18 November 2024, Mon |
4:41 AM
Qureos, a startup based in the UAE committed to advancing careers in the MENA region, has unveiled Iris, an AI recruitment platform poised to transform talent acquisition in the area. Iris introduces a groundbreaking approach to candidate sourcing, evaluation, and matching, leveraging advanced AI and ML algorithms to empower employers with unmatched efficiency.
With Iris, the entire recruitment process is streamlined, delivering an average of 47 relevant candidates per search in a mere 26 seconds. This revolutionary platform has the potential to reduce time-to-hire and cut recruitment costs by up to 43%, addressing long-standing challenges associated with talent acquisition.
Gone are the days of tedious manual screening and sifting through countless resumes for hiring managers. Iris conducts rapid and comprehensive evaluations of candidates, pinpointing ideal matches with exceptional precision. Moreover, Iris plays a vital role in helping employers tackle the extended time to employment, which currently stands at up to 18 months for early-in-career talent in the region. It also aims to narrow the skills gap and address the pressing issue of job creation. According to McKinsey, the MENA region is projected to experience significant workforce expansion of 127 million in the next decade, primarily driven by its burgeoning youth population.
Alexander Epure, CEO & Co-founder of Qureos, emphasized the significance of Iris, stating, “Iris embodies Qureos’ mission to accelerate 100 million careers, revolutionizing the hiring process and aligning aspirants with their goals. Its power lies in uncovering hidden gems among a sea of candidates, often overlooked by employers.
Recognizing that 30% of Middle East respondents are seeking new career opportunities, according to a PwC survey, Iris serves as a critical catalyst for career advancement in the region. By enhancing hiring effectiveness for employers and empowering candidates to unleash their potential, Iris aims to reshape the recruitment landscape.”
Qureos boasts a talent pool of over 7 million candidates from countries such as the UAE, KSA, Egypt, Pakistan, India, Bahrain, Oman, Qatar, Kuwait, Sri Lanka, and Lebanon. To ensure employers have access to a diverse range of highly qualified individuals, Qureos also offers candidates unparalleled opportunities for growth and upskilling. Through practical, hands-on projects and personalized 1-on-1 mentorship, candidates are guided by industry-leading mentors from renowned organizations including Google, Microsoft, PayPal, Amazon, Cisco, and over 100 global businesses.
Iris enhances the candidate experience by ensuring transparency at every stage of the recruitment process. It provides AI-generated matching summaries, objectively shortlisting candidates based on their skills and performance.
Abdulrahman AlKooheji at Gro Partners, a prominent investments-focused consultancy and advisory company in the UAE, had the privilege of using Iris during its beta phase and commended its game-changing impact. “In an era where instant results are not only desired but expected—a sentiment mirrored in sectors like retail and delivery—Iris emerges as a timely and fitting solution for the entire recruitment industry. My personal experience with the beta version left me appreciative of their AI’s ability to process results quickly and accurately. With its swift execution and potential for significant cost savings, Iris is well-positioned to be a game-changer, serving businesses both regionally and globally. Kudos to the team for their excellent work!”
Since its establishment, Qureos has been diligently serving prominent companies in the UAE, including RemotePass, DP World, and Unilever. With the introduction of Iris, Qureos aims to disrupt the recruitment space and create enhanced career prospects throughout the region.
