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2:38 min
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One of the most common challenges around AI is around accuracy.
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The normal AI is a very probabilistic model.
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You ask the question 100 times, you're not going to get the exact same answer 100
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times. That's just the underlying technology we're playing with.
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But a lot of planning exercise is deterministic calculations that our customers are
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doing. As Board, we want to also understand the challenges that AI
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has, and we want to make sure a solution out of the Board platform addresses those
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challenges. Right? And so Board brings in a deterministic way to address that, so
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that in planning context, it is not acceptable for the FP&A team to ask 100 times
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what my EBITDA is and say that, oh, yeah, a few times you could get a wrong answer.
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That's just not an acceptable answer in an enterprise.
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So, second part of accuracy issue is around semantic understanding in a business
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context. If I have 10 people use the word, what are the profits on this?
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What is the cost of this? There are multiple definitions of profits and
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costs based on various businesses, based on different persona looking at it, and
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this is where a planning platform such as Board is usually the repository of
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all of this knowledge of how planning is done.
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And by bringing and enriching AI's speed and ability with all of that
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semantic context, you're going to improve the accuracy level. Right?
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So that's again, another way in which we do it.
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And the third piece of accuracy is just the context window.
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You cannot throw in terabytes and terabytes of data in front of AI and say, "Oh,
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go do this." This is where Board, through its multidimensional model,
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really understands planning and decision making.
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Board understands, okay, if I am a GM of the Americas, what is my
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context? What are the things that I'm looking at?
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What are the products I'm working on? What is the channel I'm working on?
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What are the customer segments? And it's able to really present the data in a very
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organized way with the right context, then for the AI to really have, again,
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layered on the semantic definitions to really improve the context.
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So in a nutshell, for us as Board, we want to embrace all of the strengths of AI,
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but augment all of the limitations of AI with the Board platform.