Transformation in Oil and Gas: DocStudio's CTO Perspective | EUGENE SOLOVIOV, ENERGIZE, Episode 6

ENERGIZE: The Tech Revolution
15 Sept 202423:55

Summary

TLDREugene Soloo, co-founder and CTO of Doc Studio, joins the 'Energize the Tech Revolution' podcast to discuss his journey from software engineer to tech entrepreneur. He shares insights on Doc Studio's document management and e-signature platform, highlighting its role in promoting paperless processes across various industries. Eugene emphasizes the importance of addressing inefficiencies, regulatory compliance, and data security in document management. He also touches on the company's focus on AI integration, the future of document management, and offers advice for aspiring tech leaders.

Takeaways

  • 😀 Eugene Soloo, the co-founder and CTO of Doc Studio, joins the podcast to discuss document management and e-signature solutions.
  • 🌟 With a background in electronic data interchange and supply chain management, Eugene is on a mission to promote paperless processes for businesses of all sizes.
  • đŸ’Œ Eugene's professional journey includes roles as a software engineer and entrepreneur, co-founding multiple businesses across various industries.
  • 🔍 Doc Studio specializes in document management and e-signatures, aiming to streamline procurement, sales, and master data management processes.
  • 📈 The company addresses pain points such as inefficiencies in document management, regulatory compliance, data security, and accessibility across industries like oil and gas, retail, and healthcare.
  • 📊 Doc Studio's solutions for the oil and gas sector focus on enhancing compliance, streamlining document handling, and automating emission reporting.
  • 💡 AI and machine learning are on the horizon for Doc Studio, with potential to improve document processing efficiency and data extraction.
  • 🔒 Security and privacy are paramount, with Doc Studio offering advanced measures to protect sensitive data and ensure compliance with industry standards.
  • 🌐 Doc Studio's client base is global, with a significant presence in Houston and Calgary, reflecting the platform's broad applicability and flexibility.
  • 📈 Measurable success for Doc Studio's clients includes reduced operational costs, faster document processing times, and improved compliance accuracy.

Q & A

  • Who is Eugene Soloo and what is his current role?

    -Eugene Soloo is the co-founder and CTO of Doc Studio, a document management and e-signature platform. He has extensive experience in electronic data interchange, supply chain management, and document management across various industries.

  • What motivated Eugene to transition from a developer to a CTO?

    -Eugene’s passion for technology solving real-world problems, particularly in business processes, drove him to focus on management and document management solutions. He recognized the efficiency improvements that could be made in these areas, which motivated his move from software engineering to leadership roles.

  • What industries does Doc Studio serve, and what are the primary challenges it addresses?

    -Doc Studio serves industries such as oil and gas, retail, supply chain management, and insurance. The platform addresses challenges like inefficiencies in document management, difficulties with regulatory compliance, and data security concerns.

  • Why did Doc Studio target industries like oil and gas and retail?

    -Doc Studio targeted these industries because they handle large volumes of operational and legal documents manually, which leads to inefficiencies and errors. These industries also face significant challenges in regulatory compliance and data security.

  • How does Doc Studio incorporate AI into its product development?

    -Doc Studio is actively exploring AI to automate processes like data extraction and regulatory document handling, but the company is cautious due to AI’s current security limitations. AI implementation is on their roadmap for future development.

  • What differentiates Doc Studio from other document management platforms?

    -Doc Studio stands out through its tailored solutions for specific industries, its advanced automation capabilities, and its ability to convert unstructured documents into machine-readable formats. It also supports both structured and unstructured documents, offering a flexible and customizable platform.

  • How does Doc Studio ensure document security and privacy?

    -Doc Studio ensures security through features like audit trails, automated workflows, and secure data storage. They also focus heavily on compliance with industry standards, enhancing accountability and transparency in document management.

  • What KPIs do Doc Studio’s clients use to measure success in the oil and gas sector?

    -Clients in the oil and gas sector typically measure success using KPIs like document processing time, cost reduction per document, compliance accuracy, and overall process efficiency. Some clients have reported reductions of up to 50% in document processing time.

  • What are the future trends in document management that Eugene foresees?

    -Eugene foresees trends like the integration of AI and machine learning to enhance automation, the growing importance of security and transparency in document transactions, and the rise of collaboration tools that support distributed teams working in real time.

  • How can people connect with Eugene Soloo?

    -People can connect with Eugene Soloo through LinkedIn. He is open to engaging with industry peers, especially as Doc Studio expands its presence in Canada.

Outlines

00:00

👋 Introduction to Eugene Soloo and Doc Studio

Eugene Soloo, co-founder and CTO of Doc Studio, joins the podcast to discuss his company's document management and e-signature platform. With a background in electronic data interchange, supply chain management, and e-signatures, Eugene aims to promote paperless processes in various industries. His professional journey includes being a software engineer, growing into senior engineering roles, and co-founding multiple businesses. His mission is to enhance efficiency and security in procurement, sales, master data management, and team collaboration through digital solutions.

05:03

🔍 Targeting Industries and Pain Points Addressed by Doc Studio

Doc Studio focuses on industries like oil and gas, retail, and supply chain management, addressing pain points such as document management inefficiencies, regulatory compliance challenges, and data security. The company provides tailored solutions to enhance operational efficiency and compliance, streamlining document handling and improving data accessibility. Eugene shares insights into the specific challenges faced by these industries and how Doc Studio's platform helps to automate and secure document processes, including participation in industry standard development groups.

10:05

💡 Unique Features and Security Measures of Doc Studio

Doc Studio differentiates itself from other document management platforms by offering comprehensive document automation and industry-specific solutions. The platform excels in converting unstructured documents into structured, machine-readable formats, streamlining workflows, and enhancing efficiency. Eugene emphasizes the importance of security and privacy, discussing how Doc Studio incorporates measures to protect sensitive data. The company's flexible pricing model and scalability are highlighted as competitive advantages.

15:05

📈 Success Metrics and Customer Impact in the Oil and Gas Sector

Eugene discusses how Doc Studio's success is measured through key performance indicators (KPIs) such as processing time, document cost reduction, and compliance accuracy. Customers in the oil and gas sector have reported significant operational cost reductions and time savings due to the platform's automation capabilities. The elimination of manual paperwork flows is cited as a notable achievement, showcasing the platform's impact on efficiency and compliance in the industry.

20:06

📚 Book Impact and Final Thoughts from Eugene Soloo

Eugene shares his favorite book, 'The Psychology of Persuasion' by Robert Cialdini, which has influenced his understanding of marketing and persuasion. He offers advice for aspiring tech leaders, emphasizing the importance of a strong technical foundation, leadership skills, and aligning technology strategies with business goals. Eugene also stresses the need for adaptability, creativity, and effective communication to ensure that innovations are recognized and valued. He encourages making complex problems simpler and ensuring that solutions are well-known and understood.

Mindmap

Keywords

💡Document Management

Document management refers to the systematic organization, storage, retrieval, and control of documents in an organization. In the context of the video, Eugene Soloo discusses how his company, Doc Studio, focuses on streamlining document management processes to increase efficiency and reduce costs for businesses. The video highlights the importance of managing legal and operational documents, especially in industries like oil and gas where regulatory compliance and data security are paramount.

💡E-signature

E-signature, as mentioned in the script, is a digital signature that provides a secure and legally binding way to sign documents electronically. Eugene's mission with Doc Studio is to promote the adoption of paperless processes, which includes the use of e-signatures. This technology is integral to the platform's services, enabling businesses to securely and efficiently manage signatures and approvals, thereby enhancing the overall document management process.

💡Electronic Data Interchange (EDI)

EDI is a standardized electronic format for exchanging business data, such as purchase orders and invoices, between organizations. In the transcript, Eugene's background in EDI is highlighted, emphasizing his expertise in electronic document interchange. This is relevant to Doc Studio's services, as the platform likely supports EDI to facilitate seamless and efficient document exchanges between businesses.

💡Supply Chain Management

Supply chain management involves the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to the final consumer. Eugene's experience in this field is noted in the script, and it's clear that Doc Studio's solutions cater to the needs of businesses within the supply chain, helping them manage inventory and order processes more effectively.

💡Regulatory Compliance

Regulatory compliance refers to the adherence to laws, regulations, and guidelines that govern a company's operations. The script discusses how Doc Studio addresses the pain points of inefficiencies and difficulties with regulatory compliance in various industries. The platform's solutions aim to automate and streamline processes to ensure businesses remain compliant with environmental regulations and other industry-specific requirements.

💡Data Security

Data security is the protection of digital information from unauthorized access, use, disclosure, disruption, modification, or destruction. It is a critical aspect of Doc Studio's platform, as highlighted in the script. Eugene mentions the importance of maintaining data security and trackability, which is essential for handling sensitive documents and ensuring the integrity of business operations.

💡Cross-Border Invoicing

Cross-border invoicing involves the process of issuing invoices for goods or services that cross international borders. Eugene's expertise in this area is mentioned, and it's likely that Doc Studio's platform supports businesses in managing the complexities of invoicing across different jurisdictions, which can involve various regulations, currencies, and languages.

💡Procurement

Procurement is the process of acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. The script indicates that Doc Studio's solutions are designed to improve efficiency in procurement processes, which is crucial for businesses aiming to reduce costs and enhance their supply chain operations.

💡Master Data Management

Master data management (MDM) is a process that consistently defines and governs an organization's critical data. Eugene's journey includes a pivot to MDM, providing customers with up-to-date data for their operations. This concept is relevant to Doc Studio's services, as accurate and consistent data is essential for effective document management and business operations.

💡Collaboration

Collaboration in the context of the video refers to the process of two or more people or organizations working together to achieve a common goal. Eugene discusses the importance of team collaboration and how Doc Studio's platform supports this by streamlining document handling and enabling efficient communication and coordination among team members.

💡Artificial Intelligence (AI)

AI refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. Eugene mentions AI as a future market trend and potential area of focus for Doc Studio. The platform may look to incorporate AI to enhance automation, data extraction, and provide deeper analytic insights, which would further improve document management processes and decision-making.

Highlights

Eugene Soloo, co-founder and CTO of Doc Studio, joins the podcast to discuss document management and e-signature solutions.

Doc Studio aims to promote paperless processes for cost savings, security, and efficiency in various industries.

Eugene's professional journey from a software engineer to a successful entrepreneur.

The importance of document management in streamlining complex business processes.

Doc Studio's focus on electronic data interchange, supply chain management, and document processes.

The rise of e-commerce and the need for accurate digital product data.

Eugene's experience in running an outsourcing company and an e-commerce business.

The founding of Doc Studio and its mission to simplify document exchanges for businesses.

Challenges in document management across industries like oil and gas, retail, and healthcare.

Doc Studio's tailored solutions for the oil and gas sector, focusing on regulatory compliance and document control.

The role of AI in Doc Studio's product development and the consideration of data security.

What sets Doc Studio apart from other document management platforms.

Doc Studio's global customer base and the company's approach to serving international clients.

Success stories of Doc Studio's customers in the oil and gas industry, including significant cost and time savings.

Future market trends in document management, including AI integration and security.

Eugene's personal recommendations for software tools that aid in data analysis and decision-making.

The book 'The Psychology of Persuasion' by Robert Cialdini and its impact on Eugene's understanding of marketing.

Words of wisdom from Eugene on becoming a tech leader, emphasizing the importance of technical foundation, leadership skills, and business alignment.

Eugene's advice on making complex problems simple and ensuring that great work is recognized.

Transcripts

play00:00

hi my name is Arjun Chri and welcome to

play00:02

energize the tech Revolution joining us

play00:05

today is Eugene soloo the co-founder and

play00:08

CTO of Doc Studio a powerful document

play00:11

management and E signature platform with

play00:14

extensive experience in electronic data

play00:16

interchange Supply Chain management

play00:18

document management e signatures and

play00:21

crossb E invoicing Eugene is a season

play00:24

entrepreneur having co-founded multiple

play00:27

businesses across Europe the US and now

play00:29

Canada his expertise spans multiple

play00:31

Industries including retail and oil and

play00:34

gas Eugene's mission is to promote

play00:36

paperless into day-to-day processes of

play00:38

large corporations as well as small and

play00:40

midsize businesses to provide cost

play00:43

savings security and increase efficiency

play00:46

specifically into processes of

play00:47

procurement sales Master data management

play00:50

Productions and team collaboration

play00:52

welcome to the show

play00:54

Eugene thank you for having me arent

play00:56

that's a great Mission let's look into

play00:58

it yes absolutely well um Eugene could

play01:01

you start off by sharing a little bit

play01:02

about your professional journey of how

play01:04

you started from being a developer to

play01:06

now a C2 of an

play01:08

organization all right all right so I've

play01:11

started as a software engineer back in

play01:14

2004 uh in Ukrainian Office of the

play01:17

Sweden internet service provider uh and

play01:20

I grew up there for the senior

play01:22

engineering role lots of great interest

play01:25

in projects fun fact actually once my

play01:28

team was running a project using a 3G

play01:31

network the cellon network which was

play01:33

unavailable at Ukraine at that time and

play01:36

so in order to run the tests we have to

play01:38

actually fly to Sweden to Stockholm for

play01:40

a few weeks just to test it I've always

play01:43

been fascinating with how technology can

play01:46

solve the real world problem especially

play01:48

in the businesses and so early I

play01:51

realized that management and a document

play01:54

management specifically was the critical

play01:56

part but often overlooked area of where

play01:59

the efficiency could be improved the

play02:02

challenge of the streamlining the

play02:04

complex processes and making them more

play02:06

intuitive and secured way is what

play02:09

driving me and I've joined an and the

play02:12

leading new newly created engineering

play02:15

team um of a company which were new at

play02:18

that time but later became a major

play02:20

player in the field of EDI electronic

play02:23

document interchange in Ukraine and uh

play02:26

several surrounding countries for the

play02:28

next six years we've built every from

play02:30

scratch and most of these tools work

play02:33

that's a fun fact once again for for for

play02:36

for now as

play02:38

well um and serving thousand of

play02:40

customers in in Supply management uh

play02:43

right now while we're doing so we saw

play02:46

the rise of Amazon and walmart.com and

play02:49

though um we thought that these online

play02:53

shopping Trends will quickly come to

play02:55

Europe and uh however we from the

play02:58

feedback of our customer we saw that the

play03:02

Digital Data of the products right is is

play03:04

the problem here so you cannot sell

play03:07

anything online if you have just the

play03:09

product name and the price and so we

play03:11

decided to start listic which is the

play03:13

open catalog of digital assets uh we

play03:18

pivot it several times and then we

play03:20

become Master data as a service provider

play03:22

provide our customers with the ability

play03:24

to download the data overnight and then

play03:28

we push the update so they

play03:30

would have the upto-date data um every

play03:34

time uh it wasn't the over night success

play03:38

right I've tried myself as an

play03:40

entrepreneur several times before that

play03:43

uh I've built a and run Outsourcing

play03:45

company with more than 70 Engineers

play03:47

serving the great clients like Coca-Cola

play03:50

and Ferrera and then I tried myself as

play03:52

the owner of e-commerce we delivered the

play03:55

Fred groceries beads devices you name it

play03:58

I must probably sell that on

play04:00

online every time I took an IT role and

play04:03

my co-founders took a sales and

play04:05

marketing now back in

play04:09

2019 uh I've just exited the Outsourcing

play04:12

company and we were looking for the new

play04:15

big

play04:16

idea um I met my co-founders my current

play04:19

co-founders and partners and we started

play04:21

Dog Studio based on the idea that

play04:23

businesses start at small with a few

play04:25

PDFs and the few signatures they need to

play04:28

collect and then then they grow and the

play04:31

more they grow they expose themselves to

play04:34

the world of strictly formatted highly

play04:36

standardized document exchanges and

play04:39

that's how I got

play04:40

here oh well that's that's great to hear

play04:43

thanks for sharing such an inspirational

play04:45

story uh Eugene and your journey now you

play04:49

mentioned that you're co-founder of Doc

play04:51

Studio would love to hear more about doc

play04:54

Studio yeah could you share some

play04:56

something about the doc Studio yeah sure

play04:58

sure uh so doc St was established with

play05:02

the focus on leveraging the extensive

play05:05

experience in electronic data exchange

play05:08

Supply Chain management and document

play05:10

management and processes actually we had

play05:13

back at that time with the Deep industry

play05:16

knowledge uh has been that that Been

play05:19

instrumental in shaping our platform and

play05:21

our solution enabling us to effectively

play05:24

address the diverse needs of a sectors

play05:27

such as uh Supply manag agement and

play05:30

Retail oil and gas and Industry and

play05:33

insurance

play05:34

industry uh to your question uh I'd say

play05:37

that now we are e signatures ocent

play05:40

exchange platform and to some degree uh

play05:44

to some extent uh we contract life cycle

play05:47

management

play05:48

platform thank you thanks for sharing

play05:50

that Eugene now some of the industries

play05:52

that you mentioned were oil and gas

play05:54

retail is where doc Studio operates in

play05:56

uh why did you target these specific

play05:58

Industries what were the challenges and

play06:00

pain points that you were noticing these

play06:02

industries that motivated you to start

play06:03

doc Studio would love love to know more

play06:05

on that yeah for sure uh we've been

play06:08

sitting and trying to identify the

play06:11

several at least several pain points

play06:13

which we're going to cover with our new

play06:15

product and uh we succeed in that across

play06:18

several Industries uh and and so those

play06:22

pain points were inefficiencies in the

play06:25

document management difficulties with

play06:28

Regulatory Compliance and the challenges

play06:31

in uh maintaining data security and

play06:34

trackability trans and accessibility of

play06:36

the data significant issue we found was

play06:40

that many organizations were still

play06:43

handling a large volume of legal and

play06:46

operational documents manually uh

play06:49

although they already had some

play06:51

Integrations and some software providers

play06:54

uh they still run a lot of unstructured

play06:57

or you might say not machine read able

play06:59

formats right and that LEDs to

play07:03

inefficiencies and errors and uh in turn

play07:06

that LEDs to additional Investments they

play07:08

needed in that space in order to clean

play07:11

those errors uh for instance oil and gas

play07:14

needed better compliance and document

play07:16

control emission reporting required

play07:19

accurate

play07:20

documentation uh Supply management uh

play07:23

and Retail businesses struggled with

play07:25

inventory and Order management some

play07:27

logistic companies needed stream line

play07:29

The Document Handling you know the

play07:31

healthcare still require some

play07:34

accessibility to patient records uh so

play07:38

that's how we got into those industry uh

play07:41

with with trying to solve these specific

play07:44

challenges uh and that is why that is

play07:47

why actually we focus on these sectors

play07:50

specifically thank you so much Eugene

play07:53

for sharing that and the idea behind

play07:54

ping doc studio and about the industry

play07:56

challenges um now in terms of like you

play07:59

know your product operating in your

play08:02

company operating the oil and gas space

play08:04

could we let's Deep dive into the

play08:06

specific products sced to the you know

play08:08

to the oil and gas sector could you

play08:09

share more on the specific products to

play08:11

this sector and also how is AI being

play08:14

incorporated into your product

play08:15

development process great question

play08:20

so we provide a range of tailored

play08:25

solution for uh Oil and Gas and energy

play08:28

sectors for focusing on enhancing

play08:31

efficiencies and compliance streamline

play08:35

the handling of regulatory documents

play08:37

contracts and operational reports for

play08:40

remission reporting we provide solution

play08:42

that automate The

play08:43

Collection verification and Reporting uh

play08:46

of emission data scope three

play08:49

specifically um what I can share is that

play08:52

within the PEX International

play08:54

standardized Forum that's the

play08:56

organization which govern that that fex

play08:59

standard which is uh petroleum industry

play09:03

data exchange uh

play09:05

standard we participate in the uh

play09:08

standard development work groups as well

play09:10

the emission transparency data exchange

play09:13

project team we've already automated

play09:15

Downstream and Company codes cataloges

play09:19

uh and actively looking forward to

play09:20

Bringing more on a table for the

play09:22

customers our platform helps companies

play09:26

maintain

play09:27

compliance uh with uh environmental

play09:30

regulations and facilitating

play09:32

accuracy uh and and U reporting

play09:36

processes this uh includes audit Trails

play09:40

automated workflows secure data storages

play09:44

uh which collectively enhance

play09:46

accountability and trackability and

play09:48

transp transparency of emission

play09:50

management by addressing these specific

play09:52

needs of the industry do Studio aims to

play09:56

provide operational efficiency and you

play09:59

know we're trying to support sustainable

play10:01

practices my team is actively looking

play10:04

into Ai and all the benefits we can

play10:07

bring to the customers uh uh

play10:10

incorporating AI into our platform but

play10:13

that is the road map still we trying to

play10:15

look because we we have a focus on on

play10:18

the data security and AI have known

play10:21

issues with that let's say so exciting

play10:25

times ahead for Doc studio um now Doc

play10:28

studio is is a document PL U management

play10:31

platform organization and there are many

play10:33

document management platform

play10:34

organizations out there what is it

play10:36

specifically about you know doc Studio

play10:38

that makes it unique uh compared to

play10:40

other companies and how does Doc

play10:42

Studio's platform ensure security and

play10:44

privacy of

play10:47

documents well we stand out from the

play10:50

other document management platforms uh

play10:53

through our comprehensive approach to

play10:55

the document Automation and uh

play10:59

integration but automation is the key

play11:01

here uh unlike others uh I'd say we

play11:04

offer tailored solutions that other

play11:07

specific industry need uh uh such as

play11:10

Regulatory Compliance and real uh time

play11:13

data processing work close uh should be

play11:17

uh specifically highlighted here right

play11:20

our

play11:20

platforms excel in converting

play11:23

unstructured documents into the

play11:25

structured one machine readable formats

play11:28

uh and that uh in terms streamline the

play11:30

work uh flows and enhancing uh overall

play11:34

enhancing uh efficiency that's for sure

play11:38

uh for the for the other uh companies or

play11:41

our competitors on the market it really

play11:43

depends

play11:45

on what how how deep our customer

play11:50

integrated in the into the uh

play11:52

environment of the industry the the

play11:55

document exchange environment of the

play11:56

industry and what industry we are

play11:58

talking about since we support

play12:01

structured documents like Eda X12 PEX

play12:06

Universal Business language and many

play12:07

many more uh as well as simple PDFs with

play12:11

or without signatures let's call it

play12:13

unstructured formats like Microsoft

play12:15

Office uh it really depends uh for the

play12:19

sake of the example uh I'd say if you're

play12:21

in a supply management and let's say

play12:24

You're A supplier of Amazon you have to

play12:26

utilize XML or X2 one way another uh

play12:30

there are great companies on the market

play12:32

with whom we compete providing faster

play12:34

and practical user interface and and a

play12:37

greater service different pricing models

play12:39

it's a fan fact is that some companies

play12:42

were built so so many years ago that uh

play12:46

the internet traffic was expensive back

play12:49

then and so they still would charge you

play12:51

per kilobyte of data exchanged right we

play12:55

do have more flexible 2024 pricing model

play13:00

and uh if you're a customer in oil and

play13:02

gas industry then there are others uh

play13:06

with whom we compete and trying to

play13:07

outpace them with advanced technology

play13:09

and greater service small businesses use

play13:13

PDFs to collect the signatures and so we

play13:16

have well-known competitor here as well

play13:19

traditional Solutions I'd say often

play13:22

struggle with the integration

play13:23

scalability and security we focus on

play13:28

offering the highly customizable

play13:32

platform um we scale with the growth of

play13:35

the business that's our key and then uh

play13:39

we incorporate a lot of security

play13:40

measures to protect the sensitive

play13:43

data thank you for sure sharing the

play13:45

unique uh value proposition uh Eugene of

play13:48

Doc studio um now Doc Studio given that

play13:51

it operates in you know caters to the

play13:53

oil and gas sector would it be safe to

play13:55

say that the majority of your oil and

play13:56

gas customers are located in Houston and

play13:59

USA and in Calgary in

play14:01

Canada yes it would be safe to say that

play14:04

uh while some of our customers and most

play14:07

of our customer within oil and gas

play14:09

industry are indeed located in Houston

play14:11

the us our client base spans globally uh

play14:16

we serve various Industries across the

play14:19

US Canada and Europe and that should

play14:23

somehow reflect the broad W and the

play14:25

flexibility of our solution uh our

play14:29

product management team is based in

play14:31

multiple

play14:33

locations uh throughout the the

play14:35

different regions uh to support uh our

play14:39

International clients

play14:41

effectively could you share specific

play14:44

examples of you know some of your

play14:46

customers in the oil and gas space who

play14:47

used your product and gained Savings in

play14:49

terms of time cost would love to hear

play14:52

what sort of kpis are being used to

play14:53

measure success of some of your

play14:54

customers in the oil and gas space

play14:56

brilliant question arjent love to

play14:59

measure everything so I can't share the

play15:02

exact numbers however I will sell that I

play15:05

will will say that our customers usually

play15:08

and typically would measure success

play15:10

using qpi like processing time PR

play15:14

document cost reduction per document uh

play15:18

and uh compliance and accurancy uh of

play15:21

the process overall uh some companies

play15:25

have reported oneir up to one3 reduction

play15:28

in operation costs due to streamlining

play15:31

that document processes and automation

play15:34

automation is the key here uh Time

play15:37

Savings Time Savings uh also notable

play15:41

thing here some clients experience up to

play15:44

half reduction in document processing

play15:47

times allowing them to respond quickly

play15:50

get the money in the bank quickly

play15:52

respond to Market demands uh and uh we

play15:55

all know that regulatory requirements

play15:57

are changing constantly so you have to

play15:59

adopt really quickly in order not to

play16:02

stop your business and uh ensure

play16:04

continuity right um some of our

play16:08

customers Logistic Company for instance

play16:11

they've been able to uh completely

play16:13

eliminate the manual paperwork flows and

play16:17

so that is that is success for me that's

play16:21

great to hear thanks for sharing all

play16:22

those success story there Eugene now as

play16:24

your company still growing and evolving

play16:27

uh with market trends could you share

play16:28

like like what what do you see as far as

play16:30

future market trends goes um in this

play16:33

document management platform

play16:34

specifically in the energy

play16:36

sector yeah I believe that the trends

play16:40

are likely to be driven by several key

play16:43

Innovations we're we're seeing right now

play16:47

first of all it's the integration of AI

play16:49

and machine learning that will enhance

play16:52

the Automation and and data extraction

play16:55

actually making um document processing

play16:59

more efficient and accurate uh I think

play17:02

that that is going to be enable deeper

play17:06

analytic insights and more Strate

play17:09

strategic decision making right in the

play17:12

end uh another trend is uh is

play17:16

interesting is that we see the more and

play17:19

more emphasis on the security

play17:22

trackability and the transparency of the

play17:24

document transactions and so I still

play17:28

believe that the the blockchain should

play17:30

have a role in that although we have to

play17:33

make those uh private blockchains

play17:36

cheaper and then

play17:39

finally I think that growing interest in

play17:44

enhan collaboration tools right uh which

play17:47

support the uh distributed teams in a

play17:51

realtime collaboration tools uh that

play17:55

that is the trend definitely and that

play17:57

Trend reflects to move towards more

play18:00

intelligent secure and collaborative

play18:03

document Management Solutions for sure

play18:06

uh and yeah this is this is the three

play18:10

three top trends I see right now thank

play18:12

you so much Eugene for sharing those

play18:14

perspectives uh so that concludes the

play18:17

formal portion of our interview today uh

play18:19

we like to end our our podcast show with

play18:22

a fun segment called a rapid fire where

play18:25

our viewers and our listeners get to

play18:26

know a little bit more about the

play18:28

personal side of guest so as part of the

play18:30

rapid fire I'll be asking you three

play18:31

questions are you ready yeah sure go

play18:34

ahead well firstly as this is a Tech

play18:37

podcast would love to hear from your end

play18:38

Eugene like what is a you know a

play18:40

software app or a hardware product that

play18:42

you enjoy using and you use on a regular

play18:45

basis well I would say that metabase and

play18:50

a data grip these are two product the

play18:53

metabase basically it's the uh business

play18:56

uh uh intelligence tool and a data grip

play18:58

the client to the database and so I use

play19:01

these tools a lot to slice and dice the

play19:04

data we have right and then get some

play19:07

answers get some insights run through

play19:10

them and

play19:12

uh basically those anwers allows us and

play19:16

me personally to make well informed data

play19:21

driven

play19:22

decisions um if we will and uh within my

play19:26

team I not only encourage the it guys to

play19:30

look into the the data right but we

play19:33

highly encourage the salespersons to

play19:36

answer the questions to the database get

play19:39

the answers don't make up the data you

play19:41

know so yeah metabase and and the data

play19:44

group great great Eugene now what's a

play19:47

book that you've read that has had a big

play19:50

impact on your life and

play19:51

why let me think about

play19:54

that well the psychology of persuasion

play19:59

by chelini Robert chalini uh it shows

play20:03

that that book shows me that everything

play20:06

around you is a manipulation not

play20:08

necessary in a bad way right it's it's a

play20:10

good thing eventually uh everything is

play20:14

marking and so the book explains the

play20:18

psychology of why people say yes and for

play20:23

introverts like myself it is really

play20:26

important to understand how to apply

play20:29

that in in the real world yeah for sure

play20:32

thanks for for sharing that and uh what

play20:35

would be like you know some final words

play20:37

of wisdom or a quote or perhaps a short

play20:40

story you'd like to end this podcast

play20:42

with to share with our viewers and

play20:44

listeners oh yeah for sure

play20:48

so for the guys who wants to become a

play20:52

tax leader and uh or or a CEO in a

play20:56

future I would say the

play20:59

focus on several key areas uh which is

play21:03

uh build a strong technical Foundation

play21:06

that is essential than the uh develop

play21:10

the leadership skills being a c is not

play21:13

all about the technical expertise you

play21:15

have to lead the teams you have to solve

play21:18

the people conflicts you have to

play21:21

understand uh and align your technology

play21:25

strategies with the business goals right

play21:28

understand in the business is the key

play21:31

here you have to know that not every

play21:35

Technologies brings value for the

play21:37

business right and if there is no value

play21:40

there is no

play21:41

innovation uh and uh in general uh be

play21:45

adaptive be creative uh and

play21:49

experiment the worlds of w words of

play21:51

wisdom let me think one of our customers

play21:54

actually shared once with me that it's

play21:58

not only that you have to make a great

play22:01

something you have to make sure that

play22:03

everyone around knows about that because

play22:06

there are a lot of things great things

play22:08

uh nobody knows

play22:10

about and um one more thing I wanted to

play22:14

share here is

play22:16

that it's actually uh I've heard that

play22:19

from my current partner with the studio

play22:22

he always say

play22:25

like make so that all the complex

play22:29

problem becomes a simpler one and the

play22:32

simple simple problem just disappear and

play22:35

that is truly a good way to manage

play22:38

things not only in your business but in

play22:40

your life as well so I think these two

play22:43

things really really important very well

play22:46

said Eugene well thank you so much for

play22:49

for sharing that um how can our viewers

play22:51

and listeners get in touch with

play22:53

you well I would say the the best and

play22:56

the shortest uh way to connect is

play22:59

LinkedIn that's for sure um I'm always

play23:02

there uh I might not answer right away

play23:06

but in a few days uh I I manage my

play23:09

things around and then I answer that uh

play23:11

I'm always open to engaging with

play23:13

industry peers especially when now we're

play23:16

trying to bring that beautiful platform

play23:18

to Canada so I'm constantly looking to

play23:21

the new connections within Canada

play23:24

it um yeah that's it well sounds good

play23:29

well thank you so much Eugene you know

play23:31

for joining our show it was an absolute

play23:33

honor and pleasure having you uh thank

play23:35

you for sharing your subject matter

play23:37

expertise and uh from the team at

play23:39

energize wishing you and the entire team

play23:41

of Doc Studio lots of success lots of

play23:43

growth um so there you have it ladies

play23:46

and gentlemen our episode for today and

play23:48

remember your one product away from

play23:50

transformation I'm arjin

play23:52

CH thank you arjin

Rate This
★
★
★
★
★

5.0 / 5 (0 votes)

Étiquettes Connexes
Tech RevolutionDocument ManagementE-SignatureEntrepreneurshipSupply ChainRegulatory ComplianceData SecurityEfficiencyInterviewInnovation
Besoin d'un résumé en anglais ?