Story

Intellifusion, developed and refining the Idea of ConsAI during
MoonBattle Season 2,
grabbed the opportunity to compete at the
MoonBattle Conference 2024 in Milpitas, Silicon Valley

We at ConsAI, understand that even the most successful businesses encounter challenges along the way.

We specialize in leveraging cutting-edge AI technologies to help businesses to overcome obstacles and achieve their goals.

By harnessing the power of AI, we can offer insights and solutions that are data-driven, precise, and tailored to your specific needs. Whether it’s optimizing operations, refining your marketing strategies, or enhancing customer experiences, we’re here to support you every step of the way.

If you like their project, support ConsAI by sharing and liking it. The number of likes will enhance their chances of securing a spot at the event.

Problem Statement:

In today’s rapidly evolving business landscape, organizations face a myriad of challenges that hinder their growth, innovation, and competitiveness. Traditional consulting firms often struggle to provide timely, data-driven solutions that address the complexities and uncertainties inherent in modern business environments. As a result, companies are left grappling with inefficiencies, missed opportunities, and a lack of strategic direction.

Solution:

Every business is unique, and we believe in delivering customized solutions that align with the objectives and resources. That’s why our approach begins with a thorough assessment of our client’s current situation, followed by collaborative brainstorming sessions to identify the most effective strategies for their success.

As AI technology advances rapidly, some companies find it challenging to stay abreast of the latest trends, often due to a lack of time to familiarize themselves with new tools. ConsAI, leveraging a team of experts proficient in various GPT technologies, offers consultation services to these companies. This guidance not only facilitates the resolution of their immediate operational challenges, such as time management but also presents opportunities for financial savings.

Sports companies that want to use artificial intelligence (AI) to solve their business problems often are at a loss of HOW or WHAT AI tool to use effectively. That’s where our company, ConsAI, can help. We can work with sports brands like DICK’s Sporting Goods, NIKE, and Adidas, helping them with things like reducing cost of software development, designing logos, perform AI-driven data anlytics, and a lot more. Our team contains experts with domain knowledge of AI tools and also understand the sports marketplace, making a partner of choice. In a recent consulting engagement, we provided a sporting goods company transparency into shippings cost across various vendors using AI tools and enabled them to negotiate better shipping fees. A video demo of this is in the link belo.w

The Idea

the idea behind creating an AI-based business consulting firm is to harness the power of artificial intelligence to provide innovative, data-driven solutions that address the complex challenges faced by businesses in today’s dynamic and competitive environment. By leveraging AI technologies, such as machine learning, predictive analytics, and automation, these firms can deliver personalized, scalable, and impactful consulting services that drive sustainable growth, innovation, and success for their clients.

The Innovative Design

Benefits:

As AI tools proifirate, it’s smart to use those tools to your business advantage. With new AI developments, like ChatGPT, we’re heading towards a future where AI can solve many of our problems more efficiently. The issue is many people don’t know how to use these advanced AI systems well. At ConsAI, we close this gap by using AI to solve problems for you.

Pricing 

Our consulting services are tailored to the specific needs of our clients, with pricing reflecting the complexity of the task. For instance, basic tasks such as calculating shipping costs for a sports company may be billed at $200/hour, while more intricate projects like website code development may warrant a higher rate, up to $400/hour. Our projected employee compensation for each consultant of our 10 consultants is set at $100/billable hour, and we plan on paying the 1 operational staff $75/hour with an additional $50/week allocated for AI platform costs. 

Assuming a total of 400 consulting hours per week (10 consultants x 40 hours/ week) at average rate of $300/hour our annual revenue will be $5.8m/ year. The cost of employees (11) and software platform for the year will be $2.13m. This gives us a profit of $3.67m/year, with a profit margin of around 63%.

SWOT

Strengths :- 

• Understand the business (know the customer)
• Have mentorship and guidance 

Weaknesses:- 

• My awareness of AI tools / landscape is still developing
• I don’t have a brand recognition for my services

Opportunities:-

• AI Consulting market size growing. Big consulting companies will be too slow to adapt and hire the right resources

Threats:-

• Tools not mature yet and can make fictional answers. Can misguide client

AI consulting competitive comparison

TAM :-$250B 

The management consulting market is valued at a total market value of $250B.

SAM :- $10B but GROWING to $100B 

AI consulting is expected to reach $100+ billion by 2028, and is currently valued at $10B.

SOM:- $100m 

We are targeting to cover 1 percent of the total AI consulting market in our first years.

Why People would buy our Service

Our service is helpful and we make sure to explain the solution in a way that you can understand, so you can come out of these coachings with more knowledge all thanks to ConsAI.

Story

• The Objective is to build an AI consulting practice called ConsAI.
• We possess deep knowledge about the various tools in the AI ecosystem and can find the right tool for the right business problem