Arc’s Post

Hello friends. What will you do if something similar happened to you? This CIO, of that large financial company, having too much technical debt, came to us for help, waving a lot of money. What followed was bizarre. I modified the story (in the form of an allegory) to protect the innocent. It's a story about 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐝𝐲𝐧𝐚𝐦𝐢𝐜𝐬, but it also illustrates how 𝐦𝐢𝐬-𝐚𝐩𝐩𝐥𝐢𝐞𝐝 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐫 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 like #AI or #automation can lead to more technical debt and how they can derail startups or even large companies. I’d say many of you already have similar stories –or will!

I like what this #post tries to address. Also, this is one of the most common but least discussed situations which most #customer-facing folks face (primarily #businessanalyst). Customer wants everything in their #solutions. All the good stuff of the old while making sure that the new stuffs work perfectly and gets them 300x (or 3000x for that matter) of what they expect and have already #invested in the solution Putting the foot down and saying "What you are asking is ridiculous and illogical" is something that is either a) extremely stupid b) extremely expertized or c) in their #noticeperiod would do. And finally, when push comes to a shove, it would be too late and a tonne of time & effort on both sides would have been wasted with nothing #productive coming out of it. Is there a standard template or solution to manage these kinds of #situation/s? Fortunately or unfortunately, no. That is where you need to, in motor racing terms, find your braking marker. You can use your experience and push forward your thoughts and inputs in a firm manner. Show your #skills in handling these conditions #businessanalyst #productowners

AI has the potential to dramatically boost enterprise #productivity by orders of magnitude. As the number of #smartbots within organizations increases, #algorithms are poised to become crucial drivers of economic progress. The convergence of human ingenuity and automated algorithmic processes shouldn't be viewed as a conflict, but rather as a potent #catalyst for enhancing growth and operational efficiency. #strategy #hyperscale #scaleups #bizgrowth #foundersadvice #bizmodel #innovation #fintech #insurtech #tokenization #productmanagement #web3 #TMinsights

Jump Raises $4.6M to Enhance AI Software for Financial Advisors - Funding Secured: Jump, a provider of AI software for financial advisors, raised $4.6 million led by Sorenson Capital with participation from Pelion Venture Partners. - Operational Expansion: The funds will be used to expand operations and development efforts. - Automated Solutions: Jump’s AI automates tasks like notetaking, data sifting, follow-up emails, task lists, and CRM data syncing. Subscribe to our daily newsletter here for more AI news https://lnkd.in/d5NSxXqZ #AI #Fintech #Investing #Entrepreneurship #VentureCapital #Business #Startups #Innovation #Technology #BigData

Are you drowning in paperwork? Real estate is tough, but AI can be your secret weapon. Imagine a team of tireless assistants! They handle emails, follow-ups, and spreadsheets – faster and error-free. Saving me time and money AI helped startups achieve IPOs! It's not just for big companies! Ready to unlock your business potential? Let's do it! Visit TetraNoodle.com and see how AI can transform your real estate business. #AI #RealEstate #BoostProductivity #SaveMoney #TetraNoodle

It's crucial for companies to vigilantly monitor and efficiently handle their finances. While cash flow is vital for all businesses, it takes on a heightened significance for startups. Keeping a close eye on the triumvirate of cash flow analysis—accounts receivable, accounts payable, and final shortfalls—is key. Want to see how Payference is helping our customers with real-time and highly accurate cash forecasts using our Payference IQ Technology™? Learn more: https://lnkd.in/gdnCV9D6 #finance #CFO #financeprofessionals #cashflow #cashflowmanagement

Historically, service businesses have not been considered venture-backable. Compared to software businesses, services performed by humans tend to have a low margin, are hard to scale, and are lumpy in revenue. But AI is cracking open substantial new opportunities. Service businesses that leverage both humans and AI to deliver solutions will start to outpace legacy service providers. Here are some thoughts on how you can build one of these companies.  https://lnkd.in/eiRFkBU9

From helping you to write #code, checking the #quality of that code, and adding repeatability to your content generation, #AI is going to impact how we think about leverage in the daily operations of our #software #companies. This article explores the common areas you should be thinking about adding AI to your #operations. https://lnkd.in/euWiYDKy

Why is Real-Time Reporting is Crucial for Early-Stage Startups? -> Quick Decisions: Founders need rapid adaptation to market changes. Real-time reporting supports swift, data-driven decisions. -> Cash Flow Monitoring: Essential for understanding cash runway and burn rate with limited reserves, ensuring financial stability. -> Investor Confidence: Provides transparency and control, building investor trust with real-time insights. -> Assessing Pivots: Facilitates quick assessment and forecasting of business model changes for data-driven decisions. -> Resource Allocation: Helps prioritize initiatives, control costs, and align resources with strategic goals. ~~~~~~~~~~~~~~~~~~~~ This is how dayX AI uses #AI to Automate your Financial Operations 🚀 -> Generates investor-ready financial and operating metrics in real-time within minutes. -> Automates #accounting to reduce manual operations, prevent delays, and minimize errors. Say goodbye to spreadsheets! -> Leverages autonomous #FP&A for accurate financial projections and real-time insights. -> No more back and forth with your accountants. #dayXAI, #AI, #startups, #founders, #accounting, #planning, #reporting, #forecasting, #investors, #automation, #realtime

We shouldn't view technology as a threat to our intelligence, but rather as a tool to enhance our cognitive abilities and free up mental resources for more creative pursuits. The rapid development of technologies like AI/ML affords us the chance to delegate cognitive tasks to algorithms and focus on more innovative challenges. Instead of fearing technology's impact, we should view it as an assistant in our quest for knowledge, innovation, and problem-solving. #strategy #hyperscale #scaleups #bizgrowth #foundersadvice #bizmodel #innovation #fintech #insurtech #tokenization #productmanagement #web3  #TMinsights