Tuesday, January 22, 2019

CognitiveScale Names New Chief Revenue Officer

Austin-based software developer CognitiveScale, which develops software that uses artificial intelligence techniques to help financial services, healthcare, and digital commerce firms, said today that it has named Marylou (ML) Maco as Chief Revenue Officer. Maco was previously Senior Vice President of Worldwide Sales at HPE, and also had served as a Senior Vice President at Oracle. The announcement came along with an announcement of "record growth" in annual software subscription sales for the company. CognitiveScale said it had 128 percent year-over-year growth in annual software and subscription revenues in 2018, but did not disclose any financials.