Sramana Mitra: Do you want to talk about the healthcare use case a bit? Gurjeet Singh: Similar to financial services, we build applications that solve problems end-to-end. The first application in healthcare that we sell to both healthcare payers and providers is the application that detects and hopes to mitigate the problem of clinical radiation.
Sramana Mitra: By rolling out your software in a risk operation that has such large numbers of manual labor, how many people can you replace with the software? Gurjeet Singh: At this point, the banks are not talking about replacing people. They’re worried about capturing risk. They are more interested in making sure that they
Sramana Mitra: How were customers finding you? Gurjeet Singh: Just through media. The launch in January was such a huge event. There was a lot of media and buzz around it. It felt like it was a pretty successful time, and it definitely gave us a false sense of complacency. What we realized was while
Sramana Mitra: So, grants and some consulting projects kept you going for a while. What happened next? Gurjeet Singh: Yes, those were very lean days. My co-founders had done well enough that they could easily live without a salary for a long time. I was the only one, as the immigrant, who had to be
This is a very interesting conversation about technology from Stanford being commercialized in financial services and healthcare, addressing very specific use cases in risk and other domains. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Ayasdi. Gurjeet Singh: I’m one of the co-founders and Chairman of the Board at