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Read moreValentina Djordjevic | 25. 05. 2021.
When we started building our product, we focused on the Recommender engine and Segmentation. As a startup, we embraced agility and focus on the market. At the beginning of 2020, we decided that our product must become a reflection of our team. Then we said it must be a “no bullshit” product, agile or, in terms – modular. Third, it must be API first, AI-powered and focused. We used COVID19 situation to push changes and to prepare for the new world.
Modularity as strategy
We decided that our product is a suite of micro products which clients can combine. That gives us the flexibility to serve multiple industries but also to optimize OPEX and CAPEX investments of our clients. We’ve enabled our clients to start small and build big. For example, you can start with data collection and standardization, and later you can add a recommendation engine to get a more significant revenue increase. The key is to provide a modular ecosystem. We recently became members of the ASEE group, so imagine which ecosystem we can offer now. For example, we can provide payment for eCommerce, but also checkout analysis or upsell on checkout. If we are talking about banking, imagine a fully personalized mobile app with smart push notifications and offering.
Is Solver AI Suite CRM, CDP, DMP, or Personalization Engine?
The correct answer is none of these. We do not offer CRM, we are providing Customer Data Platform (CDP) and Data Management Platform (DMP) components, but the client can choose what it will be. We definitely have a proposition for Personalization Engine, but we have a lot more. We can declare more as the ecosystem of apps that act as lego bricks, and you can build whatever you need. One of the beauties of embracing agility and modularity as a product feature. In the end, we offer all of this, but when you need it.
Ecosystem as the next step
We believe that we’ve come to an end of big monolith CRMs or Campaigning tools. Look at the Apple App Store, or our competition. Salesforce, for example, is focused on the ecosystem of apps, but we provide completely different user experience. And yes, our REST API enables the flexibility to integrate whatever you need, or build your products on top. We can even power our competition tools, if that makes our clients’ life easier. Notice how open source is changing the world and pushing openness and flexibility.
We separate platform blocks and application blocks to set up the ground for modularity.
Solver AI suite is evolving fast, we have more and more features in place. To solve product complexity, we decided to develop in two streams. First, the platform things. Engines and APIs that power our applications enable our teams to have the foundation and focus on business features. The platform is open for our clients to focus on business and not on operations. The second stream is business block development, which has to be simple and stupid – meaning having clear inputs and outputs. This is the crucial thing for meeting the strategy of modularity.
What building blocks provide to our customers
These are only some of them, and more are yet to come.
Bundle of products as a personalized client solution.
We decided to make some bundles, which can be used as a recommendation and not a rule.
We will proceed with this strategy focusing on:
If you want to have a demo and get more information, please drops a message at ai@thingsolver.com.
Photo credits: https://unsplash.com/photos/fzOITuS1DIQ
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