, please visit cykel.ai

 

 

 

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