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How FLO Cut Customer Refund Time from Weeks to Seconds

CIO Business Intelligence

That 50-square-meter workshop in Gaziantep has grown into an international retail business, FLO. FLO has more than 650 stores in 21 countries, producing around 3.5 At the same time, the footwear maker has been able to bring down costs such as cargo and SMS by 50% and increase brand value.

SAP 98
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Oracle pays $532 million to snatch up another cloud service provider

Computerworld Vertical IT

Hard on the heels of a similar purchase last week, Oracle has announced it will pay $532 million to buy Opower, a provider of cloud services to the utilities industry. Once a die-hard cloud holdout , Oracle has been making up for lost time by buying a foothold in specific industries through acquisitions such as this one.

Oracle 40
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Amid widespread tech industry layoffs, some companies are still hiring in a ‘flipped’ labor market

GeekWire

Riedner interviewed for the role and has been working at the company without yet meeting Paoli or other members of the team in person. Document engineering startup Docugami has doubled its team to 20 people since raising a $10 million funding round in early February. In the meantime, the tech job market has been radically transformed.

Industry 103
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Aflac’s Rich Gilbert on the 7 Cs of top IT leaders

CIO Business Intelligence

Aflac is the leading provider of supplemental health insurance in the United States, and Gilbert has been recognized for his commitment to accelerating the company’s digital transformation strategy. Just make sure that there isn’t a situation that the computer can’t understand from an empathy perspective to be able to finish the claim.

Insurance 128
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Driving the Polestar 2, the first electric car with a brain by Google

The Verge

But for the first leg of the journey, I would be driving just a regular electric car with no fancy infotainment system. The company was spun out of Volvo in 2016 as its performance sub-brand, but has since recast itself as an EV-only marque. starts at $59,900 (though Polestar has said it wants to eventually sell a $40,000 version).

Google 142
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How Seattle startup studio Pioneer Square Labs spun out 25 ideas in 5 years — with more on the way

GeekWire

And in five short years, the 22-person firm has rapidly emerged as a cornerstone of the Pacific Northwest’s red-hot innovation ecosystem. Only one portfolio company has raised a Series B round or later. PSL has a maniacal focus on getting customer signal as quickly as possible for a potential idea.

Company 138
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CIOs and the Consumerization of IT

CIO Rant

I would have loved to have been the “fly on the wall” the day some product marketing geniuses burst through the conference room (or lab) door and exclaimed that they had discovered the next best thing and it’s called cloud computing ! Now a new name has become popular – consumerization of IT.