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After tripling revenue in 2022, Lexion lands $20M to expand AI-powered contract management software

GeekWire

From left: Lexion CTO and co-founder Emad Elwany; CEO and co-founder Gaurav Oberoi; and Chief Legal Officer Jessica Nguyen. Lexion Photo) Lexion gained a foothold by using artificial intelligence to help legal departments manage contracts. Lexion has established itself as a leader in the legal tech and contract management sectors.

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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

According to IDC’s July 2023 Future Enterprise Resiliency & Spending (FERS) survey of 856 senior IT and business managers in large enterprises, the IT line items most affected, in addition to rising tech salaries, include SaaS and PaaS costs. But despite such challenges, CIOs say they’re meeting them head on. Here’s how.

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NCMS CIO exploits ‘Great Resignation’ to slash costs, streamline IT operations

CIO Business Intelligence

The Global Workforce Hopes and Fears Survey , conducted by PwC, predicts that one in five workers worldwide may quit their jobs in 2022 with 71% of respondents citing salary as the major driver for changing jobs. At that time, application migration was under way, and our supply chain software was also getting a major upgrade.

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9 tips for recruiting high-end IT talent

CIO Business Intelligence

Recruiting and hiring high-end IT talent is among the most challenging tasks IT leaders face today. The IT skills shortage is critical, with CIOs losing talented employees faster than they can hire them,” said Mbula Schoen, senior director analyst at Gartner, in a recent Q&A. “IT CIOs, and their recruiting teams, are well aware.

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Vote for Startup of the Year: Arrived Homes, Lexion, Phaidra, Shipium, WhyLabs

GeekWire

Legal contracts. E-commerce fulfillment software. Founders : CEO Ryan Frazier and CTO Kenny Cason were previously at Simply Measured. Co-founder Mac Brown was also an early Amazon employee and later joined Zulily, where he was vice president of supply chain and fulfillment software. Real estate ownership. Industrial AI.

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11 ways to reduce your IT costs now

CIO Business Intelligence

Consider consumption-based contracts One of the best ways to align IT costs with value-generating outcomes is with consumption-based pricing, although it may seem like a higher-cost option. Consumption-based contracts are self-optimizing,” says Gartner’s Buchanan.

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Seattle startup Worksphere helps manage process of returning to and running offices after pandemic

GeekWire

If and when workers return to offices in the wake of the COVID-19 pandemic, a new Seattle startup called Worksphere is looking to make the process safer and more manageable with a software platform that tracks everything from seating arrangements to contract tracing. and other seed funds and angel investors.

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