Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do.

There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Monday, 2 April 2018

Making Money from " Online Jobs Fair " [ Part A ]


PART   A

Date : Sat, Nov 5, 2016



Sub. :  Interview Session Video in OJF




Is it possible to allow / enable the concerned Interviewer  and the
concerned jobseekers , to download the video of their own interview
session , at the end ?


This facility will be very useful , at least to the candidate being
interviewed , for watching it later , again and again , to find out
where he goofed up / gave wrong answers / expressed poorly / wrong
body language / lack of listening - etiquette etc


Pl consider


Hcp



Sent from my iPad
 

















Date : Fri, Nov 4, 2016



Sub. :  LET US DAZZLE THEM !




VS,

Even as I await your phone call , here are two suggestions to " dazzle " the Recruiters and the Jobseekers , in OJF :

#   Simplifying Recruiter's Life

No recruiter / interviewer can just CLICK OPEN a resume and remember that he has interviewed this guy , 3 months / 6 months / 3 years back , AND marked him " Rejected " after filling up the " Candidate Assessment Form " - especially , if Recruiter is conducting interviews ( of , mostly FRESH GRADUATES ) , day in and day out

Of course, we have made a provision whereby , if a Recruiter has any doubt , he can call / look up , the past INTERVIEW HISTORY of that candidate , and see the past ASSESSMENT SHEET

But , why leave this to chance ?

Each Candidate has a PEN ( Permanent Executive Number ) , and each Recruiter Company has a PCN ( Permanent Corporate Number )

Once , a Company has interviewed a Candidate , these NUMBERS get linked , permanently

So , next time the SAME candidate applies to SAME company , we should have no problem to POP UP his past " Candidate Assessment Form " ALSO , when Recruiter CLCKS to Open / Read his resume !

No need to remember !  Recruiters will love this HELP !

#  Simplifying  Candidate's Life

We decided that we cannot allow a Jobseeker to " Peep In " any interview cabin and listen into the Questions by the Recruiter and the Answers by the Jobseeker . Such an intrusion of privacy will put off both the parties ! They will feel like being inside a FISH BOWL !

But ,




We are going to capture / store in our database , the entire Interview Session ( Video + Audio ) , of each and every interview

We are , even going to convert each audio / spoken , Question ( and Answer ? ) into Text , in order to create a DATA BANK of Interview Questions

I believe , it is possible ( I don't know how easy or difficult ) , to substitute in the Video :

>  Interviewer's face with my face ( I don't mind ! Makes me immortal ! )

>  Jobseeker's face with your face ( free Brand Building ! )

AND

make such Video available for online viewing , to Jobseekers ( who are willing to pay Rs 5 per Video ) for " Preparing for Interview " ( a kind of Training to get Interviewed )

Even the TEXT of those Questions and Answers , can be super-imposed on each frame !

Remember , enabling Interviewers and Jobseekers to get an " EXPERIENCE " of the kind that no other job portal offers , has to be our USP



hcp























Date : Thu, Nov 3, 2016




Sub. :  Requirements PPT for proposed recruitment system



VS,

I look forward to our telecom tomorrow

In the meantime , you may want to take a look at the following news re LinkedIn tie-up with HRD Ministry - resulting in 2 lakh students " registering " in 2 months !
You will recall that , in one of my earlier mails , I had suggested for OJF to tie up with,

>   914 Employment Exchanges
>   10,000 Colleges
and send them , DAILY ( email ) SUMMARY of LIVE JOBS BEING INTERVIEWED ONLINE , on OJF
Obviously , we are at the cusp of a DIGITAL REVOLUTION with launch of OJF !
hcp
----------------------------------------------------------------------------------------------
Also take a look at :
------------------------------------------------------------------------------------------------------------------


LinkedIn Sings MoU with HRD Ministry to Create More Jobs for Students
First published: November 3, 2016, 10:51 AM IST | Updated: 5 hours ago

Professional networking website LinkedIn has announced that it has signed a memorandum of understanding (MoU) with the Human Resources Development Ministry to create more job opportunities for students across the country.
As part of the agreement, LinkedIn's recently launched "Placements" product will be adopted by all Indian colleges affiliated with All India Council for Technical Education (AICTE).

Placements provides a level playing field for all students, regardless of their location or college and allows them to take an online assessment test, which gives them direct access to thousands of openings in 35 top corporates in the country.





"Our objective with Placements is to help India's best talent get access to job opportunities, regardless of their location. With this partnership, we are excited to see our vision quickly become a reality," said Akshay Kothari, Country Manager and Head of Product, LinkedIn India, in a statement.

Placements was piloted in November 2015 and then LinkedIn opened the product in September 2016 to students at all colleges and universities in India.

In less than eight weeks from the launch, over two lakh students registered for the product and there were over 1.2 million job applications.



























Date : Wed, Nov 2, 2016



Sub. :  OUR USP




VS / Kartavya,

Although somewhat crude / incomplete , following comparison might interest you

hcp

-------------------------------------------------------------------------------------------------------------------------------------

RECRUITMENT     PROCESS     COMPARISON

[  OnlineJobsFair      Vs      A  Typical   Job  Portal  ]

-------------------------------------------------------------------------------------------------------
Dear HR Manager  /  Interviewer :

Amongst many reasons for preferring this web site over other typical job portals , here is the most convincing ;

OnlineJobsFair is  FASTER  as well as  CHEAPER  !

Take a look at the following comparison


--------------------------------------------------------------------------------------------------------------------------------

PROCESS   :  Post  Job  Advts

     #   OnlineJobsFair       :    Online , in 5 minutes

     #   Typical Job Portal   :    Online , in 5 minutes


--------------------------------------------------------------------------------------------------------------------------------

PROCESS  :  Candidate Job Search &  Apply

     #   OnlineJobsFair       :    Online in 1 day / Fewer jobs / Jobs arranged Company wise

     #   Typical Job Portal   :    Online in 10 days /  Thousands of jobs / Days to find a suitable job


--------------------------------------------------------------------------------------------------------------------------------

PROCESS    :   Resume receiving / reading / short-listing

    #   OnlineJobsFair    :  Online in 0.5 day / All "applied" resumes stored in RESUME HOLDER, vacancy-wise

    #  Typical Job Portal : OFFLINE  in 10 days / Mailbox flooded with resumes for many different vacancies
                                    advertized . Difficult and time-consuming to " sort "


--------------------------------------------------------------------------------------------------------------------------------

PROCESS   :   Send Interview Intimations to short-listed candidates

   #   OnlineJobsFair  :  Online from web site in 0.5 days

   #   Typical Job Portal : OFFLINE ( email to each ) takes 5 days


--------------------------------------------------------------------------------------------------------------------------------

PROCESS  :  Actual Interviewing and Rating

   #  OnlineJobsFair  :  Online in 1 day

   #  Typical Job Portal : OFFLINE in 1 day


-------------------------------------------------------------------------------------------------------------------------------

PROCESS  :  Send out Job Offers

  #   OnlineJobsFair  :  Job Offers posted Online , automatically , instantly ( No time ! )

  #  Typical Job Portal  :  OFFLINE  through email , takes 3 days


--------------------------------------------------------------------------------------------------------------------------------

TOTAL  ELAPSED  TIME  FOR  ENTIRE  RECRUITMENT  CYCLE

#   OnlineJobsFair   >   3  days

#   Typical Job Portal  >  29  days


-------------------------------------------------------------------------------------------------------------------------------

TOTAL  COST

#   OnlineJobsFair   >   NIL

#   Typical Job Portal  >  Rs  50,000 - 100,000 , depending upon logistics / infrastructure / portal subscription !


--------------------------------------------------------------------------------------------------------------------------------   


























Date : Tue, Nov 1, 2016


Sub. :  NOW IN PUBLIC DOMAIN



VS / Kartavya,

Sometime back , my colleague Sanjivani , created a few pages of OnlineJobsFair ( including U / I ) , by typing out

But we gave up after a few pages , since it was a very time-consuming process

But whatever pages did get typed , I just uploaded at :


 http://hcpreports.blogspot.in/2016/10/generate-interview-calendar-page-on.html

 http://hcpreports.blogspot.in/2016/10/live-jobs-summary-page-on-online-jobs.html

 http://hcpreports.blogspot.in/2016/10/employer-registration-page-on-online.html

 http://hcpreports.blogspot.in/2016/10/post-job-page-on-online-jobs-fair.html

 http://hcpreports.blogspot.in/2016/10/employer-home-page-online-jobs-fair.html

 http://hcpreports.blogspot.in/2016/10/my-jobs-applied-history-page-on-online.html

 http://hcpreports.blogspot.in/2016/10/invite-friend-page-on-online-jobs-fair.html

 http://hcpreports.blogspot.in/2016/10/any-friends-online-page-on-online-jobs.html

 http://hcpreports.blogspot.in/2016/10/preparing-for-interview-page-on-online.html

 http://hcpreports.blogspot.in/2016/10/job-offers-received-page-on-online-jobs.html

 http://hcpreports.blogspot.in/2016/10/jobseeker-interview-console-page-on.html

 http://hcpreports.blogspot.in/2016/10/jobseeker-interview-calendar-page-on.html

 http://hcpreports.blogspot.in/2016/10/jobseeker-interview-schedule-page-on.html

 http://hcpreports.blogspot.in/2016/10/list-of-live-jobs-page-on-online-jobs.html

 http://hcpreports.blogspot.in/2016/10/jobseeker-home-page-online-jobs-fair.html

I hope these pages are easier to read as compared to my handwritten notes !  

hcp 




Date : Tue, Nov 1, 2016



Sub. :  SPEECH ANALYTICS




VS / Kartavya

Following may interest you - especially , the comment on " SPEECH   ANALYTICS "

You will recall that , our own LONG TERM GOAL , is to capture and analyze , all the ( spoken ) ,  Interview Questions and Answers , in OJF , in order to develop / create , "Digital Assistants " called QUESTIONBOT and  ANSWERBOT  !


hcp

---------------------------------------------------------------------------

JUGGLING WITH DATA - What the Data Can Do for You


Moving beyond using data analytics for predicting customer behaviour online, data analytics has moved to solving more complex challenges using video, image and speech analytics, which is being used in the field of sports, healthcare and security among others.
ET's Shadma Shaikh takes a look at new applications of analytics





Description: http://epaperbeta.timesofindia.com/NasData/PUBLICATIONS/THEECONOMICTIMES/DELHI/2016/11/01/Photographs/022/01_11_2016_022_038_003.jpg




Sent from my iPad
 







Date : Tue, Nov 1, 2016



Sub. :  BLOCK DIAGRAM / OJF




Kartavya,

For preparation of the BLOCK DIAGRAM for OJF ( OnlineJobsFair ) , the following links might help Meena / Pascal :



These were drafted some 4 years back and , as discussed during my visit to your office last Thursday , there are several changes in our thinking

hcp 
-----------------------------------------------------------------------------------------------------------------------
VS :
Earlier , you had indicated that you planned to visit Mumbai in the first week of November , for a detailed discussion with Kartavaya's team / myself , to freeze the FUNCTIONAL  SPECIFICATIONS
I wonder if you have firmed up your plans















Date : Sat, Oct 29, 2016


Sub. :  MARKETING OF OJF


VS,
This article might interest you in the context of " Marketing Strategy for OJF - Online Jobs Fair "
In one of my earlier mails , I had suggested tying up with 914 Employment Exchanges
Currently , FRESH GRADUATES  ( 3.5 million every year ) are the biggest users ofOFFLINE job fairs
So , it stands to reason that they will also be the biggest users of ONLINE job fair
Again , there are lakhs of colleges where company recruiters do not go for Campus Interviews
They should be happy to post on their notice boards , our following email :
-------------------------------------------------------------------------------------------------------------------------------
Dear Students ( Final year / Graduate - Post Graduate ),
Following Companies will be conducting job interviews on www.OnlineJobsFair.com , as per schedule shown below:
------------------------------------------------------------------------------------------------------------------------------
Name of Company / Position - Vacancy / Date / Time / Virtual Interview Cabin Number
-----------------------------------------------------------------------------------------------------------------------------
Final year students who are interested in appearing for any of the above job , should register on OJF and " Apply "
PLACEMENT PFFICE
XYZ  College
Date :.................
--------------------------------------------------------------------------------------------------------------------------------
I believe, there is no technical problem for our software to send out such a email ( of job interview listing ) to all those colleges which REGISTER on our site on page titled , "PARTNER  COLLEGES / WELCOME ON BOARD "
We may allow them to choose / select :
Pl send us " Job Interview Listing " > Once Daily > Once a week
hcp
---------------------------------------------------------------------------------------------------------------------
 Taking learning to screens, across the globe
Impartus targets 10,000 institutes; to focus on South-East Asia, East Africa
BENGALURU, OCTOBER 28: 

In times when MOOCs (Massive Open Online Courses) enjoy favour across the world, even full-time postgraduate degrees are being offered online in markets like the US and UK.
However, what’s been missing in India is the delivery of high quality teaching to students in a way that they can access lectures even outside the campus.

Education in India

Higher education in India is still campus-based with some institutes offering distance learning as an alternative.
With Impartus Innovations reportedly already helping more than 75 institutions in the country deliver teaching via video, many students enrolled at these institutions can access the company’s flagship productLecture Capture on a range of devices.

Amit Mahensaria, co-founder of Impartus Innovations, says: “We’ve moved from zero to 75-80 per cent market share in India, but even that is small considering the larger base to tap is more than 10,000 institutes.”

Advantage institutes

Impartus has institutions paying a subscription fee on the basis of number of classrooms enabled with its solutions.

IFIM B-School, for example, has reportedly made investments of about a crore, in supporting infrastructure, including solutions by Impartus.

The institute’s relationship with the company is well over a couple of years old, according to a Sanjay Padode, Secretary (Centre for Developmental Education), IFIM B-School.

“Around 27 of the institute’s classrooms are enabled by video-based solutions. We’ve received higher enrolments from students outside the city, but beyond the impact on admissions, benefits are seen to be higher in the learning aspect of it all,” Padode shares.
×
He adds that while students don’t have to take notes anymore, they can also access the same lessons or modules taught by other teachers; they can also view old lectures before they choose an elective.

R&D partnership

For over two years, Xerox Research Centre India (XRCI) has been “developing technology for learning platforms” in its research lab.

According to Manish Gupta, Vice-President and Director, XRCI’s partnership with Impartus is still in early stages and the three-year agreement on a revenue-sharing basis is “reasonably open ended” in terms of R&D undertaken.

“We were focussed on the engineering education side of things, but on a quick survey of players in the higher education space, Impartus stood out. They already had a presence in institutions across India, while we’re strong in areas like machine learning and other unique capabilities,” Gupta says.

What’s already possible on Lecture Capture, thanks to the deal with XRCI, is automatic indexing so that students find the lecture of their choice; XRCI’s software reportedly also identifies sub-topics.

Mahensaria claims that Impartus has enjoyed growth of 100-200 per cent per annum, as well as month-on-month growth of 10-15 per cent.

Meanwhile, IFIM B-School’s Padode sees that teachers are motivated to make lectures interesting; students get to give their feedback on lectures.

Funding

Impartus received Series A funding of more than $4 million from Kaizen Private Equity after bootstrapping the company for more than a year.

The funds are being used for further product development, international expansions, and sales and marketing.

“In Kenya, an untapped market for us, we’re working with a channel partner. We’ve started marketing in South East Asia and East Africa. In Malaysia, we’re investing heavily because we’re also looking at the country as a base for strategic investments in the larger region. But at the moment, more than 90 per cent of our revenues come from India,” Mahensaria reveals.

(This article was published on October 28, 2016)










Date : Mon, Oct 24, 2016



Sub. :  MONETIZING OF OJF




VS,

I request you to give your feedback on my following suggestions , before I meet Kartavya's team on Thursday

hcp

----------------------------------------------------------------------------------------------------------------------------------

#   ICR = Interview Call Rate

 = " No of jobseekers called for interviews "      , ...... divided by
      ---------------------------------------------------------
     "  No of jobseekers applied for interviews "

This percentage will be computed only for ONLINE INTERVIEWS of a given Employer

So , obviously , this is where , after " Posting Job Advt " , he has selected / ticked  " For OnlineJobFair "

It will be a CUMULATIVE PERCENTAGE of ALL of his Job advts and ALL the candidates sent interview calls

In the " Job Search Display Tabulation " , we will have a COLUMN , wherein , this  % is displayed

The higher the percentage , the higher is a jobseekers probability of being called for an interview , should he care to apply

That would motivate jobseekers to apply against those jobs / employers , who have a high % score !

A self fulfilling prophesy  ?


The reason why this cannot be applied to Interview calls ( sent offline after downloading resumes ) against RSS feed job advts is , those interview calls do NOT go through our site

#   Charging for conducting Online Interview thru OJF

Earlier , I had suggested a rate of Rs 50 per cabin per interviewer per hour

I now suggest , we change this to , Rs 25 per candidate called ( for interview ) - whether he turns up or not !

ICR explained above will make more candidates to " apply " , raising the probability of more candidates getting called for an interview  >  more revenue  !

Remember , ICRs ( of all the Employers )  should be also ( somehow ) made visible to them ALL ( in a descending order ? )

It is just ( remotely ) possible that this might prompt an Employers to " call " more candidates for interview , so as to raise his ICR percentage and move up the ladder in the ICR tabulation !  A kind of Reputation System !

In one of my earlier job portals ( cannot remember which ! ) , we had also introduced a system / feature , whereby an Employer's RESPONSIVENESS was also computed / given weightage , based on " Number of days that he took to send out an interview call from the date of receipt of an application / request for interview "

The faster he responded ( whichever way - including " rejected for interview " ), the higher SCORE he got !

This cumulative NUMBER was also published against the  name of each job advertiser

Idea was to highlight those employers who fell in the category of " Apply , Apply , NO Reply ! "

After decades of Online Recruitment , this continues to remain the SINGLE BIGGEST complaint of the applicants !  

To motivate Employers to register , I suggest we give them , a " Joining Bonus " of 100 Interview Calls , FREE

( ie approx Rs 2500  for Customer acquisition )

We should further ' incentivize " them by fixing our tariff as follows :

*  Those Employers having " Interview Call Rate ( ICR )  " ,

    *     0     to    30 , ............. Rs   50  per Interview Call

    *   31     to    60...............  Rs  40  per call

    *   61  and above...........  Rs  25  per call

So , that , as their Interview Call Rate  keeps rising , they pay less per interview call

Since ICR can keep going up / down , Employer Account ( Credit Balance ) will need to be debited dynamically

#   Product / Service  Advertisements

We will create a separate page for an Employer to ALSO post ( absolutely voluntary ) , his PRODUCT / SERVICE advt on this page . It could be a PPT or a 5 second Video

We will charge the Employer , ( say ) Rs 100 per Thousand Impressions for this publicity ( 10 paise each ! )

Every time , an Employer's " Job Advt "  gets short-listed ( by our software ) in " Job Advt Tabulation " during any " Job Search " being conducted by a jobseeker , this PRODUCT advt will play !

Very targeted ,  when that jobseeker is in a frame of mind to know / learn , more about a particular job-advertiser before considering to apply or not !

Just perfect timing !

We should also explore , if these PRODUCT advts can also be delivered onto a jobseeker's mobile on app, " My Jobs "

Can you imagine a mobile add being delivered at 10 paise per impression , vs Rs 2/3 being charged by InMobi or Rs 8/10 by Google !


#   Match Index

There will be a column with this heading in,

 Job Advts Display ( during Job Search by a jobseeker )

   Here , we are " matching " all searched / displayed job advts with THE resume of the concerned jobseeker , (benchmark resume ) and computing the " Match Index " as explained in my handwritten notes

We will arrange all found job advts in the descending order of the Match Index

That means , better matching job advts get listed at the TOP and chances are that the jobseeker will click open ( VIEW FULL ADVT button ), only 5/6 at the top ( Filtering through our Job Recommendation System )

Obviously , Employers would want their job advts to get a HIGH match-index and get listed at the top !

In Phase 3 , we will do this ( I have a solution )

This is as far as recommending the right / best jobs to a candidate

But what can we do to recommend the right / best candidates to an employer ?

Unlike a Jobseeker ( who has only ONE resume to be benchmarked ) , an Employer does not have any ONE / SINGLE document ( containing relevant Keywords ) against which to benchmark the resumes !

You will find a solution in " RESUME  SEARCH  " page of www.CustomizeResume.com  !











Date : Sun, Oct 23, 2016



Sub. :  THINKING ON YOUR FEET


VS,

Following might interest you

hcp
---------------------------------------------------------------------------------------------------------------------------------------

OnlineJobsFair ( OJF )  /   Phase 3   /   Useful Inputs
------------------------------------------------------------------------------------------------------------------------------------
{ Source : DNA / 23 Oct 2016 }

Joey from Friends becomes first TV character to be 'virtually immortalized'

Researchers at the University of Leeds have now created a ‘virtually immortalized’ or rather, a digital version of Joey Tribbiani, a character from popular TV show Friends. They analyzed the body language, facial expressions and voice of the Joey and simply, created a chatbot.

The team of researchers aims to “immortalize popular characters” and give them a digital avatar.

Similar to Siri and Alexa, you can have a simple conversation with the voice assistant. The team plans to expand the technique to other characters as well.

The team built a series of algorithms that can recognize individual characters, capturing their body language, facial expressions and voice.

These tools analyze the show’s script and tries to understand how each character typically behaves and talks. It then builds a virtual talking avatar of the characters fully automatically from TV shows.

“We plan to improve the rendering of the avatar and extend our model to include interaction with real people and also between avatars,” said the team in a paper outlining the technique.

{ My note : A " Recruiter Agent " talking to a " Jobseeker Agent " ? }

The team’s framework was demonstrated using all 236 episodes (97 hours of video) from the TV series Friends and explained how the tool generated novel sentences such as the evergreen “How YOU doin” catchphrase among others such as “Hey Ross do you want me to talk to some lady?” and “I like pizza with cheese”.

The end result?
A ‘virtually immortalized’ Joey which will be capable of generating its own sentences in his own swanky style and voice, with a mouth moving to speak these words as well.

Reportedly, the synthesized mouth that talks Joey will be layered over actor Matt LeBlanc, from the original footage of the show.
------------------------------------------------------------------------------------------------------------------------------------------
{ Source : exchange.telstra.com.au / 23 Oct 2016 }
Five ways in which 5G will change your life

Telstra, in partnership with Ericsson, has been testing one of the world’s first 5G  radio test beds in Melbourne. It’s the very latest in wireless technology, and is expected to greatly enhance the speed, reliability, and latency of mobile networks when it’s deployed post 2020.
But what will this mean in the real world? Here are five ways 5G will change your life.
1) Video in ways we haven’t yet imagined
By the time 5G is deployed, network traffic is expected to grow more than five times the amount it is today and approximately 80% of that will be video. There are a couple of reasons for that:
§ Video streaming standards and quality are rapidly changing. Today’s SD and HD movies require data rate of ~[3-5] Mbps. Tomorrow we expect to see 4K with High Dynamic Range, which will push data rates to 20 Mbps per movie. And live events will stream multiple views simultaneously to a device.  This is a huge demand only 5G can fill.
§  
§ { My Note : One hundred simultaneous online " Job Interviews " on OJF ? }
§ Sending video to and from each other and machines is set to explode. New forms of social media and the use of wireless connected cameras to upload all forms of video security and surveillance (even from drones scanning for sharks) will drive video traffic even further.
§  
Already our testing of 5G showed speeds of greater than 20Gbps. That’s the equivalent of streaming around 4,000 different HD movies all at the same time in today’s formats. We can see now how 5G will be capable of maintaining the quality and resolution of the future demands of video with much less buffering.

2) The world and the things in it get smarter

The Internet of Things (IoT) means technology will make almost anything and everything a whole lot more connected and as a result a lot smarter.
Think of a world where you know where your pets and belongings are at any time. Where the entire transport system is tracked, managed and synchronised to the real time movement of passengers.

Or crops and livestock are managed down to their individual locations, which are all linked and tracked to local weather patterns, soil moisture and nutrients.

According to the Ericsson Mobility Report 2016, mobile network connected IoT devices are expected to explode in adoption and use worldwide going from 400 million in 2015 to 1.5 billion in 2021. Not just that, it’s expected each household alone will have more than 100 connected devices.

These applications are emerging today however it’s 5G that will take the scale of IoT devices to new levels with lower latency (delay time), low power (making devices much more budget friendly with long battery life), and the ability to move data on a massive scale.

3) Drones and disaster recovery

Telstra is already using drones to inspect mobile base stations quickly and safely after a disaster and restore services faster.
But imagine a world where drones deliver parcels, look for lost bushwalkers, rescue swimmers in danger, support emergency services, and deliver high quality live video for news and surveillance?
Such a world will require the tracking and management of huge swarms of drones in a safe and efficient manner (all in compliance with the aviation rules of the day), and all able to reliably connect back to the ground via a 5G network.
This can only become possible at this scale through the improved latency (delay time), beam forming (less interference), and the bandwidths that 5G can deliver.

4) Driverless planes, trains and automobiles

Well why not. Driverless automobiles are definitely the way of the future and 5G will make this even more likely through the super low signal latency and higher speeds. 5G will enable the technology that allows cars to talk, or interact with the roads, traffic signs and the other cars around them. Realising that the car in front of you has braked suddenly, and if there’s a traffic jam up ahead, are pretty important things for a driverless car to know.

While the thought of driverless cars might be frightening for some, having autonomous vehicles on 5G interact with other cars, smart roads and smart traffic lights is actually expected to improve safety and traffic flow.

And it’s not just brand new cars that may be driverless. Some manufacturers are working on retrofitting technology to existing vehicles, which could make driverless cars much more affordable.

5) Seamless living in virtual, augmented or actual reality
While virtual reality and augmented reality are here today and mainly used for gaming, 5G means more and more real world applications will become available.

Less delay time and the increase in bandwidth will allow VR and AR to be fully mobile and available everywhere.

Imagine being immersed in a sport and being able to see a player’s stats and even pulse rate overlayed in real time, as if you were actually there? Or training firefighters and other dangerous occupations in a realistic but safe environment? Then take it a step further and imagine a doctor working on a patient over distance with 3D images or organs and vital stats overlayed on the patient?

That’s much more likely in a 5G world.

The Author

David McKechnie

Telstra Chief Technology Office, Senior Technology Specialist
David McKechnie works for the Telstra Chief Technology Office, where we investigate future technologies and how they might be used by our customers. Before embracing his inner “propeller head”, he consulted on mobile networks in all kinds of interesting places, including Singapore, Thailand, China, and regional Australia. He likes things that line up in the same direction and enjoys nothing more on a Sunday morning than a bike ride followed by coffee and a few hours of SBS PopAsia.
--------------------------------------------------------------------------------------------------------------------------------
{ Source : Times of India / 23 Oct 2016 }
It's cheaper to start a web firm than a chai shop


Answer by 
Vikram Chachra, founder partner of seed fund Eight Innovate


A majority of the Fortune 500 businesses anywhere have been bootstrapped. However, most of them took decades to build and required some personal capital from the founder.

 But if you are launching an internet startup, you don't even need that initial capital to get going. What you need is a unique and clear idea of how to improve an essential service, 10X better, rock-star coding skills backed by relentless tenacity, a free couch (to sleep on) and pizza money.


Think about it:

Today, the cost of technology is so low that it's cheaper to launch an internet venture than a roadside chai shop.

AWS gives you free credits to host your site initially, while Jio has pushed data prices to peanuts. And the 10X idea?Think of creating an internet utility that people will use every day to save money, save time, make a living, or reduce effort.

If you get it right, your customers will find you via word-of-mouth.

For such a utility service, the cost of acquiring and servicing every new customer tends to zero, while the marginal revenue per unit remains constant.

As your customer base grows, so do your profits. As long as your profits are greater than your fixed costs, you can keep building your team and keep growing.


If you are sustainable and hit upon a growth formula that can help you dominate the market, then don't under-fund your venture for the sake of bootstrapping.

This is the precise moment when outside capital works becomes your best friend, other than lady luck, of course.



Date : Thu, Oct 20, 2016



Sub. :  JUST WAIT FOR THE API





VS,

Following report is a major breakthrough - and of considerable potential use in OJF ( OnlineJobsFair )

I believe , by this time next year , MS may make available an API to integrate this technology into any kind of web service ( - if they don't , Google will ! )

You will recall my note on developing of a " QuestionBot " in OJF , by Audio recording and analyzing millions of " Interview Questions and Answers " , using Big Data / AI

With an API from MS , it would be easy to convert all those audio Questions / Answers , into TEXT !

That would open up enormous opportunities  !

hcp

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Microsoft Develops First Human-Like Speech Recognition System

( Source : NDTV / 20  Oct  2016 )
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WASHINGTON:  In a major breakthrough in speech recognition, researchers at Microsoft claim to have developed the first technology that recognises the words in a conversation as well as humans do.

A team of researchers and engineers in Microsoft 
Artificial Intelligence and Research created a speech recognition system that makes the same or fewer errors than professional transcriptionists.
They reported a word error rate (WER) of 5.9 per cent, down from the 6.3 per cent WER the team reported just last month.

The 5.9 per cent error rate is about equal to that of people who were asked to transcribe the same conversation, and it is the lowest ever recorded against the industry standard Switchboard speech recognition task.

"We've reached human parity. This is a historic achievement," Xuedong Huang, the company's chief speech scientist said in a blog post.

The milestone means that, for the first time, a computer can recognise the words in a conversation as well as a person would.

In doing so, the team beat a goal they set less than a year ago - and greatly exceeded everyone else's expectations as well.

The research milestone comes after decades of research in speech recognition, beginning in the early 1970s with DARPA, the US agency tasked with making technology breakthroughs.

Over the decades, most major technology companies and many research organisations joined in the pursuit.

"This accomplishment is the culmination of over twenty years of effort," said Geoffrey Zweig, who manages the Speech and Dialog research group.

The milestone will have broad implications for consumer and 
business products that can be significantly augmented by speech recognition.

That includes consumer entertainment devices like the Xbox, accessibility tools such as instant speech-to-text transcription and personal digital assistants such as Cortana.

"This will make Cortana more powerful, making a truly intelligent assistant possible," Shum said.

The research milestone does not mean the computer recognised every word perfectly. In fact, humans do not do that, either.

Instead, it means that the error rate - or the rate at which the computer misheard a word like "have" for "is" or "a" for "the" - is the same as you would expect from a person hearing the same conversation.

Zweig attributed the accomplishment to the 
systematic use of the latest neural network technology in all aspects of the system.

The push that got the researchers over the top was the use of neural language models in which words are represented as continuous vectors in space, and words like "fast" and "quick" are close together.

"This lets the models generalise very well from word to word," Zweig said. 

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Source : Artificial Intelligence Application Programming ; second edition ; 2006
Author :  M Tim Jones
Chapter / Page : Agent based Software ; 388
Paragraph :

"  Agents are also called intelligent agents , because intelligence is a key component of agency .

Whereas agents can take various forms, some consider agents to be surrogates on a network or the Internet that could fulfill some activity useful to their user in the real world { King95 }

The agent would be endowed with the wishes of its user and then make any necessary decisions while communicating with other agents ( possibly representing other users )

An example : selling agent of this type may find other buying agents at specially created auction hosts to sell goods for their users

These agents could also deceptively act as buyers, to identify the costs of a similar good for sale and adjust their prices accordingly

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My comments on the margin of this page ( dt 07 Jan 2007 ) :


Agents of Jobseekers negotiating salary / terms etc with Agents of Recruiters

Virtual Job Fair will be / can be , a Negotiating Platform for,

{ A } Buyer's Agents ( Recruiters )

{ B } Sellers Agents  ( Jobseekers )    
















Date : Wed, Oct 19, 2016 




Sub. :  Process Flow Chart




VS,

#  OnlineJobsFair.com  Process  Flow  Chart ( attached )

When we launch OJF ( OnlineJobsFair ) , we should have one page called " OJF Process Flow Chart "

That would make it very easy for both the Employers and the Jobseekers , to quickly understand how our site works and whatexactly , each party is expected to do and when ( at each stage )

I could not find any such Flow Chart on TalView . May be , one of your colleague can actually " register " on TalView ( as Employer ? or as a Jobseeker ? ) , in order to tabulate TalView's Process Flow

That would help you compare our process with theirs to understand where we need to improve ( if at all )


#  Following news report from " Manpower Inc "

This appeared today . It should be read in conjunction with another report on the subject of " job losses in India " , prepared by a Delhi based civil society group " PRAHAR " , which appeared in Hindustan Times , yesterday

PRAHAR report says ( based on Labour Bureau data ):

#  No of jobs created by India ,

    *  In 2015..........  135,000
    *  In 2013..........  419,000
    *  In 2011..........  900,000

#  No of jobs getting lost, during past 4 years ......         550 per day  ( ie : 2 lakh per year )

#  By 2050 , employment would shrink by....................  7  Million ( 70 lakh in next 35 years )

#  By 2050 , population would have grown by............... 600 Million

#  Organizes sector contributes only 1 % of employment in India ( Market served by Naukri / Monster etc)

    (  a total of 30 million jobs )

#  SME sector employs 40 % of country's workforce ( Our BLUE OCEAN  STRATEGY market ? )

   (  a total of 440 million jobs - in , possibly , 40 million organizations ; ave of 10 per SME )

Also consider this :

#  There are about 914 Employment Exchanges ( Central+State ) , in our country

#  Between them , they had ( some 3 years back ) , 41 million registered jobseekers ( mostly 10th / 12th

    Standard pass +  BA / B Com / B Sc + ITI passed ; very few Professional Graduates like Engineers / MBA )

#  The current rate at which these Employment Exchanges are managing to find jobs for those registered,

     it would take them 300 years to clear the existing backlog !

#   OnlineJobsFair has a potential to " partner " with these Physical Employment Exchanges by

    " incentivizing " them in some way , whereby they stop entertaining hard copies of ( handwritten or

    typed ) , applications ( impossible to retrieve ! ) and insist that the unemployed coming to them for

    registration , are " helped / assisted " to directly register on OnlineJobsFair    

#  Now, the Government ( owner of those Employment Exchanges ) cannot be incentivized by money !

   Greatest form of incentive for any minister is to be able to claim ( with facts and figures ) , what his

   Ministry has " achieved " ! 

   Labour Minister ( Bandaru Dattatreya ) , HRD Minister ( Prakash Javdekar ) and MSME minister ( Kalraj

  Misra ) , would like to " take credit " for the number of unemployed for whom these Employment

  Exchanges , " found jobs " !  Or , at the minimum , the number of unemployed whom they  helped get

  an interview call !

#   So , we tell them : Whenever our registered Employer , sends out an Interview Call to one of the registered Jobseeker , we will send you an " Email Alert "

We will also sent to you a weekly / monthly / quarterly SUMMARY statement

You may take CREDIT for helping these guys !

How do we know whether a particular jobseeker belongs to ANY government employment exchange ?

In our REGISTRATION FORM ( ie " Submit Resume " form for " Fresh Graduates " ) , we will add one simple

check box , which reads : I am also registered on a Govt Employment Exchange

Remember , it is just not good enough to have an excellent product / service

It has to have an excellent " marketing " as well !

hcp

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About 48% Indian employers face talent shortage to fill job vacancies: Survey

About 48% of employers in India are facing difficulties in filling job vacancies due to shortage of talent, said a latest survey.

An American multinational human resource consulting firm Manpower Group has recently conducted a survey titled 'Talent Shortage' wherein it surveyed more than 42,000 employers across the globe.

According to the survey findings, the employers in India are experiencing talent shortage in IT, Accounting and Finance, Project Managers, Sales Managers, Customer Service Representatives and Customer Support, among others.

The IT staff are the hardest jobs to fill in India with Accounting and Finance staff in the second place followed by Project Managers and Sales Managers in the third and fourth place, respectively, it said.

About 36% said lack of soft skills and around 34% looking for more pay than what is being offered are the top reasons that Indian employers cannot fill the positions.

{  My comments : Asynchronous Video Resumes / Interviews , fail to tell the Interviewer,
anything about a candidate's communication skills / expression ; a SOFT SKILL , which is
the most important skill required today , for most positions }

“The demand index for IT and Accounting professionals have been on a continuous rise.
Focus on technology up-gradation and better financial access will drive the sectors growth in the coming months.
Further, in an attempt to provide financial services into rural areas as an initiative by the Government of India and Reserve Bank of India (RBI), the demand is projected to grow across core and support functions,” ManpowerGroup India group managing director AG Rao said in a press release on Tuesday.

“Technology has and will continue to fundamentally reshape the world, job-seekers need to have a continuous learning mode and learn new ideas and skills throughout their working career. With increased automation, the industry will see a rise in high-skilled jobs,” Rao added. 

Besides, as skills needs change rapidly in the organisations, about 36% of employers in India are training and developing existing employees to fill open positions, the survey noted. 
















1 comment:

  1. The more information on L&T Recruitment 2018 is available on the official website.


    ReplyDelete