BRICS Solution Awards

Iconicompany

Problem and implemented solution

Problem: Building a project team takes around 2 months, which adds approximately 33% to the project timeline. The process of searching for and evaluating candidates is done manually, leading to inefficiencies. Scoring of resumes is often subjective, and only 10-20% of interviews result in a successful match, depending on the role and requirements. Additionally, significant time is wasted on back-and-forth communication between the client and the staffing agency. Solution: Project team formation is reduced to 2 weeks, with individual specialists being onboarded in just 48 hours. The platform uses objective resume scoring (UCB, LASSO) and vector-based candidate search (FAISS), resulting in a 40% increase in successful interviews. No more back-and-forth with account managers — an AI assistant handles all details, schedules interviews, prepares interview plans, and analyzes candidate responses.

Russia
Nomination

Artificial Intelligence And Digital Services

Topic

Artificial intelligence

Estimated duration of implementation

2 years

Implementation geography

Russia (Moscow, Izhevsk), United Kingdom

Description of competitive advantages

**Competitive Advantages:** Our key advantages include algorithmic candidate selection, an AI assistant, and advanced scoring. The AI assistant handles routine tasks such as candidate matching and communication with staffing agencies. Our scoring system increases hiring success by 20%, while vector-based search identifies specialists who closely resemble the client’s top-performing employees. This approach reduces team formation time from 2 months to 2 weeks, and allows onboarding of individual specialists within just 2 days.

List of awards and prizes, media articles about the organization/individual or the Practice

Finalist of the FRII 5 (2022)б Skolkovo Resident

List of scientific works and IP connected with the Practice

N.A.

Contacts

For queries about BRICS Solutions Awards please reach out to Agency for Strategic Initiatives International Office Team:

Partners

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