CB1-18 Chatbot tool for automatic job interview

Project Information

CB1-18

Grant agreement ID: 816305

DOI

10.3030/816305

Project closed

EC signature date 27 April 2018

Start date 1 April 2018

End date 30 September 2018

Funded under

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Total cost

€ 71 429,00

EU contribution

€ 50 000,00

Coordinated by

ARCA24.COM SA
Switzerland

Periodic Reporting for period 1 - CB1-18 (CB1-18 Chatbot tool for automatic job interview)

Reporting period: 2018-04-01 to 2018-09-30

Summary of the context and overall objectives of the project

Before hiring an applicant for a specific job position, an organization needs to undergo a set of phases and processes to bring in talented professionals. From the initial screening to the final decision, recruiters spend a lot of time and money in the selection processes. There is actually no company able to analyse all the applications received and job applicants run the risk of being rejected even before having their CVs or resumes read. The objective is to create a software, which can help the employability through the optimization and automatization of the recruitment and the selection processes. Indeed, CB1-18 is a computer program able to conduct a job interview automatically via auditory video and textual methods; consequently, it can potentially change the way that staffing industry works. The main goal of this project is that of providing both companies and candidates with a better and improved recruitment. CB1-18 can automatically analyse 100% of CVs instead of just 5% currently detected on the market as well as of reduce time and costs related to the selection processes thanks to Artificial Intelligence. Besides, the Chatbot increases the employability of qualified people facing difficulties in accessing the labour market due to discriminatory factors.

Work performed from the beginning of the project to the end of the period covered by the report and main results achieved so far

To successfully implement CB1-18, Arca24 defined a work plan consisting of:
A- MARKET ANALYSIS:
It was aimed at determining the current HRM demands and at defining the market’s boundaries in which Arca24 operates, thanks to a survey and a competitive analysis.
B- PRODUCT TECHNICAL REQUIREMENTS:
A technical requirements report has been written following an implementation test that has been made to receive a first feedback from those people whose core business is exactly human resources.
C- PRODUCT CONTENT REQUIREMENTS:
Arca24 wrote a content report and developed a proper business scouting strategy to identify beta testers and stakeholders to cooperate with to improve the results of the Chatbot with additional tools or features.
D- BUSINESS STRATEGY DEFINITION:
A ready-to-market business strategy report has been written with the channel, the distribution and the partnership definition and it has been determined a stakeholders scenery particularly broad and diversified.
E- BUSINESS ANALYSIS PLAN:
Arca24 developed a 5-years business plan report for CB1-18 based on the sales revenue, the staff growth, the ROI and costs analysis resulting in an overall substantial growth.

Progress beyond the state of the art and expected potential impact (including the socio-economic impact and the wider societal implications of the project so far)

The results of the work plan showed the attractiveness and feasibility of the project, which has great economic and social impact. CB1-18 is such an innovative tool that it will significantly influence not only Arca24 itself, but also and mainly the whole HR market, by completely changing how recruitment and selection processes work. In the long term, Arca24 would like to develop the software in many additional languages in order to expand worldwide with no boundaries.

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