Prashant Fuloria: Most traditional companies that do not leverage technology extensively cannot profitably serve customers whose needs are small. If I were a large enterprise and I came to you to get a $5 million line of credit, you could deploy a small team of experts for two days to go through all my books,
A view into AI in the context of integration. Sramana Mitra: Let’s start by introducing our audience to yourself and SnapLogic. James Markarian: I’m the CTO at SnapLogic. I’ve had a very unusual career in the Valley. In about 30 years, I’ve only had three jobs. I was at Oracle for a number of years
Sramana Mitra: You explained what data you’re drawing from. Based on that data, what kind of conclusions are you drawing? Of course, you are drawing conclusions about the health of the business. Is there any kind of correlation? Are you trying to score them? Prashant Fuloria: Absolutely. When we run our AI on the data
Sramana Mitra: Let’s double-click down on the AI. What signals are you looking for? What is the algorithm learning on the basis of? Prashant Fuloria: We capture a number of data elements about a business. First and foremost is the data that we find in the small business graph. It’s important because the health of
Prashant Fuloria: Let me explain the SMB to B concept a little bit more because it’s a fascinating and sometimes overlooked area. You and I interact a lot on an ongoing basis with small businesses that are fundamentally B2C. You talked about e-commerce. You might go down to a coffee shop and get your morning
FinTech is making great strides today with the help of AI and bringing to small businesses certain kinds of financial services that were only available to much larger ventures once upon a time. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Fundbox. Prashant Fuloria: Fundbox is a midstage Fintech
John Price: In order to solve a problem that is worth solving with machine learning, the biggest problem is the amount of data you have to aggregate, normalize, and get in shape. Once again, it’s not the intelligence. AI is not the center of the universe. The problem is shifted from software engineering. You pick
Sramana Mitra: Based on all the things that you’re doing, what are the trends and where do you see open problems that would be good pointers for new entrepreneurs to start companies in? If you were starting a company today, where would you start the company? John Price: I can tell you what not to