NCORE, THE HR TECH PLATFORM FOR SELECTIONS AND VIDEO INTERVIEWS, ENTERS THE TEAM OF THE INCUBATOR DIGITAL MAGICS
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The innovative startup launched nCore HR as their first product: the only all-in-one software that combines Artificial Intelligence (AI), Machine Learning, Data Intelligence and Video and manages the entire recruitment process for recruiters and candidates nCore, with its technology and numerous patents, aims to innovate the traditional methods of research and evaluation of human resources, thus creating a real ‘digital transformation’ of human capital
Milan, April 12 2018 – nCore (www.ncorehr.com), HR Tech startup that has developed a proprietary technology platform to manage the entire process of collecting and analysing a candidate’s information through forms, questionnaires, pre-recorded and live video interviews, joins the team of Digital Magics, the most important incubator of “Made in Italy” digital startups active throughout Italy.
The first product of the innovative startup is nCore HR, the only all-in-one software that combines Artificial Intelligence (AI), Machine Learning, Data Intelligence and Video, supporting recruiters and candidates in their respective search: from the creation of the announcement to the answer, from recording a video to the evaluation, up to when an appointment is made and a live video interview starts.
Thanks to nCore HR, employment offices can structure the text of the application, by scheduling the publication, choosing which datasets must be filled in and which closed questions (automatically determining the choice, order and exclusion of the curricula) and having the possibility to decide what to ask during a video recording and the time available to answer.
Another highly innovative element is the use of analysis tools to transform the information collected – such as sentiment, key words, tone of voice of every single answer – into objective, cognitive and quantifiable data. NCore HR traces unusual information such as turnover, number of employees, trend and sector of the last company for which the candidate worked for and, through geolocation, the distance from the place of work and journey times.
The aim of nCore HR is to help HR, headhunters, search and selection companies to automate non-core operations, which typically occupy 60% of the time spent in human resources, by offering an exhaustive and complete overview of the candidate.
Digital Magics supports the founders of the startup HR Tech, Enrico Ariotti (CEO) and Aldo Toja (CTO), with high-profile incubation services aimed towards the strategic and commercial development.
Enrico Ariotti, Co-Founder and CEO of nCore, said: “nCore HR is a useful tool for everyone, candidates and human resources. The former have the possibility of being more persuasive than a curriculum vitae; while the recruiters take advantage of an organised platform that helps them to save critical time. The features of nCore HR are really many, to the point of making the presentation of this product to the customers a real technological show. Our goal is to innovate, thanks to our technology, the traditional methods of HR selection and evaluation processes, thus creating a ‘digital transformation’ of human capitalâ€.
Gabriele Ronchini, Founder and CEO of Digital Magics, declares: “It is estimated that the market for human resources and recruitment is worth around EUR 430 billion and 10 billion in Italy alone. After investing in the startup Eggup, a soft skills platform designed to create or reorganize work teams, with Digital Magics we continue to believe in the potential of HR Tech and welcome nCore in our portfolio. In addition to the extraordinary technology developed, Enrico and Aldo convinced us, since they have created a tool that allows the centre, precisely the ‘core’, of people to emerge and be evaluated: what they have inside and what they think, going beyond the initial evaluation of a simple curriculum and a scoreâ€.
This press release is online in the section Investors/Press Releases at www.digitalmagics.com
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nCore is the innovative startup that has developed a technology capable of managing the entire process of collecting and analysing information through forms, questionnaires, pre-recorded video interviews and live interviews. The first product launched is nCore HR: an evolved video ATS (Applicant Tracking System), the only one capable to manage a complete process that goes from the visibility of a job position, up to the remote interview managed by the proprietary communication systems. The other highly innovative element is present in the analysis of incoming data: nCore makes use of technologies such as Artificial Intelligence (AI) and Machine Learning systems, in order to offer recruiters cognitive information in relation to the data collected.
Digital Magics, listed on AIM Italia (symbol: DM), is a business incubator of digital projects that provides consulting services and acceleration services to startups and enterprises, to facilitate the development of new technological businesses. Thanks to the partnership with Talent Garden and Tamburi Investment Partners, Digital Magics has created the most important national platform for innovation for DIGITAL MADE IN ITALY, by providing support to innovative startups to create successful projects, from conception to IPO, while offering services for the digital transformation and “Open Innovation†to excellent enterprises. The incubation and acceleration services offered by Digital Magics are active in the TAG co-working campuses present throughout Italy. Complementary services include investment activities, which have produced over the years a portfolio of 70 investments in startups, scaleups and digital spinoffs with high growth rates. Accelerated companies are flanked by Digital Magics’ team, a partner of enormous business and digital experience, and benefit not only from the large network of private and institutional investors that support them through “club deals”, but also from the many partner companies that support them on an industrial scale.
Bank Akros S.p.A. acts as a Nomad and Specialist under the AIM Italia Issuers Regulations. For the transmission and storage of regulated information, Digital Magics makes use of the system of dissemination eMarket SDIR and the storage mechanism eMarket STORAGE available at the address  www.emarketstorage.com managed by Spafid Connect SpA.
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For further information:
Digital Magics – Press Office
Giorgio Bocchieri – Mail: giorgio.bocchieri@digitalmagics.com
Tel. 02 52505202 – Mob. 334 6853078
IR Top – Investor Relations
Floriana Vitale – Mail: f.vitale@irtop.com
Tel. 02 45473884
Bank Akros – Nomad
Mail: ecm@bancaakros.it
Tel. 02 434441
