Skip to main content
MIT Corporate Relations
MIT Corporate Relations
Search
×
Events
STEX25
Startups
opportunities
MIT ILP
Sign-In
Register Your Startup
Search
Search
×
STEX Home
Events
Corporates
Event Videos
Startups
STEX25
Featured
Videos
Startups
Search
News
opportunities
MIT ILP
User Menu and Search
Sign-In
Register Your Startup
Search
STEX Home
Toggle menu
Search
Sign-in
Register your startup
Events
Corporates
Event Videos
Startups
STEX25
Featured
Videos
Startups
Search
News
opportunities
MIT ILP
Back to search results
Profit Isle, inc.
STEX25
Active dates:
September 20, 2019 - September 20, 2019
STEX25
View Feature
STEX25 Participation:
September 20, 2019 - April 30, 2021
Company information
Contact
3 Blodgett Road
Boston
,
MA
02210
United States
https://www.profitisle.com
Empty Facebook link
https://www.linkedin.com/company/profitisle
https://www.youtube.com/playlist?list=PLJvJ-6UyehQCDLZxzqqy8U_sX7cyzktV0
https://twitter.com/Profit_Isle
Elevator Pitch
Elevator Pitch
Make Your Data Speak Profit
The Profit Isle Platform integrates, cleanses, and transforms business data—from any system or spreadsheet—generating a comprehensive P&L statement for every invoice line of every transaction.
With the Profit Isle Platform, teams can:
– Interpret complex, disjointed data
– Unlock hidden profit patterns previously hidden by gross margins
– Drive value to the bottom line in weeks
– Fuel Generative AI projects using coherent datasets ready for AI
Description
Description
The Profit Isle Platform empowers customers to make their incoherent enterprise data speak profit. With our platform, companies can address key industry issues, drive value to the bottom line in weeks, and create a coherent, scalable dataset that's ready for AI.
Deployed on Google Cloud Platform, Profit Isle systematically integrates and transforms all data from siloed systems, assigning general ledger costs to each transaction, and generating a full P&L for every invoice line. Our algorithms identify errors and outliers, improving data quality. Our platform leverages Retrieval-Augmented Generation (RAG), providing customers with actionable insights and recommendations through Generative AI by accessing and retrieving relevant information from a vast database of customer data and historical records. The platform continuously learns, delivering more accurate insights over time.
With Profit Isle, customers can unlock hidden profit patterns and drive value to the bottom line in weeks. Businesses looking to integrate Generative AI into their processes—beyond standard large language models—can transform their business data using the language of profit and gain a coherent dataset that's structured and ready for Generative AI applications.
Profit Isle is a SaaS platform that supports companies in the retail, distribution, manufacturing, consulting, and services industries.
Learn more at www.profitisle.com
Technology Description
Technology Description
The Profit Isle Platform and our proven methodology is grounded in insights and techniques originally developed by MIT’s Senior Lecturer, Jonathan Byrnes. We've advanced the platform over the last 10 years and are embracing the future of AI for businesses through our certified Build and Service partnerships with Google Cloud.
Profit Isle provides two different offerings that can be sold separately or as a bundle.
Ai.R (AI Readiness): Ai.R is our method to get a company's data AI-ready. First, we integrate all data into a secure Google Cloud environment. Next, we cleanse and transform the data—assigning GL costs to each transaction, generating a full P&L for every invoice line. Our algorithms identify errors and outliers, improving data quality. With Ai.R, customers gain a coherent dataset, updated every period, ready for BI and AI applications.
PI Platform: Our PI Platform is built on a modular framework and supports leaders in retail, distribution, manufacturing, services, and consulting. Our SaaS platform has processed over $200B of customer revenues, helping teams focus efforts and make data-driven, high-impact decisions to improve profitability in just weeks.