Bassem Handy
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, absolutely.
So if you think about what we're doing, so we're not a software company.
I never intended to be a software company.
When we started in 2018, and we've been doing, I guess, AI before they even really dubbed it AI, we wanted to be a robot company.
So if you think about Brick, what we do is we
build robots to replace those humans or at least augment their work streams.
If you think about some of our clients, what they'll do is they'll actually employ an accounting robot to help with accounts receivable or accounts payable.
Instead of hiring Jenny or Johnny to go through and process invoices
or bill clients, or even email clients looking for money.
Instead of having a human do that, they have these super intelligent robots that do the work on their behalf.
So when it was human involved in the loop, the human would take two to three days, make a ton of mistakes, whereas the robot works 7, 24, 365.
The way we do it is by robot.
Generally, it's unlimited transactions, actions, and automation minutes.
We do have a consumption-based model that's getting more popular where it's actually automation minutes.
So the number of minutes that they basically activate the robot for.
So there's an unlimited or a committed use model and a per minute model.
Between $2,000 and $5,000 a month.
I call it robot as a service.
It's Weibo versus Uber.
The idea here is that these autonomous robots can plug into those work streams without them hiring more people.