AMS Verified gains popularity and launches AI Index
13 February, 2024 – AMS Verified, the AMS owned talent technology marketplace with a mission to simplify the rapidly changing technology market for talent leaders, has announced significant growth with the addition of several new enhancements – including a new AI Index feature. Created in partnership with Holistic AI, this scale provides a consistent and objective measure to convey the extent of a product’s use of machine learning.
The AI Index utilizes a questionnaire that aims to answer nine questions to determine how the rules-based and deep-learning mechanisms are used, their interconnections, and their impact on recommendations or decisions within the tool. The responses are then thoroughly reviewed by Holistic AI and AMS to ensure accuracy and objectivity.
The AI Index also lists third-party certifications that vendors have acquired, such as compliance with the New York City anti-bias law, for example.
The scale's five levels are minimal, simple, moderate, significant, and extensive AI.
The AMS Verified platform, which currently has 220 verified vendor technologies and a membership community in excess of 1,500, enjoyed a 52.8% uptick in activity across the platform in the last business quarter of 2023. In addition, further insight has uncovered that 56% of members are from large enterprise-level businesses and 45% of members are from legal, professional services, financial and technology businesses. Some other aspects that gained traction were ChatGPT: Coming to a Candidate Assessment Test Near You and technology categories focused on social sourcing and CRM.
Jonathan Kestenbaum, Managing Director, Technology Strategy and Partners commented: “We are thrilled to observe the significant influence AMS Verified has had on the talent technology market in less than a year since its launch. Our core mission was always to demystify the complex and ever-evolving technology landscape for talent leaders. Our goal is to ensure that they not only understand the best market offerings but also make well-informed, confident decisions tailored to the unique needs of their organizations. As our community of members and vendors expands, we’re able to glean crucial insights, allowing us to deliver precisely the content our audience desire, as indicated by search trends and the popularity of existing content. Looking ahead to 2024, our vision for AMS Verified remains ambitious: to provide deeper insights, enhance member experiences, and foster more opportunities for peer-to-peer connections.”
Hope O Baker, Global Head of Partnerships at AMS Verified vendor, Bryq and went on to add: “Joining the AMS Verified vendor community has been a fantastic experience for Bryq. Our visibility has increased, bolstered by dedicated co-marketing efforts and an exceptionally supportive team. Collaborating with the AMS brand reporter has been a critical element, aiding us in creating content that not only demonstrates our knowledge about candidate assessments and soft skills but also significantly drives traffic to our product profile. The AI Index stands out as a unique feature, providing us with a powerful tool to engage clients and prospects in discussions about the integration of AI in our products. We are looking forward to developing our relationship with AMS Verified over the course of this year and beyond.”
Commenting on her experience using AMS Verified, Amy Cropper, Global Talent Acquisition Leader said: “As a busy talent professional, AMS Verified has proven to be a valuable resource in gripping the talent technology market. It offers the unique advantage of understanding which solutions are most effective in addressing specific business challenges, supported by comprehensive data on peer usage. Insight such as this has proved transformative, enabling me to confidently recommend specific talent technologies in strategic discussions, backed by extensive data and AMS’s market expertise. This tool empowers my decision-making process with both depth and breadth of knowledge.”