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QOn a more general level , what do you consider to be the best advice you have had in business ?
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Generative AI has the ability to supercharge technology that is already having a positive impact on the food and beverage industry in |
Not advice , but rather a quote . Steve Jobs |
a variety of ways . From a market research and |
ended one of his speeches with ‘ stay hungry , stay foolish .’ I think the importance of that , the continued growth , the continued development , even after initial goals are met is particularly true for a software-as-a-service company like Stravito , where you need to constantly create and improve . Another quote comes to mind , by Jim Collins , the author of Good to Great , who said that “ Great vision without great people is irrelevant .” And I really like that quote because at its core , it ’ s so relevant for us in the startup business . Finding and motivating the right people for each insights perspective , democratized access within the organization is crucial and that can be catalyzed by a generative AI tool . Generative AI reduces the time spent on researching and analyzing important information , opening up operational bandwidth to be spent on implementation and action . Generative AI offers two main streams of value creation : efficiency and productivity . Efficiency focuses on how well resources are utilized to achieve a specific goal or output . Productivity , on the other hand , measures the amount of output or results generated from a given set of inputs . stage of the business is key . Our generative AI powered tool , Stravito
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Answers , has been transformative in the
Can you sum up Stravito and its sense that it changes the traditional search operations , particularly in terms of experience for our clients . So instead of an the food and beverage sector ? insights expert simply typing a query , and
Stravito is an enterprise insights platform having it point to pages in documents where democratizing access to market research for the search terms , or relevant answers , are some of the world ’ s largest food and beverage found , what we now do at Stravito is let the AI brands . It ’ s common for these companies engine find the actual nuggets that answer to have enormous amounts of market data the user ’ s natural language question . Then and market research that sits unused due to the AI summarizes what it ’ s found in a wellversed answer . It creates a situation where your natural inefficiencies across global offices , and amongst many teams . Stravito helps combined organizational knowledge is at your solve that problem . Our platform lets global service . And whereas before , the experience organizations like Danone , Pernod Ricard , would be more akin to that of going to the Bel Group , FrieslandCampina and Heineken library , this is like putting the right book in centralize their market research and insights , your hand , opened to the relevant page . Our making them easily accessible to the entire platform takes pre-existing information from organization within a single , user-friendly the customer ’ s knowledge base , which ensures platform . We ’ re a software-as-a-service the reliability of the data in the responses that solution but are easily customizable based come back . on the brand ’ s business focus and we can be
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integrated with a variety of other popular tools . What would you say are the challenges
Q facing the sector , and what strategies
Could you elaborate on the do organizations need to ensure impact of generative AI on the are in place to tackle them ? food and beverage sector and Food and beverage companies worldwide how your clients can harness the generally run into challenges organizing potential of Stravito ’ s new tool ? market data and insights because their
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