First of all, how are you and your family doing in these COVID-19 times?
Peter Malyukov: Thanks! My family and I are safe. We keep our distance and avoid crowds of people.
Tell us about you, your career, how you founded YOUS.
Peter Malyukov: Born and raised in Russia. For 5 years, I have been friends with computers. My father assembled the first ZX Spectrum computer, which drew me into the IT world.
Now I am an IT entrepreneur, and I have been living in Cyprus for 10 years. I have more than 13 years of entrepreneurial experience and founded 5 international companies. There have been ups and downs in my life. For the last 6 years, I have been managing a telecom company (which I founded and was its CEO). It develops products for secure communication (cellular communications, VoIP communications, and the development of a secure OS for Android).
The experience gained, and connections from the telecom industry are now investing in my new startup YOUS, an AI translator for voice calls. YOUS recognizes telephone speech, translates it, and speaks synthesized voice in the language of the interlocutor. We combine advanced AI and telecom technologies. In the end, we give a finished product that helps people overcome the language barrier and communicate in their native language with other people around the world.
How does YOUS innovate?
Peter Malyukov: A key innovation of YOUS is that we use advanced AI technologies to interpret audio-video calls.
YOUS to make telephone interpreting 8x cheaper and 30x faster service availability than with human interpreting.
We invite you to test the work of YOUS on our website and leave your feedback in the feedback form.
How the coronavirus pandemic affects your business, and how are you coping?
Peter Malyukov: During the pandemic, the use of telecommunications products, teleconferencing, and telemedicine applications has increased over the past six months.
People started to use online products more often, and this had a positive effect on our project.
Initially, most of our employees worked remotely, and we easily accepted the new rules.
Did you have to make difficult choices, and what are the lessons learned?
Peter Malyukov: I had to rebuild my life for online meetings and part-time work from home, but this had a positive effect not only on work but also on strengthening family values.
The world will not be the same, it will only get better, and it will benefit everyone.
How do you deal with stress and anxiety?
I try to spend time in nature, regularly go in for sports, read books, listen to classical music, and am filled with children’s laughter. You need to learn to enjoy life «Here and Now,» and the pandemic helped in this. Save time that you can spend with your family.
Who are your competitors? And how do you plan to stay in the game?
Peter Malyukov: Our competitors are platforms that connect human translators and people in need of telephone interpretation services.
With the help of AI, we plan to reshape the telephone interpretation market and enable millions of people to communicate freely around the world.
Your final thoughts?
Peter Malyukov: Take what is happening for granted. Everything will be OK! Find an opportunity in any problem.