What’s the future of IT Services? With Vadim Peskov. CEO of Diffco.
Hello everyone,
We have an exciting update for you this month! We're thrilled to bring you this insight from Vadim Peskov, CEO of Diffco, an IT services agency based in Silicon Valley. Our host, Sanchit, had a fascinating conversation with Vadim about how the IT services industry is evolving, especially with the rise of AI.
Hear the conversation here: Vadim Peskov: Information Technology services agencies pivot after economic downturn and AI usage. ( youtube.com )
A Peek into Silicon Valley
Vadim shared his remarkable journey and the growth of Diffco. What started as a web development company in 2008 has become a leader in AI and machine learning. Vadim has a unique vantage point in Silicon Valley, allowing him to observe and influence the latest tech trends. He discussed how Diffco has adapted over the years, embracing new technologies and methodologies to stay ahead of the curve.
AI and Developers: A New Dynamic
One of the key takeaways from the podcast was Vadim's perspective on AI's impact on developers. While AI is a fantastic assistant, it can't replace the deep understanding and expertise of experienced developers. Instead, AI enhances their capabilities, allowing them to create more robust and innovative software.
Vadim highlighted the importance of understanding the architecture and pointed out that AI tools can make good developers great by reducing their workload and enabling them to focus on more complex tasks.
Last Two Years and Changes in AI
In the past two years, there have been significant shifts in how AI is integrated into products. Unlike a decade ago, clients are now eager to incorporate AI into their offerings. Vadim noted that the choice of AI tools, such as ChatGPT and machine learning models, depends heavily on the specific task at hand.
For instance, machine learning remains crucial for analyzing large datasets, predicting patterns, and real-time tracking—tasks that large language models (LLMs) like ChatGPT are too slow to handle.
He mentioned that machine learning is indispensable in industrial applications like predictive maintenance and safety systems. For tasks requiring analysis of vast amounts of data, machine learning models outperform LLMs, which are not designed for such heavy lifting.
Vadim emphasized that Diffco employs a variety of AI tools and continuously tests new ones. The decision between commercial solutions from OpenAI, Anthropic, or Google and open-source alternatives like Llama depends on factors such as cost, specific task requirements, and data privacy concerns. Open-source models can be significantly cheaper and just as effective for certain tasks.
Navigating the AI Landscape
The discussion further delved into the importance of staying flexible and continually testing new technologies.
Vadim emphasized that sticking to a single tool or approach can be limiting, and businesses should always be on the lookout for better solutions.
This mindset has helped Diffco deliver cutting-edge solutions to its clients and maintain their competitive edge.
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Real-World AI Applications
Vadim provided real-world examples of how AI is being used across different industries. From machine learning for predictive maintenance in factories to AI-driven customer service, the applications are vast and varied.
He explained how AI is transforming industries by automating routine tasks, providing deeper insights, and enhancing decision-making processes. One intriguing example Vadim shared was the use of AI in predictive maintenance.
By analyzing large datasets from industrial machinery, AI can predict when a machine is likely to fail, allowing for timely maintenance and reducing downtime. This not only saves money but also increases efficiency and productivity.
Advice for Entrepreneurs
For startups and businesses, Vadim had some practical advice: before investing heavily in custom development, explore no-code and low-code solutions.
These platforms allow for quick and affordable testing and refining of ideas. They enable startups to validate their concepts without the hefty costs and time commitments of traditional development.?
Vadim recommended that entrepreneurs take advantage of the flexibility and speed offered by no-code and low-code platforms. Many successful startups begin by using these tools to develop their minimum viable product (MVP) and only move to custom development once they have validated their concept and secured funding.
Connect with the Innovators:
Join the Conversation
We invite you to listen to the full podcast to gain deeper insights from Vadim's experience. Vadim Peskov: Information Technology services agencies pivot after economic downturn and AI usage. ( youtube.com )
His expertise provides valuable guidance in navigating the fast-changing world of IT services and AI. Whether you're an entrepreneur or a tech enthusiast, this conversation is packed with useful takeaways.
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Marketing Strategist at illuminz
3 个月The podcast episode is incredibly insightful! Vadim your perspective on AI's role in the IT services industry is both fascinating and practical. I especially appreciated the advice for startups to explore no-code and low-code solutions before diving into custom development. Thank you, Sanchit Thakur and illuminz, for hosting such an engaging and informative conversation. Looking forward to more episodes like this!