Siemens Healthineers, Endeavor, and Several Recruiting Agencies Agreed to Become Beta Users of bowmo 2.0
NEW YORK, NY / ACCESSWIRE / March 23, 2023 / bowmo™, Inc. (OTC:BOMO), a New York City-based HR-Tech company ("bowmo," "the Company"), today announced that Siemens Healthineers (www.siemens-healthineers.com), Endeavor (www.endeavorco.com), as well as …
NEW YORK, NY / ACCESSWIRE / March 23, 2023 / bowmo™, Inc. (OTC:BOMO), a New York City-based HR-Tech company ("bowmo," "the Company"), today announced that Siemens Healthineers (www.siemens-healthineers.com), Endeavor (www.endeavorco.com), as well as other enterprises, have agreed to become Beta Users of BOWMO 2.0.
Between 2015 and 2022, BOWMO's team has developed an innovative Matching Algorithm for BOWMO 1.0 HR-Tech Platform ("Platform") driven by artificial intelligence (AI) that has proven to be highly effective in matching qualified candidates with job opportunities. BOWMO's algorithm uses advanced Machine Learning (as a part of broader Deep Learning) techniques to analyze résumés, job descriptions, and other relevant data to identify the most suitable candidates for a given job. This technology has the potential to revolutionize the recruitment process and provide a significant competitive advantage in the industry.
The global pandemic has inevitably reshaped the hiring process. Companies are increasing their budgets and spending on HR Technology and Digital Transformation, shifting toward virtual hiring solutions as a necessity to mitigate risks. BOWMO's ultimate goal is to become a dominant player to help accelerate the adoption of HR-Tech in order to stay ahead of the competition.
In July 2022, the Company launched the development of BOWMO 2.0, aimed to eventually automate the end-to-end hiring processes with its AI-based matching and intuitive workflow engine while providing just-in-time content, resources, and tools, such as video interviewing, so that hiring organizations can vet their candidates (bowmo: Software as a Service [SaaS]).
The BOWMO 2.0 Product Roadmap has been designed by Michael R. Neece, BOWMO's Chief Product Officer. The Company hired its software development team in Switzerland, led by Damian Hischier, considered one of the best AI architects in the EU, who has designed various successful matching algorithms for the aviation and medical industries, where lives depend on the accuracy of Damian's AI systems. BOWMO completed close to 60% of new additional features by the end of February 2023, bringing the BOWMO 2.0 platform to the next level.
Soon to be moving into a Beta Testing Phase of the BOWMO 2.0 product development, the Company is looking to Beta Test BOWMO's new and improved platform as the final round of testing before releasing the product to target customers. The objective of the Beta Test is to uncover as many bugs or usability issues as possible in this controlled setting.
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