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Dear Interos team member –We are grateful to your review and appreciate your comment about our product team to be extraordinary. We could not agree more.
It is important though to share a differing opinion about the other comments that you have made, including a false assertion about our AI and ML teams.
Our team members consistently indicate that they are kept well informed by the leadership (72%) and their direct management (88%) based on our most recent employee survey. We have monthly all-hands that provide significant details on our financial, technology and revenue performance.
As with many other companies in the tech industry, we have seen the market impacting our ability to scale sustainably and we have aligned our people and financial resources to reflect the economic realities. This has not been easy, but we have still made significant progress in revenue growth, margin increases and technology innovation, including the recent launch of industry-first capability for tailored risk intelligence.
While economic challenges persist, we have not lost focus on delivering competitive compensation and benefits to our team members year over year. Every year, since 2020, our market-based merit has been significantly more competitive than the general market. Unlike other companies, we evaluate compensations 3X a year and take action where needed. We are very proud of the delivery of these total rewards. Our benefits are seen by many as a strong differentiator.
Recently, we have made decisions to realign our technology investments, but we did not lay off our whole ML and Data Science team. We made specific changes to right size the team to the current environment and preserve critical capability. We have integrated ML and data science efforts tightly with product teams and we are accelerating innovations to market. These teams are strong and focused on executing our product strategy to deliver predictive insights and actionability.
Addressing the experience level of our C-levels in start-up and scale-up, it is demonstrated by their public profiles that our COO, CPTO, CFO, CPO, and many others amongst the leadership, have start-up and scale-up experiences including many positive financial exits and IPO expertise.
To round-out our reply, please note that we are excited to welcome our new CEO, Ted Krantz. Ted has more than 20 years of CEO and executive leadership experience scaling success in artificial intelligence market leaders and ERP organizations. He brings deep sector expertise, including a history of strong operational rigor and a demonstrated track record of driving impressive growth at various stages of multiple SaaS AI companies. Prior to joining Interos, Krantz served as CEO at mobile intelligence platform data.ai, where he helped drive significant recurring revenue growth and the use of artificial intelligence technology across nearly all the company’s product lines. Additionally, Ted has held top go-to-market and sales roles at technology companies including Skai, C3.ai, SAP America and Oracle.
We are also excited that Jennifer Bisceglie, our Founder, will continue to share her vision and expertise by remaining with the company as our Executive Vice Chair and working closely with Ted Krantz to continue our trajectory of growth and product innovation.
We are all focused on one thing and that is to build on the recent momentum and ensure we deliver value to all of our shareholders, including our team members who have equity interest.
