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Foundry for Builders is putting in the hands
of these entrepreneurs the best technology
that exists from an earlier point in that company's
lifecycle.
The ability to help a company go from zero to one faster
with enterprise-grade technology on day one
or year one versus year 10 is huge.
It's been so energizing working with these young companies
alongside creative and mission critical founders who
are trying to solve real-world type of problems.
We help older Americans find and enroll in the right Medicare
plan for them.
The challenge of retiring is hard enough.
And we don't want there to be any additional stress
or worry when people have to make
this really identity-provoking transition point.
There are a lot of data challenges, data integration,
data management, data access challenges.
Our mission as a company, we really
believe from blockchain technology
and all the applications that could have democratizing,
and emancipating, and things like the financial network,
records and identity management, medical records, supply chains,
things like that.
So we want to help proliferate that technology.
But if it can't be trusted and audited,
it's very hard for people to adopt it.
We are at the start of a very long journey.
But it's clear when that journey is
going to lead, which is to enormous, vast scale data,
and very, very rapid asynchronous call transactions.
So we want to build the foundation now
that will allow us to grow.
So we're always constantly thinking
of what is the best place to store data, how do we index it,
how do we access it in a way that makes it
most performant for our users?
Any time a new data set is updated,
I don't worry that there's some issue with the pipeline
because the Foundry pipelines work
and there's monitoring and alerting built-in.
So I don't have to worry.
I'll get notified.
Any time I have a question around what's
going on in this part of the business,
I can just pull up the report or dashboard
we have set up for that.
And so I have to bother my team less, I think,
than I would otherwise have to.
We can really easily understand whether there
is a lot of heterogeneity and plan in a particular geography
or on a particular contour.
And then that allows us to focus our energy
for building our product in places where it's
going to add the most value.
We had a big gaping hole in our capabilities.
The bank that we partner with in Norway,
we weren't able to replicate it immediately here in the UK.
And so we needed to move fast, but we
needed to replace all that functionality.
Just for an example, we were quoted a platform
that would allow us to build out our bank operations
and would take about six months to deploy.
We didn't have that time and we didn't have those resources.
I discovered that Foundry is opening up to startups
and it was like manna from heaven.
There was really no way I could conceive
of that we were going to get around
this problem in a sustainable way.
After a few successful partnerships
with these tech-powered companies,
we realized that we should just be leaning into this,
and giving people the software, and letting them run with it.
I told my team, who frankly didn't believe me,
that I could replicate most, if not all of that, functionality
within Foundry myself and be able to do my day job.
I was able to build out the ontology
and to build out some actions that
started us down the path of replicating full bank
operations.
I can now see granularly every step in the transaction,
from any one buyer walking--
working through our transaction flow and a merchant's checkout
to an aggregated level.
Having that visibility has immediately
allowed us to identify key areas of friction in that flow.
We were able to do pretty advanced and sophisticated
business operations, metrics, and reporting
in a few days, set that up in a few days.
Whereas I've seen this at larger organizations
it can take months or years to set up
the level of sophistication of reporting we're able to do.
Foundry accelerates our data component,
and accelerates our operations, and allows
us to provide really great services.
We are now exploring using Foundry as actually
a customer data platform instead of using some of the existing
ones just because it's a great source of truth.
Foundry is something-- it represents
a technical aspect of something that's very important to me.
And that's putting almost infinitely scalable,
and lossless systems, and processes in place
at an early stage.
Approaching a problem in a really novel way
and not just trying to compete.
If Foundry can help accelerate the delivery of their product
and their solution and bring that to the world faster,
that's what's really motivating.
Founders are focused on this unique thing
that they are attempting to build in the world,
and Foundry is an accelerant helping them
achieve their mission faster.
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