I&T Solution

Reference No.

S-0441

Solution Name

Neufast EVSBI

Solution Description

The Company offers the Services which is a Subscription-as-a-Service (“SaaS”) to the cloud-based, multi-lingual enterprise Artificial Intelligent (“AI”) video interview platform (“Neufast SaaS platform”) which facilitates talent assessment in human resource management and talent management with structured behavioral interviews, including proprietary or licensed assessments, to measure skills and competencies across a wide variety of job roles and predict success in the workplace. With a team of Industrial and Organizational psychologists and data scientists, the Company is supporting companies to digitize their recruitment process to reduce the time to hire. Neufast SaaS platform supports recruiters on selecting candidates for building high-performing organization. The Company has become a trusted and renowned leader in the AI video interview recruitment field in APAC, including Greater China.

Application Areas

Development
Education
Employment and Labour

Technologies Used

Artificial Intelligence (AI)
Cloud Computing
Data Analytics
Deep Learning
Mobile Technologies
Natural Language Processing
Predictive Analytics
Video Analytics

Use Case

1) A Fortune 500 F&B has signed for a two-year subscription for Neufast SaaS platform for their flagship Management Trainee programme - hundreds of video interviews were conducted remotely, saving millions in recruitment costs.
2) The charity trust of a non-profit organisation providing horse racing, sporting and betting entertainment subscribed for Neufast SaaS platform to support a recruitment programme. Thousands of video interviews were conducted in the six months from December 2020 to May 2021, with hundreds of employers in Hong Kong offering hundreds of jobs. 
3) A public corporation set up by the Hong Kong Government to foster the development of innovation and technology in Hong Kong subscribed for Neufast SaaS platform for future technology leaders with hundreds of candidates were video-interviewed in a week. 
4) A global leader in apparel manufacturing with five decades of dedicated services with diversified products listed on HKEx manages their remote video recruitment for their Associate Management Trainee Program using Neufast SaaS platform. They employ more than 48,000 employees and more than 400 job seekers in Asia. 
5) A leading Ship Management company with strong relationships with oil majors/ traders subscribe to the Neufast SaaS platform solution for Remote Video Recruiting of Ship Captains to manage ships. 
6) One of Hong Kong's higher education institutions subscribed for "NeuCareers" in 2020/21 for career development of Associate Students.
7)  One vocational and professional education and training provider in Hong Kong incorporated the Neufast SaaS platform into their HRM Distance Degree Programme and their Advanced Diploma in Human Resource Management and Talent Analysis programme.
8) Work with leading recruitment and human resources consulting firms in Hong Kong, Singapore, Australia and India.
9) A leading Danish brewery has signed for a two-year subscription of Neufast SaaS platform for thousands of candidates in 6 markets across Asia.
10) Two of Hong Kong's higher education institution business schools subscribed for the Neufast SaaS platform for hundreds of undergraduate and MSc students studying Human Resource Management. Neufast is invited to provide guest lectures covering "AI in Recruitment" with use cases by leading academics in Human Resource Management.

Neufast pursues the growth and development of our clients, helping mid-sized to listed enterprises and recruitment companies achieve 200% recruitment ROI using debiased methods to achieve Diversity & Inclusion policy and comply with Equal Opportunity regulations. Neufast works to help clients withstand the changing market leading the Future of Work in the Digital Economy.

Company / Organisation Name

Neufast Limited

Email Address

agnes@neufast.com

Telephone Number

53715003

Website

https://www.neufast.com/

Address

Office 02, 3/F, Building 2W, No. 2 Science Park West Avenue, Hong Kong Science Park, Pak Shek Kok, N.T., Hong Kong SAR

If any government department would like to conduct PoC trial or technology testing on the I&T solution, please contact Smart LAB.