Every startup has a story, what’s ours? Today, we get a sneak peek into the mind of one of Lauretta.io’s founders, Galvin Widjaja, through an exclusive interview.
The Story Behind Tech Startup Lauretta.io:
Q: First of all, tell me about you. Were you one of the guys who grew up always wanting to be an entrepreneur?
A: No. In fact, I grew up in a family which was actively against entrepreneurship. My family separated when I was in primary school and I lived with my mother’s family in Singapore. While my grandparents were both entrepreneurs, my mother’s family was never comfortable with their level of affluence and feared the uncertainty of entrepreneurship, much less a startup. Therefore, growing up, entrepreneurship was not exactly an ambition for me.
Q: Interesting. So what inspired you to start Lauretta.io?
A: I made the decision to start a business at the age of 20 but it took me another 10 years to take the plunge. I took over my family’s restaurant chain in 2013 though I had no intention of becoming involved in the business initially, and soon realized that there is a clearly overlooked group of hard service workers within the restaurant business. The industry was suffering from dwindling productivity and relatively stagnant pay despite the technological advances, which were primarily benefiting the white collars.
Lauretta.io is a startup which represents, in my view, the most comprehensive strategy to change this, by building a fit-for-purpose AI platform to support their work. Essentially a 3G Soldier strategy, but to empower service and facility workers. Today, we regard a soldier as one who is more dangerous than a tank. We want to be able to regard workers the same way in the next 5 years, by empowering them to be more effective than any robots available. Try out Lauretta here!
Q: How has the company grown throughout the last three months?
A: I think our customers have been resonating with our vision, therefore our startup size has grown from 0 to 4 staffs, with a revenue on track to grow 400- 500% year on year for the next two years.
Q: Now that Lauretta.io has been rapidly growing, what are your plans to further scale the company?
A: Our plan is a two-pronged approach by focusing on new services and new solutions. Our two unique points stem from our accessibility to specific data in the location tracking and security industry, as well as our ability to build highly scalable solutions akin to large enterprises despite being a startup. I think it’s also important to note that our expansion has been made possible by our sales and technical partners, who have enabled us to swiftly create solutions for varied industries and countries.
Q: In 2018, what would be the biggest expectations from Artificial Intelligence?
A: Winner of NIPS 2017 Test of Time award Ali Rahimi touched on this topic earlier. Today, deep neural networks could be considered equal parts alchemy and equal parts science. Much of the recent progress in AI has been more experimental than analytical in nature. However, I predict that insight into the way convolutional neural networks work are going to fundamentally deepen our understanding of the way neural networks work, which will dramatically change the way we do things such as image and speech recognition, beyond the level of human capability.
Q: One word that best describes how you work.
Q: What apps/software/tools can’t you live without?
A: Package managers? I don’t believe in having a single tool for everything, there are many tools for everything.
Q: What’s your smartest work-related shortcut or productivity hack?
A: Thus far, learning to combine multiple Github code bases, before trying to create my own. The combination of existing things can be as creative and revolutionary as the building of a completely new thing, with additional advantages of higher likelihood to work, faster building time and lesser development risks.