MOUNTAIN VIEW, Calif., May 02, 2019 (GLOBE NEWSWIRE) -- The 16th Annual MIT Sloan CIO Symposium just announced AllyO, the technology company renowned for its end-to-end AI recruiting solution, as one of the ten finalists for the 2019 Innovation Showcase. As a cutting edge solution that provides both strong value and innovation to the enterprise IT space, AllyO will receive key exposure to many of the world’s most creative and influential IT executives at the Symposium on May 22, 2019.

AllyO co-founder Sahil Sahni shared, “For a rapidly growing startup like AllyO, recognition from MIT Sloan presents a huge opportunity for us. Committed to making recruiting efficient and delightful for everyone: job candidates, hiring managers and recruiters – AllyO improves hiring outcomes across organizations, directly impacting the work of IT and CIOs. We’re excited to bring our solution to the Innovation Showcase.”

Powered by AI and driven by delight, AllyO uses decision science, natural language processing and conversation psychology to establish a more effective recruiting workflow, while machine learning helps to continuously self-improve and hire the best candidates. AllyO streamlines the end-to-end recruiting process, with features and functions including talent pool engagement, capture and apply, screen and assess, scheduled new hire check-ins and employee referrals. The result improves candidate and recruiter experiences, increasing efficiencies and streamlining talent acquisition from start to finish.

“It is a tremendous honor to award these ten companies for our 2019 Innovation Showcase,” said Anton Teodorescu, co-chair of the Innovation Showcase. “We consider these insightful technologies to represent the strongest innovation to help lead a smarter enterprise.”

After careful consideration, the Innovation Showcase Judges evaluated and selected AllyO for this honor based on four important criteria:

  • Have an enterprise IT solution product available in the market;
  • Are a start-up with less than $10 million in 2018 annual revenues;
  • Are selling enterprise IT solutions to CIOs or corporate IT departments; and
  • Show innovation and/or strategic value and potential impact on the top and/or bottom lines.

For a list of Innovation Showcase finalists visit http://www.mitcio.com/innovation.
The Innovation Showcase will take place at 5:30 p.m. in the Kresge Courtyard Tent on Wednesday, May 22, 2019, at MIT in Cambridge, Mass. The full agenda for the MIT Sloan CIO Symposium is available at www.mitcio.com/agenda.

About AllyO
AllyO is an AI technology company with a simple mission – make recruiting delightful and efficient for everyone. It addresses the traditional inefficiencies of lost applicants and conversions due to poor candidate experience, the high cost of recruiting due to overburdening of administrative tasks on hiring teams and lack of visibility and control for HR leadership. It utilizes deeply conversational AI to fully automate an end-to-end recruiting workflow by intelligently engaging via texting over mobile and web. It is used by Fortune 500 enterprises that have experienced a 2-6X increase in applicant capture and conversion rate, 91 percent application completion rate and over 50 percent reduction in cost and time to hire.

AllyO is backed by leading investors such as Gradient Ventures (Google’s AI fund), Randstad Innovation Fund, Bain Capital Ventures and Cervin Ventures. AllyO is headquartered in Mountain View, California. For additional information, please visit us at allyo.comLinkedIn or Twitter.

About the MIT Sloan CIO Symposium
The MIT Sloan CIO Symposium is the premier global conference for CIOs and digital business executives to become more effective leaders. In one day, CIOs and senior IT executives explore enterprise technology innovations, business practices and receive actionable information that enables them to meet the challenges of today and the future. The Symposium offers a unique learning environment by bringing together the academic thought leadership of MIT with the in-the-trenches experience of leading, global CIOs and industry experts. The MIT Sloan CIO Symposium is organized and developed by the MIT Sloan Boston Alumni Association, the MIT Initiative on the Digital Economy (IDE), and the MIT Sloan Center for Information Systems Research (CISR). For more information and to register for this year’s Symposium, visit www.mitcio.com.