Kiran Kumar J’s Post

Bridging the Gap Between AI Startups and Corporates in AU 🤝 🤖 🇦🇺 With Australia's digital economy expected to reach +$139 billion by 2030 - and AI at the heart of realising much of this growth - scaling these innovations across industries requires the agility of startups and the resources of our establish enterprise corporates. 🚀 🏃♀️ 🏦 As startups bring new GAI ideas and disruptive technologies to the table, corporates provide the infrastructure, funding and market access necessary for these innovations to make a real-world impact. ✨ Super excited to see Fishburners host the “InnovAItor” Series launch to bring these two worlds together and accelerate AI adoption in Oz 🙌 🤩 🇦🇺 Created by former Seven Network and Optus digital marketer Lucio Ribeiro and veteran consultant Vijay Solanki🦄🚀🏔️ The series is designed to bring AI builders and corporate leaders together in a dynamic space to create crucial connections, share ideas, exploreAI and Gen AI opportunities and bridge the gap between innovation and enterprise adoption💡 Without collaboration, Australia’s businesses risk falling behind on AI adoption. 📅 The first event next month will cover the ethical use of data, models, and governance in Gen AI, featuring speakers like Lee Hickin from Microsoft and Dr. Kendra Vant former AI leader at Xero and SEEK. This program comes just days after the Australian federal government announced plans to introduce precautionary AI measures aligning with similar frameworks in the European Union and Canada. ⚖️ These measures will require AI developers and deployers to implement accountability processes, establish risk management systems, ensure human interventionis possible in AI-driven decisions, and inform individuals when AI is used to make decisions about them. This regulatory approach is designed to protect individuals and society while fostering responsible AI innovation. 👉 Check out the full announcement from Mi3Australia below and registration in comments. Looking forward to seeing many of our community there! https://lnkd.in/g8YqChCu #GenerativeAI #Startups #CorporateInnovation #AILeadership #ResponsibleAI

💁♀️ Which one to choose? Your support moves these startups into the top ten, giving them a chance to pitch at the Hinterland of Things Conference. It's not just about the prestige - the top three will share a 50k prize, sponsored by NRW.BANK , and win a one-year subscription to AddedVal.io. To help you decide, we will introduce you to all 24 startups. Here are the first eight of them: #1 acto: Away from reactive dashboards and reports towards proactive alerts and AI-based workflows. It's a decision intelligence platform for B2B sales in SMEs. acto analyzses order and customer data, enriches it with web information and derives prioritized recommendations for action for sales. #2 AI Marketplace (KI-Marktplatz): AI Marketplace is a pioneering platform dedicated to revolutionizing product development through industry-ready AI solutions. They connect product developers directly with tailored AI applications, facilitating seamless search, acquisition, and operation. #3 Anymate Me : Anymate Me is an generative AI startup that specializes in synthetic video production, with a mission to simplify and democratize video creation for companies of all sizes. The flagship product is a cloud platform that enables prompt-driven AI video generation for corporate communication. #4 arttrade: The arttrade GmbH is a provider of art investments. The company offers private and institutional investors the opportunity to invest in works by the top 100 artists, known as Blue Chip Artists, through digital securities. arttrade allows investment in expensive and sought-after works starting from just €1,000. #5 chunkx is the AI-based copilot for learning designed to create continuous and hyper-personalized learning experiences within companies. It generates automated microlearning content tailored for each employee, ensuring high relevance, engagement, and efficiency. #6 Cuinti offers an immersive training environment for sales & customer service teams. The AI takes on the role of a challenging customer, speaks to employees, and confronts them with difficult situations. Afterwards, trainees receive actionable feedback & suggestions for improvement. #7 DashYou is a B2B SaaS solution for customizable project management. It is dedicated to deliver a tailored user experience for each customer through a blend of scientific research and intelligent technologies. With a focus on B2B relationships, DashYou enables seamless contact with both external and internal project partners. #8 Elixion Medical is a young HealthTech startup. We help fighting care shortage and improve patient outcome in hospitals and nursing homes by automated catheter and drain monitoring with SaaS, AI and enabling IoT devices. Stay tuned for the second round, which we will present to you tomorrow! **The startups are sorted not randomly, but alphabetically** #top24 #ootbnrw #timefordecisions #foundersfoundation #outoftheboxnrw 

🤖 As the AI wave sweeps through the startup world, the debate heats up on playing the niche game or going all-in with technology. 🚀 🎯 Specialization in untapped markets is the secret sauce for startups looking to ride the AI wave. It's not just about the tech; it's about finding your unique business groove. 💡 From streamlining operations to cutting costs, AI offers startups a strategic advantage in an increasingly competitive landscape. Automation, predictive analytics, and personalized marketing are on the table, waiting to be tailored for success. 🔮 The future belongs to those who can master the art of applying AI in the right niches, carving their path to success one specialized solution at a time. https://lnkd.in/eKUWcfed

Maximize Your Marketing: the Real ROI of AI for Startups In digital marketing, the question isn't just whether AI "works"—it's about the ROI it delivers versus the investment. —— 1. Personal Touch at Scale Efficiency vs. Impact: AI enables tailored communications, but measure its real impact on sales against the implementation costs. Are the results worth the investment? 2. Predictive Analytics ROI of Forecasts: AI predicts customer needs, but verify if these forecasts lead to actual sales or just add to costs without enough returns. 3. Automation Efficiency Real Savings: Automation saves time, but balance the cost of AI tools against the actual efficiency gains. Ensure the savings justify the investment. 4. Data-Driven Decisions Insights vs. Expense: AI provides valuable insights from data, but assess if these insights drive enough business growth to cover the data processing costs. 5. Optimize Marketing Spend Effective Budgeting: AI optimizes marketing spend, but monitor if this leads to a better ROI or if it's just shifting funds around without added benefits. ——— Reflect on AI Investments - Are your AI strategies delivering significant growth, or are they merely overhyped tools? Scrutinize their real returns. ——— Ready to rethink your strategy to leverage AI for measurable growth? Lets connect! #ArtificialIntelligence #DigitalMarketing #StartupGrowth #ROI #BusinessStrategy #StartUpSuccess #BreakTheMold #MarketingRevolution #innovation #growthhacking #marketingtips #startups #tech #growth #dallas #texas #bayarea #entrepreneurship

Whether by merit or marketing, entrenched incumbents have established themselves as the natural stewards of this AI revolution. The data, however, suggests otherwise. I looked at the top 100 public B2B software companies (by market cap) to compare the performance of companies founded before 2000 with their counterparts founded this century. Surprisingly, companies founded after 2000 have higher median year-to-date stock performance (31.52% vs. 19.89%) and TTM revenue growth (21.78% vs. 10.26%). Their median TTM revenue numbers ($1.97B for post-2000 companies vs. $2.52B for pre-2000 companies) aren’t dramatically different, which makes the growth gap even more telling. While post-2000 companies aren’t startups in the traditional sense, they are outperforming their older peers in key metrics. It makes sense. To deliver on the promise of AI, Incumbents will have to overcome their own inertia to refactor an entire product suite. Building one great AI product isn’t easy, much less building multiple simultaneously. What makes this moment different is how proactive most incumbents have been in light of this AI wave. But, as the data shows public market investors favoring post-2000 companies over older incumbents, I believe we’ll see another shift toward even newer providers. Startups founded in the 2020s—those built with AI from day one—will be the ones to lead the charge in delivering measurable ROI from AI implementation within an enterprise. As with everything, I’m sure there will be a middle ground in the debate between incumbents and startups. Clearly, it won’t just resolve down to “innovators vs dinosaurs” as it has in the past. But, if AI is as transformational as we hope, is it really worth risking the potential downstream impact of subpar, standardized products, when there are 1000s of well-funded startups willing to solve your specific problem?

🌟 HealthTech AI For Startups - High Value Discussion From Jason Smith, Chris Pagano and MATTER 🌟 🤔 Interested in the actual realities of integrating #AI into your healthtech product? Look no further than Jason Smith and his years of succesfully exiting HealthTech AI companies. Here are some High Value Sections and Quotes from Jason. Link to the video in the comments. 𝗜𝗻𝗰𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗶𝗻𝗴 𝗔𝗜 𝗶𝗻𝘁𝗼 𝗬𝗼𝘂𝗿 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 ➡️ Evaluate AI's potential to create a competitive edge    - "If it's going to create a competitive moat for you...that's a good reason to have it." ➡️ Ensure AI solutions address specific business needs    - "If it's because you need AI...that just is the solution that obviously makes a lot of sense." ➡️ Optimize customer value through AI-driven insights    - "Help optimize your product itself and the use case and experience for end users." ➡️ Weigh the costs and benefits of implementing AI    - "It could be really expensive and time-consuming...it is not a process very fast, easy, and cheap to prototype AI." ➡️ Focus on clear, practical applications of AI    - "Some businesses...warrant just brute force analytics and good old-fashioned data processing." 𝗟𝗲𝘃𝗲𝗿𝗮𝗴𝗶𝗻𝗴 𝗔𝗜 𝗶𝗻 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 ➡️ Use AI for automating development tasks like test code generation    - "We've seen about 27 to 33% increase...in productivity and velocity out of our development teams using Copilot." ➡️ Employ AI tools for sales and marketing material creation    - "ChatGPT for sales, marketing, research materials...pretty powerful." ➡️ Leverage AI for customer relationship management (CRM) automation    - "PipeDrive and Salesforce for automating responses...keeping those customer touches." ➡️ Implement AI for market analysis and trend monitoring    - "Great ways to kickstart your ideas and...write a marketing piece or sales pitch." ➡️ Use AI to enhance internal processes and operational efficiency    - "Leveraging those AI solutions integrated with tools...to achieve the thing that I want." Strategically integrating AI into your startup can transform both product offerings and business operations, driving efficiency and innovation. 🙏 Thanks Jason, Chris Pagano and the Matter Health Team for a great discussion #artificialintelligenceinhealthcare #aiinhealthcare #healthcareai #healthcareartificialintelligence #healthcareinnovation #artificialintelligence #ai #entrepreneurship #startup #startuplife

I don’t think AI advancement will simplify marketing. It sure can streamline tasks, just like the Cloud did for startups, making things easier and cheaper. 🌥️ But, AI will also enable more people to create products and services. That means more competition, and you know what follows? More spending on marketing and sales! 💸 So, while AI is awesome, be prepared to invest more in your marketing strategies. The game is about to get tougher! 🎯 What do you think? #AI #Marketing #Innovation #BusinessStrategy #TechImpact

Recognising the pivotal role of AI in shaping the future of technology, Inc42 Media collaborated with Google Cloud to organise ‘The Tech Horizon’ in the heart of India’s Silicon Valley, Bengaluru, on May 3 👇 The first edition of The Tech Horizon was an exclusive, invite-only event that provided a platform for thought leaders, tech enthusiasts and industry experts to engage in insightful discussions and share valuable insights about leveraging AI and cloud technologies to propel startup growth. The Tech Horizon was a melting pot of knowledge sharing and experiential learning. It featured sessions by some of India’s foremost tech innovators and was attended by more than 30 tech leaders and makers. The event featured a roundtable discussion, titled ‘Elevating Customer Experiences Through AI And Cloud-Driven Analytics’. Led by industry experts from startups like MakeMyTrip, Goodmeetings, and MedPiper Technologies, Inc, the discussion explored the ways in which AI and cloud-driven analytics can revolutionise customer satisfaction. #startups #GenAI #technology

Germany's largest B2B Startup Expo and Conference - Are we on the brink of a new era in tech, or are we just experiencing another hype? This is the question we’ll explore at the upcoming Future Tech Fest 2024 in three days. Event Highlights: - More than 5,000 people come together to learn, share knowledge, exchange ideas and do business. Stars and hidden champions of the startup scene as well as heroes from all over NRW are waiting for you. - A specialized audience of decision-makers from the corporate world seeking new technologies and partnerships. - Lead generation and networking opportunities with over 5,000 attendees and 330+ exhibitors from more than 80 countries. As ECODYNAMICS GmbH, we’re proud to be the concept partner of digihub - Digital Innovation Hub Düsseldorf/Rheinland GmbH together with , Christian Temath for the AI Vertical Stage in the afternoon. This stage will play a central role in showcasing the latest developments in artificial intelligence and discussing how AI will shape the future. Keynote Sessions: 1) Christian Temath, KI.NRW -"Update AI" - An overview of the latest trends and developments in the AI landscape. 2) Luisa-Marie Schmolke, Innovation Developer, ERGO Group AG "Presentation of an innovative method to boost productivity and creativity through AI-powered design sprints." 3) Joerg Bienert, Co-founder and President, German Association for Artificial Intelligence, KI Bundesverband "Insights into the current state and challenges of AI in Germany" 4) Hamidreza Hosseini, ECODYNAMICS GmbH: "Key Aspects of Operational Use and Critical Success Factors in Implementing Generative AI in Companies." Startup-Pitches These top startups will present innovative solutions and their latest projects in the field of artificial intelligence: 1) Maria-Liisa Bruckert, IQONIC.AI: "Introduction of innovative AI-powered skin and hair analysis technologies." 2) Sebastian Glock, Cognigy: "Presentation of a groundbreaking solution in the field of Conversational AI." Panel Discussion: "Comprehensive Insights: Exploring the Practical Applications of AI" - Maria-Liisa Bruckert, Founder & CEO, IQONIC.AI - Sebastian Glock, Director of Product Marketing, Cognigy - Martha Giannakoudi, CEO & Founder, Synnous Consulting GmbH Consulting - Laszlo Friedmann, Deputy Area Manager Service and Co-Lead "Domain Specific Application and Service Coupling (Research)", West AI Networking: After the talks and discussions, take the opportunity to connect with innovators, potential partners, investors, and other attendees. A Big Thank You and Kudos to Nicole Karuvallil, Peter Hornik, Tim Ohly, Markus Hafner, Bettina Palka and many more... #FTF24 #FutureTechFest #digihub #ecodynamics