On 13 December 2023, Mr. Mohammad Fayadan Hossain, Co-founder & Managing Director of Hishab interviewed on The Prestige Global about his journey with Hishab.
In this interview Mohammad Fayadan Hossain explained the background about himself. He started his university life in 2012 at North South University in the BBA program. When he was in 1st semester that time he realized the value of time & started to teach students.
At 21 years old he found himself thrust into the role of Project Director for Bangladesh’s first private port. During this time, he had the opportunity to oversee the procurement of Bangladesh’s first rail-mounted crane, worth $2.5 million. But he yearned to embark on a journey of entrepreneurship, where he could pursue his own vision and unfortunately, his first business endeavor turned out to be a major failure, lasting only a year.
During this challenging period, fate intervened as he crossed paths with Zubair Ahmed, the founder of Hishab at a coffee shop and heard his thoughts. From that time, started a new journey with Hishab.
There, Mohammad Fayadan Hossain, talks about Hishab’s technology infrastructure behind it, about the intellectual properties especially patents & vision of making Telephony network-based conversational AI.
Hishab’s journey in research and development commenced in 2016 with an audacious goal: to pioneer the uncharted territory of voice technology. It’s AI systems house an extensive repository of voice and data, collected from a wide array of sources. This diverse dataset allows us to engage in meaningful conversations. When you interact with us, there’s no need to wait for a human agent to pick up your call. Our automated system handles your queries, offering suggestions and providing information. Our track record speaks for itself, with an impressive 86% success rate in automating the customer calls to one of the largest energy providers in Japan.
Hishab’s journey began with empowering rural communities through digital access, and it has culminated in pioneering voice-based payments that have the potential to transform not just the microfinance industry but the broader landscape of digital transaction of voice data in Bangladesh.
To explain Hishab’s long term vision he said Hishab revolves around creating a solution that doesn’t necessitate internet connectivity, downloading applications, or essentially requiring any sort of learning curve. Instead, it offers a user-friendly system that requires people to just talk about what they desire. This is the essence of democratizing technology. Once technology is accessible to all, its impact depends on how citizens harness it to enhance their lives. This is our contribution to society: empowering individuals to make informed decisions and drive progress in a knowledge-rich and technology-driven Bangladesh.
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Hishab is a world leader in telephony-based Conversational AI technology. Hishab holds over 30 Patents (approved) and 24 Patents (under processing) in over 26 countries across the world. Hishab’s team is represented by people from 8 different countries across Europe and Asia. German and Norwegian Engineering meets with Japanese and Bangladeshi leadership to bring the world’s MOST innovative solution for the digitalization of the mass across the world.