Sramana Mitra: I am going to ask you a couple of questions from the point of view of how you built this business. How do you scope the sizing of the market? How big is the TAM in financial services? Dorian Selz: I do not have a single number to give to you. Whoever you
Dorian Selz: What differentiates us from the pack is that most of these companies predominantly use external datasets, for example, for public reporting of the company. Our specialty is that we effectively crossed the bridge from outside to the inside. Most of our customers predominantly use us to analyze company internal datasets. These are quality
Dorian tells a great story of AI applications within Financial Services. Sramana Mitra: Let’s start by introducing our audience to yourself as well as Squirro. Dorian Selz: I’m the Founder of Squirro. Squirro is Zurich-based but global AI company. We have over 40 years of recognizing structured and unstructured data.
Sateesh Seetharamiah: I’ll give you an example. Today, 80% of data is hidden in documents in enterprises and is very inaccessible. Why don’t we apply AI to solve this problem? Let’s build a horizontal platform – a domain-agnostic platform – to extract information. While the platform can do it, as soon as you start throwing
Sramana Mitra: The use case that you just described works a lot better in automation than as humans. For humans to look at things and decide at what price to bid and whether to bid or not, there is no way humans can beat AI in doing something like this. Sateesh Seetharamiah: It was done
Sramana Mitra: Let’s pick three use cases and talk about what problem are you solving. What is exciting about that use case? Sateesh Seetharamiah: I’ll pick three use cases that are publicly available. One of them is Philips. Philips had an opportunity to drive tremendous automation in its entire accounting and finance space. They had
We explore the topic of Vertical AI further in this interview. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to EdgeVerve. Sateesh Seetharamiah: I’m the CEO of EdgeVerve. EdgeVerve is a wholly-owned subsidiary of Infosys. I’m an entrepreneur. I started companies and then later joined Infosys to see how similar
Sramana Mitra: If you look around, what are some open problems that you would point new entrepreneurs towards? Jan-Philipp Mohr: There are a lot of other sensory technologies which are exciting and could add a lot of value. We have a very big lab in Nashville where we try out a lot of things. It’s