Cykel AI PLC (London Stock Exchange: CYK) recently announced that its artificial intelligence digital assistant Lucy has officially launched, aiming to revolutionize the recruitment industry. With the increasing pursuit of efficiency in the human resources and recruitment markets, Lucy's launch came into being. Ewan Collinge, CEO and Founder of Cykel AI, said Lucy will help recruiting businesses gain a significant competitive advantage in a competitive talent market.
Lucy is a highly automated AI recruitment assistant that can efficiently handle work from candidate screening to interview arrangements. The advantage is that Lucy can continuously select high-quality candidates from more than 210 million personal profiles, helping companies save 95% of their labor time in the recruitment process. In addition, Lucy has multilingual skills and is able to send personalized information to communicate effectively with potential candidates.
Technology changes are particularly important in the global $750 billion recruitment market. Although the application of AI technology has long been common in other fields, the recruitment industry has not yet experienced major technological breakthroughs. By launching Lucy, Cykel AI has set a new benchmark for the industry and solved the troubles caused by multiple complex links in the traditional recruitment process. According to Collinge, Lucy is not only a technological innovation, but also a major breakthrough in intelligent workflow automation.
It is worth noting that the current global AI market valuation is approximately US$184 billion, and is expected to reach US$862 billion by 2030. The dedicated AI assistant market will grow rapidly at a compound annual growth rate of 44.85%, with huge future potential. Cykel AI’s other digital assistants such as Eve (sales) and Samson (research and analysis) are also continually expanding their business scope, further strengthening its leadership in AI workflow automation.
As a company dedicated to building independent digital workers, Cykel AI’s mission is to enable businesses to efficiently complete complex business tasks without human intervention. With the launch of Lucy, Cykel AI has undoubtedly launched a "intelligent revolution" in the recruitment industry.