FYLD
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FYLD is an AI-powered digital platform that enhances the safety and productivity of fieldworkers in hazardous sectors such as gas, electricity, water, highways, and construction. It offers real-time video risk assessments to identify hazards and potential productivity blockers, providing real-time site visibility, eliminating paper-based forms, and reducing site visits. FYLD was launched in 2019 and started trading in 2021, as a collaboration between Boston Consulting Group Digital Ventures, Ontario Teachers’ Pension Plan’s venture incubator, Koru, and SGN.
Strengths
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Automation
Automated scheduling and time tracking
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Mobile App
Mobile app for easy access and management
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Integrations
Integrates with popular project management tools
Weaknesses
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Limited Features
Limited features compared to other similar tools
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Pricing
Pricing may not be suitable for small businesses
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Customer Support
Customer support may not be as responsive as expected
Opportunities
- Opportunity to expand features and services
- Opportunity to target new markets and industries
- Opportunity to form partnerships with other SaaS providers
Threats
- Competition from established players in the market
- Economic downturn may affect demand for the product
- Data security concerns may affect customer trust and adoption
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FYLD Plan
FYLD offers a freemium pricing model with basic features for free and premium features for $9.99/month.
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