Artificial Intelligence is still a little understood concept. Most people still imagine a humanoid when they think of AI. Precisely why, we are trying to bring out specific use cases of AI to explain the technology better. We talk to Bharath Rao, CEO of Precily, to understand how they are using AI.
1. Tell us about Precily, how is it unique?
Precily is an AI based text summary engine that can be deployed on a variety of platforms.
- Can you mention some specific use cases? Something in the making that is not launched yet?
Precily churns text generated in different verticals anc converts them into an easy to consume format. This saves executives, students, researchers considerable time and money.
Further, Precily can convert long business discussions into brief snippets obviating the need for taking notes
- Given that AIs can be trained in any language, would we see Precily developing non-English abilities too?
Presently, Precily is focussed on the English language documents. However, the non English speaking audience is at least four times as large in India. Regional Indian languages are an important milestone for us achieve in the future.
- We recently did a story on DheeYantra which uses AI for conversations in regional languages. The language and AI segment is still a niche. Did you face any talent issues while developing your solution?
AI needs to be augmented with inputs from human experts. We think training AI engines to learn from human experts and real users to perform on-the-go is where top class talenet is needed.
- What sort of partnerships are you looking for?
Firms that can facilitate converting these opportunities into monetizable streams would be ideal partners of Precily.
Read about other brilliant startups in the series with #ThePitch