Prime View The 10 Most Emerging Startups of 2018 | Page 37

The World of Technology is all About AI The contemporary world is tailor-made for the companies who are pushing the boundaries of technology. The entire world has realized the worth of Artificial Intelligence and Machine Learning but still lack the direction and expertise. The biggest challenge faced by Tardid was to change the mindset of the industry. To make them understand that there is a possibility for a scientific process to understand critical failures proactively, and this in turn became the best opportunity for the company. Challenges Strengthens the Journey Another challenge was to keep the company bootstrapped for close to 1.5 years. This was intentionally done so that Tardid can develop the technology without getting into the pressure of revenue generation. Other prominent issues were, to find potential technology evangelist customers who appreciate the company’s service and product. Tardid was offering something exceptional and never before seen in the market which made it difficult to convince the customer. But, newer challenges kept the path exciting for the evolution hungry company. The Mechanical Doctor: ensures sustainability and business continuity against all disruptions and stagnations. Major Factor of Company’s Success is Tardid’s Team While considering the completion of company’s successful years, Neel sincerely expresses his gratitude towards “The Team”. He says, “The team has worked without getting any special benefits and still they have given more than their 100%. We have kept our feet on the ground and just worked really hard and will still continue to do so. We were lucky to have investors who allowed us to focus on product and technology development.” Also, Tardid was conceptualized at presumably the right time, when the world is moving towards the industry 4.0 and availability of the desired resources made it the apt time to work in this area. Furthermore, the aging infrastructure of the heavy industry has created a need for companies like Tardid to provide them with solutions which can help them increase their sustainability. Motivated Team There is an age old saying, "When you love the work you do, it doesn’t remain work anymore." At Tardid, every individual member has been hand picked for performing the task they enjoy and want to work on. Neel added, “I feel proud to say, that one of our members left his cushy job in Norway to come work with us at a much lower compensation than what he was getting.” Besides that, the company has created such a work-culture where employees are encouraged to bring the difference to a table when opinions mismatch and discuss what fits the best. Building Long-term Customer Relationships The industries that Tardid works for, thrives on long-term relationships. Moreover, the company builds the business models which offer clients with the flexibility to start small and gradually make it bigger. Tardid believes in long-term relationships with their customers instead of just a retail one-time relationship. They ensure that their customers also appreciate this mutual dependence in order to obtain the best results. Artificial Intelligence is the Ultimate Future of Technology The industry is evolving, the future ahead is very bright. Someone has correctly said that, “Artificial Intelligence will effect everything, there is nothing it will not touch”, we are just at the beginning of the bell curve of growth. It’s a long journey with global need, increasing every second. www.tardidtech.com 37