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Victor Szczerba

๐Ÿ‘ค Speaker
101 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

Our model is the very top end.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

So if all of a sudden, and by the way, Amazon and Walmart do have software very similar that they've developed for themselves.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

They've also taken four or five years and taken tens of millions of dollars to do their own development.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

We literally can do exactly the kind of software at that scale that an Amazon or a Walmart can do, right?

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

And then so the people that we feel are a little bit competitive with us are the guys that are the traditional data warehouses.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

Teradata, IBM, HP, right?

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

And what they do is they do a heck of a lot of consulting on top of that to create kind of custom applications to function like this.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

Exactly, which I think is absolutely nuts, right?

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

And what we found is actually the integration costs when it comes to this specialized data that's inside the enterprise is insane.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

kind of like the barrier.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

So what we did is we actually created a way to virtualize the data connections.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

I know this sounds weird.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

I used to run the largest data management company in the world inside of SAP and

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

This was my bread and butter, and this stuff used to take months and years to get the integration right.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

And now with APIs, it's kind of gotten a little bit easier.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

But what we've done is we've actually said, you know what, if you're a marketing department, why don't you skip that?

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

And instead of being up and running in one or two years, we figured out a way to describe the data itself as opposed to fully integrate it.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

And we're up and running in two to three weeks at this point when we see a new data set.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

I would say it's still a little bit early.

SaaS Interviews with CEOs, Startups, Founders
832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

What we know is that it's a very sticky model.