Joining me is Arun Arikath, Chief Commercial Officer at Saal.ai. Arun, thank you very much for joining Fintech TV. Saal.ai is an AI company — can you tell us about the focus of the company today and your role?
So as we know, many things with regard to AI are completely dependent on the underlying thing which is the data. Saal focuses on big data and the next layer which is artificial intelligence. We have a product which caters to big data called Digital, and on top of that we undertake various AI use cases, AI decision intelligence, and agent AI initiatives. My role is predominantly the growth, marketing, and strategy associated with the organisation.
Can you tell us about the types of companies you are working with?
Some names have complexities associated with non-disclosure agreements. But where I can, I can give you some cues. We work with one of the largest oil companies in this part of the world. We work with restricted domains associated with defence and allied organisations. We work on real estate — one of the companies in that space where we do have a right to name is Imkan. And Alliance Football Club is another organisation we work with. So looking at the sectors — real estate, restricted domains, government aligned entities — and now we are also working with ADX.
Are you working with ADX — can you explain what that engagement looks like?
Many organisations are looking at how to get value out of the data they hold. Every organisation is sitting on holes of data which is itself a dataset. There is a huge possibility of monetising that data. One of the engagements we currently have — we have multiple engagements with ADX — is around how ADX can monetise its data in a way that will be beneficial for ADX as well as for the wider stakeholders and market participants. And this is not necessarily only UAE market participants — it is market participants across the world.
How have you found this event and what are the key takeaways?
This has been a good event — especially around the space of stock exchanges, the trading community, and brokerages. It is a wonderful fraternity that has gathered. Many people are talking to us about trust levels in AI and where they will be able to start utilising it. But having said that — everyone is using AI today. There is nobody who has yet to start using AI. It is only a level of maturity.
A smarter way of using it?
A smart way of using it. Like any other technology — in the right hands the best results will come. With the wrong hands, things can go wrong.
Arun, thank you very much for joining us.
Thank you. Thanks a lot.
