This AI solution leverages India’s tech talent pool to address the cost-quality dilemma faced by SME businesses & Innovation Teams in the US, UK, Australia, and UAE.
[Chennai, India] – April 11, 2024 – As businesses in developed economies strive to remain innovative and competitive, securing top talent remains a constant challenge. This is often burdened by the need to balance cost-effectiveness with finding the highest quality professionals. Allied BizTech’s AI-powered talent scouting platform – LUCIDA, solves this by providing access to India’s vast skilled workforce, offering a streamlined and cost-effective solution.
Leading research institutions such as McKinsey & Company and the Society for Human Resource Management (SHRM), claim talent acquisition remains a top priority for businesses across developed economies.
Costly Delays: Leaving positions unfilled for extended periods can cause losses of 6 to 9 months of a position’s salary. For high-level or specialized roles, this figure can reach upwards of 200% of the annual salary.
Lengthy Time-to-Fill: On average, filling a vacant position takes 42 days. Roles requiring niche skills can stretch this timeline to months, hindering productivity.
Intense Competition: Companies compete fiercely while the rise of remote work and the gig economy give skilled individuals more options than ever, making it harder to find the perfect fit.
Balancing Cost and Quality: The Equation Businesses Face
The core of the talent acquisition problem is two-fold:
Cost: Methods like in-house hiring or agencies are expensive, especially in high-cost regions. Overhead costs further burden budgets even if outsourcing is used.
Quality: In today’s economy, innovation relies on the best people. Companies cannot afford to compromise on talent and long-term success.
Lucida by Allied BizTech: AI-Powered, Human-Vetted Talent Matching
Lucida, powered by Google AI Cloud, gives businesses the best of both worlds:
Cost Savings: Lucida offers access to pre-vetted Indian talent at competitive rates, providing significant savings compared to traditional hiring methods.
Top Quality Talent: Lucida’s intelligent algorithms ensure precise matching to find individuals with the right skills, experience, and cultural fit for any organization. With a database of over 2,75,500+ professionals across 150+ skill sets in Coding, Data Science, AI, Digital Marketing, Social and Data Labeling.
Success Story:
“Integrating Lucida and Allied BizTech into our hiring strategy has been immensely beneficial. Lucida’s vast talent pool and precision matching have allowed us to find developers with highly specific skills. Allied BizTech’s managed services model streamlines the entire process, saving us valuable time and resources.” – Niel Davis, Michigan eBikes
The Future of Talent Acquisition
Allied BizTech’s AI Talent Matchmaking product Lucida offers a compelling proposition for businesses seeking a reliable and innovative solution to their talent acquisition needs. With over 15 years of experience in technology and HR solutions, as a Google Partner company – Allied BizTech brings deep industry expertise and a proven track record.
Lucida, powered by Google Cloud’s robust infrastructure, leverages cutting-edge AI for secure and accurate talent matching. The platform’s rigorous vetting process, including coding tests, AI screenings, and manual assessments, ensures that candidates presented possess the essential skills and compatibility for your organization.
Lucida by Allied BizTech is powered by Google AI Cloud, gives businesses the best of both worlds:
Cost Savings & Quality Assurance: Lucida offers access to a pre-vetted pool of Indian talent at competitive rates. Thorough vetting, including coding tests, AI screenings, and manual assessments, ensures that companies find the right fit, streamlining the process and providing significant savings compared to traditional hiring methods.
Talent Vetting for Confidence: Lucida prioritizes high-quality candidates. Its process combines AI screenings, coding tests, and manual vetting to ensure that only individuals with the right skills, experience, and cultural compatibility are presented to businesses. This approach removes guesswork and gives companies peace of mind in their hiring decisions.
Why hire Indian Talent without compliance worries?
Expand your talent search globally with India’s diverse and highly-skilled workforce. Allied BizTech streamlines the process and handles compliance complexities of hiring exceptional Indian talent, allowing you to focus on what matters most – building your dream team.
- Cost Savings: Hiring Indian developers can save businesses up to 75% on salary costs compared to hiring domestically in the US or UK. [Source: Payscale]
- Talent Pool Size: India produces roughly 1.5 million engineering graduates annually, making it one of the world’s largest sources of technical talent. [Source: India Brand Equity Foundation (IBEF)]
- English Proficiency: India ranks within the top 20 globally on the EF English Proficiency Index, with a steadily improving score, indicating a high level of English fluency among its workforce. [Source: EF Education First]
- Tech Expertise: India is home to over 5,000 tech startups and a leading global hub for software development, IT services, and business process outsourcing. [Source: NASSCOM, Invest India]
- Innovation: Several major multinational companies, including Google, Microsoft, and Amazon, have significant R&D centers in India, underscoring the country’s capability for innovation.
About Allied BizTech
Founded in Chennai in 2009, Allied BizTech Solutions Pvt. Ltd. is an ISO 9001:2015 certified Boutique IT services company. It serves businesses across the globe, including small and medium-sized enterprises, Fortune 5000, and Innovation teams at large corporations in the US, UK, Australia, and UAE.
Allied BizTech’s ‘Business First, Tech Solutions’ mission keeps them agile, evolving with the needs of businesses to increase speed of doing business.
Their expertise includes:
AI-Powered Global Talent Matching: Lucida, an AI matchmaking platform, connects businesses with top-tier, pre-vetted professionals from India.
Lead-Generating Website Design & Development: Experts craft websites designed to attract and convert ideal customers.
Digital Workforce Transformation: Customized digital solutions streamline operations and boost productivity for businesses.
Field Force Automation: Solutions optimize efficiency and performance of field teams, delivering tangible gains.
Employee Intranet: Intranet solutions promote collaboration, compliance, and communication within organizations.
Customer Retention Apps: Engaging mobile experiences are designed to foster customer loyalty.
Real-time Business Dashboards: Businesses gain centralized insights and make data-driven decisions with real-time dashboards.
Ready to Transform Your Talent Acquisition?
Contact Allied BizTech to discover the power of AI-driven recruitment and seamless HR support for compliances in India. Cut costs, save time, and find the exceptional talent that will drive your business forward.
Schedule a Consultation: https://alliedbiz.tech/
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