Dubai: BLOOVO, the leading recruitment technology company specialising in the provision of AI-powered talent acquisition solutions has expanded to Egypt and the US markets with its wide portfolio of solutions and products for its AI-powered applicant tracking system “HYRDD” and also its Virtual Hackathon Platform “BKATHON”. The move comes as part of BLOOVO’s continued efforts to go global and achieve its vision of revolutionising the talent acquisition industry with the use of Artificial Intelligence and Machine Learning with unique value proposition.

Dr. Ahmad Khamis, co-founder and CEO, BLOOVO, said: “Egypt and the US are new markets that are part of our growth strategy, as we enter a new growth phase in our journey. The talent acquisition market has matured significantly with many organisations across the world realising its true potential and how it is helping transform employer-employee experience. We believe that Egypt is a steppingstone towards having a full-fledged presence in North Africa and we expect robust adoption of our solutions early on. Expanding into the US is also a great milestone for us, as we will be able to be at the forefront of revolutionising the talent industry with the power of artificial intelligence.”

According to a recent survey by Reuters, Egypt's economy is expected to grow 5.0% in the fiscal year that ends in June 2022, while a survey by the National Association of Business Economists predicted strong growth for companies in the US for the rest of the year and into the spring of 2022. Based on these forecasts, the need for businesses to hire talent to fuel their business growth seems imminent. BLOOVO offers AI-powered hiring solutions at a time when technology is permeating every area of life and work and businesses are reconsidering how they find, hire, and retain the right talent.

Dr. Khamis added: “There is a big potential for BLOOVO to help companies in the new markets we are entering to achieve transformative operations in their HR functions that will lead to more efficiencies. We are excited for the future and look forward to entering more markets that have potential for our integrated solutions.”

Founded in 2015, BLOOVO rapidly grew in the MENA region leveraging Artificial Intelligence and Machine Learning in its talent acquisition technology solutions. To date, BLOOVO’s solutions have been utilised by more than 3,500 organisations from the GCC including official government authorities in KSA and the UAE.

-Ends- 

About BLOOVO:

BLOOVO is an innovative technology company that specializes in the provision of AI-powered talent acquisition solutions aimed at accelerating and streamlining the talent management processes for the public and private sector companies. Through deploying artificial intelligence (AI) and machine learning (ML) algorithms, BLOOVO’s solutions eliminate bias in recruitment and improve candidate selection, reducing time and cost for employers. By using a client-centric approach, BLOOVO places the needs and objectives of organizations at the core of its business, working with them closely to achieve their organizational objectives.

BLOOVO was founded in Dubai Internet City in 2015 and has offices across various locations including Abu Dhabi, Riyadh, Jeddah, Dammam, and Kuwait. To date the company serves over 3,500 organizations from the GCC including government authorities in KSA and the UAE.

For media inquiries:
Sanghamitra Sajil
PR Account Manager
smitra@quillmena.com 
www.quillmena.com 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.