The long and the short of IT - the week in digibytes
Paying ahead at PayPal
I have managed technology businesses. I have transformed technology businesses and I have done this at scale.
Not even 90 days in the job, PayPal’s turnaround CEO Enrique Lores was in bullish form at this week’s Bernstein 42nd Annual Strategic Decisions Conference. PayPal knows it needs to change, declared Lopez, starting with its tech assets:
They need to be modernized. In some areas, we have to both change how data is managed and overall, adopting AI and becoming an AI native company is something that is needed…If I think about things like support, things like technology development, but almost every other process of the company is going to be re-invented. This is the approach that we are taking. We have identified one person that will report to me that is going process by process in the company and assessing how the process should be re-designed and...
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