CXO Nexus brings visibility and actionable insights into what global enterprises are truly spending on their vendors.
Large enterprises spend billions on vendors, sometimes more than 50% of annual budgets.
The lack of visibility into actual vendor spend stems from multiple causes: legacy and multiple financial systems, human error, the sheer volume of transactions, and a complicated channel of resellers. This unreliable data results in financial waste, poor negotiation leverage, redundant vendors, and increased risk.
Our Co-founder lived this PAIN while trying to shave 5-7% off the annual $800M spend with Information Technology (IT) vendors at a Fortune 500 financial services firm. These challenges could not be solved on a human scale. CXO Nexus was born to deliver real-time, unbiased, AI-driven visibility into true Vendor Spend, simply, quickly, across all financial systems, to empower C suite decisions.
Meet the Team
The CXO Nexus team comes together with extensive market knowledge and thought leadership to create a long-term, evergreen solution that radically improves Enterprise Leadership’s ability to better invest in the future.
Ken has extensive experience advising G5000 leadership, institutional investors, and management teams of vendors with fact-based, demand-side data. Formerly the Founder & CEO of TheInfoPro (acquired by 451 Group), the standard-bearer for demand-side research in the IT industry, Ken and his teams delivered trusted, current and relevant data to IT leadership, with no spin or bias.
President & COO
John brings a vast set of expertise and market knowledge to his role at CXO Nexus, including business and technical leadership, SaaS and Cloud innovation, go-to-market leadership, API development, and partner engagement. He was formerly Global Vice President of ISV Business Development at SAP Ariba, Vice President, Business Development and Partner Cloud Ecosystems and Senior Director, Partner and Business Development lead for SAP Ariba’s Open Ecosystems.
VP Corporate Development
Shelley Alger brings over 25 years of business startup strategy, business development, operations, investor relations, and strategic growth experience. She was the first employee and ran business development and M&A for Critical Path, one of the first SaaS companies, and later co-founded a food technology company. She is an advisor to several early-stage and social impact companies.
Barrington Young PHD
Chief Data Officer
Dr. Young was formerly the Business Intelligence Engineer / Data Scientist for Amazon, the Principal Data Scientist for USAA, the Principal Data Scientist for Schwab, Principal Data Scientist at Alight Solutions, the Business Intelligence Architect for Boeing, and the Computational Intelligence Expert for IBM at AK Steel. He is also an adjunct professor at St. Edward’s University in Austin, Texas, teaching Computer Science.