Software Business Management Company to Provide Financial Services Insights on Costs and Risks of Software Decay, Technical Debt, and Digital Transformation
SAN FRANCISCO, CA and JACKSONVILLE, FL -- (September 28, 2016) - Docio (http://www.docio.io/), a veteran-owned product portfolio intelligence and software development analytics spin-off product from feature, today announced it will lead discussions on driving the creation of quality software solutions and improving productivity while reducing software errors and vulnerabilities at the 2016 FinTech Event held by Wells Fargo Bank in partnership with Vets in Tech, GSVlabs and Bunker Labs on October 18th in San Francisco.
"Although local investors are important, the door to Silicon Valley is no longer locked for veteran-founded companies. We can't be more excited for Docio and Jacksonville's future," explains John Fails, Executive Director of Bunker Labs Jacksonville.
The event brings together an audience of select venture capitalists, executives, CIOs, CTOs, Security Professionals, and IT Leaders from the financial services industry to discuss business technology innovations and leveraging new tools to uncover hidden software weaknesses, deliver better customer experiences, and maximize existing resources with data-driven strategies to modernize applications, mitigate risks, and build valuable enterprise software assets. This includes representatives from Microsoft Ventures, Wells Fargo Accelerator, NorWest Venture Partners, Silicon Valley Bank, GalvanizeSF, and several other elite firms from Sand Hill.
"Bunker Labs is authentic. They have demonstrated time and again the "give first" attitude to the veteran entrepreneur community. They have a huge presence in national innovation and startup conversations, and Docio has experienced real opportunities created for Jacksonville-based businesses on stages, and with brands, we don't have access to locally. It's not just Bunker talks a good game, they have the ability to deliver.
We are excited and impressed with the Silicon Valley FinTech opportunity afforded to us by Bunker, and we're hoping to bring education and more awareness to how much software REALLY runs organizations. Too many executives, both business and IT, truly don't know how much risk is in their software portfolios and don’t take care of Technical Debt until it cripples scalability and productivity. By then, it becomes very expensive to address," said Mike Potts, Docio's CEO.
Docio's SaaS platform provides financial services customers access to Key Performance Metrics and actionable insights on measuring and optimizing software quality issues, potential code risks, and cost drivers. In-depth analytics enable management of technical complexity, internal and external threats, and operational requirements of being in “the business of software”. Transparency dashboards and drillable reporting make it easy to understand resource consumption, identify root causes of performance bottlenecks, and helps IT Leaders communicate the benefits of addressing software liabilities and inefficiencies.
With Docio, financial services firms answer critical questions and quickly respond to shifting priorities by connecting actions and software investments with business, financial, and operational outcomes. It also empowers on-demand oversight to assess third parties providers to set clear outcome metrics for service level contracts and manage against cost overruns, schedule slippages, and business value.
"We are thrilled Docio is joining nine other thriving companies to pitch in the Silicon Valley competition. This is another huge benchmark for the Docio team that we are proud to facilitate," says Derek Distenfield, Director of Strategy & Expansion for Bunker Labs.
Wells Fargo had stringent requirements for participating in the first, veteran-founded FinTech event, selecting only nine technology companies to provide opportunities to engage and network with financial services executives and venture capital firms.
About Bunker Labs
Founded in 2014, Bunker Labs is a national not-for-profit program that believes veterans are our greatest national human asset - aiming to inspire, educate, and connect transitioning service members and veterans seeking to launch their own ventures. Bunker Labs nation-wide locations provide members with weekly programming and entrepreneurship courses, a support network of 500+ professionals, access to funding, and more. For more information, visit Bunkerlabs.org, or contact; Bunker Labs Jacksonville: firstname.lastname@example.org; Bunker Labs Silicon Valley: email@example.com
With offices in Jacksonville, Docio provides Modern CIOs and Technology Leaders with advanced analytics on software portfolios, products, projects, and people, to manage organizational effectiveness, sustain peak performance, and optimize efficiency as they pursue Product Modernization and Digital Transformation to compete. For more information, visit http://www.docio.io/.
"Thank you all [founders] for bringing your A-game to the Wells Fargo Veterans Startup Pitch event. I have engaged with the startup community in Silicon Valley for a decade now (in enterprise technology), curating many interactions with founders and investors, and we consistently heard feedback about the quality of the pitches, the focus of the companies, you the founders, and the precision with which each of you addressed the questions and interests of the panelists and audience at hand." -Manoj Govindan, SVP, Technology Alliances & Business Development | Wells Fargo Corporation, Office of Innovation