Insight certainty 4/5 debate potential 3/5

Enterprise purchase decisions will always require human interpretation over AI

Chris Kenton · 1076 We pivoted to pure play SaaS, now $1m in ARR growing 100% yoy · Jul 5, 2018 · at 13:54

Chris Kenton, founder of Social Rep, discusses why AI and automation cannot fully replace humans in enterprise B2B sales.

0:00 / 0:16exact quote · 16.5s
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“No matter how much AI you apply, somebody at the end of the day has to understand what the data is showing you and what kind of an impact that's going to make on your business how to translate that to somebody in terms of the meaning for a purchase decision.”

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More from Chris Kenton

Disclosure
Services revenue is roughly twice its software licensing revenue
“Actually about two X licensing revenue.”
Chris Kenton Jul 5, 2018 ▶ 6:44 1076 We pivoted to pure play SaaS, now $1m in ARR growing 100% yoy
Disclosure
Social Rep manages content channels for HP as a top client
“One of our biggest clients is HP. We manage a lot of different channels of content for HP”
Chris Kenton Jul 5, 2018 ▶ 4:50 1076 We pivoted to pure play SaaS, now $1m in ARR growing 100% yoy
Disclosure
Social Rep enterprise licensing deals average over $250k per year
“Typically over two 50.”
Chris Kenton Jul 5, 2018 ▶ 7:30 1076 We pivoted to pure play SaaS, now $1m in ARR growing 100% yoy
Assertion Not checkable as stated
Social Rep grows revenue 100% year over year post-pivot
“Since we pivoted two years ago from doing mostly backend intelligence mining to building our platform for sales enablement we're at about a hundred percent year over year.”
Chris Kenton Jul 5, 2018 ▶ 9:16 1076 We pivoted to pure play SaaS, now $1m in ARR growing 100% yoy
Prediction Not checkable as stated
Kenton: Social Rep will reach $1M in revenue in 2018
“We'll do a million this year on that platform.”
Chris Kenton Jul 5, 2018 ▶ 9:36 1076 We pivoted to pure play SaaS, now $1m in ARR growing 100% yoy
Assertion Not checkable as stated
Kenton: Social Rep acquires channel partners for $25K to $50K
“So you know, we can get that down to about say 25,000 to 50,000 dollars.”
Chris Kenton Jul 5, 2018 ▶ 14:48 1076 We pivoted to pure play SaaS, now $1m in ARR growing 100% yoy
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