This presentation was made by Balaji Venkatesan (Nudg Labs) as part of the "Startup Showcase" in AI Dev Days held on 9th March 2018 in Bangalore. -- There are so many low hanging fruits in automating and cognifying processess of many small businesses. Overview of the opportunities and the last mile problem.

1. Cognifying Small Business

2. 2015 : Per Capita is 15,800

3. Yanomamo economy Vs New York
economy
90$ Per capita : 36,000$ Per capita
100’s SKUs : Billions of SKUs
400 : 100 Million
Complexity and diversity
Source : Origin of
Wealth

4. Access to SKUs is significantly more
important than per capita income

5. How thick
will be your
town’s
yellow
pages?

6. What does it take to grow the
number of skus?
Density of know how – cities – know
how through osmosis.
Know how to make and sell
profitably

7. Can the know-how be made
available for everyone?

8. Distribution Business
One of the simplest business models

9. How can we cognify this business?
Cash > Inventory > Accounts
Receivable > Cash
The faster this cycle happens the
better it is

10. Areas to cognify
Selection and management of Product
mix
Selection and management of clients
Sales & Collection Processes
Bot to Bot

11. Clean data
Adoption
Priorities