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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. But now it’s taking aim at a much larger vision.

CTO Hire 103
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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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5 key metrics for IT success

CIO Business Intelligence

Rate of change “The most important metric for IT success is rate of change,” says Nicolas Avila, CTO for North America at IT and software development company Globant. Ensuring end-user satisfaction begins with periodic surveys to collect user feedback. Here they are.

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11 ways to reduce your IT costs now

CIO Business Intelligence

Companies taking a multicloud approach can experience ballooning OpEx numbers, says Barrett Schrader, managing director of the technology consulting group at Protiviti: “Organizations can take advantage of volume discounts with reduced complexity. Consumption-based contracts are self-optimizing,” says Gartner’s Buchanan.

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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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What is a CTO? The exec who sets tech strategy

CIO Business Intelligence

What is a CTO? The chief technology officer (CTO) is the senior executive who focuses on the technological requirements, opportunities, and challenges within an organization. What does a CTO do? What does a CTO do? Years ago, the CTO most often led the infrastructure function.

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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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