SolvedBy.Ai - Comprehensive Analysis Report

Summary

SolvedBy.Ai is an Artificial Intelligence-as-a-Service (AI-as-a-Service) company based in the UK, dedicated to solving complex operational and human resources (HR) challenges for businesses. Leveraging advanced AI and machine learning, its mission is to maximize profitability and enable continuous adaptation for clients. Spun out of the WorkTech Group and formally launched in 2020, the company initially focused on workforce management solutions, including forecasting, demand, and scheduling. SolvedBy.Ai aims to deliver solutions that add at least £1 million annually to its customers' bottom line, targeting a 10:1 Return on Investment (ROI). The company serves a diverse client base, from mid-sized businesses to enterprise-level organizations like Boots, William Hill, and Wasabi Sushi & Bento, establishing itself as a significant player in AI-driven business solutions.

1. Strategic Focus & Objectives

Core Objectives

SolvedBy.Ai's primary business objectives include:

Optimizing Resource Allocation: Enhancing the efficiency of fixed and variable resource deployment through intelligent recommendations.

Enhancing Staff Retention: Utilizing predictive AI to identify employee retention risks and inform smarter hiring strategies.

Providing Advanced Forecasting Capabilities: Delivering highly accurate AI-driven forecasts for sales, demand, and revenue to aid optimal business planning.

Maximizing Profitability: Attaining a target of at least £1 million per annum added to customers' bottom line, aiming for a 10:1 ROI.

Specialization Areas

The company specializes in:

AI-as-a-Service Solutions: Delivering proven AI tools to solve intricate operational and HR challenges without requiring clients to have development skills or data science engineers.

Seamless Integration: Ensuring easy integration with existing technology stacks through robust APIs.

Semi-Bespoke Services: Repurposing its existing AI tools and models to develop tailored solutions for unique business problems.

Data Security and Compliance: Maintaining ISO 27001 and Cyber Essentials Plus certifications to ensure robust data protection.

Target Markets

SolvedBy.Ai primarily targets:

Geographic Focus: The United Kingdom and Ireland, with active expansion efforts into North American and Asian Pacific markets.

Client Segments: A broad range of businesses, from mid-sized companies to large enterprise-level organizations, across various industries seeking to optimize operations and HR functions.

2. Financial Overview

Funding History

SolvedBy.Ai secured a strategic Seed round investment on January 17, 2025. This funding round was led by notable investors Sir Terry Leahy and Bill Currie. This investment was strategically timed with the company's successful demerger from the WorkTech Group. The capital raised is earmarked to fuel the company's growth and further its mission of applying advanced artificial intelligence to solve complex business challenges. SolvedBy.Ai is a private, venture capital-backed enterprise. As of January 2025, the company achieved a record operational milestone, with over 5,000 business units across Europe utilizing its "forecast and decide" technology for operational decision-making.

3. Product Pipeline

Key Products/Services

SolvedBy.Ai offers a suite of AI-driven products designed for operational and HR optimization:

Forecasting SolvedBy.Ai:

Description: Provides advanced AI forecasting for sales, budget, and revenue, enabling optimal business planning.

Development Stage: Fully deployed and actively used.

Target Market/Condition: Businesses needing accurate predictions for sales, demand, and resource planning.

Key Features and Benefits: Automates predictions using multiple data sources, including third-party data like weather; outputs via API to Business Intelligence (BI) tools.

Demand SolvedBy.Ai:

Description: Forecasts labor demand to achieve customer satisfaction at optimal cost.

Development Stage: Fully deployed.

Target Market/Condition: Companies aiming to optimize staffing levels and operational efficiency.

Key Features and Benefits: Predicts precise labor requirements to balance service levels and cost.

Scheduling SolvedBy.Ai:

Description: Offers intelligent team scheduling capabilities.

Development Stage: Fully deployed.

Target Market/Condition: Organizations requiring optimized workforce scheduling.

Key Features and Benefits: Intelligent allocation of staff based on demand forecasts and operational parameters.

Retention SolvedBy.Ai (Retention.Ai):

Description: An AI solution for HR teams designed to improve staff retention and smarter hiring.

Development Stage: Fully deployed.

Target Market/Condition: HR departments seeking to reduce employee turnover and enhance hiring effectiveness.

Key Features and Benefits: Predicts the percentage probability an employee will leave within 30, 60, and 90 days, providing insights into correlating factors.

For every project, SolvedBy.Ai implements a proof-of-concept model to demonstrate the AI's superior outcomes compared to traditional management methods before full client commitment.

4. Technology & Innovation

Technology Stack

SolvedBy.Ai leverages a sophisticated technological platform underpinned by true machine learning and a diverse array of AI models:

Core Platforms and Technologies: Utilizes cutting-edge AI for forecasting, optimization, predictive modeling, and data engineering solutions. The platform offers a wide range of highly customizable algorithms.

Proprietary Developments: The company develops and deploys proprietary AI and machine learning models tailored to workforce challenges, achieving high accuracy, often exceeding 95% in sales forecasting.

Scientific Methodologies: Employs advanced mathematical modeling, utilizing deep learning-based solutions for automation, pattern recognition, and business intelligence, especially with large datasets. Predictive analytics tools, powered by machine learning, provide actionable insights into current and future trends.

Technical Capabilities:

Robotic Process Automation (RPA): Deploys AI robots ("bots") to automate digital processes, reducing time and costs, and improving accuracy. This also facilitates the conversion of unstructured and archived data into valuable, digitized information.

Optimization and Resource Allocation: Features a resource recommendation model that optimizes fixed and variable resource allocation, incorporating historical data, business rules, targets, and client preferences, including staff optimization and predictive inventory management.

Forecasting.Ai Pipeline: Utilized to forecast key demand factors such as items sold, revenue, orders, and visitors at a granular level.

AI Consulting Services: Offers expert guidance for organizations undergoing AI transformation, incorporating proof-of-concepts and project gateways to mitigate implementation risks.

5. Leadership & Management

Executive Team

Edward Hogg:

Position: CEO and Director

Professional Background: Co-founder of SolvedBy.Ai.

Key Contributions: Leads the strategic direction and overall vision of the company.

Ian Christopher Hogg:

Position: Director

Professional Background: Holds a directorial role within the company.

Key Contributions: Contributes to the governance and strategic oversight of SolvedBy.Ai.

Both Edward Hogg and Ian Christopher Hogg are also associated with Solved By Ai Holding Company Limited.

Recent Leadership Changes

On January 6, 2025, Solved By Ai Holding Company Limited was designated as a person with significant control. This change followed the cessation of significant control roles by The Work Tech Group Holding Company Limited and The Work Tech Group Ltd (formerly Sw Technology Holdings Ltd) on the same date, aligning with SolvedBy.Ai's formal demerger from the WorkTech Group around January 2025.

6. Talent and Growth Indicators

Hiring Trends and Workforce

As of January 2025, SolvedBy.Ai comprises a team of 18 skilled professionals. The workforce includes graduates from prominent institutions like the University of Edinburgh and Heriot-Watt University. The company maintains offices in Edinburgh and London.

Company Growth Trajectory Indicators

SolvedBy.Ai is actively pursuing expansion, having initiated ventures into the North American and Asian Pacific markets. This global outreach signifies a strong growth trajectory, building upon its established presence and success in the UK and Ireland. The company's goal to secure 5,000 active business units utilizing its technology in Europe further underscores its rapid scaling and operational expansion.

7. Social Media Presence and Engagement

Detailed information regarding SolvedBy.Ai's specific social media presence, engagement strategies, brand messaging, community interaction, thought leadership initiatives, notable campaigns, or viral content is not readily available. The company focuses on its professional service offerings and direct client engagement.

8. Recognition and Awards

Industry Recognition

SolvedBy.Ai holds significant certifications demonstrating its commitment to data security and robust information management practices:

ISO 27001 Certified: This certification highlights adherence to international standards for information security management systems.

Cyber Essentials Plus Certified: This certification indicates strong cybersecurity measures, providing assurance to clients regarding data protection.

9. Competitive Analysis

Major Competitors

SolvedBy.Ai operates within the broad and rapidly innovating market of AI solutions and workforce management software. While specific direct competitor names are not explicitly provided, the company competes with various providers offering solutions in:

Forecasting and Demand Planning Software: Companies that offer advanced predictive analytics for sales, budget, and operational demand.

Workforce Scheduling and Optimization: Providers of intelligent systems for managing employee schedules and resource allocation.

HR Predictive Analytics: Solutions designed to improve staff retention, talent acquisition, and overall HR efficiency.

General AI and Business Intelligence Platforms: Competitors include those focusing on predictive analytics software, data mining tools, and Robotic Process Automation (RPA), as these are areas where SolvedBy.Ai also offers capabilities. For instance, companies like Gong specialize in AI-driven sales optimization and forecast accuracy, while Smart Software provides expertise in demand planning and supply chain analytics.

The competitive landscape for AI solutions is characterized by continuous innovation and increasing adoption across diverse business functions. SolvedBy.Ai differentiates itself through its focus on proven ROI, ease of integration, and semi-bespoke service capabilities.

10. Market Analysis

Market Overview

The AI-as-a-Service market is experiencing rapid expansion, with projections indicating a global valuation of $123 billion by 2031. This robust growth potential positions SolvedBy.Ai within a burgeoning sector. AI is widely recognized across industries as a transformative force, providing solutions to complex challenges, enhancing scalability, boosting productivity, and fostering innovation. It empowers businesses to analyze vast datasets, forecast future trends with accuracy, automate repetitive processes, and make more informed decisions. Industries such as healthcare, finance, manufacturing, and retail are significantly impacted by the integration of AI applications, which include advanced predictive analytics, process automation, and personalized customer experiences. SolvedBy.Ai's strategic alignment with these trends underscores its potential for sustained relevance and growth.

11. Strategic Partnerships

SolvedBy.Ai actively engages in a Business Partnership Programme designed to extend the reach and impact of its AI tools.

Nature of Partnership: SolvedBy.Ai provides its AI solutions to partners to help them address challenges faced by their respective customer bases.

Strategic Benefits:

Customized Training: Delivers tailored training to partners' staff and stakeholders, ensuring optimal utilization and benefit realization from SolvedBy.Ai products.

Seamless Integration: Facilitates quick and easy adoption of AI technology through user-friendly APIs, enabling both partners and their clients to integrate solutions efficiently.

Expanded Market Reach: Allows SolvedBy.Ai to leverage partner networks to penetrate new markets and client segments indirectly.

Collaborative Achievements: These partnerships lead to the deployment of customized AI solutions that address specific client needs through a collaborative approach.

12. Operational Insights

SolvedBy.Ai's operational strategy is built on several key pillars:

Current Market Position: The company is a recognized provider of AI-as-a-Service solutions, particularly strong in workforce management and HR optimization. Its client base includes notable enterprise-level organizations, showcasing market trust.

Competitive Advantages:

Guaranteed ROI: A key differentiator is the commitment to delivering solutions that provide at least a 10:1 ROI, aiming for £1 million annually to customers' bottom line.

Ease of Integration: Solutions are designed for seamless integration with existing tech stacks, requiring no specialized development or data science expertise from clients.

System Agnostic: Offers flexibility by being compatible with diverse infrastructures.

Proof-of-Concept Model: Mitigates client investment risk by demonstrating tangible benefits and ROI upfront.

Operational Strengths:

Agile Development: Ability to repurpose existing tools and models for semi-bespoke client needs.

Strong Security Posture: ISO 27001 and Cyber Essentials Plus certifications ensure high data security and compliance standards.

Expert Team: A growing team of skilled professionals, including strong academic talent.

Areas for Improvement: While not explicitly stated, continuous innovation and expanding the range of readily available solutions to cover an even broader spectrum of operational challenges could further solidify its market position.

13. Future Outlook

Strategic Roadmap

SolvedBy.Ai is strategically positioned for sustained growth within the burgeoning AI-as-a-Service market, with a clear roadmap for future initiatives:

Planned Initiatives:

Product Enhancement: Continuous development and refinement of its core AI-driven products (Forecasting, Demand, Scheduling, Retention) to offer even greater accuracy, functionality, and ease of use.

Consulting Expansion: Further development of its semi-bespoke AI consulting services, leveraging existing AI capabilities to solve new and complex client-specific problems across various sectors.

Growth Strategies:

Market Deepening: Solidifying its market presence and expanding its customer base within its established core markets of the UK and Ireland.

Geographic Expansion: Aggressive penetration and expansion into new international markets, specifically targeting North America and the Asian Pacific regions.

Partnership Leveraging: Expanding its Business Partnership Programme to broaden its reach and deliver tailored AI solutions through collaborative channels.

Expansion Opportunities:

Broader AI Application: Extending its AI expertise beyond workforce management into an even wider array of operational and HR challenges, identifying new high-ROI use cases.

Client Education: Continued focus on stakeholder education during AI consultancy to foster sustained adoption and maximize long-term benefits for clients.