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Paul Michaud on the TechTO stage

Paul Michaud

Founder & CEO, Proceve

Enterprise softwareOn TechTO stages since 2023

Paul Michaud founded Proceve in 2021 with chief scientist Daniel Cornejo to attack the reasons large software projects fail. He has been writing software since 1980 and this is his fourth startup; before it he was IBM's global CTO for financial markets. He came to TechTO Talent in 2023 to hire, and framed the problem as roughly $500 billion wasted a year.

On the TechTO stage ×1

First seen on the TechTO stage in 2023. Every talk is searchable — ask the archive about Paul

In their words

I've seen some massive projects, I've seen massive project failures. I was recently advising on a $1.5 billion software build that had lots of headaches. This problem has never gone away — it's the same today as it was when I started writing software 40 years ago.

TechTO Talent, Mar 2023 · watch at 1:23

The existing tools out there aren't getting the job done, so we're going to go build it ourself.

TechTO Talent, Mar 2023 · watch at 1:45

If you look at the statistics, about 40 percent of project failure — the primary cause is related to requirements management, change management and other project management issues.

TechTO Talent, Mar 2023 · watch at 3:07
A few quotes can’t cover everything Paul said on the TechTO stage. 1,600+ talks are searchable.Ask about Paul

Quick answers

Who is Paul Michaud?

The founder and CEO of Proceve. He started developing software in 1980, built his first commercial applications in 1985 and his first startup in 1988, and was previously global CTO for IBM's financial markets sector.

What is Proceve?

An enterprise platform built to eliminate the root causes of project failure — created in 2021 by Paul Michaud and chief scientist Daniel Cornejo.

What did he speak about at TechTO?

A TechTO Talent breakout in February 2023 on Proceve's hiring, culture and open roles, framed around the scale of money companies waste on failed projects.

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Maintained by TechTO · facts sourced and dated · last reviewed Jul 31, 2026