TRIG Talent, owned by Zvi Shalgo and Ron Efron, both seasoned Israeli entrepreneurs in China, has acquired the operations of John Bryce in China. John Bryce is the training division of Matrix IT Ltd. (TASE:MTRX). The new company specializes in high-tech training in China, as well as in the new area of computerized adaptive testing for employees and talents in the Chinese market.
The latter activity is based on an algorithm developed in Israel, by a leading team of organizational psychologists and software experts. The Chinese version of the system has been adapted to Chinese culture, language and behavior norms to ensure effective and accurate talent assessment.
Zvi Shalgo, the major investor in TRIG Talent, is the founder of PTL Group China, and had served until a year ago as its CEO. The Group supports the operations of many foreign technology companies in China, providing them with outsource management and operational services in the Chinese market. Among other initiatives, Shalgo was also a co-founder of John Bryce China. His partner, Ron Efron, has over 18 years of experience in China, focusing on organizational computing and integration of security solutions in Asia and in the Chinese market. A partner CEO in the new company is Yoav Chernitz, formerly CEO of John Bryce China.
The Chinese version of TRIG talent's system is currently in its Beta phase, and until the end of 2015 it is being tested on hundreds of candidates in China, in order to fine tune and ameliorate the system. On this occasion, companies employing or looking to hire employees in China can enjoy the technology free of charge, as part of the verification phase.
Computerized Adaptive Testing is the most accurate and advanced method for assessing a candidate's personality, integrity and skills. The concept consists of assessment scenarios generated uniquely for each examinee, as the system tunes its test questions to each individual, according to his ability level reflected in previous answers. The more scores an examinee gets in a specific area, the more difficult the questions become, in order to reach accurate assessment in a highly focused resolution. The innovative machine learning algorithm continuously improves its accuracy relying on millions of candidates' data.
TRIG plans to represent other innovative technologies in addition to its own technology in the Chinese market, which is eager for innovative and new management methodologies. As part of its business activity, TRIG provides unique services to HR departments and to the development centers of big, leading organizations in China. TRIG will also represent Israeli and foreign companies offering software and advanced applications services for human capital management.
Shalgo said, "This is an ideal platform for innovative companies that seek to enter the Chinese market and provide technology and advanced services for HR departments and development centers in China. An approved vendor of the biggest organizations operating in china, TRIG serves as an easy platform to penetrate these organizations for Israeli companies offering innovative solutions and technology in HR management."
TRIG Talent has gained its special status, thanks to John Bryce China's reputation in the field of hi-tech training, and consequently to a 7 years track record of operations in the country, where it has proved high professional level reflected in its Chinese operations . TRIG is currently on the vendor list of the best leading companies in China, including big local companies as well as global companies. Among its customers are: Intel, SAP, EMC, AUTODESK, Adobe, HP, CA, Fujitsu, Sony, Marvell, ECI, CITI, Ericsson, and giant Chinese companies like: China Mobile, PingAn , China Petrol, ZTE and more. "There is currently great demand for technological training in China", says Shalgo. "TRIG continuously trains thousands of employees. In addition, China suffers a significant problem of human resources; as the Chinese market is changing from a production based economy to technology and advanced services, it gets harder to find skilled employees and talents for management and development jobs. Beyond that, specific test methods to assess Chinese candidates' credibility hardly exist in China. Moreover, there are many organizations that need to examine huge quantities of candidates, particularly due to the increasing trend of Chinese local companies going global. Finding the right candidate in China's scales and numbers, is like finding a needle in a haystack, which is why the trend of high level adaptive tests is gathering momentum. The Chinese are widely opening their market to knowledge in these areas, which enables a company like TRIG a large scope of business opportunities."
Published by Globes [online], Israel business news - www.globes-online.com - on November 11, 2015
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