India is home to the 3rd largest start-up ecosystem in the world. These startups promise unique innovations revolutionizing the global marketplace and positive change for society.
The Policy Times with the aim to accentuate the importance of these unique innovations and the enterprising mind behind the creation brought an initiative titled Global Innovation and Entrepreneur Show. Mr. Akram Hoque, Founder-Editor of The Policy Times interviewed Senthil & Tejas, Co-founders of Tenzai Systems for the latest series. Tenzai Systems is a startup providing data-driven solutions especially purpose-driven AI-empowered solutions across different sectors.
Video Interview Link: https://www.youtube.com/watch?v=PBGH4N1D3rU&t=475s
Senthil, How did this idea of starting an AI-led platform come to your mind?
Today everybody knows the value of AI. However, there are several challenges for businesses and organizations to strategically implement to realize the full potential of AI-driven solutions.
One of the major challenges is clients are finding it difficult to identify and prioritize AI use cases for their organization. Another barrier is the high complexity learning curve to make accurate decisions for their case. Lastly, the fast-paced and dynamic technology systems in AI leave them unprepared to have complete understanding therefore usage.
To help organizations overcome these challenges we have come up with a purpose-driven AI framework based on our years of combined knowledge on AI and Data Science. This framework will help organizations identify the right use cases for AI solutions, alleviate the complexity they face in case of AI-driven solution deployment and also make the end-users feel more empowered thus bringing a total solution for the case concerned.
Senthil, Can you share any high impactful case you recently worked on?
During covid time although many academic institutions shifted their operation online fully or partially. Some struggled to reopen campus with covid-compliance measure fully enforced. A major educational institution in North America with more than 25000 students and staff needed to reopen campus and at the same time ensure student safety and health compliance. our AI Solution helped them reduce Covid positivity rates by more than 5 times inside the campus compared to the population outside. We integrated the existing CCTV camera in the AI framework to deploy thermal cameras, facemask detection, stop overcrowding cases with private safety measures enforced and today thousands of students continue physical classes with our solution. It is a huge validation of our work that people entrust their health and safety to our system.
Tejas, Any remarkable work outside India?
One of the world’s largest frozen food manufacturers based out of North America was losing 6% of revenues equivalent to that of $50 Mn due to forecasting inefficiencies at the retail level. We built a forecasting model using machine learning which was able to predict demand across 12000+ stores across the USA and the forecasting solution was able to reduce losses by 60% thereby leading to savings of more than $30 Million and reduced waste.
Senthil, What are your global expansion plans?
Right now the short-term plan is to scale up our product range in terms of range and relevance to global standards and requirements. Then focus our time, efforts, and resources on scaling up our operation in domestic and international arenas. Any such scale-up would require financial backup and in terms of investment, we are looking for investors who would not only help us with funds but also come on board to guide us with experience for marketplace success.
Any other Interesting projects you would like to share?
We work across different sectors from e-commerce to retail domestically and internationally. In one such project for a North American cocoa production firm, their entire procurement process was done manually previously which left scope for a lot of errors. We provided an automated solution basically erasing any such scope for errors.
Another project was for a large consumer tech firm in India where we built a multi-segmentation solution for them. It helped them identify micro-segments and monitor consumer behavior and product usage of those segments. This reduced their Social media marketing cost by 25%.
Tejas, any message for your audience?
We have more than a decade of combined experience and have been achieving 100% delivery in our service both in product mindset and deployment.
Senthil, Any last comment for your clients or potential consumers?
We have worked and delivered solutions in four continents till now with great delivery results and we help our consumers from the purpose or consultation stage to deployment.
Some of the Industry experts expressed their view on Tenzai and its possible impact.
Mr. Greg Carter, Ex-VP-Global Sales, and Marketing Hitachi Solutions America, “ Nobody just has the sudden realization of their requirement of AI. But with AI, organizations can discover new possibilities. The thing that impresses most about Tenzai is they not only provide expert AI engineering but more importantly they know to detect the problems and opportunities and turn them into solutions for their clients which helps cost-cut,scale-up, and moreover, they teach their clients its usage to avail continuous benefit”.
Mr. Ramesh Iyer, Global President & Chief Revenue Officer VA Tech Ventures Pvt Ltd “ AI with purpose is the strength of Tenzai. Their capabilities, credentials, and intent aided with their vision and expertise could lead them to new milestones. They drive a vision of technology to complement and supplement human intelligence and capabilities with a tight grip on ethical boundaries.
Mr. Ananth Subramanian, CEO HDGTL, USA Director-US Operations of The Policy Times, “ The very interesting point is Tenzai’s aligned and integrated approach right from identifying purpose to engineering solution to usage and lastly measuring the impact of their solution. Their purposeful alignment of solution and usage is a great component.This leaves scope for cross-checking the consequence or up gradation and further communication.”
The series was Chaired and Mentored by Dr. P. Sekhar, Chairman Unleashing India, Global Smart City Panel, MTGF.
In his concluding remark, Dr. Sekhar said, “ Tenzai is a startup with revolutionary products and established expertise and customer credential. This is going to aid with their future growth in terms of the prospective clients as well as their investor. AI is growing to be added simulation for organization and business in multiple arenas. On a different note, they should also keep a keen eye on the prospect of training to alleviate the unpreparedness around AI.
For further details on innovation Innovator Senthil Nathan R, Co-founder & CEO, Tenzai Systems Could be contacted at the details given below:
M: +91 99720 97824