04.30.24-Startup-Ecosystem-Conference-Startups-HeronAI

DAPHNE PARISER: Hello, everybody. My name is Daphne Pariser. And I'm the CEO of HeronAI. And so, I believe that corporations like yours, with all of the resources that you have, have the ability to change the world on a daily basis. But are those resources utilized as effectively as they possibly could be?

So, here at HeronAI, we believe that anybody should be able to utilize analytics, whether you're technical or you're non-technical. And it should drive or empower you to be able to make strategic decisions on a daily basis. We believe that analytics should not be a barrier to operational efficiency.

So my co-founder and I, we've built a real-time analytics tool that helps you to leverage your data to mitigate risk and maximize opportunity. Let me give you a quick example. So, Steve, he's a VP from a Fortune 100 company. He's got 200 staff underneath him. He deals with a $500 million budget. His organization has about 100,000 staff and about $100 billion in annual revenue.

And guess what? They still use Excel. Who here agrees with that? So it's budget time. Steve is handed a 5-inch thick book, which is all their Excel data analysis, things like that. Steve has had to commit multiple full-time people to build this book. And not only that, it's taken four months. This culminates with the CEO flying out to a meeting with 100 senior advisors. They all get together, and they go line by line through this book. Who feels that pain?

So basically, what we've tried to help them do is we've tried to automate this for them. So I had this same issue eight years ago when I started my very first company. I was really excited about my company. I really wanted to evaluate the health of our business. And I'm a PhD. So what did I do? I generated gigabytes of data. And I was overwhelmed by all of this data.

And so basically, what I decided to do with-- clearly any sane person would do this-- I decided to build my own system. I spent months doing this. And yes, it's OK to laugh at me. And so from there, what we were able to do was actually connect all of our data. We were able to connect to anything like Excel, Quickbooks, all of the apps that we used, all of the PDFs that we used. And we were able to generate insights automatically.

And this was most useful for our non-technical users because, sure, our technical users could utilize Excel, but it still took them a lot of time. It still was something where we could-- if somebody changed a number somewhere, our models were off. And ultimately, what ended up happening was we would have thousands of pages that nobody wanted to read.

So having this system made it a lot easier. So today, we call it HeronAI. HeronAI is an advanced machine learning algorithm that utilizes your data to help drive strategic decision making within your team and with potential clients.

So Steve uses HeronAI. He's able to upload his 5-inch book into HeronAI. And within a few minutes, he understands the entirety of that book by getting summaries, insights, recommendations, and key trends. Not only that, he can actually now start chatting with it. He can ask it to forecast his revenue. He can ask what his churn is, his burn is. So every single day, he can get the decisions that he needs right away.

So Steve isn't alone. 81% of corporations still use Excel. Anybody here? If you're like me, if you're like Steve, you probably want something that's going to automate this workflow that's going to give you automated insights so that you can grow your business in a more organic way.

Here at HeronAI AI, we're helping you to do that. We're helping to automate all of your analytics, whether it's Excel, whether it's PDF-- doesn't really matter. And if you want to focus on what really matters, you want to focus on operational efficiency, value creation, drive growth, please take a minute to scan this QR code and come visit us at HeronAI. Thank you so much.