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Proptech in Review: Investors predict slower growth in 2023

TechCrunch

It’s not a huge stretch to say that today, as tech increasingly permeates property development and housing, few except those operating in the sector can truly pinpoint what’s happening in the fast-developing world of proptech. TC: There’s a lot of overlap between construction tech and proptech. And where do they overlap?

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Private equity looks to the CIO as value multiplier

CIO

PE investors are increasingly recognizing digital transformation and AI as critical drivers of competitive advantage, adds Cache Merrill, founder and CTO at software development firm Zibtek. “As All roads lead to IT,” says Corrigan, a veteran of PE-backed firms, with World Insurance backed by Goldman Sachs and Charlesbank.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue.

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12 strategic tips CIOs can learn from tech vendor CTOs

CIO

The changing landscape of IT, driven by rapid advances in technology and digital transformation, has seen a shift in CIOs’ responsibilities and challenges. Here are 12 other tips tech vendor CTOs have to offer CIOs embarking on a more software- and services-defined digital journey.

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The Significance of Open Source Software in the Digital-First Future Enterprise

CIO

As companies shift their focus from the digital transformation of individual processes to the business outcomes enabled by a digitally transformed organisation, software engineering will become a core enterprise capability. 61% of respondents rated the performance of OSS as being superior compared to proprietary software.

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Gradient Ventures backs Axle’s ‘Plaid for insurance’ approach to data verification

TechCrunch

The inability to accurately assess risk for insurance purposes is costing the industry a lot of money. Earlier this year, State Farm reported that its property and casualty underwriting business took a $13 billion hit in 2022 due to “rapidly increasing claims severity and significant additions to prior accident year incurred claims.”

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YC-backed Curacel unveils new API platform that enables tech-led businesses to offer insurance

TechCrunch

Curacel , the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. Insurance companies were losing a lot of money to fraud.

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