Monster Talks Up its New Search Technology
Popular jobs site Monster.com has introduced a new semantic search technology called 6Sense, which it says delivers "precision matches" for job seekers and employers. The technology powers Monster’s Power Resume Search, Candidate Spotlight and Seeker Job Search.
The technology was developed through Monster’s acquisition of Trovix back in 2008. Monster says it utilizes intuitive, concept-based searching, with a "human-like understanding" of the recruiting process and hiring needs. It understands job titles, skills, experience level, industries, education, and the hierarchy of concepts. According to Monster, this helps it evaluate a candidate’s work experience like a recruiter would in just a fraction of the time.
"While traditional keyword search engines are limited in their ability to distinguish concepts and meanings of words and cannot address things like recent vs. dated experience, the intelligence of the 6Sense technology contextually interprets the meaning behind words and concepts rather than relying on the narrow, literal meaning of keywords," Monster says.
"The 6Sense semantic search technology is an extension of our investment in many technology innovations we’ve delivered over the past two years," said Darko Dejanovic, executive vice president, Global CIO and head of product for Monster. "We’ve continued to invest significantly in technology, product and infrastructure to completely revamp the talent and job search experience. This investment has consistently delivered significant improvements and value to our customers, saving them time and money by simplifying the process of identifying and evaluating qualified candidates, thus allowing more informed hiring decisions."
Monster’s new search technology comes at a time when a massive amount of people in the U.S. are desperate to find jobs. Monster.com gets over 40 million unique monthly visitors in the U.S. according to data from Compete.
"Hiring is fundamental to the economic recovery. Technology can play a significant role in helping businesses mitigate the burdensome costs and resources associated with bringing on the people they need," said Monster Chairman, President and CEO Sal Iannuzzi. "I hear from our customers that their businesses have jobs that they desperately need to fill and yet don’t have the resources to make that a reality. 6Sense technology changes all of this, facilitating the hiring process so that better matches are made more efficiently thereby getting people back to work more quickly."
The technology is there for employers and job seekers alike. Monster claims it provides more relevant results because seekers don’t have to type exact terms in the job title to match.
Monster says that in addition to its advances in search, it is also continuing to invest in advanced technologies such as semantic clustering algorithms and machine learning in "domain appropriate" ways.