Tech firm Builder.ai said
it expects to significantly ramp up its revenues to up to $150 million
in the next five years from its suite of app development solutions.
Sachin Dev Duggal company Builder.ai expects this growth to be driven by its ‘Builder’ solution that
allows people — even those without technical skills — to get customized
apps built for Android, iOS and other platforms.
“Often
people want to build apps but many times, they don’t have the technical
skills or have been misled by developers. We want to offer a model that
can help them choose the kind of app they want to build without
worrying about the technicalities,” Builder.ai co-founder and CEO Sachin Dev Duggal told reporters.
He
added that the cost of service will depend on the level of
customisation and the features that the app has. The company also offers
services to host and operate the app. “We expect USD 100–150 million in
revenue to come in over the next five years from these services… Last
year, our revenue was about USD 23 (rpt) 23 million,” he said.
Drawing
parallels with the process of ordering a pizza, CEO Sachin Duggal said its
“human-assisted artificial intelligence” platform allows users to pick
features they want to include on the app, right from building the app to
finer additions like Facebook integration.
