Thursday, April 3, 2008

Matchdragon launches another magic index: mRank

About:
Matchdragon,its auto-match, the “magic number” identifying how well each job seeker matches a certain job offer, calculated by artificial intelligence algorithms. Today, Matchdragon launches another magic index: mRank.

According to Stefano N. Roncari (CEO of Eggsist Ltd – http://www.eggsist.com), being the first job platform in the world to provide intelligent suggestions on “ideal jobs/candidates” rather than letting users perform a manual search, Matchdragon owes its success to the fact that it saves over 80% of the time that employers and job seekers normally spend looking for the right staff or job in China. The launch of mRank has the same purpose: providing employers with another important index meant to save their time by considering only the *good* resumes.

As Stefano N. Roncari explains, “since a rather vague job description would result in a big number of matching resumes, mRank comes to the aid of our auto-match rate. Combined together, the two indexes basically tell how good every resume’ is - not only in terms of *relative match*, but also in terms of *absolute relevancy*. mRank is calculated by our intelligent engine based on meaning analysis, and provides a significant help in discriminating among a list of resumes that are similarly matching a certain job description”.

Although the precise mRank algorithms are secret, the general criteria on which the index is based have been disclosed on the website (http://www.matchdragon.com/china-jobs/job-match-software.php). They include resumes’ accuracy and relevancy, resumes’ update history, and user behavior (in order to discourage spam).

More at:
Stefano Roncari
+86 13651064740
s.roncari@eggsist.com
www.eggsist.com

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