Marcus Richards
Jiva is a “no-code” AI platform where we make the creation of AI solutions easy for anyone and everyone.
Imagine a doctor, with all her expert knowledge, and the power of a platform through which she can create a diagnostic, a prognistic or an automation that will literally save lives.
That is what Jiva is about – creating a global shift by putting the awesome power into the hands of people who can make that change happen.
Tell us about yourself?
Molecular biologist by training, self taught programmer and went into maths/computing at PhD. Spent a number of years in banks in technical and algorithmic roles before founding a hospitality tech start-up and then eventually Jiva in 2019.
Our motivation was simple – there’s lots of data, and relatively few people that can wield it. We wanted to democratise that power. And so we created Jiva.
If you could go back in time a year or two, what piece of advice would you give yourself?
Raise money earlier and build your advisory team at the beginning of your journey.
What problem does your business solve?
There is a lack of affordable AI and data science expertise in the marketplace
What is the inspiration behind your business?
20 years of experience in the field! I’ve built models in fintech, health tech and hospitality tech, in a myriad of different ways… it’s never easy, even though I have experience.
We’re getting to the point where there are the UI tools to make all things easy – from doing complex spreadsheets to designing websites – without being an expert.
Data and AI is the next frontier… and this problem of not being able create value from your data because of a lack of affordable expertise is more or less universal.
Any company – especially those involved in some kind of tech – produces data. And they can leverage that to edge an advantage in the marketplace.
What is your magic sauce?
Firstly, our system learns what our customer needs and therefore offer up solutions that they didn’t even think of.
Currently our customers can create a useable, practical AI in a matter of minutes and it will get even faster. Secondly, we offer multimodal AI solutions – the ability to merge different-but-related AIs over time.
This is far more useful than what happens right now, which is to go back to drawing board every time new information is discovered.
What is the plan for the next 5 years? What do you want to achieve?
The vision is that the platform becomes as easy as decribing in natural language what you want, and the system helps you create it. No buttons, no numbers.
We want to be the go-to AI platform in the same way MSWord is the go-to word processor.
What is the biggest challenge you’ve faced so far?
Raising money. We did during covid and we’re doing it now – it’s never been tougher to raise capital for early stage companies.
How do people get involved/buy into your vision?
If you are struggling with where to go with AI or perhaps you are a consultancy that works with a lot of companies that need AI, head over to our website and just hit Contact Us. We’d be happy to help!
