Salesforce Keeps AI Under Control

Salesforce (NYSE: CRM) recently announced its first quarter results that continued to surpass market expectations. Salesforce is seeing the impact of economic pressures as well. Its clients are looking carefully at deals, which is impacting its sales cycle. Despite that, Salesforce remains optimistic about its outlook.

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Extending Product Roadmaps with Generative AI: Acrolinx CEO Volker Smid (Part 5)

Sramana Mitra: From your product roadmap point of view, you operate in the post-content production scenario mostly, right? You’re looking at content and governing content. You’re not involved in the production piece.

Volker Smid: We are also involved in the content production piece because we provide the side bar for the authoring environment. When an author creates a piece of content, we have a side bar that is connected to the enterprise so that you can create content following the rules of the enterprise. We are connected to the production piece as well.

Extending Product Roadmaps with Generative AI: Acrolinx CEO Volker Smid (Part 4)

Sramana Mitra: The objective is learning. What your technology is doing is, it’s streamlining that learning.

Volker Smid: By helping the author to align the content with the objective. The objective is learning. You need to use technical, simplified English. The content needs to be measured against clarity. Sometimes it’s as easy as saying you can’t use long sentences. The assistance of the authoring environment is one aspect.

Video FAQs

Extending Product Roadmaps with Generative AI: Acrolinx CEO Volker Smid (Part 3)

Sramana Mitra: What happened in 2015?

Volker Smid: I decided to go back to my roots.

Sramana Mitra: Start another company?

Volker Smid: No, I was joining a company with very little revenue. It was the second largest SEO platform in the world called Searchmetrics. I became the CEO of Searchmetrics to get the company from small revenue to being successful outside Germany. We had to get rid of litigations that we had in the US which were cumbersome and expensive. It was another learning experience.

Best of Bootstrapping: Bootstrapped First Venture, Raised Money for the Next

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

As a variation on our ‘Bootstrap First, Raise Money Later’ theme, we also see many entrepreneurs who have bootstrapped a first company (or business), and then gone onto venture-fund a second. Christian Chabot built Tableau Software in this mode. Sridhar Vembu built Zoho. We have numerous examples of this tried-and-true path. Something to consider for first-time entrepreneurs chasing venture capital and Unicorns. Since speaking with cVidya Founder Alon Aginsky in 2015, cVidya was acquired by Amdocs in 2016.

Sramana Mitra: Let’s start at the very beginning of your personal story. Where are you from? Where were you born, raised, and in what kind of background?

Alon Aginsky: I was born and raised in Israel. After completing my army duty, I found myself in New York as a young entrepreneur trying to make it. Luckily, I was able to pick an opportunity and start a company in the area of call accounting that later became billing for small operators. That company that I started was a one-man show in the Empire State Building. I managed, after seven years, to take it public on NASDAQ.

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Cloud Stocks: Workday Leverages AI in its Acquisitions

Enterprise services provider Workday (NASDAQ: WDAY) recently announced its first quarter results that surpassed the market expectations. The company continues to expand offerings to diversify its reach within the organization.

Extending Product Roadmaps with Generative AI: Acrolinx CEO Volker Smid (Part 2)

Sramana Mitra: What did you do after?

Volker Smid: Fulfilled my lifelong dream to go to the US. It was in 2000.

Sramana Mitra: To what company?

Volker Smid: It was a US-German company that went public in the year 2000. It was called Poet. We had a marketplace catalog product, which was a big thing in the year 2000. Every marketplace needed to have a catalog and we were the catalog provider. If you remember 2000, it was a pretty crazy time.

Extending Product Roadmaps with Generative AI: Acrolinx CEO Volker Smid (Part 1)

In this conversation, Volker discusses how his company is extending its product line with Generative AI, and also, very specific new startup ideas leveraging the capabilities of Generative AI.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born and raised? What kind of background?