Tamerlan Rakhmetzhanov, co-founder and CEO of Armeta, discusses the size and youth demographics of his startup's engineering team.
Insight
Rakhmetzhanov: Data center outages stem from civil engineering design flaws
“The reason behind those outages is mainly the cooling and systems and power generation and connectivity systems, because data centers were designed, engineered from a civil engineering point of view.”
Insight
Rakhmetzhanov: Industrial buyers are growing tired of pure SaaS models
“Nowadays there are tons of different AI tools, applications, platforms, but everyone is getting tired of certain
software as a service model.
you know, everyone demands results, you know, like end to end results basically.”
Assertion Supported
Rakhmetzhanov: Designing industrial facilities currently takes up to five years
“Nowadays, it can take up to five years, you know, and we wanted to do it like in a couple of days, weeks maximum, you know, but we realized that when you're tackling generative design, generate, to generate whatever, first you need the data and context.”
Disclosure
Armeta considers acquiring a traditional US engineering firm to make it AI-native
“We have an idea of potentially soon acquiring a traditional engineering company in the US.
And making it AI native and provide AI native services, you know.
So, but this is a private equity story, growth equity story, but we're thinking about it.”
Disclosure
Rakhmetzhanov: Armeta pre-sells product features before writing code
“So now when I want to develop a certain feature even if I've not developed the feature itself, I go and tell all of my clients that I've already developed this feature. It is ready to be bought. Would you buy it right now? And they're like, hell no, man, like,…”
Assertion Not checkable as stated
Rakhmetzhanov: 80% of industrial process drawings remain trapped in legacy formats
“80% of those drawings are kept in legacy formats, like PDF scans, JPEGs, since all the refineries and plants were built 20, 3040, 50 years ago.”