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Steve Akers

Professional Background

Steve Akers is a seasoned technology executive and entrepreneur with a rich history of leadership in the fields of computer science and business administration. He has demonstrated a remarkable ability to navigate the intersections of technology and compliance, delivering innovative solutions that drive business growth and operational efficiency. As the Founder and President of Maxcogito, Steve continues to leverage his extensive background to foster advancements in the tech industry all while maintaining a focus on compliance analytics.

Before founding Maxcogito, Steve held several notable positions at Bloomberg, a global leader in financial services, software, and analytics. As the Vice President of Compliance Analytics and Applications at Bvault Labs, he was pivotal in developing robust solutions that ensured compliance and optimized analytics for clients. Additionally, during his tenure as the Executive Director of Bloomberg Laboratories, he guided teams in the research and development of cutting-edge technologies that supported the company's strategic objectives.

Steve’s entrepreneurial spirit was evident early in his career when he founded and served as the CEO and President of Rivelando, where he contributed significantly to the development and launch of innovative tech solutions. His commitment to enhancing technology began as the Chief Technology Officer at Digital Reef, a position he founded, where he played a critical role in pioneering data management solutions.

Prior to his roles in founding and leading innovative tech firms, Steve profoundly impacted the telecommunications sector as the Chief Technology Officer for wireline networks at Nokia. His leadership in research for technology development laid the groundwork for significant improvements in network architecture and design.

Steve's early career was marked by numerous key positions, including as the Chief Technology Officer and Founder of Springtide/Lucent Technologies and Vice President of Engineering at Springtide Networks. His tenure in these roles showcased his capability to innovate and adapt in a rapidly changing technological landscape. His experience also includes serving as the Chief Technology Officer and Vice President of Architecture at Shiva Corporation, as well as a Software Architect and Project Leader at Stratus Computer, where he honed his technical skills and leadership abilities.

Through his diverse roles, Steve has not only driven technological advancements but has also been an advocate for integrating business acumen with technical expertise. He brings a holistic approach to technology development, ensuring that products and services not only meet the highest standards of innovation but also align with business strategies and customer needs.

Education and Achievements

Steve Akers achieved a robust educational foundation that combines technical proficiency with business acumen. He pursued a Master of Science in Computer Science (MSCS) at Boston University, where he deepened his understanding of advanced computational theories and practices. Furthermore, Steve earned a Master of Business Administration (MBA) in Business Administration from the University of Massachusetts Lowell. This combination of technical and business education has been pivotal in shaping his career, enabling him to bridge the gap between complex technological challenges and business strategies.

Steve's repertoire of experiences showcases an impressive array of achievements that underline his excellence in the field of technology. Having founded and led multiple companies, he possesses valuable insights into entrepreneurship, product development, and strategic innovation. His contributions have significantly impacted various sectors, particularly in compliance solutions, data management, and telecommunications.

Achievements

Steve Akers is recognized for a range of achievements throughout his career, including:

  • Founding Maxcogito: A venture that stands at the forefront of compliance analytics and applications, reflecting his ongoing commitment to fostering innovation and business growth.
  • Leadership at Bloomberg: Contributing to the technological and compliance-focused advancements at one of the world's most prestigious financial firms.
  • Entrepreneurial Success: Successfully founding multiple technology companies, demonstrating his ability to identify market needs and create solutions that resonate with customers.
  • Innovative Contributions: During his tenure at various organizations, he has played a crucial role in developing products and services that have redefined industry standards and practices.
  • Technical Excellence: With a strong background in computer science and technology leadership, Steve has been at the helm of developing numerous technology frameworks and applications that cater to diverse business needs.

Steve Akers remains a prominent figure in the technology and busi

Highlights

Jun 9 · linkedin

A very senior Sales Executive in my network observed that enterprise software sales are being hampered (or interest in buying more of existing enterprise software solutions has cooled) with the advent of Generative AI.

This person is on the front lines and would know when he is seeing a trend. This gentleman is also very experienced and thoughtful, so his observations carry a lot of credibility.

Some of his quotes:

"I think that enterprise software is also hurting in part because of investment being diverted to laying the railroad tracks for AI. Enterprise willingness to pay for, say, price increases for CRM licenses isn’t there. They (are) insisting on deeper discounts."

"I’ve been in enterprise meetings that start with the CIO asking: 'before we dive into your pitch, please convince me you’re still relevant in a post generative AI world.' "

"GAI is sucking all the air out of the room."

This is fascinating, and it has been a long time since the presence of a new technology has C-level executives evaluating what projects they choose to fund. I remember when carrier networks had to decide when to cutover from earlier technologies and adopt IP, but that is the closest thing I remember to a technology causing everyone to rethink what and how they are approaching the acquisition of technology.

As I have posted about before, generative AI is causing C-level executives to make sure there is a business case for AI and are spending time and resources to determine that it is implemented safely and in a way that won't damage their services and brands. What I did not anticipate is that it may be causing a re-evaluation of what software enterprises are investing in now and whether generative AI will eliminate the need for a lot of software products that they have relied on for a number of years.

Perhaps it is just uncertainty over the economy, but the comments reported by my colleague show that generative AI is something that is giving executives cause to re-evaluate what software they are willing to buy.

The recent difficulties in the SalesForce sales numbers may be indicative of this trend. This video clip addresses this situation:

https://lnkd.in/eMb4wbCb

Related Questions

How did Steve Akers' education in Computer Science and Business Administration influence his career path in technology?
What innovations has Steve Akers introduced during his time at Bloomberg LP that have significantly impacted compliance analytics?
In what ways has Steve Akers leveraged his experience as a founder and CEO to shape the direction of Maxcogito?
What challenges did Steve Akers face when transitioning from a technical role to a leadership position, and how did he overcome them?
How has Steve Akers' role at Rivelando contributed to his overall success in the technology industry?
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Location

Mashpee, Massachusetts