Sagi Eliyahu, Co-Founder and CEO at Tonkean, joins Ledge to talk about his startup epiphany, particularly on the product side. His successful career in engineering and R&D opened his eyes to the business problems that various operational departments are burdened with. This holds especially true when they work with each other.
Eliyahu observes that the problem with software procurement is that they are siloed. Especially true in enterprises, departments purchase software based on their needs, and the moment different departments have to work together, the communication link breaks down.
This fuels reactions that are inefficient. The company may end up buying more software that solves that particular communication problem. They may also allocate their technology department’s resources to building their own solution from the ground up. Or they may end up doing things manually.