UiPath

“UiPath is a public one that we do that with. So when you're using UiPath's RPA, all of the monitoring and all of the analytics within is Sisense.”

“Yes, they are yes, this is what I refer to. They are these T-five based LLMs, but trained with a lot of A lot of the data that we gather.”

“Even today I have a controlling stake in UiPath.”

“Even today, I don't think we have a line of code built for one customer.”

“Because even if it's counterintuitive, in large enterprises, there is no single repository of truth. And knowledge about what they are doing.”

“But in the end, we will beat, you know, any performance of GPT-IV or whatever, and they would be extremely reliable.”

“And he asked me, how much do you want for a license? And I thought, look, I had no idea. So, In a, on a, you know, on a hunch, I said, like, 10,000 dollars, and next day, basically, he wired the money without any negotiation, nothing.”

“Starting out of Romania has the advantage that Romania has no market, so we had to think globally, so, and remotely.”

“There were a few funds that passed on us. And it was interesting, not valuation, but it was, they couldn't they couldn't accept to, leave me the control of the company.”

“In one of our fastest growing business is this document understanding business.”

“It would have taken days in other software, using very cumbersome process, it's days.”

“In our case, partners are not so important for us for reselling the technology. Partners are important to open the door and to implement our technology. But to win the deal, it's us. It's rare that the partner can win the deal for us.”

“Japan, in 2017, was a country that brought us more revenue than US.”

“They ended up signing common shares in the end.”

“I don't think so, because I think nature is pretty smart. And if you look at how our Brain operates. We have a very good cognitive engine, but we are not using that cognitive engine to do trivial tasks. It's way too expensive. If you want to learn to swim or t…”

“This is one of the pillar of our success. We tapped into a rather large population of people that are not necessarily pro devs, but they have a basic programming knowledge, and they can easily be trained into our technology, and they can deliver automation.”

“We have a dual strategy. We have something called project foundation. So we are building internally You know, this dual model model that understands both text and images that we want to put at the foundation of many of our task-based automation.”

“We discovered that many of our customers actually use multiple LLMs.”

“Even today, most of our the way our product works is based a lot on the ideas, you know, that we incubated during these two years.”

“We build a product in the search of a market, actually, but unexpectedly we found the market, which is not, I would not recommend to anyone do this, but that, that happened.”

“Especially in enterprise business, sales is as important as the technology, and it's not enough for them to understand the basic of sales. They need to love it. Because if you don't love it, you are not gonna hire really good people.”

“So for a few years, until like, 2000 13, We were basically an OEM SDK business. Not very lucrative. I think most, I think at most we made like 200 K per year, which is kind of enough for it. It was like five people in the company, five developers.”