E242 That Great Business Show - We bring you the 'Absolute Truth' - Partsol CTO, John Callahan - Wales wants your business, Mark John, founder Tramshed Tech

That Great Business Show

E242 That Great Business Show

We bring you the 'Absolute Truth', as Florida HQ'd Partsol announce they've moved their operational HQ to Ireland. John Callahan, CTO Partsol has just landed in Ireland with a very, very interesting twist on AI - they search for information in a very different way, hoping to expunge mistakes (some error rates with other AI systems can be as high as 25% according to John). Their product is aimed particularly at sectors that really, really need absolutely accuracy in its information (banks, insurance companies, government). They've had interest from Hollywood. And, even the simplest businesses can benefit from Partsol knowledge as well, like bread making. He explains. And, they're looking for businesses to partner with.

Partsol has already raised $17.5 million already and they're going again to raise up to $50 million to make a land grab. He's hiring and just four days in Ireland he has already hired his first hire. They need up to maybe 100 more people...and that's just in Ireland. They'll be hiring across Europe.

His 'hire in a heartbeat' is Chris Baker, a rollercoaster thinker.

Mark John, founder of Tramshed Tech. Thanks to the Welsh Government office at the British Embassy in Ireland, we will be running a series of chats highlighting the opportunities for Irish businesses using Wales as a stepping stone to the UK market, that is six times the size of the Irish market. They have many incentives to entice companies to base themselves in Wales, including introductory offers on office space, they have a couple of investment funds (you need to register as a UK company to benefit), as well as family offices etc, and a networking system not unlike Ireland. The Welsh know every other Welsh person, anywhere. The creative sector is very strong and Mark says there are many opportunities for Irish creative companies, including access to the UK broadcast market.

His 'hire in a heartbeat' David Stevens, of The Admiral Group

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