Chief Executive Officer | episode 506

ThoughtTrace CEO Nick Vandivere

Nick Vandivere is the chief executive officer of ThoughtTrace, a document understanding company that utilizes AI to provide customers with access to critical insights from documents in real-time. As CEO, Nick has led ThoughtTrace’s transformation into a market leader in this space. Prior to joining ThoughtTrace, Nick was a member of the American armed services, and also worked at the US Department of State. November 26, 2020

506: ThoughtTrace CEO Nick Vandivere

  • The problems ThoughtTrace solves for its customers
  • How the company uses AI to create extraordinarily detailed models for natural language processing for highly specific use cases
  • Why some people miss the progress made in the realm of AI due to the future promise of artificial general intelligence
  • Why we should embrace incrementalism with AI
  • Why you do not need a degree from a top technology school to be effective with AI and data science tools
  • The right and wrong way to approach AI when first starting out
  • Why companies should ask if they have the requisite data in-house to build a durable AI model, rather than if they have a large enough quantity of data
  • Nick’s path from being an Army officer to a CEO

Among a variety of other topics.

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This episode is sponsored by Zoho and Sykes

"For AI companies, and certainly for companies that are not AI companies that are trying to do things with AI, the labor challenge, the race for talent is one of the hardest things. There is a strong bias out there that people think I have to have somebody that went to Stanford, Carnegie Mellon, MIT or something like that in order to get these things done, like objectively, I think that is just not true."

The World Class IT principles in yellow were the focus of this interview

  • 01 1- People
  • 02 2- Infrastructure
  • 03 3- Project and Portfolio Management
  • 04 4- IT & Business Partnership
  • 05 5- External Partnerships

From strategy to implementation

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