Our guest today is Kaitlyn Albertoli, who’s CEO and co-founder of Buzz Solutions, which uses predictive analytics, A.I., and other cutting-edge technologies to inspect and evaluate the power grid. This is critical work, as power companies need this kind of data for everything from anticipating power outages to ensuring we can modernize the power grid and make it “smarter.”
It’s always fascinating to see how technologies like predictive analytics can not only be used to tackle intense, real-world problems, but to also update the aging, often antiquated systems that we depend upon for so many things. As Kaitlyn says during our chat, it’s going to be fascinating to see what happens over the next five to ten years as these technologies mature and end up applied to different industries.
Here are some other quick takeaways from our talk:
First, if you’re interested in launching a startup, take the time to identify the pain points in the market, and whether your idea is a real solution that can solve that pain.
Second, it’s still very early days for artificial intelligence and machine learning. If you’re in a business where you’re dealing with people who are unfamiliar with A.I. and its potential, take the time to educate them on how it works. By walking them through the strengths and weaknesses of the technology, you’ll get them onboard with your plans for using it.
Third, whatever your industry, a real key to success is effectively analyzing data. Without analytics, you’ll have a harder time achieving tactical and strategic goals, especially over the long term.
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