Nov 07 2023 46 mins
# Summary
Every day you can read and hear about the impact of AI on companies of any industry and size. But are really all business at a stage where they can benefit from the wonders of AI? What about small companies that are not in the tech and dont have the budget to hire data scientists and machine learning engineers. For example, like small retailers of fast moving consumer goods; FMCG in short. that might only have a few stores in a city. They are experts in their field, but lack the personal or infrastructure to have their own AI initiatives. How can they benefit from AI to for example optimize their planning and supply chain?
Today on the show I am talking to Eric Weisz, co-founder of Circly, an AI startup that has build a self-service platform for SME's to help them with demand forecasting. Making it possible for none data scientists with little historical data to use their platform and benefit from accurate predictions.
On the show we talk about the challenges of building such a one-fits all platform that has to provide value to all kind of different customers without intensive manual configuration and tuning. We talk about how to verify and maintain data quality, and how approaches from federated machine learning can be used to ensure the effective use of prediction model. So that based on the available data and its characteristics models are selected the are efficient to run as a platform provider, reducing costs, while providing highly accurate predictions for customers.
## TOC
00:00:00 Beginning
00:02:42 Guest Introduction
00:05:98 Circly: Demand Prediction for SME's
00:08:05 Demand prediction as an SaaS offering
00:14:37 Ensuring and maintaining data quality
00:26:09 Prediction model selection based on data and efficiency
00:35:04 Federated Machine Learning & Weight sharing
00:39:58 Feature selection and context enrichment
## Sponsors
- Quantics: Supply Chain Planning for the new normal - the never normal - https://quantics.io/
- Belichberg GmbH: We do digital transformations as your innovation partner - https://belichberg.com/
## References
Eric Weisz - https://www.linkedin.com/in/ericrweisz-circly-ai-retail/
Circly - https://www.circly.at/