Flashback: BootstrapLabs Applied AI Conference – How AI + Networking Can Solve “Unsolvable” Problems

The BootstrapLabs Applied Artificial Intelligence Conference 2019 #AAI19 brought together the brightest and most experienced experts in the field of AI for an immersive day of learning, discussion, and connection.

On BootstrapWorks we have released the videos from this past conference to relive the moments and spread the knowledge around the diverse topics covered by our experts on stage. 

BootstrapLabs has built a community of more than 40,000 people from over 60 countries who care about applying Artificial Intelligence to solve the hardest problems of our society.

Get access to practical wisdom on Applied AI methodologies and take advantage of AI’s powerful potential, sign up here to receive the videos directly into your inbox. 

Though Applied AI is widely known for its role in facial recognition and self-driving technology, few people think of AI when they think of computer networks. As computer networks become increasingly complex, encrypted, and under attack, machine learning and applied AI is well situated to support keeping networks safe while maintaining privacy. From finding malware in encrypted traffic without decrypting the traffic to moving from Cloud-based ML to distributing ML across Edge and Cloud, applying ML and AI to computer networks can lead to improved scalability, cost, and privacy.  Join VP and CTO of Cisco’s Enterprise Networking BusinessJohn Apostolopoulos, as he discusses the next generation of computer networking.

Speaker: John Apostolopoulos, VP/CTO of Enterprise Networking, Lab Director of Innovation Labs, Cisco

Some of the key takeaways from the session are:

  • Cisco uses AI to:
    • count people to automate processes in buildings or to display individual names in video-conferencing.
    • detect and classify irregular noises to propose muting audio during video calls.
    • identify problems in large networks and propose solutions.
    • identify which devices are on the network to increase efficiencies, reliability and security.
    • identify malware in end-to-end-encrypted traffic without requiring decryption.
  • Reasons for moving AI processes to the edge of the network (instead of in the cloud or at the client side):
    • In video analytics, sensors create plenty of data even with compression
    • Cloud-based ML has issues with bandwidth, latency and privacy. If we move execution and learning to the edge we gain reduced bandwidth, improved scaling, lower latency and privacy-preserved learning. The question that many institutions research is how we can aggregate learning across multiple edges.
  • Cisco achieved privacy-preserved learning with AI at the edge by generating synthetic images of people that captured the key attributes needed by the AI agent but preserved the privacy by anonymizing the images.
  • We need more of these tools that analyze if a system successfully preserves privacy. If we jointly design networking and AI carefully together, we can solve a lot of current issues and provide the base for new technologies like AR/VR, autonomous vehicles, blockchain and smart cities.

About John Apostolopoulos:
As VP and CTO of Cisco’s Enterprise Networking Business, John Apostolopoulos is designing the next generation of computer networking. His work includes wireless (from WiFi to 5G), Internet of Things, multimedia networking, visual analytics, and machine learning. John is an IEEE Fellow and was named “one of the world’s top 100 young innovators” by MIT Technology Review, and contributed to the US Digital TV Standard (Engineering Emmy 1997). He published over 100 papers, receiving 5 best paper awards, and about 75 granted patents. John was a Consulting Associate Professor at Stanford and received his B.S., M.S., and Ph.D. from MIT.

Founder Stories – GetAccept

GetAccept – Applied AI and Enterprise Productivity

Historically there has been a perception that if an employee was not in the office, they were not working. This year’s pandemic has forced millions of companies across the globe to shut down their offices and ask their employees to work remotely. Yet, contrary to expectations, many organizations, large and small, have experienced a boost in productivity, primarily driven by the adoption of new software technologies.

Stocks from enterprise productivity software companies such as Zoom (ZM +487%), Docusign (DOCU +205%), Okta (OKTA +113%), and Slack Technologies (WORK +89%) have displayed impressive gains this year – and reflect a clear signal that economies and their businesses have not stopped working, but transformed into a more digital and decentralized enterprise model. The worldwide acceleration of this digital transformation is in turn creating an explosion of new data that creates exciting new opportunities for automation and artificial intelligence applications.

For the past five years, BootstrapLabs has been investing in AI applications that are accelerating Enterprise Productivity and defining the Future of Work. One of our portfolio companies – GetAccept – has been helping companies accelerate their sales throughout the pandemic, and recently raised a $20M Series B round led by Bessemer Venture Partners, with participation from existing investors such as BootstrapLabs, DN Capital and Y Combinator.

GetAccept helps small and medium-sized businesses, and their sales reps, close more deals remotely by enabling, prioritizing, and automating more personalized, engaging, and convenient asynchronous sales communication and contract execution.

GetAccept has been a BootstrapLabs portfolio company since 2017.

Samir Smajic is co-founder and CEO at GetAccept. He has more than 10 years of experience in CRM solutions. He has prior experience working with co-founders at Lime Technologies AB. Samir received a Master of Science in Mechanical Engineering at Lund University.

Jonas Blanck is co-founder and CTO at GetAccept. Jonas prior served as CTO and worked for over 10 years in email marketing and has developed solutions for email designing, deliverability enhancement and advanced email marketing. Jonas received a Bachelors of Science in Computer Science at Lund Institute of Technology.

Carl Carell is co-founder and CSO at GetAccept. Carl co-founded Adsensus Denmark and helped the company to expand across Norwegian, Finnish, and Danish markets. He has over 10 years of experience in Sales & Marketing. Mr Carell received a Bachelors of Science in Business Administration concentration in Finance at Lund University.

Mathias Thulin is co-founder at GetAccept. Mathias founded Apsis ProspectEye, one of the most successful lead generation and marketing automation platforms in the Nordic countries. He has over 10 years of experience in Sales & Marketing. Mathias received a Master of Science in Engineering and Industrial Management at Lund University. He was awarded Entrepreneur of the year in Malmö 2020 – Tillväxt Malmö.

Flashback: BootstrapLabs Applied AI Conference – Enterprise AI Applications

The BootstrapLabs Applied Artificial Intelligence Conference 2019 #AAI19 brought together the brightest and most experienced experts in the field of AI for an immersive day of learning, discussion, and connection.

On BootstrapWorks we have released the videos from this past conference to relive the moments and spread the knowledge around the diverse topics covered by our experts on stage. 

BootstrapLabs has built a community of more than 40,000 people from over 60 countries who care about applying Artificial Intelligence to solve the hardest problems of our society.

Get access to practical wisdom on Applied AI methodologies and take advantage of AI’s powerful potential, sign up here to receive the videos directly into your inbox. 

Companies are under tremendous pressure to adopt AI technology across their organizations in order to stay competitive, with the majority of companies needing to re-invent their core products and services using proprietary AI technology instead of off-the-shelf SaaS solutions. Moderator Jaime Fitzgibbon, Innovation Strategist at Booz Allen Hamilton, leads a conversation with panelists Rahul Sachdev, Co-Founder and CEO of Fortella; Alex Holub, CEO of Vidora; Vidya Raman, Director of Product Management and ML at Cloudera; and Bahman Bahmani, Director of Data Science at Rakuten, about best practices and design principles for Enterprise AI. Panelists address how to make AI productivity gains accessible to as many people as possible across an organization, how to increase adoption of AI within an organization, and how to innovate faster by making the development process of AI for enterprise more inclusive of non-data scientists.

Moderator: Jaime Fitzgibbon, Innovation Strategist, Booz Allen Hamilton

Panelists: Rahul Sachdev, Co-Founder & CEO, Fortella; Alex Holub, CEO, Vidora; Vidya Raman, Director of Product Management & ML, Cloudera; Bahman Bahmani, Director of Data Science, Rakuten

Some of the key takeaways from the session are:

  • AI councils in companies have three main mandates:
    • Ensure a common understanding about AI and ML within the organization.
    • Create a tabular layout where investments in ML are being made and which represent the highest ROI.
    • Sharing case studies between business units and organizations.
  • Three main areas where value can be made with the help of AI in enterprises:
    • Operational excellence
    • Product leadership
    • Customer intimacy
  • Implementing AI: Data is the foundation of AI – make sure you have the right clean data pipeline into a centralized location and start small and collaborate early to tailor the data collection to the AI tool.
  • Regulation is important to preserve privacy and the option to delete PII needs to be built in the data structure, while it is also a driver for more automation in the data analytics process.
  • Enabling the AI tool user to override predictions or decisions is key for critical applications to give quality control over the system.
  • Three sources of scale at Rakuten:
    • Automation in DevOps to forward the full CI/CD pipeline from development to deployment.
    • Outsource data wrangling to junior positions which creates a good career path and frees the schedule for the data scientist who can focus on doing their most productive work.
    • Building and managing a globally distributed team.
  • The mindset of building everything in-house gets in the way of broader adoption of AI because talent is scarce and automation tools like Vidora help to solve time-consuming processes like data wrangling and modeling, enabling data scientists to focus on the problem itself.
  • Venture capital investment increased from $4B in 2016 to $10B in 2018 which produced many tools that can be utilized rather than building everything in-house.
  • Open source will be a tremendous opportunity for companies to experiment before fully committing and machine learning enables people to do more while opening up time for creativity.

About Jaime Fitzgibbon:
Jaime Fitzgibbon is Senior Associate at technology strategy consultancy Booz Allen Hamilton. Over the past 3 years, she has been building an innovation office focused on tracking technology trends and emerging tech solutions for client’s toughest mission challenges. She serves as a mentor to start-ups, has spoken and written articles on the core elements for building a viable innovation ecosystem, and developed the classroom of the future strategy for a local school. She serves on the board of the German School of San Francisco as well as other community organizations’ advisory councils.

About Rahul Sachdev:
Rahul Sachdev is the co-founder and CEO of Fortella – an AI-based Revenue Driven Marketing software company. He is a technology executive with experience in marketing, CRM and social domains. Prior to Fortella, Rahul served as the CEO of Get Satisfaction, an online community platform for marketing and customer support. Earlier Rahul was the head of content sharing and workplace products at LinkedIn, and General Manager of the Communications, Media & Energy product at Siebel Systems. Rahul holds an MBA from the University of Chicago’s Booth School of Business and a BSc with Honors in Electrical and Electronic Engineering from Loughborough University (UK).

About Alex Holub:
Alex Holub studied artificial intelligence throughout his academic career at Cornell University and during his Ph.D at Caltech. He has published over 15 academic papers and holds numerous patents in the areas of machine learning, computer vision, and artificial intelligence. Prior to co-founding Vidora, Alex was a technical and product management lead at Ooyala.

About Vidya Raman:
Together with different product teams, Vidya Raman has built and grown enterprise businesses as a product leader in several industry verticals ranging from Telecom, Healthcare, Energy and IoT. Most recently, she led product management for Cloudera’s AI platform, where she was responsible for making AI at scale a reality for customers spanning industries such as autonomous driving, biotech, banking to governments. Prior experience includes eMeter (Sequoia-funded, acquired by Siemens), Silver Spring (Kleiner funded and IPO exit), Medtronic (healthcare). Currently she is an early-stage venture investor.

About Bahman Bahmani:
Bahman Bahmani is a Director of Data Science at Rakuten (the 7th largest internet company in the world), managing an AI organization with engineering and data science managers, data scientists, machine learning engineers, and data engineers, globally distributed across 3 continents and in charge of the end-to-end AI systems behind the Rakuten Intelligence suite of products. Bahman has built and managed engineering and data science teams across industry, academia, and the public sector in areas including digital advertising, consumer web, cybersecurity, and non-profit fundraising, where he has consistently delivered substantial business value. He has also designed and taught courses, led an interdisciplinary research lab, and advised several theses in the Computer Science department at Stanford University, where he also did his own PhD focused on large-scale algorithms and machine learning, topics on which he is a well-published author.

Founder Stories – Myia Health

Applied AI and Healthcare: Myia Health developed an intelligent patient monitoring platform to better support patients with chronic conditions, a $38Bn industry. 

International Data Corporation (IDC) estimates that by 2020, over 2,300 exabytes (one billion gigabytes) of clinically-relevant data we will be generated, with the vast majority coming from non-clinical settings such as personal medical sensors. Thanks to its proprietary AI technology, Myia Health not only makes this data available to clinicians, but is also capable of providing key insights about the current and future health of patients, facilitating richer and personalized patient-clinician dialogue, increasing compliance, and allowing for better care-planning.

Myia Health’s intelligent patient monitoring platform supports patients with chronic conditions such as heart failure, chronic obstructive pulmonary disease (COPD), diabetes, and hypertension, a $38 billion industry in 2019, that is expected to surge to $130 billion by 2025. Myia’s partnership with Mercy Virtual is poised to revolutionize the industry and become a key standard of care in the upcoming “outcome based” healthcare system.

Myia uses AI technology to predict patient health status and augment the power of frontline clinicians with levels of patient insights that were previously inaccessible.

Myia Health has been a BootstrapLabs portfolio company since 2018.

Simon MacGibbon is co-founder and CEO at Myia Health. Simon has over 20 years of experience using technology to drive transformational industry change, in both consumer and complex B2B settings. Prior to co-founding Myia Health, Simon co-founded the Boston Consulting Group’s Digital Ventures business, where he led teams responsible for imagining, building, and investing in data-driven technology platforms to help some of the world’s most influential companies innovate with startup-like speed. Formerly, Simon was an Associate Partner at McKinsey & Co. and a leader in the systems integration area at IBM Global Services. He has a BSc from Otago University in New Zealand and a BA (Hons) in Applied and Industrial Psychology from the University of Canterbury.

Bryan Smith is co-founder and CTO at Myia Health. Bryan is a multidisciplinary executive leader applying advanced analytics, machine learning, and interactive data visualization methods to help organizations and individuals maximize the value of their data as an asset. He has proven ability to function as a key individual contributor as well as an executive leader, skilled at identifying the optimal balance between those functions as required by each unique role. Brian is an excellent communicator, able to convey complex ideas to client executives as well as speak the language of technical team members. He received a Bachelor’s of Science in Neuroscience and Chemistry at University of Southern California, and a Ph.D. in Neuroscience at Caltech.

Sam Rawstorne is co-founder and COO at Myia Health. Sam has over 20 years of experience growing teams and launching companies. He has extensive experience in Recruiting, HR. EIR at BootstrapLabs and BCG Digital Ventures. He received a Bachelor of Arts Hons, at the University of the Arts London.

The story of our Principal Luigi Congedo on Forbes Italia

On March 10th, Luigi was featured on Forbes Italia as one of the young emerging venture capitalists of artificial intelligence in Silicon Valley. Below you can find an extract of Luigi’s interview:

“Your work will fill a large part of your life and the only way to be truly satisfied is to do what you think is great work. And the only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle for it. As with all matters of the heart, you will know when you find it ”. So believed Steve Jobs, who was able to inspire many entrepreneurs and visionaries like him. Luigi Congedo , 31, venture capitalist of BootstrapLabs , arrived in Silicon Valley at a very young age, becoming one of the 30 under 30s of Forbes Italia for 2018. “Steve Jobs was the first great entrepreneur, inventor and visionary I was inspired by.” […]

“He comes from Naples.”

“I consider myself very lucky to have been born in Naples. My hometown has a great cultural and soul wealth. This has allowed me to be a social and positive person, qualities that have helped me to be successful.” […]

“Do you think AI can also be dangerous?”

“It is up to us – society, politicians and entrepreneurs – to decide how to use technology and innovation. BootstrapLabs philosophy is to choose investments that create long-term utility and vertical solutions in specific industries, such as healthcare, logistics, agriculture, energy, and smart government.” […]

“How has Covid-19 changed the world of investments?”

“Our core investment theses have not changed, but we have seen a strong acceleration of many tech trends. The coronavirus has caused an acceleration of digital transformation on a global scale and in all sectors.” […]

“What are the most interesting sectors in the future?”

“I think the use of artificial intelligence is among the most promising trends. Among the sectors I look at with great interest there are cybersecurity, healthcare and climate.” […]

Below you can read the full press release:

MILANO, Italy, Mar. 10, 2021 /Forbes/ — La storia di Luigi Congedo, il giovane napoletano diventato venture capitalist dell’intelligenza artificiale nella Silicon Valley. Read More.

Flashback: BootstrapLabs Applied AI Conference – Will AI Break or Save the Internet?

The BootstrapLabs Applied Artificial Intelligence Conference 2019 #AAI19 brought together the brightest and most experienced experts in the field of AI for an immersive day of learning, discussion, and connection.

On our BootstrapWorks we have released the videos from this past conference to relive the moments and spread the knowledge around the diverse topics covered by our experts on stage. 

BootstrapLabs has built a community of more than 40,000 people from over 60 countries who care about applying Artificial Intelligence to solve the hardest problems of our society.

Get access to practical wisdom on Applied AI methodologies and take advantage of AI’s powerful potential, sign up here to receive the videos directly into your inbox. 

Together, the lack of attribution models, an integrated identity, and the complexity of establishing global privacy and ethical standards within the core building blocks of the Internet pose a critical threat to the very fabric of our modern society. Moderator Daniel RiedelFounder and CEO of New Context, and panelists Erin Kenneally of the U.S. Department of Homeland SecurityHerb Kelsey of Quantum VaultJason Hoffman of MobileEdgeX, and Jonathan Ward of Atlas Organization discuss how AI has contributed to the exacerbation of state actors, terrorist organizations, and criminals’ political and ideologically motivated use of the internet for financial gain. The panelists also explore how AI presents an opportunity to alleviate that threat by strengthening our existing digital infrastructures and creating stronger platforms for the future stability, economic prosperity, and security of our society, companies, and citizens.

Moderator: Daniel Riedel, Founder & CEO, New Context

Panelists: Erin Kenneally, Portfolio Manager, Cyber Security Division, Science & Technology, U.S. Department of Homeland Security; Herb Kelsey, Founder & CEO, Quantum Vault Inc.; Jonathan Ward, Founder & CEO, Atlas Organization; Jason Hoffman, President & CEO of MobiledgeX.

Some of the key takeaways from the session are:

  • Currently, we do not have a collective mental model for AI and risk. AI is forcing a conflation of rights as well as individual, company and state interests like privacy, free expression, security, critical infrastructures etc.
  • AI is a tool and a strategy focused on optimization and care. It is very difficult to optimize something and thus important to have a strategy around how to optimize something and to understand all implications of that process.
  • AI is used in scoring and recommender systems, news feeds and search results and for classification prediction (crime, health etc.) which bears certain risks.
  • In a time of continuous accelerated change, it is important to go back to fundamental truths: The ability to generate unique insights via proprietary access to data is always advantageous.
  • If the delta between our growing AI capabilities and our expectations (laws: privacy, data protection, human rights etc.) continues to grow, we have:
    • Inefficient avoidance of risk.
    • Increasing tensions between legitimate stakeholders.
    • Undermining of trust in our ordering forces (law, markets etc.).
  • AI will break the internet, if:
    • It is in the hands of an attacker, allowing higher efficiencies in creating synthetic identities to simulate transactions, because this eliminates trust.
    • Automated social network behavior to influence politics as well as automated trolling or racist comments become the norm.
    • We fail to align our expectations with our capabilities.
  • AI will save the internet, if:
    • We use it successfully to protect, care for and optimize membership in open and insecure networks like the internet.
  • The pressure of the rise of China and its relationship with Russia on the liberal democratic world order will change everything on a geopolitical scale. We are going through two historical changes: Industry 4.0 and the rise of major-nation states with heated competition between two major world powers for the first time since the cold war. China as a leading investor in AI has a national AI strategy that aims to be the undisputed world leader by 2030 which shows the nature of this arms race. The alignment of state and company goals in China will lead to continued global confrontation of multinational companies with emerging champions from an authoritarian system.

About Daniel Riedel:
Daniel Riedel, the CEO of New Context, is an innovator in data security for highly regulated industries. He is a trusted authority in data security for the industrial internet, speaking before the US Senate Committee on Energy & Natural Resources, OASIS‘s Borderless Cyber and Johns Hopkins IACD, and has been published in the Washington Post, Federal Times, Wired and Dark Reading. Riedel has over 20 years of expertise building secure and scalable technologies, products and companies.

About Erin Kenneally:
Erin Kenneally is Program Manager in the Cyber Security Division of the U.S. Dept of Homeland Security, Science & Technology Directorate. Her portfolio comprises cybersecurity research infrastructure, privacy, security economics, and technology ethics. She manages the IMPACT, CYRIE, and Data Privacy programs. Erin is Founder and CEO of Elchemy, Inc., and served as Technology-Law Specialist at the International Computer Science Institute, Center for Internet Data Analysis and Center for Evidence-based Security Research at the University of California, San Diego. Erin is a licensed Attorney specializing in information technology law, including privacy technology, data protection, AI ethics and legal risk, trusted information sharing, and technology policy.

About Herb Kelsey:
Herb Kelsey’s time as Chief Architect for NSA/CSS LSI and at IBM as Federal CTO for cybersecurity heavily influenced his 25-year career. At NSA, he learned to engineer for global scale and secure systems against ruthless villains. IBM taught him product management and enterprise integration. He’s deployed these skills for corporations, our country, and our allies. Most notably, as the head of computation for U.S. National Counter-Terrorism Center (NCTC), the highest volume, most secure, yet heavily attacked analytic fusion center in the world. His passion is making the global, networked, world safe for transactions, private information, intellectual property and children.

About Jonathan Ward:
Dr. Jonathan Ward is the Founder of Atlas Organization, a DC and NY based consultancy focused on the rise of India and China, and US-China global competition. He is the author of China’s Vision of Victory, about Chinese global strategy and what America must do to respond. From travels in Tibet and across the South China Sea, to accessing restricted Communist Party archives, to consulting for the U.S. Department of Defense and Fortune 500 companies, Dr. Ward has brought the experience of a traveler and scholar, and the insight of a strategy consultant to one challenge: what does China want, how will it try to get it, and what should America do?

About Jason Hoffman:
Jason Hoffman is the President and CEO of MobiledgeX, a company focusing on edge computing and founded by Deutsche Telekom. Previously he was a CTO at Ericsson AB and was P&L responsible for their cloud and datacenter infrastructure business. While at Ericsson his group created the world’s first hyperscale, disaggregated system and led the market in the modernization of telecom infrastructure. Prior to Ericsson, he was a founder and the CTO at Joyent (now owned by Samsung), a pioneering high-performance cloud IaaS and software provider, where he ran product, engineering, operations, and commercial management for a decade.

Founder Stories – unitQ

Turning User Feedback Data into Product Success

In our hyperconnected world, no sector of the economy is untouched by software technology. Over the past two decades the very nature of all aspects of our daily lives has shifted as the digital and physical worlds converge into connected services.

It comes as no surprise that the financial impact of software quality issues (or “bugs”) has skyrocketed and is now estimated to cost the US economy over  $1 trillion each year (up from ~$60B/year in 2002; details here).

unitQ is an AI-enabled Quality Monitoring Platform that helps companies quickly find and  understand bugs and other quality issues in their software systems. unitQ’s proprietary AI technology aggregates, monitors, and analyzes user feedback from the Internet and other public channels (and over time internal data sources and systems) to identify quality issues in real-time. The company has already identified over a half million quality issues across a portfolio of multiple major software players and are on a path to this massive opportunity with their novel and proprietary platform.

unitQ has been a BootstrapLabs portfolio company since 2017. 

Christian Wiklund is co-founder and CEO at unitQ. Upon leaving VMware, Christian co-founded Skout, an Andreessen Horowitz-backed mobile network startup that earned $30 million in annual revenue, reaching profitability within six years. After leading Skout’s 2016 acquisition by MeetMe, Inc. — a market leader in social discovery — Christian co-founded unitQ. A native Swede, Christian is an avid surfer, a prolific tomato grower, and a proud father of three.

Niklas Lindstrom is co-founder and Chief Technology Officer at unitQ. As co-founder and CTO of Skout, Niklas led the company’s technology strategy, and product vision and design. Prior to Skout, he worked as a software engineer for embedded devices and hardware products. Outside of the office, Niklas can be found skiing the slopes of Tahoe or looking for his next travel adventure.

Flashback: BootstrapLabs Applied AI Conference – Life In The Fast Lane: What’s Different About Transportation AI?

The BootstrapLabs Applied Artificial Intelligence Conference 2019 #AAI19 brought together the brightest and most experienced experts in the field of AI for an immersive day of learning, discussion, and connection.

On our BootstrapWorks we have released the videos from this past conference to relive the moments and spread the knowledge around the diverse topics covered by our experts on stage. 

BootstrapLabs has built a community of more than 40,000 people from over 60 countries who care about applying Artificial Intelligence to solve the hardest problems of our society.

Get access to practical wisdom on Applied AI methodologies and take advantage of AI’s powerful potential, sign up here to receive the videos directly into your inbox. 

AI is a critical tool for using observed data to make and predict decisions. While most industries work with curated data, transportation is a different situation: self-driving cars rely on volumes of real-time information. AEye chief scientist Dr. Allan Steinhardt discusses the role of AI in abstracting and extracting the right information from a car’s environment, including how to deal with the influx of data in vehicle autonomy and ADAS. Additionally, he explores the role of transportation AI in smart highways and how smart cities with next-generation wireless (5G) will impact transportation AI trends.

Speaker: Dr. Allan Steinhardt, Chief Scientist, AEye

Some of the key takeaways from the session are:

  • If you look at the individual components of a system you learn nothing, it is important to understand the overlaying complex adaptive systems.
  • The mathematics of understanding complex adaptive systems is similar to mathematics of quantum theory.
  • If we think about AI for transportation in cities, we have to think like complex adaptive systems with all the different layers of meaning that intersect in very complex ways: Merging the different tribes of car makers, transportation engineers and Perception/AI engineers and their respective areas of focus is important to understand the different layers around transportation AI.
  • Signals from autonomous vehicle sensors are plotted in a point cloud, but the noise in the data can be used to identify road surface features, background light that is interfering with the laser etc.
  • MIT students were able to utilize RF exhaust noise from various wireless signals as a radar beacon to track humans through walls.
  • Massive amounts of RF bandwidth is being used for communication in transportation AI: One of six radars on a car might use 2 Gigahertz of bandwidth meaning that one car needs more bandwidth than dozens of cell-towers which is clearly not sustainable.
  • Complex adaptive systems do brokering between layers and today there are many start-ups that provide various technologies for brokering of communication networks.
  • Congestion represents a lot of wasted capital assets.
  • The current data mindset is the more data, the better. AEye’s mindset however is described as the latest time of value: Navigating space-time obstacles safely because it is essential to make a decision immediately since there will not be a better decision later in any traffic situation. Therefore it is essential to increase the quality of the data capture process which can be modeled to focus only on key objects like the human brain.

About Allan Steinhardt:
Dr. Allan Steinhardt is among the world’s most widely esteemed defense scientists. An IEEE fellow, he is a sought-after expert on radar, missile defense, GMTI and space surveillance. He was Chief Scientist for DARPA, co-author of a book on adaptive radar, and assistant professor in Electrical Engineering and Applied Mathematics at Cornell University, where he researched sensor arrays and optimal detection capabilities. Allan also served as chief scientist at Booz Allen at MIT Lincoln Laboratory, and director of signal processing for the defense industry with BAE/Alphatech. He holds a bachelor’s in Mathematics, and graduate degrees in Electrical and Computer Engineering from the University of Colorado, Boulder.

Founder Stories – Sibly

Someone to Talk to

The technology sector still is the engine of productivity and economic growth, and this pandemic is actually accelerating the digitization of many sectors.

Sibly – a mobile platform that provides companies the ability to give employees and their families on-demand support for a wide range of emotional and behavioral health challenges – is a great example of a start-up leader stepping up and making a difference in these challenging times. 

At the beginning of the pandemic, Sibly launched a US initiative that provides organizations, including employees and their family members, with complimentary three-month wellness coaching, which provides:

  • Someone to talk to, anytime, anywhere, anonymously, about anything. Sibly’s chat-based application has real people trained in empathic listening available to each user 24/7, within minutes, to address a range of concerns and challenges one may be facing.
  • Real-time navigation to the national COVID-19 resources, and individualized access to resources that meet a user’s specific needs.

“The effects of the current pandemic on communities have wider ramifications than just physical illness,” says Moe AlKadi, CEO and co-founder of Sibly. “Social distancing, while imperative at a time such as this, can have dire effects on our social, professional, and emotional lives. Our issues don’t occur in a vacuum, but are in fact complex and interconnected. What helps is simple: a friend in your pocket that understands the whole you and is able to give you the right help at the right time. We call that friend Sibly.”

Mohammed AlKadi has won many entrepreneurial Awards including 1st place at the Arabnet Startup Competition and the Henkel Innovation Challenge. He previously built Feelit, a social network that went viral in the Middle East with over 200K users. 

Paula Wilbourne is co-founder and CSO at Sibly. She has over 18 years experience building mental health treatment services and was the National Program Coordinator for the Veterans Affairs Medical Center. Paula earned a Post Doctoral Fellowship Health Science Researcher and Development from Stanford University, and a Masters and Ph.D. in Psychology, Statistics, Addiction, Program Evaluation at the University of New Mexico.

Omar AlEisa is co-founder & Head of Design at Sibly. He is passionate about mental health, wellness, and designing high-quality, user-centered digital products. As a seasoned founder and product designer, Omar built expertise in consumer products & user experience by designing and building scalable applications that have been used by hundreds of thousands of users. He received his Software Engineering degree with honors from King Fahd University for Petroleum and Minerals. When Omar is not working, he enjoys running, exploring new places, or doing both at the same time.

Flashback: BootstrapLabs Applied AI Conference – AI and Financial Automation

The BootstrapLabs Applied Artificial Intelligence Conference 2019 #AAI19 brought together the brightest and most experienced experts in the field of AI for an immersive day of learning, discussion, and connection.

On our BootstrapWorks portal we have released the videos from this past conference to relive the moments and spread the knowledge around the diverse topics covered by our experts on stage. 

BootstrapLabs has built a community of more than 40,000 people from over 60 countries who care about applying Artificial Intelligence to solve the hardest problems of our society.

Get access to practical wisdom on Applied AI methodologies and take advantage of AI’s powerful potential, sign up here to receive the videos directly into your inbox. 

Bookkeeping, accounting, and auditing are undergoing rapid changes, driven in large part by the ability to digitally automate tasks previously performed manually by humans. Machine Learning and AI are driving a shift across the entire industry with the technology already being adopted by firms and individuals at a rapid pace and low price point, enabling a shift from Cloud Accounting to Augmented Accounting. Cathrine AndersenCo-Founder of Roger.ai, discusses how in addition to making humans up to 20x faster in the bookkeeping and reconciliation process, machines can find patterns and put large data sets into perspective in a way no auditor would ever be able.

Speaker: Cathrine Andersen, Co-founder & CEO, Roger.ai

Some of the key takeaways from the session are:

  • Accountant and auditor jobs were predicted to be at high risk of being automated with the help of AI and since 2004, the number of FTEs in finance departments of large companies declined by 40%.
  • 90% of accountants and bookkeepers agree that the future is rapidly approaching, but only 10% think of themselves as innovative and 8% think the industry is “future ready”.
  • Areas of automation:
    • Day-to-day financial operations: Accounts receivable, Accounts Payable, Cash-flow management
    • Bookkeeping / Reconciliation
    • Compliance
    • Fraud detection / Prevention
    • Auditing
  • Product examples:
    • Roger.ai automates all the steps along the way by scanning documents and following determined flows within the platform. This gives the accountant the responsibility of supervision with integrated audit trails and fraud detection flags.
    • Pleo facilitates expense reporting.
    • Other companies include YayPay, Chata.ai and Mindbridge.
  • The accounting firms of the future will either include a few winners who create the next generation of AI/ML-driven accounting and auditing software OR existing companies will quickly adapt to automation tools in order to compete with major players and keep their clients.
  • In order to adapt to that change, re-skilling is essential to enable accountants and bookkeepers to focus on tasks like supervising the technology.

About Cathrine Andersen:
Cathrine Andersen is the co-founder and CEO of Roger.ai, an accounting automation product used by over 1,000 businesses and accounting firms worldwide. Starting with accounts payable and bill pay, Roger is moving the accounting industry from the cloud toward augmented accounting – one big step at the time. Originally from Denmark, Cathrine moved to the Bay Area in 2014 when her first company Assemblage was acquired by Cisco. She holds 2 US patents and was named Founder of the Year in her home country in 2018.

Founder Stories – Vidora

The future of work is digital, and the demand for the skills that enable this paradigm continue to accelerate. The biggest catalyst is the adoption of Automation and AI, that holds the promise to drive trillions of dollars in economic output in the next two decades.

At the same time, skills such as Data Science and Machine Learning that are required to implement these technologies are both scarce and highly sought after.

To enable enterprises to quickly deploy and benefit from AI, our portfolio company Vidora created a platform that enables fast deployment of Machine Learning, which processes pipelines without a deep bench of data scientists and engineers. In fact, many of their larger enterprises have scaled out their deployment of automation and Machine Learning without needing large engineering and data science teams by democratizing and accelerating the adaptation, deployment and constant improvement of AI models.

Their customers include some of the largest global companies, such as Walmart, News Corp, and Realtor.com, that leverage Vidora’s proprietary technology, Cortex, which intelligently learns from continuous streams of data to drive higher ROI across the enterprise. Cortex automates the most complex aspects of machine learning workflows and enables enterprises to quickly deploy and continuously optimize event-based predictions without the need for technical expertise.

Alex Holub, Co-Founder and CEO at Vidora, studied artificial intelligence throughout his academic career at Cornell University and during his Ph.D. at Caltech. He has published over 15 academic papers and holds numerous patents in the areas of machine learning, computer vision, and artificial intelligence. Prior to co-founding Vidora, Alex was a technical and product management lead at Ooyala. You can learn more about him by viewing his Bloomberg TV interview.

Abhik Majumdar, Co-Founder and CTO at Vidora, is responsible for the roadmap and build out of Vidora’s technology platform. He graduated from IIT and UC Berkeley with a Ph.D. in Electrical Engineering, Computer Science, and Information Theory. Abhik’s work has been published and featured in over 20 journal and conference articles. Before Vidora, he was a staff engineer and technical lead at Ooyala and an instrumental part of developing the first generation Flip Video camera.

Philip West, Co-Founder and Head of Product at Vidora, graduated with a bachelors in Computer Science from Stanford where he was part of the NCAA Champion Track team. At Stanford, he learned about product, human computer interaction, and design, which helped him start his entrepreneurial journey. After graduation, Philip joined Affinity Circles as a technical co-founder. Later, he joined Ooyala, as one of the first engineers where he helped build and grow the initial video platform and team before its acquisition.

Flashback: BootstrapLabs Applied AI Conference – AI Impact on the Global South

The BootstrapLabs Applied Artificial Intelligence Conference 2019 #AAI19 brought together the brightest and most experienced experts in the field of AI for an immersive day of learning, discussion, and connection.

On our BootstrapWorks portal we have released the videos from this past conference to relive the moments and spread the knowledge around the diverse topics covered by our experts on stage.

BootstrapLabs has built a community of more than 40,000 people from over 60 countries who care about applying Artificial Intelligence to solve the hardest problems of our society.

Get access to practical wisdom on Applied AI methodologies and take advantage of AI’s powerful potential, sign up here to receive the videos directly into your inbox. 

The Global South is home to some of the fastest growing economies on the planet despite being crippled by a general lack of traditional infrastructure, trade frictions, political and currency risks, and corruption. And yet, the benefits far outweigh the risks of bringing the next billion people into the Global Economy. In fact, massive investments are already being made in infrastructure, healthcare, IT, and transportation by governments, NGOs, and foundations alike. In this mini keynote and fireside chat, Chris Hale of Kountable and Jonas Svensson of UNOPS discuss how AI can empower entrepreneurs in the region by accelerating their growth, job creation, and taxable income recognition.

Presenter: Christopher Hale, Founder & CEO, Kountable

Panelist: Jonas Svensson, Head of Global Innovation and Technology, UNOPS

Some of the key takeaways from the session are:

  • The global south is a relatively new term that describes countries which are not high-income countries. They represent 5B+ people or 60% of the world population.
  • Africa’s population will double by 2050 and by 2100, 80% of the world’s population will live in Africa and Asia.
  • Entrepreneurs are engines of change in these emerging markets, but it is difficult to identify and analyze them and their behaviors.
  • Kountable built a tech platform that organizes entrepreneur behaviors as they access global markets with the help of NLP, currency forecasting, behavioral scoring & feedback loops to learn what a good trader looks like and to optimize and train against that behavior.
  • The UNOPS reach is $2B to invest globally, but to innovate inside such a large structure becomes difficult. Therefore, they invest in  innovation procurement from the private sector who are able to generate profits. The EU innovation procurement policy (2018) focuses on outcome and lifetime cost instead of upfront cost and usage which facilitates innovation.
  • Today, there is a funding gap of $15T to reach the sustainable development goals for 2030, which represents tremendous business opportunities for the private sector. This allows co-development with the UN, where private companies are enabled to keep the IP for usage in other sectors.
  • We need to make technology available and understandable by facilitating education to bridge the social gaps around the world: The motivational driver is not shareholder profit, but global change by bringing critical infrastructure to the fastest-growing markets in the world. For example, AI is used to analyze infrastructure, food waste and to predict extreme weather patterns to facilitate support.

About Christopher Hale:
Chris Hale is founder and CEO of Kountable, Inc., an SF-based start-up that combines data science, social capital and proven financial instruments to provide highly scalable financing solutions to underserved entrepreneurs in developing countries. Kountable creates a low-friction, cloud-based bridge between investors and a massive opportunity to finance the most promising and well-networked entrepreneurs in emerging economies. Chris also doubled headcount and grew assets under management almost six-fold as the COO of Perigon Wealth Management, one of 2014’s 50 fastest growing RIAs in the country, serving approximately 100 families and managing almost $1 billion in assets.

About Jonas Svensson:
Jonas Svensson is the Head of Global Innovation and Technology at UNOPS. The UNOPS Global Innovation and Technology program operates under the Social Impact Investing Initiative with the mission to facilitate innovation wherever it happens. Connecting with Global stakeholders who share the UN foundation values regarding sustainability and the understanding that Innovation happens everywhere UNOPS together with partners have created a toolkit providing Education, Incubation, Investment and Policy support.

Prior to the role with UNOPS Mr Svensson has worked within the startup industry for the past 20 years as founder, incubator manager, business consultant, investor, last as President for a Venture capital company headed out of Tokyo Japan. Mr Svensson holds a Master in Global Management from the University of Salford and is currently pursuing his PhD.

Congratulations to Cathrine Andersen and Christian Rasmussen – Roger.ai acquired by FLEETCOR, a leading global business payments company

BootstrapLabs is pleased to share that FLEETCOR Technologies, Inc. (NYSE: FLT) acquired our portfolio company Roger.ai on January 28, 2021.

The worldwide acceleration of digital transformation is creating an explosion of new data that creates exciting new opportunities for automation and artificial intelligence applications. Roger.ai provides businesses with an efficient way to manage bill payment and cash-flow. Roger.ai enables businesses to manage their accounts payable and vendors efficiently, by applying Artificial Intelligence to route approval of bills to the right person, detect fraud, and inject the resulting data directly into accounting or ERP systems. This saves small to medium sized businesses time and money.

Roger.ai’s two founders, Cathrine Andersen and Christian Rasmussen are serial entrepreneurs who sold their prior company, Assemblage, to Cisco in 2014. BootstrapLabs was the first institutional investor in Roger.ai in 2016 after the company was founded. BootstrapLabs has worked closely with the founders to support them in building Roger.ai to become a leading emerging company in the financial industry. With the acquisition by FLEETCOR, Roger.ai will be able to continue to build and expand their vision.

“Teaming up with FLEETCOR just makes sense. Roger is an emerging technology for SMBs, pushing the boundaries of every day processes like business bill pay and bookkeeping. Joining forces with a global payments leader like FLEETCOR gives us the power to grow and scale faster than alone”.

-Cathrine Andersen, Co-Founder and CEO

The acquisition will extend FLEETCOR’s portfolio of accounts payable automation solutions to small businesses, helping them automate their manual payment processes. The acquisition provides FLEETCOR with a proven, modern automation platform for B2B online bill payment.

“I am excited about FLEETCOR’s acquisition of Roger.ai. I still remember when Cathrine A. pinged me and told me that she and Christian Rasmussen were working on their next thing – I loved the vision right away, and that vision grew over time to build an amazing product that help businesses manage the pain of bills, payments, and the accounting mess that often follows. Now the Roger team and vision will grow to the next level, backed by one of the largest payment infrastructure companies in the world”.

Nicolai Wadstrom, Founder, CEO & General Partner of BootstrapLabs

Below you can read the full press release:

ATLANTA–(BUSINESS WIRE)–Jan. 28, 2021– FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced it has acquired Roger, a global accounts payable (AP) cloud software platform for small businesses. The acquisition will extend FLEETCOR’s portfolio of accounts payable automation solutions to small businesses, helping them automate their manual payment processes. Read More.

AI Policy, artificial intelligence

Flashback: BootstrapLabs Applied AI Conference – How AI will place Humans at the Heart of Healthcare

The BootstrapLabs Applied Artificial Intelligence Conference 2019 #AAI19 brought together the brightest and most experienced experts in the field of AI for an immersive day of learning, discussion, and connection.

On our BootstrapWorks portal we have released the videos from this past conference to relive the moments and spread the knowledge around the diverse topics covered by our experts on stage. 

BootstrapLabs has built a community of more than 40,000 people from over 60 countries who care about applying Artificial Intelligence to solve the hardest problems of our society.

Get access to practical wisdom on Applied AI methodologies and take advantage of AI’s powerful potential, sign up here to receive the videos directly into your inbox. 

The application of AI in healthcare is an exciting and complex area. AI promises to streamline trial-patient enrollments and support compliance, monitor patients remotely, discover biomarkers, and deliver better, faster, and cheaper diagnoses.

Moderator Margaretta ColangeloManaging Partner at Deep Knowledge Ventures, brings together panelists:

  • Karim GalilFounder and CEO of Mendel Health;
  • Simon MacGibbonCEO and Co-Founder of Myia Labs;
  • Nada HanafiChief Strategy Officer of Experien Group;
  • Dr. John RumsfeldCIO at the American College of Cardiology and Professor of Medicine at the University of Colorado.

The conversation focuses on how AI can fundamentally change the healthcare system: moving from episodic action plans to constant monitoring, from ICUs in hospitals to Intensive Home Care Units (IHCUs) deployed in patients’ homes, from the ability to run virtual drug trials to the possibility for trials of one. Watch the video for a conversation on the most exciting and imminent areas where AI will drive positive-impact in the healthcare space.

Some of the key takeaways from the session are:

  • The university of Hawaii Cancer center is analyzing 5 million mammograms from women on 5 continents with the help of AI to identify the role of ethnicity in breast cancer.
  • By 2030 half of the US population will have a chronic condition. 50-60 million Americans will even have 5 or more chronic conditions.
  • AI has not yet disrupted healthcare delivery since electronic health records are often messy and incomplete and do not represent high quality, clean digital data. AI technology however can consider all parameters, including those that would not have been considered by a researcher or doctor. This way predictions can be made and mistakes can be avoided.
  • The earliest opportunities for AI in healthcare are:
    • Interpretations and recommendations from pre-reading images from CT, ultrasound and MRI scans.
    • Risk prediction from wearable and non-wearable biosensor data.
    • Helping clinicians prioritize steps and areas of their treatment.
  • Growing the data set is the highest barrier for healthcare AI start-ups but growing a community can help attract patients for product trials.
  • The FDA cleared a few dozen AI applications in healthcare so far which are low to moderate risk, but they need to adapt their regulatory efforts: The cycles of change through software are faster and so far only locked algorithms have been cleared which do not allow continuous learning.
  • In April 2018 an AI tool was been introduced that diagnoses diabetic retinopathy in Type I and II diabetes and delivers a diagnosis within 5 minutes thereby removing the clinician.
  • Apple’s health analytic algorithm has been cleared by the FDA because it is considered to be working on any platform while the connected sensors (on the Apple watch) have not been approved but are considered as an off-the-shelf consumer device.
  • MyiaHealth focuses on three primary use cases:
    • Predicting negative events like imminent hospitalizations.
    • Personalization of the care plan.
    • Automation of clinical groundwork.
  • Myia Health works with passive sensor wearable partners, because data is only reliable if it represents a holistic view. If a user wears a sensor only 30% of the time, it is of no value for analysis in healthcare.
  • Mendel AI improves clinical trials with vision, inferencing and NLP research to accelerate the trial process. The platform automates processes and enables trial teams to find more eligible patients.
  • The Mendel Brain organizes all data in the records in a searchable, machine-understandable format that can bridge the missing gaps in patient data.
  • One of the main challenges to approaching doctors is the labeling of AI: Doctors can become defensive because they do not understand the technical terms around AI, but if they can simply see it as a tool they are open to improve processes. Cardiologists are seen as early adopters because they are generally computationally strong, tech conscious and understand statistics.

About Margaretta Colangelo:
Margaretta Colangelo is Managing Partner at Deep Knowledge Ventures, a Hong Kong based investment fund focused on DeepTech. Investment sectors include AI, Precision Medicine, Longevity, and Neurotech. Margaretta has been President of U1 Technologies since 2007, providing the communications infrastructure for stock trading platforms used by some of the world‘s top multinational investment banks. U1’s software is used at the core of large-scale stock trading applications. Margaretta serves on several advisory boards including The AI Precision Health Institute at the University of Hawaii Cancer Center, Robots Go Mental, and Woolf University – The World’s First Blockchain University.

About Karim Galil:
Karim Galil, CEO and Founder of Mendel AI, is advancing clinical oncology research by applying AI-powered EMR data solutions to current healthcare challenges. Karim is an MD with an entrepreneurial spirit. His first company Kryptonworx led health tech in the MENA region with customers like Pfizer and the Ministry of Health in UAE. Karim has also aided companies, such as Sirona and Straumann, in the field of medical image processing.

About Simon MacGibbon:
Simon MacGibbon is the CEO and co-founder of Myia Health, an intelligent remote monitoring platform. Simon has over 20 years experience using technology to enable transformational industry change in both consumer and complex B2B settings. Prior to co-founding Myia Health, Simon co-founded the Boston Consulting Group’s Digital Ventures business, where he led the creation of numerous data-driven software platforms while growing the global team to over 500 talented strategists, designers, engineers and data scientists. Formerly, Simon was an Associate Partner at McKinsey & Co. and a leader in the systems integration area at IBM Global Services.

About Nada Hanafi:
Nada Hanafi joined Experien Group in 2017 after working 12 years at FDA’s CDRH as a Senior Science Health Advisor, serving as an expert consultant and senior advisor in the Center Director’s office. Nada combines her deep institutional knowledge with innovative approaches to help companies successfully communicate product information to FDA throughout the product life cycle. At Experien Group, Nada leverages her years of reviewer experience and broad FDA exposure, helping medical device companies generate regulatory/clinical roadmaps for success. Building upon her strong engineering background, she helps organizations devise and position product performance testing and/or clinical studies to achieve major milestones.

About John Rumsfeld:
Dr. John Rumsfeld is the Chief Innovation Officer for the American College of Cardiology (ACC) and Professor of Medicine at the University of Colorado School of Medicine. Previously, Dr. Rumsfeld served as National Director for Cardiology for the U.S. Department of Veterans Affairs (VA), and as Chief Science Officer for the ACC’s National Cardiovascular Data Registry (NCDR) programs. Dr. Rumsfeld has more than 330 scientific publications and is past-Chair of the American Heart Association’s Quality of Care and Outcomes Research (QCOR) Scientific Council.

Congratulations to Sabrina Atienza and George Ramonov – Qurious.io acquired by Pegasystems, Inc

BootstrapLabs is pleased to share that Pegasystems Inc. (NASDAQ: PEGA) has announced the acquisition of Qurious.io on January 11, 2021. 

The worldwide acceleration of digital transformation is creating an explosion of new data that creates exciting new opportunities for automation and artificial intelligence applications. Qurious.io analyzes voice calls in real time to enable customer service teams to have a better understanding of conversations and customers’ emotions.

BootstrapLabs was one of the first institutional Investors in Qurious.io in 2016, after the company was founded with initial funding from angel investors that included serial entrepreneurs, and early Google team members. BootstrapLabs has worked closely with founders Sabrina Atienza and George Ramonov to support them in building Qurious.io, and the acquisition is a recognition of the incredible talent in Qurious.io.

Sabrina Atienza, Founder and CEO at Qurious

“We’re thrilled to join Pega and deploy our real-time voice A.I. technology for the world’s largest brands, accelerating their digital transformation and improving customer service, sales, and productivity. BootstrapLabs has been a terrific and supportive investor in our journey, a true partner at every step.”

The acquisition allows Pegasystems to gain access to the incredible talent and technology that Qurious.io has created to empower hundreds of the most important brands in global business with intelligent speech analytics.

Nicolai Wadstrom, Founder, CEO & General Partner of BootstrapLabs

“Working with Sabrina and George to support them in building Qurious.io has been a privilege and they are adding world class real time voice technology and expertise to Pegasystems’ product family through this acquisition”.

Below you can read the full press release:

CAMBRIDGE, Mass., Jan. 11, 2021 /PRNewswire/ — Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced its acquisition of Qurious.io, Inc., a cloud-based real-time speech analytics solution powered by artificial intelligence (AI) for customer service teams. Read More.