Hire smarter and boost your recruitment with AI - Elite Business Magazine

Thanks to increasing levels of computational power and an ocean of available data, algorithms and artificial intelligence (AI) are increasingly gaining sway in the world of business. And having seen how these tools have informed better decisions and boosted efficiencies across disciplines such as marketing or finance, it was inevitable businesses would start trying to harness them in the war for talent. "The world is starting to see the usefulness of data and software to help solve really difficult problems," says Alistair Shepherd, co-founder of Saberr, the HR analytics tool that uses algorithms to improve hiring decisions and internal team formation. "It makes sense that they might also be applicable to the way we hire." As a result, many recruiters have been exploring the ways in which algorithms and AI can help them better acquire talented candidates.