Latest / Beyond Fulfillment Podcast / From Failure to Fortune: Amir Haramaty on Resilience, Learning, and Leading aiOla
Transcript
- 0:05Speech by far is the most natural form of communication.
- 0:09It's actually three times faster than anything else.
- 0:12In one third of the time, you're actually capturing 3x amount of data.
- 0:16Today's guest is Amir Hamade, a self described aerial problem solver with four successful exits under his belt and a track record of transforming AI innovation into real world impact.
- 0:28Currently the co founder and president of Aiola, Amir's work is reshaping how enterprises harness speech, AI for efficiency and data driven insights.
- 0:38Serving everyone from Fortune 500 companies to global chains.
- 0:42In this episode, Amir shares his unconventional approach to entrepreneurship, why he believes failure is a crucial ingredient to success.
- 0:51And he reveals the behind the scenes stories of building Aiola from the ground up long before AI was a house name.
- 1:02You'll hear how he helped companies slash hours off regulatory processes, turn speech into data gold mines, and how timing, technology and relentless iteration combined into a perfect storm to take Aiola globally.
- 1:16Get ready for a masterclass in AI leadership pivots and the future of voice driven business transformation.
- 1:25As always, if you found value from his content, please like and subscribe.
- 1:29All right, Amir Haramati, welcome to Beyond Fulfillment.
- 1:34Thank you, Dave.
- 1:34It's great to be here.
- 1:36Yes, it's great to have you.
- 1:37We appreciate you taking the time.
- 1:40So Amir, we were just talking about your background here, but before you, your present company and you said you don't like the term entrepreneur, you're a serial problem solver and you've had four successful exits already so we'll definitely
- 1:57touch on those that as well.
- 1:58But you are the president and the co founder of Iola, which is a speech AI company that's making some serious waves out here in the market.
- 2:09Can you just tell us what IOLA is and and who you serve?
- 2:14Absolutely.
- 2:14So yes, as you mentioned, I call myself a serial problem solver and this is something which I enjoy.
- 2:20And as you mentioned, this is my sixth rodeo.
- 2:22So the first one forward success we've sold to significant companies.
- 2:28Been deep into AI for the last decade.
- 2:30Long before A and I became the most used and abused letters in English language at present time.
- 2:36The first six with my previous company as the AI platform of choice of McKinsey the management consulting company globally.
- 2:43We had a chance with McKinsey to be at large number of engagements with Fortune 1000 companies where I saw the big promise of AI is meeting traditional enterprises and it's not a pretty sight.
- 2:57I had many takeaways.
- 2:59The three main ones is the understanding that what happened in AI in recent years is incredible.
- 3:04Those AI Tools are amazing, but I think we get a bit confused because despite the fact those are AI, they're still just tools, which means and polarize the fact that the biggest challenge is no longer an AI challenge,
- 3:17it's truly a data challenge, because the majority of data in the world is still not part of the game because it's uncaptured and unstructured.
- 3:25So one is understanding.
- 3:26It's all about data, number one.
- 3:28Number two, you know, my mother always told me, you have two ears and one mouth.
- 3:33Try to keep the proportion.
- 3:34I'm still working on it.
- 3:36But it's an amazing life lesson, is what you're able to hear if you're willing to listen.
- 3:41And the reason I'm mentioning that is whatever we do, we come with tremendous respect to existing processes or procedures, workflows in companies.
- 3:50We're not here to disrupt, we're here to enhance and augment.
- 3:54We build this incredible technology.
- 3:56How can we assist to do things more efficient, safer, smarter, collaborative?
- 4:01The last pillar and the most important one is the fact that what you and I have been doing here for the last few minutes, speech, by far is the most natural form of communication.
- 4:10It's actually three times faster than anything else.
- 4:13In one third of the time, you're actually capturing 3x amount of data.
- 4:17Foreign.
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- 4:51And one day, God willing, you know, your grandkids are going to say, I'm going to find a keyboard in your garage, Dave, and say, hey, Grandpa Dave, what is this?
- 4:58And you're going to struggle to explain to them that I was our most creative way to communicate with machines by punching buttons.
- 5:04Okay, it has, ridiculous as it sounds, so it's super clear it's all about data.
- 5:09It's super clear, it's all about speech.
- 5:12But it's also super clear that what we have today is pretty challenging.
- 5:15The combination of languages, accents, various acoustic environments, and again, in supply chains and logistics is a very big challenge.
- 5:24And the fourth one, actually, we realize that every industry in every company in every location has a very specific jargon or slang or keywords that in all fairness, there's no automatic speech recognition platform of the shelf that was
- 5:39built to handle it.
- 5:40Hence, it's a triple challenge.
- 5:42One, how can we bump the accuracy in those settings from where it is today, which is subpar and unacceptable?
- 5:48Close to 100% in any language, any accent, any acoustic environment, any jargon.
- 5:53Two, once you did it, still not good enough because you want to separate the noise from the signal.
- 5:57You know, it's less interesting, although I care about it, what the lines are going to do.
- 6:01This isn't what's going to be the weather like in Detroit in two months time.
- 6:06How can we extract only the relevant information, separate the noise from the signal automatically and take it out?
- 6:11Once we accomplish that, it's still not good enough because we are not talking about speech to text.
- 6:17We talk about speech as highly unstructured data to highly structured data.
- 6:21So speech to data, speech to schema, speech to workflow.
- 6:25And that was the triple challenge that I took or the problem to solve when we founded iota.
- 6:32Okay, all right.
- 6:34So you founded this company five and a half years ago.
- 6:38So that would have been what, late, late 2019?
- 6:42Yes.
- 6:43Correct.
- 6:44Okay.
- 6:44And so that was long before AI was a household name, you know, like it is today.
- 6:50So what, what was when you had this idea and you realized that, you know, the speech and the data and that there was this big opportunity and given where AI was time, I mean, how did you go about
- 7:04getting started?
- 7:06It's incredible because one of the challenges is when you do things slightly ahead of time.
- 7:12So first, you know, when we talking and I'm dealing with AI again since 2015, but when talking about the importance of speech and why speech, back in 2019, 20, 20, 2021, still people looking at like, almost like, ain't
- 7:25broken, don't fix it.
- 7:28So I had to find some tangible, you know, I know it sounds cheesy, but the three letters I love the most in English language is R O, N I.
- 7:36So everything, if you can do things which are measurable, are quantifiable, that can show value.
- 7:40And I'll give you an example.
- 7:41One of our very first clients was a meat producing company, one of the largest meat producers in the world.
- 7:47And turns out that every day when they start the day, they have to complete a regulatory mandatory process.
- 7:54It's called pre op.
- 7:55Pre OP inspection is 20 pages.
- 7:59They have to inspect every piece of machinery before the start of the day.
- 8:01Takes them on average two hours.
- 8:03Production is out on those two hours.
- 8:05And I said, what if I'm going to take that entire process and turn it to speech based, hands free, paperless.
- 8:10They're going to walk and talk and information will be filled automatically.
- 8:14We were able to take it from two hours that took manually to 46 minutes.
- 8:20First, for this razor thin margin industry to be able to provide an hour plus of free production per shift of per day.
- 8:29It's very dramatic and quantifiable.
- 8:32Second, the biggest impact beyond efficiency is the fact that now we created data that previously was just going to the filing cabinet.
- 8:40Now that becomes raw material to the AI tools.
- 8:43You can connect the dots beyond what human eye can see or human brain can process and you can constantly get evergreen, ever learning insights and intelligence.
- 8:51So all of a sudden I can feel like, okay, we're starting to get people to understand because it doesn't matter how small or big you are, you still have to do more with less.
- 9:01You still have to work on efficiency.
- 9:03You still need to be safer, you want to be smarter, you want again, multinational to be able to speak a single language, even though I speak so many different languages.
- 9:11And I followed, I call it the pain trail.
- 9:15Identify where the pain is.
- 9:17And I was able to show them.
- 9:19Not far from you, north of the border, there's a big supermarket chain, a $19 billion supermarket chain and French Canadian by the way, is a very challenging language.
- 9:29They have to do a simple process.
- 9:30They have to check the temperature of the meat inside the refrigerator.
- 9:34And it's highly regulatory, mandatory.
- 9:36Ministry of Health.
- 9:37On the first 600 stores alone, we saved them more than 110,000 of hours that went directly to EBITDA.
- 9:46So all of a sudden people realize it's not just cool technology, it's absolutely a necessity of something that allows you to stay in a game, number one and show tangible results.
- 9:58If I'm working with one of the largest package delivery companies in the world and they got more than 100,000 vehicles in the US and every vehicle need to be inspected every morning and have a 40 point checklist that
- 10:09on average takes between 15 to 20 minutes.
- 10:12And now speech based, hands free, paperless, the walk and talk on the forms being filled in 48 seconds.
- 10:17So I saved more than 14 to 19 minutes per vehicle per day times 100,000, which is incredible.
- 10:23But then because we connected the dots, they know how the tires behave in Miami, Florida versus how to behave in Toronto, Canada.
- 10:30And that's very different.
- 10:31And that's impact procurement and that's impact service and so on and so on.
- 10:34So all of a sudden we start to realize we identified those critical parts then great example not far from you, we met with United Airlines.
- 10:44United Airlines is the largest airline in the world, 1047 aircraft.
- 10:48And they realized that the biggest asset they have is not the largest fleet of airplanes, but rather the data, the fly to the system that currently is uncaptured and unstructured.
- 10:59We started from baggage handling, so if you lose your bag to fill the form in speech and retrieve it by speech to safety and compliance, that now becomes a culture thing.
- 11:08Everybody in United becomes now a safety ambassador.
- 11:11And now we're going across the board to the point that United would like to have any data entry.
- 11:17Of course, everything to be done by speech.
- 11:20So we have done it with the largest airline in the world.
- 11:23And then we work with one of the largest pharmaceutical companies in maintenance.
- 11:27And processes that took previously 900 minutes are now completed in 400 minutes.
- 11:33But not only that, in each flow they were able to capture in 900 minutes 4.3 words per description.
- 11:39Now in 400 minutes they're capturing 12.5 words per description.
- 11:43So we shorten the time for less than half, close to one third and we triple the amount of data.
- 11:48Now they can open up tickets on a fly from the floor.
- 11:51And then we're talking to one of the largest rental car companies.
- 11:54Try to imagine you return your vehicle right now and the entire return process is by speech.
- 11:59Any language, any accident, any acoustic environment, that information is flying.
- 12:03And from the automotive industry to the aviation industry to the pharmaceutical to manufacturing to supply chain to logistics, everywhere that where data is critical, the ability to capture the speech.
- 12:14And now we cross the chasm because now I'm getting companies that realize speech is the way to go.
- 12:21I don't need to educate the market.
- 12:22So it's incredible if you think about the journey is first of all to convince people why to do it.
- 12:28Second, to overcome and invest in the technology and then get to this place where finally the aha moment.
- 12:35And now we got there, we got to that point, but now I'm hitting 1000.
- 12:39Okay.
- 12:40Every time we swing the bath right now.
- 12:41Doesn't matter which company I'm talking to.
- 12:44It's an immediate use case that grows to dozens of use case to truly transformational change within the organization.
- 12:50And I'll tell you something, because you mentioned that it's my six startup forward, exceptionally successful sold.
- 12:57I never experienced in my own benchmarks such an incredible transformational experience because it's bigger than a given company.
- 13:06It's the a lot of different things happen at the same time.
- 13:10The maturity of AI, the, the connectivity around us the mindset of the people and the need for speed or need for efficiency and the ability to connect them with a simple solution that I can deploy on any Android
- 13:26or iOS device, regardless of what is the maturity, digital transformation maturity of the specific customers.
- 13:33Anyone can benefit from that tomorrow morning.
- 13:36Okay, so you've had this company five and a half years.
- 13:40What was the process like developing this technology and kind of refining it to where, where it is today?
- 13:47Like where you, like you said you're batting a thousand and you're working with these major, you know, Fortune 500 companies and incredible use cases and that sort of thing.
- 13:58I mean, what was the journey like developing the tech to this point where it is now?
- 14:03So several things.
- 14:04It's a great question, by the way, which has really been asked, but it's a nice journey for me, even in my mind right now, to reflect backward because while I had this vision, I'm not a speech expert and
- 14:14I was searching for the best speech experts I can find in the world to get some stamp of approval.
- 14:20And I found one of them which happened to be at the time leading the Alexa research for Amazon.
- 14:25And after a short period of time he said, amir, you're onto something really big here.
- 14:28You haven't offered me a thing, but I already accepted.
- 14:31If you want me, I'll drop Amazon on Heartbeat and join you as a chief scientist.
- 14:34And he did.
- 14:35So first, we build a world class research team.
- 14:38It's an all star team of researchers.
- 14:41Second, without going too technical, but the big LLM guys today are using constantly brute force to boil the ocean, if you will, and then to try to narrow down to your specific use case, I say, why the hell
- 14:54I need to boil the ocean in order to make coffee.
- 14:56All I need is that much water.
- 14:58And we came with a complete different approach.
- 15:00We came with a unique approach that basically said we identify four key components.
- 15:05One, we need to overcome the jargon.
- 15:06Nobody ever pay attention to jargon.
- 15:09Second, we need to be able to separate the noise from the signal.
- 15:12Third, we need to deal with any acoustic environment and forward, we need to turn the speech not to text, but speech data.
- 15:18And we went deep and doubled down on IP and we're able to do something which nobody did before.
- 15:25So I don't need to train models, that's for argument, say right now, you, big warehouse in Korea, okay?
- 15:32And it's a language we don't speak.
- 15:34And there's a specific form that over there.
- 15:37All I need from them is that one specific form in Korean that we don't Speak I don't need data to train it, all I need is a list of keywords.
- 15:45We build a proprietary and patent platform, it's called Jargonic that in several hours gonna take this information.
- 15:51It's called zero shot meaning there's no training required.
- 15:54In few hours we're going to build a small language model for that specific process in Korean, in that warehouse, in those settings, in that acoustic environment with those jargon and accent, very close to 100 accuracy that you can
- 16:08deploy it on any Android or iOS device number one.
- 16:11And number two, we realize we never play a lot, we need to play nice.
- 16:15So whatever back end system you have, if it's a erp, if it's a Oracle or SAP or CRM like Salesforce or whatever, we have a simple API that we can integrate the information and fit it wherever you need.
- 16:27That's a big pivot which we did about two and a half years ago.
- 16:30So from taking just developing this incredible technology and amazing speech to data skills to go after pre existing processes and just take one process at a time and transform it once we hit.
- 16:46So one was to understand we're going to do something completely different.
- 16:50We build a lot of ip, we have multiple patents about this specific technology, we secure this highly defendable four areas that nobody can do better than us.
- 16:59And that put us in a position today that we outperforming companies that invested hundreds of millions of billions of dollars in research because we took care of the critical path and now we package it per industry, per language,
- 17:11per acoustic environment.
- 17:13So that's an amazing journey.
- 17:15We learn a lot of things and you can see the point almost where the people took place about two years ago.
- 17:21Great.
- 17:21We have great technology but now we found the best way to apply it to where it makes the biggest impact.
- 17:27And for me it's amazing.
- 17:28You know I was in London yesterday with one of the largest airport operators in the world.
- 17:35They got it.
- 17:36300 airports, they got it.
- 17:37Dozens and dozens use cases.
- 17:39Last week I was in one of the stock exchanges, they got it.
- 17:42They want to use all the orders on a floor, tickets by speech, tweet.
- 17:48As previously I was the C level executive again of rental car companies and all.
- 17:52So it doesn't matter which vertical.
- 17:54I enjoy working in those meetings because I'm never going to learn what they already forgot about the business.
- 18:00But once we demonstrate the order that possible, you can almost hear the wheels turning in their heads with immediate use cases where we steer them to where we can make the biggest impact at the shortest period.
- 18:11Of time with minimal obstacle possible.
- 18:13And one thing I learned, success.
- 18:15Breed success.
- 18:16And once you achieve it quickly, then you're golden.
- 18:21Okay.
- 18:22All right.
- 18:22So it took, sounds like it took several years before you really hit your stride.
- 18:27And two years ago, I mean, that's around the time too that I really started to, you know, burst on the scene.
- 18:33Was there, was that, was that a part of just the, you know, I mean, almost like a perfect storm in terms of you just got the technology right and then everyone started to realize what AI was.
- 18:45I think that's the two words that's the perfect description, the perfect storm.
- 18:48Because sometimes some things are up to us, some things are not up to us, but it seems like all, everything happened just at the right time.
- 18:55You know, the technology mature to the level that, no, I can take it to the next level.
- 19:01I know how to apply it.
- 19:03I don't need months to handle clients.
- 19:05I don't need weeks, I don't need days.
- 19:06I can do it in hours.
- 19:07So now I can do it at scale.
- 19:09I prove and validate it and the awareness around it.
- 19:13You know, I made a self made, self made, not funny joke to illustrate to my team the opportunity in front of us.
- 19:20And I say, no, we have a French chef, French ingredients and French kitchen.
- 19:25We must do better than a French toast or French fries.
- 19:28So that perfect storm put us in a great position.
- 19:31Like, you know, we're not here for the plain vanilla.
- 19:33Not due to respect to playing vanilla.
- 19:34It's great.
- 19:35But yes, it's a combination of our own maturity, but even more so, the global maturity around AI, the acceptance across organization and everything is moving so fast.
- 19:48You know, you and I've been around enough to recognize there are a lot of things that happen, okay, from, from the Internet to connectivity to smartphones, nothing moves so fast as this revolution.
- 20:02It's bigger than any other revolution we face in the past.
- 20:05One, from a, from the agriculture to the industrial to this one.
- 20:09And this is bigger by far.
- 20:11So timing, timing, timing, but being at the right spot, at the right time with the right technology, yes, that's a perfect storm.
- 20:19Okay, all right.
- 20:20And then how, how is your role evolved too?
- 20:23Because it sounds like you're, you're kind of, you know, you're like the president, you're a co founder.
- 20:29Sounds like you're tasked with really bringing on new business and dealing with all these companies and doing presentations and whatnot.
- 20:37Is that, is that what your day to day looks like A lot.
- 20:40It's a great observation because I took the role as A co founder to be the CEO for the longest time.
- 20:46So basically all those years of building the teams and building the product and validating and dealing with all the day to day operation 24 7.
- 20:55I was doing that to the point that about a year ago we realized, okay, we got halfway to the promised land.
- 21:02But you know, one of when I'm bumping to clients sometimes and you know, you try to pitch the technology or whatever and you get a sense like they're very happy where they are, they don't want to move forward.
- 21:14I ask them, can I write something on the wall?
- 21:16I say sure.
- 21:17And I write Dave wbyh, WBYT and says that's in Hebrews and no, that's what brought you here, will not bring you there.
- 21:30And the same applied for Iola.
- 21:32And by the way, this is a great experience that only when you're a seasoned serial entrepreneur, problem solver, you know, they recognize you cannot apply the same game plan across the board, across stages.
- 21:44You need to be able to adjust on the fly.
- 21:46You know, we talk football before we start this recording.
- 21:48The best coaches in the NFL are the one that can make the adjustments on the fly.
- 21:53Okay, you had your game plan, but things changed.
- 21:55Somebody got injured, the other team is doing other stuff.
- 21:57The ability to adjust on the fly.
- 21:59So we realized we have a huge opportunity.
- 22:01We got to a great position.
- 22:03But for me to continue to run the day to day operations from no disrespect to any of those, to HR to procurement, to it is taking very valuable time from what I do best.
- 22:13So I brought a very strong COO that's capable to run the operation.
- 22:18My co founder joined full time to the company so he can take the CEO and I can be 100% of my time under the title of co founder and president.
- 22:26But I'm 100% of my time responsible right now for strategy, for business development, fundraising that you never stop raising.
- 22:35You saw the announcement probably about a few weeks ago.
- 22:38We just did another $25 million round.
- 22:40On the round we wanted to fund 15, ended up with 25 and now we even expanding it.
- 22:44So that's what I'm doing now, building those strategic partnership alliances, the overall strategy and that's what I enjoy the most.
- 22:52And I think understanding where we at and make the adjustment on a fly to equip ourselves to the next phase was a very important step that we took about a year ago.
- 23:02Ah, okay, okay.
- 23:04Appreciate you, you know, detailing that.
- 23:07No, and actually nobody ever asked me the question.
- 23:09It's the first time I'm opening the kimono and explaining everything that happened behind the scenes.
- 23:13So you have something that nobody heard before.
- 23:16Yeah, well, especially be it being a co founder of a startup.
- 23:20And it sounds like there's rapid growth.
- 23:23I mean, sometimes too, right?
- 23:25That, that's, you know, there's, there's never, it's like there's never enough hours in the day when you're dealing with the team and then you're always thinking about sales and growth and then you're fundraising.
- 23:35Right.
- 23:35So yeah, being.
- 23:37That sounds like a great move for you guys where you brought in help to deal with the day to day and you can really focus your zone of genius with, you know, scale.
- 23:46Absolutely.
- 23:47And I tell you one other thing which is very, very important.
- 23:49You know, everybody likes to talk about success and don't get me wrong, I'm very proud to talk about it.
- 23:54I believe my failures were way more important to my success than the, the success stories.
- 24:00Okay.
- 24:01And sometimes I found myself dealing with a client and a client gets super excited about the technology and I found myself like, say, hold on a second.
- 24:10I'm very proud of our technology and I'm confident in our ability to generate value, but I can guarantee you failure first.
- 24:17Say what?
- 24:19I guarantee you failure first.
- 24:21And that failure, failure is so critical for success.
- 24:25Especially if you fail quick, fail hard, you know what not to do.
- 24:29And that allows you to be able to make the adjustment on the fly.
- 24:33I'll give you a very fresh example.
- 24:35We're dealing right now with a very large German client and we build a language model for that specific process in German.
- 24:43And we are very proud of that model.
- 24:45But when they deploy it, the performance was horrible.
- 24:47Dave, what turns out is the actual users were immigrants from Turkey who speaks Torque German.
- 24:56It's a version highly accented with Turkish accent.
- 25:00No model off the shelf was ever built to deal with that.
- 25:04The beauty of what we do is we have the ability on the fly to record that and automatically build a language model not for German, but language model for Turks, German in those settings, etc.
- 25:17Etc.
- 25:17So we had to fail first in order to make the adjustment specifically to the setting here, with this accent here, with the background noise here, etc.
- 25:26Etc.
- 25:27So in order to do so, it's never a laboratory test, it's always battlefield test.
- 25:33Okay?
- 25:33In battlefield, you get dirty, you get scratched, you get injured, you're learning, you're tired, you're sweaty.
- 25:40But as long as you know what you're doing and you know how to guide it, and this Is by the way, once you develop that confidence that whatever come your way, you will handle it.
- 25:50Because one thing I always assure to our partners and clients, nobody can be as more committed or dedicated.
- 25:55We are and we have the best brains in the world.
- 25:57We get things done, there's no question about it.
- 26:00But sometimes in order to get things done, we need to make some, some failed attempts so we can fine tune it.
- 26:06What's the best way to do it?
- 26:07And that's a very important part of a startup journey, especially when you're moving for, from early stage to growth stage.
- 26:16Yeah, yeah.
- 26:17And like you said too, as you've kind of like listed off successes and how the company's grown throughout this, throughout this interview, talking about the failure and that being even more important, I'm sure that's something other entrepreneurs listening
- 26:31can certainly resonate with.
- 26:32Because, you know, failure is part, it's, it's a necessary part of success.
- 26:38It's a, it's, it's, it's a critical part of success, in my opinion.
- 26:40Yes, it's absolutely, it's a necessity.
- 26:42But if you fail to learn from your failure, shame on you.
- 26:46Okay, you don't want to eat this empty calorie.
- 26:49If you have to suffer that pain, you better learn the lesson to make sure not even get close to that pain that you felt.
- 26:57Very true.
- 26:58Okay.
- 26:58All right.
- 26:59And so with as far as you've come in these last five years and where the company is positioned now, I mean, what's next for Iola?
- 27:07You know, it's incredible because I think the game just started.
- 27:10I'll give you a fresh example.
- 27:12So we build this tremendous partnership because I believe this is moving so fast.
- 27:16It's not just about us.
- 27:18So we partner with Accenture.
- 27:20Accenture is 900,000 people that realize that Iola can bring a very key component to what to do.
- 27:26We partner with USD Global, then we partner with Nvidia.
- 27:29And Nvidia, you know, today is not only the wealthiest or the richest company in the world for trillion dollar, but it's really the gold standard.
- 27:38And Jensen, the CEO is rockstar.
- 27:42And they have their own event, it's called gtc, which is Woodstock.
- 27:45Okay.
- 27:46To people still understand what Woodstock was.
- 27:48But a few weeks ago, GTC, Nvidia's GTC took place in Paris.
- 27:55And unprovoked on his keynote speech, Jensen spoke about Iola.
- 28:00And now the GPUs of Nvidia is empowering Iola to transform the biggest players in the world.
- 28:06So we're getting tremendous recognition and Those partnership allow us to get rich and distribution to get scale.
- 28:13And so now we can do multiple things.
- 28:15For example, we can take, like I mentioned before, any specific process or workflow and with IOLA application just deploy this use case as I mentioned a few minutes ago about the Korean warehouse, for example.
- 28:26That's great.
- 28:27Then I got a great piece of advice from the CTO of SAP who told me, Amir, this is amazing, but why do you build an API?
- 28:34So any existing application you can apply to, so the data entry can be done by that in a few weeks time we got it and then we fully integrated to Salesforce for example and one of the largest consumer
- 28:46companies right now, 5,000 salespeople using that.
- 28:50Just finished a meeting with Dave.
- 28:51I walk into the car, I'm talking about the weather, I'm talking about the practice this afternoon, I'm talking about the NFL coming up in two weeks.
- 28:58And then I'm talking about the deal.
- 29:00By the time you log into Salesforce, the relevant information and only relevant information is already sitting there.
- 29:06But it doesn't stop there because everybody today talks about agentic or AI agents.
- 29:11And Jensen claims that AI agents are going to be multi trillion dollar opportunity and.
- 29:15Absolutely right.
- 29:17But guess what, Dave, Even AI agents need to be prompt and speech is still the most natural form of communication.
- 29:23And you're going to stumble to the same fundamental challenges we already solved.
- 29:27So now we're taking care of existing processes through the application.
- 29:30We can attach it to any existing application through an API and we are fully primed right now to support any agentic environment.
- 29:39So IOA took care of the past, present and the big future in front of us.
- 29:43So I think again it's such an exciting journey and we put ourselves right now in the biggest stage and got tremendous exposure.
- 29:51And between Nvidia and United and then Fast Company selected Iola as one of the 50th most innovative companies in the world.
- 29:59All three things happen like in a four week span in the summer.
- 30:03The exposure is incredible.
- 30:04Fundraising changed completely.
- 30:07The exposure to different industries and replication.
- 30:10So to those partnership and alliances, I definitely believe that we earned the right to eventually become a multi billion dollar.
- 30:17Multi billion dollar company.
- 30:20Wow.
- 30:21Okay.
- 30:22All right.
- 30:23And Amir, if people listening to this, they want to reach out, learn more about what IOLA does, how they can potentially use the service or reach out to you for any other reason.
- 30:34What's the best way people can get in touch with you?
- 30:37Absolutely.
- 30:37So one again, Iola website is very, very informative and it's Iola AI that's it.
- 30:44And you sit there and there's a lot of.
- 30:45We release research papers and we talk about the challenges we encounter.
- 30:49And again, I'm always accessible and happy to talk to people and happy to assist.
- 30:55And it's very simple.
- 30:56It's amiriola.com.
- 30:58that's it.
- 30:59And you'll find me.
- 31:01Okay.
- 31:01All right.
- 31:02We'll link all that in the show.
- 31:03Notes for everyone.
- 31:04All right.
- 31:05Perfect.
- 31:06Amir, thank you so much for taking the time to be here and sharing all this valuable wisdom from your journey with our listeners.
- 31:11We greatly appreciate it.
- 31:13Thank you for the time.
- 31:14I enjoyed the conversation very much and would love to talk again soon.