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How AI Powers Actionable Business Insights (Forbes Interview)

How AI Powers Actionable Business Insights (Forbes Interview)

Omega Venture Partners’ Thomas Malone recently sat down for an interview with Forbes.  The following are excerpts from Tom’s interview, with examples and insights from his recent book, Superminds: The Surprising Power of People and Computers Thinking Together. “The narrative is shifting from competing against machines to collaborating with them.” Malone defines a Supermind as…

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The Consumerization of Intelligent Software: Key Insights and Drivers

The Consumerization of Intelligent Software: Key Insights and Drivers

Traditionally, selling software to enterprises has called for heavy investments in sales and marketing and long sales cycles.  By contrast, consumerization of software represents a big shift in how software solutions are priced, distributed, and marketed.  Simply put, Consumerized Software applications are engineered so that individual knowledge workers, teams, and departments within larger enterprises can…

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Intelligent Software: Powering the Rise of Small and Medium Size Businesses

Intelligent Software: Powering the Rise of Small and Medium Size Businesses

Omega Venture Partners’ recent investments in ZenBusiness and Otter.ai reflect our belief that Intelligent Software—Software fueled by data and powered by AI—has a compelling value proposition for SMBs.  Public names such as Shopify and Zendesk have proven that it’s possible to create $10B+ companies with an SMB-oriented go-to-market approach.  Secular trends propelling Intelligent Software—including the…

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Artificial Intelligence and the Future of Work

Artificial Intelligence and the Future of Work

Omega Venture Partners’ Thomas Malone recently authored a report entitled ‘Artificial Intelligence and the Future of Work’, in collaboration with Daniela Rus, Director of the MIT Computer Science and Artificial Intelligence Lab.  A summary of the report and its key recommendations follows below, along with a link to the original publication.     Executive Summary Artificial…

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The Rise of the API Economy

The Rise of the API Economy

The API economy is forever changing how the next generation of Intelligent Software companies go to market.   API-first companies provide businesses with the connective tissue to data and services that enable rapid innovation, create opportunities for new goods/services, and act as the starting point for future partnerships. API-led products have become key aspects of businesses’…

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Envisioning the AI-Empowered Future of Healthcare

Envisioning the AI-Empowered Future of Healthcare

Artificial intelligence is here and one of the industries it is most expected to transform is healthcare. Reflecting back upon the myriad private early-growth companies we have analyzed in recent months, we have reviewed numerous innovative and disruptive solutions that leverage AI to enhance everything from diagnostics and clinical infrastructure to records management, preventative care,…

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The New Intelligent Sales Stack:  How AI / ML is Revolutionizing the Sales Org

The New Intelligent Sales Stack: How AI / ML is Revolutionizing the Sales Org

Digital transformation is accelerating across companies and data has become the number one asset as teams look for competitive advantages, growth avenues, or cost-cutting opportunities. This is permeating throughout organizations and impacting how leaders manage business units and prioritize strategic initiatives, buying decisions, and human capital. Coinciding with this growing data-driven mentality is the adoption…

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The Rise of ML Ops

The Rise of ML Ops

Within the past few years, net-new markets, opportunities, and interest have been emerging from all manner of companies—financial services, healthcare, autonomous vehicles, consumer, and general developer-focused companies—in leveraging enterprise AI and ML for their customers as well as for themselves. While traditionally for enterprise customers, there is a tension between building solutions in-house versus buying…

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Powering Snowflake’s Big IPO: Data and Intelligent Software

Powering Snowflake’s Big IPO: Data and Intelligent Software

Snowflake Inc., whose software helps enterprises rapidly analyze business information, saw its shares more than double in value on its first day of trading.  What is behind the startup’s roaring IPO?  It all comes down to the company’s ability to unify business data—a critical pre-requisite to enable the build-out of Intelligent Software applications. While data…

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Robust Exit Activity Across the Intelligent Software Market

Robust Exit Activity Across the Intelligent Software Market

We believe that the commercial market for Intelligent Software—software applications and platforms that leverage Artificial Intelligence and Machine Learning—has reached an inflection point.  In this post we share some of the data points that demonstrate to us that real money is being made across this large and rapidly growing market. For starters, we note that…

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The Evolution of Function-Specific Software

The Evolution of Function-Specific Software

The role of the knowledge worker has seen a rapid transformation in the past few months as companies look to prioritize the digital economy and structure their organizations to be more agile, effective, and prepared. While Covid-19 has accelerated and illuminated this shift, the digital workflows of late are part of a much larger and…

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COVID-19, INTELLIGENT SOFTWARE, AND THE FUTURE OF WORK (PART III)

COVID-19, INTELLIGENT SOFTWARE, AND THE FUTURE OF WORK (PART III)

The pandemic has served to catalyze and accelerate seminal changes.  In this three-part article series, we will highlight some of the important themes and concepts that we believe will shape, and are shaping, the Future of Work in the post-COVID workplace. In Part I, we assessed the pandemic’s influence in redefining where and how work gets…

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COVID-19, INTELLIGENT SOFTWARE, AND THE FUTURE OF WORK (PART II)

COVID-19, INTELLIGENT SOFTWARE, AND THE FUTURE OF WORK (PART II)

The pandemic has served to catalyze and accelerate seminal changes.  In this three-part article series, we will highlight some of the important themes and concepts that we believe will shape, and are shaping, the Future of Work in the post-COVID workplace. In Part I, we assessed the pandemic’s influence in redefining where and how work…

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COVID-19, Intelligent Software, and The Future of Work (Part I)

COVID-19, Intelligent Software, and The Future of Work (Part I)

The pandemic has served to catalyze and accelerate seminal changes.  In this three-part article series, we will highlight some of the important themes and concepts that we believe will shape, and are shaping, the Future of Work in the post-COVID workplace. We’ve never seen anything like this COVID-19 pandemic in modern history, and we’re all…

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Intelligent Software is Accelerating the Recovery from COVID

Intelligent Software is Accelerating the Recovery from COVID

Omega’s observations these past months from the front lines of the promise and potential of AI-and-ML-enabled Intelligent Software have been reinforced further during the COVID crisis, as to the vital role AI is playing in addressing the globally challenged virus outbreak since inception. An AI startup was amongst the first to flag COVID in December…

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