The Data Apocalypse: How Companies are Doomed to Fail at Extracting Value from Their Data
It’s a bleak reality: most companies are stuck in a data wasteland, with a staggering 60-73% of their data going unused for analytics. The reason? Siloed and pigeonholed data, held hostage by technical and security considerations. It’s a perfect storm of inefficiency and stagnation.
But fear not, for a new hero has emerged to save the day. Anna Pojawis and Tyler Maran, former engineers at Y Combinator-backed startups, have founded OmniAI, a revolutionary platform that transforms unstructured enterprise data into a usable format for data analytics apps and AI.
The Data Elite: How Regulated Industries are Being Left Behind
The problem is particularly acute in regulated industries like healthcare and finance, where companies are struggling to extract value from their data due to the sheer scale and complexity of their operations. Off-the-shelf data models are woefully inadequate, and the status quo is unsustainable.
The OmniAI Revolution: Unlocking the Power of Unstructured Data
OmniAI is the antidote to this data disaster. By syncing with a company’s data storage services and databases, OmniAI preps the data and allows companies to run the model of their choice – including large language models like Meta’s Llama 3, Anthropic’s Claude, and Amazon’s AWS Titan.
The Future of AI: A Centralized, Private Cloud
OmniAI’s vision is a future where large language models are an essential part of a company’s infrastructure. By hosting everything in a private cloud or on-premises environments, OmniAI delivers improved security and control.
The Early Adopters: A Glimpse into the Future
OmniAI has already secured 10 customers, including Klaviyo and Carrefour, and is on track to reach $1 million in annual recurring revenue by 2025. But the real question is: can OmniAI scale to meet the demands of the data-hungry enterprise?
The Bet: A Lean Team in a Fast-Growing Industry
Maran’s bet is that companies will increasingly opt for running models alongside their existing infrastructure, and model providers will focus on licensing model weights to existing cloud providers. Will OmniAI be the winner in this game of data cat and mouse? Only time will tell.
