How does it work
AIBI will have interfaces to collect information from various stakeholders of a business. It will collect subjective data from customers of a business, employees, managers, directors, CXOs, etc.
Artificial intelligence.
AIBI can process the collected information using its engine powered with artificial intelligence.
Predictive analytics models and machine learning capabilities will make the system stronger enough to suggest solutions for certain problems.
Scalability
This is a scalable model that can solve problems of any category of businesses.
Smart Reports
The system can automatically generate reports with insights that a business owner not otherwise can develop.
Why AIBI ?
The service of a professional business consultant is not practical to micro and small businesses because of various reasons. Firstly, service charges of such professionals may not be affordable to such businesses. In addition to that, the environment in such businesses may not ideal for such consultation exercises. They have got a different set of priorities and challenges. Traditionally, problems of such businesses trying to map with tools designed for large businesses. An adaptable version of corporate tools can address such challenges to an extent but may not be addressed completely. AIBI trying to decode problems of such industries and to suggest solutions.
How it will benefit customers?
Business consultants are functioning as a catalyst in any business. Large companies are using the services of various consultants throughout the year for diverse requirements. But in the case of SME businesses, not many of them are using professional consultants. The availability of suitable data is the main problem for employing a consultant. Besides that, most of the SME businesses cannot afford to employ consultants as required. AIBI solves both of these problems together. AIBI will collect data in a totally different way which is absolutely suitable for the requirement of the target segment. AIBI will be offered at an affordable cost the micro, small and medium businesses.
Why it is unique?
Tools and systems designed especially for the use of SME are very limited. Few tools are available for managing passive roles for such businesses and very few tools are available for the active roles. AIBI is a software-based artificial intelligence system, designed to solve problems arising out of the active roles of a business. The emergence of AI will provide a huge advantage to SME. AIBI is one of the first initiatives in AI tools for SME.
Which are the industries that may be benefitting from AIBI?
Upon full-fledged operation, AIBI will meet the requirements of almost all SME sub-sections. In the first phase, AIBI is designed for Assisted Retail, Unassisted Retail, Wholesale and walk-in Services segments.
Who is behind this mission?
Asif Theyyampattil
Asif is a business strategy consultant marked his presence in the entrepreneurial ecosystem of Kerala. He is engaged in the development of business organizations as a professional consultant for a decade. Before the role of a consultant, Asif was a serial entrepreneur. He started his first venture in the year 2001 and he has been in the leadership of many companies. He is a blogger in entrepreneurship and part of many business and management associations.
Arjun completed his engineering graduation from NIT Calicut and post-graduation from Indian Institute of Management Kozhikode (IIMK). He has worked with a few MNCs before starting his own entrepreneurial venture. He is the Co-Founder and CEO of Wudi, a skill discovery platform incubated in IIMK Live. A TEDx speaker, Arjun is a regular invitee speaker at various national and international tech and management events.