Driving Enterprise Innovation with GenAI – Insights from Bernd Vindevogel, CEO of ArcFusion

December 18, 2024 - 2 min read

In our new limited fireside chats with leaders in tech, Vodworks CEO Sakib Mirza dives into the world of generative AI with Bernd Vindevogel, co-founder and CEO of ArcFusion. With a career spanning hands-on data science, strategy consulting at McKinsey, and executive leadership at True Digital Group, Bernd is now focused on launching a generative AI startup.

ArcFusion is a Bangkok-based technology company formed by a dynamic team of innovators at the forefront of Generative AI. The team designs and builds cutting-edge enterprise solutions that feel natural and intuitive.

This episode explores the challenges enterprises face when adopting innovative technologies like generative AI, examines how startups can bridge the gap between vision and execution, and shares Bernd’s journey from corporate life to entrepreneurship, highlighting how he has found balance along the way.

What You’ll Learn:

Why enterprises struggle to embrace generative AI despite its potential.
The importance of fostering a company culture that promotes trust and support to drive innovation effectively.
Insights for transitioning from corporate to startup life and finding balance as an entrepreneur.

Key Takeaways:

1. GenAI adoption is slow in enterprises.
"Despite the fact that two years ago ChatGPT came and everybody was quite amazed, most organizations have not changed much. And two years is not a small amount of time."
– Bernd Vindevogel, co-founder and CEO of ArcFusion

AI startups like ArcFusion aim to solve this problem by optimizing corporate processes, building custom generative AI solutions, and guiding clients through the challenges of implementation.

2. No one has extensive experience in GenAI.
Given how new the AI technology is, it is extremely difficult to hire people with extensive experience in the field. Companies should adapt and hire professionals with engineering and strategic consulting experience to overcome the knowledge gap.

3. Corporates are not naturally built for innovation.
Bernd shares his opinion on how large organizations are often successful because they excel at planning and minimizing risk - qualities that inherently slow down innovation. Innovation, by its very nature, involves taking risks. In contrast, startups thrive on experimentation, adaptability, and speed, which are the key drivers of innovation.

4. Corporate innovation requires a culture of balancing trust and performance.
A supportive, trustful culture encourages people to take risks and innovate, but startups must also focus on performance and revenue to stay afloat. The best innovators master this balance, driving both creativity and accountability.

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