Making Millions Out Of Artificial Intelligence: Brighterion CEO Akli Adjaoute (Part 4)

Sramana: What happened with the company that you started as a PhD student? Akli Adjaoute: My biggest customers were French and European firms, as well as the military and some banks in France. The company grew to 62 people, and we made about $5 million of revenue per year.

Making Millions Out Of Artificial Intelligence: Brighterion CEO Akli Adjaoute (Part 3)

Sramana: How was the newly designed system received by the doctors? Akli Adjaoute: It made a lot of news in France. For the first time there was a system that could react to data.

Making Millions Out Of Artificial Intelligence: Brighterion CEO Akli Adjaoute (Part 2)

Sramana: There is no way to improve the capability of an expert system unless there is a learning capability. Is that the aspect that frustrated you? Akli Adjaoute: Yes. When the residents would test our system, I was frustrated because every time they would find a case that the system did not already have a

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Making Millions Out Of Artificial Intelligence: Brighterion CEO Akli Adjaoute (Part 1)

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Dr. Adjaoute is a leading figure in the international cognitive science community and the CEO of Brighterion, which offers a full suite of products for real-time fraud prevention, compliance, and homeland security intelligence. Prior to Brighterion he was the founder, president, and CEO of Cognitix Technologies.

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Bootstrapping A Software Company From Minnesota: Vicki Raport Of Quantum Retail (Part 7)

Sramana: You are a self-financed company, largely owned by six founders and your employees. How do you see the shareholders getting rewarded? Are you doing dividends, or do you see yourself getting bought at some point? Vicki Raport: At this point, our primary concern is growth. The shareholders are not sitting at the edges of

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Bootstrapping A Software Company From Minnesota: Vicki Raport Of Quantum Retail (Part 6)

Sramana: What do you see for the future of Quantum? Vicki Raport: We are trying to set our company up to be a next-generation player in retail technology and retail optimization. We are going to be the foundation of 21st-century retail transformation.

Bootstrapping A Software Company From Minnesota: Vicki Raport Of Quantum Retail (Part 5)

Sramana: How big is your business in terms of revenue under management, and how strong is your TAM? Vicki Raport: We have estimated that if we work with only U.S.- and UK-based tier 1 retailers, our TAM in that market based on our current product lineup is around $50 million to $100 million of recurring

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Bootstrapping A Software Company From Minnesota: Vicki Raport Of Quantum Retail (Part 4)

Sramana: When you built your prototype, did you target a specific enterprise management system to interface with? Vicki Raport: No, we just started with Guitar Center. We focused on what they had. We knew the industry very well, specifically Retek and Oracle. That made future integration easy.