STOCK TITAN

Veritone Introduces AI-Powered Programmatic Job Advertising in Australia

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
AI

Veritone (NASDAQ: VERI) has launched its AI-powered programmatic job advertising service in Australia. The solution optimizes recruitment by automating job ad placements across over 2,000 job boards in 180+ countries, integrating with 120+ application tracking systems. The service includes automated diversity job posting aligned with OFCCP standards. Aveo Group, an early adopter, reports significant improvements in application volume and quality, along with optimized recruitment costs through the implementation of Veritone's AI-driven solution.

Veritone (NASDAQ: VERI) ha lanciato il suo servizio di pubblicità per lavoro programmatica basata su AI in Australia. La soluzione ottimizza il reclutamento automatizzando la pubblicazione di annunci di lavoro su oltre 2.000 bacheche di lavoro in più di 180 paesi, integrandosi con oltre 120 sistemi di tracciamento delle candidature. Il servizio include la pubblicazione automatizzata di offerte di lavoro per la diversità conforme agli standard OFCCP. Aveo Group, un primo utilizzatore, riporta significativi miglioramenti nel volume e nella qualità delle candidature, insieme a costi di reclutamento ottimizzati grazie all'implementazione della soluzione basata su AI di Veritone.

Veritone (NASDAQ: VERI) ha lanzado su servicio de publicidad de empleo programática impulsado por IA en Australia. La solución optimiza el reclutamiento al automatizar la colocación de anuncios de empleo en más de 2,000 bolsas de trabajo en más de 180 países, integrándose con más de 120 sistemas de seguimiento de candidaturas. El servicio incluye la publicación automatizada de ofertas de trabajo para la diversidad alineadas con los estándares OFCCP. Aveo Group, un primer adoptante, informa mejoras significativas en el volumen y calidad de las solicitudes, junto con la optimización de los costos de reclutamiento gracias a la implementación de la solución impulsada por IA de Veritone.

Veritone (NASDAQ: VERI)는 호주에서 AI 기반의 프로그래매틱 채용 광고 서비스를 출시했습니다. 이 솔루션은 180개국 이상에서 2,000개 이상의 구인 게시판에 걸쳐 구인 광고 배치를 자동화하여 채용을 최적화하고, 120개 이상의 지원 추적 시스템과 통합됩니다. 이 서비스에는 OFCCP 표준에 맞춘 자동화된 다양성 채용 공고가 포함됩니다. Aveo Group은 초기 도입자로서 Veritone의 AI 기반 솔루션을 구현하여 지원자 수와 질에서 큰 개선을 보고하고 있으며, 채용 비용도 최적화되었다고 전했습니다.

Veritone (NASDAQ: VERI) a lancé son service de publicité pour l'emploi programmatique alimenté par l'IA en Australie. La solution optimise le recrutement en automatisant le placement d'annonces d'emploi sur plus de 2 000 sites d'emploi dans plus de 180 pays, en s'intégrant à plus de 120 systèmes de suivi des candidatures. Le service comprend la publication automatisée d'offres d'emploi diversifiées conformément aux normes OFCCP. Aveo Group, un des premiers utilisateurs, rapporte des améliorations significatives du volume et de la qualité des candidatures, ainsi que des coûts de recrutement optimisés grâce à l'implémentation de la solution alimentée par l'IA de Veritone.

Veritone (NASDAQ: VERI) hat seinen KI-gestützten programmatischen Stellenanzeigen-Service in Australien gestartet. Die Lösung optimiert die Rekrutierung, indem sie die Platzierung von Stellenanzeigen auf über 2.000 Jobbörsen in mehr als 180 Ländern automatisiert und sich mit über 120 Bewerbermanagementsystemen integriert. Der Service umfasst automatisierte Stellenanzeigen für Diversität, die den OFCCP-Standards entsprechen. Aveo Group, ein früher Anwender, berichtet von signifikanten Verbesserungen in der Bewerberzahl und -qualität sowie von optimierten Rekrutierungskosten durch die Implementierung von Veritones KI-gesteuerten Lösung.

Positive
  • Expansion into Australian market with new programmatic job advertising service
  • Wide reach across 2,000+ job boards in 180+ countries
  • Integration capabilities with 120+ application tracking systems
  • Early customer success reported with improved application quality and volume
Negative
  • None.

Insights

This product launch in Australia represents an incremental expansion but likely won't materially impact Veritone's financial performance in the near term. While the programmatic job advertising market shows promise, with over 2,000 job boards and 180 countries in their network, Veritone faces significant competition in the recruitment technology space. The Australian market, while substantial, is relatively small compared to global opportunities.

The testimonial from Aveo Group provides some validation, but without specific performance metrics or revenue projections, it's difficult to gauge the potential financial impact. For a company with a market cap of $132M, this geographical expansion alone is unlikely to drive significant shareholder value in the short term, though it could contribute to long-term growth strategy.

AI solutions help to optimize recruiting, reduce costs and improve efficiency in hiring talent

DENVER--(BUSINESS WIRE)-- Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced the launch of its innovative programmatic job advertising service in Australia. The offering aims to revolutionize the recruitment landscape by optimizing candidate sourcing through artificial intelligence, automating job ad placements, reducing costs and improving the quality of applications.

Leveraging automation and real-time data-driven insights, Veritone’s performance-based job advertising helps employers distribute job ads across more than 2,000 job boards in more than 180 countries, with seamless integration with over 120 application tracking systems. Veritone’s programmatic job advertising service also provides automated diversity job posting to enhance reach and exposure, designed to support alignment with Office of Federal Contract Compliance Programs (OFCCP) standards.

"At Aveo, we pride ourselves on being a forward-thinking leader in the retirement living sector, and this extends to how we approach our recruitment efforts. By adopting Veritone's programmatic, performance-based advertising, we’ve been able to transform the way we hire, boost efficiency, optimize our recruitment costs and stay competitive in the ongoing competition for top talent," said Kirsten Covey, Group Manager, Talent Acquisition, Aveo Group. “Since working with Veritone, we’ve seen immediate and significant results, including a notable increase in both the volume and quality of applications, which is a testament to the precision and efficiency of Veritone’s AI expertise. We’re excited to continue evolving this partnership and look forward to seeing how their AI continues to optimize our recruitment strategy.”

"The launch of programmatic job advertising in Australia is a major milestone for Veritone in expanding the global footprint of our talent acquisition solutions," said Alex Fourlis, general manager, Veritone Hire, Veritone. “Our AI-powered solution gives companies the tools they need to recruit smarter, faster, and more effectively."

To learn more about Veritone’s talent acquisition solutions, visit: https://www.veritone.com/solutions/hire/

About Veritone

Veritone (NASDAQ: VERI) builds human-centered enterprise AI solutions. Serving customers in the media, entertainment, public sector and talent acquisition industries, Veritone’s software and services empower individuals at the world’s largest and most recognizable brands to run more efficiently, accelerate decision making and increase profitability. Veritone’s leading enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models, transforming data sources into actionable intelligence. By blending human expertise with AI technology, Veritone advances human potential to help organizations solve problems and achieve more than ever before, enhancing lives everywhere. To learn more, visit Veritone.com.

Safe Harbor Statement

This news release contains forward-looking statements. Without limiting the generality of the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks with respect to various matters which are difficult or impossible to predict accurately and many of which are beyond the control of Veritone. Certain of such judgments and risks are discussed in Veritone’s SEC filings. Although Veritone believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by Veritone or any other person that their objectives or plans will be achieved. Veritone undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Media Contact:

Valerie Christopherson or Lora Metzner

Global Results Comms (GRC)

+1 949 608 0276

Veritone@globalresultspr.com

Sarah Rich

Veritone

srich@veritone.com

Source: Veritone, Inc.

FAQ

What new service did Veritone (VERI) launch in Australia?

Veritone launched its AI-powered programmatic job advertising service in Australia, aimed at optimizing recruitment through automated job ad placements and real-time data-driven insights.

How many job boards does Veritone's (VERI) new advertising service cover?

Veritone's programmatic job advertising service covers more than 2,000 job boards across more than 180 countries.

What benefits has Aveo Group reported from using Veritone's (VERI) job advertising service?

Aveo Group reported increased efficiency, optimized recruitment costs, and a notable increase in both the volume and quality of job applications.

How many application tracking systems does Veritone's (VERI) job advertising service integrate with?

Veritone's service integrates with over 120 application tracking systems.

Veritone, Inc.

NASDAQ:VERI

VERI Rankings

VERI Latest News

VERI Stock Data

122.12M
38.08M
13.84%
31.19%
13.71%
Software - Infrastructure
Services-computer Processing & Data Preparation
Link
United States of America
DENVER