NumerousAI is an AI-powered tool that can help you automate tasks, improve your accuracy, and generate ideas in Google Sheets. It is still under development, but it has the potential to be a valuable tool for businesses of all sizes who already use Google Sheets.

Pros:

• Automates tasks: NumerousAI can automate a wide range of tasks in Google Sheets, such as formulas, formatting, and charts. This can save users a lot of time, which they can then use to focus on other aspects of their work.
• Improves accuracy: NumerousAI can help to improve the accuracy of spreadsheets by catching errors and suggesting improvements.
• Generates ideas: Based on the data provided, NumerousAI can generate ideas for how to analyze the data based on headers of the data and understanding the context of the data.
• NLP: With NumerousAI, it is easier to use NLP to put in prompts like how you would instruct someone to do something with a data set. Be it ‘Make a chart comparing variable x to variable y’ or ‘Add a new column that subtracts column D from column A’, NumerousAI can understand the task and perform the actions subsequently.
• Recommendations: Given a task that NumerousAI is not able to perform accurately (i.e. a complex formula), NumerousAI will respond either by asking for more information, suggesting some possible answers for which the user then picks from, or providing guidance to documentation.

Cons:

• Learning curve: NumerousAI has a bit of a learning curve, however, users who are familiar with Google Sheets should be able to pick it up quickly.
• Data Privacy: There is not enough information in regards to privacy and if information the AI is leveraging will used to train the model, so for now it is advised not to upload sensitive data.

 

Sample use cases for Founders

• Forecast revenue: Numerous.ai can be used to forecast revenue by analyzing historical data, such as sales figures, customer data, and marketing data. This can help founders to make better financial decisions and plan for future growth.
• Identify customer pain points: Numerous.ai can be used to analyze customer feedback and identify common pain points. This can help founders to improve their products and services to better meet the needs of their customers.
• Optimize marketing campaigns: Numerous.ai can be used to track the performance of marketing campaigns and identify which campaigns are most effective. This can help founders to improve their marketing ROI and reach more potential customers.

 

Sample use cases for VC fund managers

• Identify key signals for successful exits: Numerous.ai can be used to analyze data on past investments to identify key signals that are correlated with successful exits. This can help VC fund managers to make better investment decisions and identify the most promising investment opportunities.
• Analyze capital deployment over time: Numerous.ai can be used to track the capital deployment of VC funds over time. This can help VC fund managers to identify trends and make better investment decisions.
• Build forecast models: Numerous.ai can be used to build forecast models for industries, sectors, and specific companies. This can help VC fund managers to make better investment decisions and manage risk.

 

Capria’s Take

Overall, NumerousAI is a powerful AI tool that can help users of Google Sheets save time, improve accuracy, and generate ideas however, it is important to note that it is still under development and does not have enough information from a data privacy perspective to ensure data will remain secure. Once NumerousAI has more information related to its data handling and validates that the platform does not train the AI model on inputted information, Capria definitely will start using the tool as it is very promising to conduct data analysis quickly.