This post is part of our live coverage of FinovateEurope 2015.
FOBISS is next with its intelligent business operations technology that leverages the power of artificial intelligence.
FOBISS CM performs the complex cash-demand forecasting and optimization tasks using its integrated artificial intelligence algorithms, capable of real-time processing of large amounts of information, evaluation of historical data, relations between them, trends, and projections. It chooses the optimum decisions out of millions of possible combinations—something standard analytical tools cannot do.The biggest value of the technology lies in its rich, advanced analytic tools, such as “what if” scenario modeling based on real-time profitability counting capabilities, which allow decision makers not only to make the best operational and tactical decisions in real time, but also to flexibly and timely adjust to the winning strategies.
Presenters: Managing Director Mindaugas Leonavicius, and Global Sales Director Andrius Ojeras
Product launch: 2011
Product distribution strategy: Direct to Business (B2B) through financial institutions, through other fintech companies and platforms; licensed
HQ: Eindhoven, Netherlands
Metrics: 30 employees
Website: fobiss.com
Twitter: @FOBISS_BV