“You have to get the process in place before you think about automating it, and also give people a non- judgmental and collaborative space to see the truth for themselves.” Slater Victoroff
Unstructured data accounts for the largest part of the total data that businesses see and deal with on a daily basis. This therefore means that businesses must find ways and tools to process this data efficiently and with the least cost, and also reap some business advantages. This is according to Slater Victoroff, who also insists on the importance of having working processes in the organization.
Slater has been building machine learning solutions for startups, governments, and Fortune 100 companies for the past seven years and is a frequent speaker at AI conferences. Indico’s framework requires 1000x less data than traditional machine learning techniques, and they regularly beat the likes of AWS, Google, Microsoft, and IBM in head-to-head bake-offs. Indico recently announced a $22 million Series B raise.
Slater has educated hundreds of business users on successfully implementing deep learning through a simple framework that helps executives rapidly accelerate the adoption of technology in their businesses. Slater attended Olin College of Engineering before pursuing Indico full-time after its acceptance into the Techstars Boston Program.
In today’s episode, Slater talks about the importance of simplifying processes and how his company is helping businesses do that, specifically with regards to processing unstructured data.
- I describe Indico today as the bionic arm for the modern knowledge worker, and we focus on unstructured content.
- Bionic arms are not cyborgs, and at Indico, we champion this idea of the bionic arm because every action is in the person’s control.
- From a business perspective, you get to have one consistent way of performing processes that is represented in code.
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- A huge part of our philosophy is having to meet people where they’re at and at least helping then work in that world.
- Making enterprise technology usable, and understanding how it actually plugs into the broader ecosystem can be really challenging, yet often that is where the value is.
- One of the core reasons as to why it’s got to be a bionic arm, is because we have to position the technology in a way that it empowers the subject matter expert.
- You have to get the process in place before you think about automating it, and also give people a non- judgmental and collaborative space to see the truth for themselves.
- The biggest thing that I have learned leading Indico over the years, and even more specifically with the kind of work that we do, is the power of process.
- The process is so often the key to taking things up to the next level, so walk into it with open eyes and recognize that it is a real challenge in its own right and not one to be taken lightly.
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