Kenyan startup launches AI-based store assistant system

Kenyan startup Phindor has launched a subsequent technology store assistant system that employs synthetic intelligence (AI) to assist native companies digitise file administration, knowledge assortment and storage. 

Phindor started life as an internet site serving to customers discover and examine pricing for varsity gadgets, however pivoted in 2018 to providing knowledge administration and evaluation companies.

“We determined to work in the direction of making a easy, light-weight and inexpensive app to assist companies seize knowledge, hold it and use AI to attract insights from this knowledge, similar to large firms are doing,” co-founder Pheneas Munene instructed Disrupt Africa.

That imaginative and prescient lastly turned a actuality in January, when the Phindor app launched. A enterprise assistant software, it allows companies to seamlessly file gross sales knowledge each on-line and offline, get buyer suggestions from automated surveys, generate sensible provide chain networks for each retailers and suppliers, analyse and advocate markets and buyer segments, and predict enterprise efficiency. It additionally permits for market and product monitoring.

“We’re enabling them to use the facility of AI to make sense of this knowledge by serving to them phase clients of their markets, generate sensible provide chain networks, analyse their markets and predict future efficiency of their companies, in addition to observe sale gadgets over time to allow them to make correct buy choices, simply the identical means we observe currencies and shares,” Munene mentioned.

Self-funded for now, the startup has registered nearly 500 customers since January. Munene mentioned Phindor’s consumer phase is generally underserved with regards to enterprise expertise. 

“It’s often a “wow” second after we stroll into somebody’s store and clarify to them what the app can do. Surprisingly for us, we came upon that many of the customers had concepts of such a product however have by no means had an answer that matches all these wants in such a means they’d undertake it. Now we have had challenges explaining the app to the least tech-savvy, however general, the adoption has been easy,” he mentioned.

At present working in Kenya, the startup is searching for funding to amass extra customers and broaden to Nigeria, Rwanda and Ghana, and later the remainder of Africa.

“We cost our customers a small share of their month-to-month gross sales on high of a flat price of US$5 a month that may be damaged to weekly or every day funds,” mentioned Munene.

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