Bhaskar Maddala
CEO & Technology Executive
McKinney,TX
Summary
High-achieving senior executive bringing expertise in business planning, revenue development and change management. Offers 24 years of leadership in technology industry along with entrepreneurial, forward-thinking mindset and demonstrated track record of accomplishment.
Overview
24
24
years of professional experience
9
9
years of post-secondary education
Work History
CEO
ThirdEye AI
05.2021 - 08.2022
- Increased company revenue 5X through aggressive new market strategies and increased EBITDA to 8% from -6%
- Devised new promotional approaches to boost customer numbers and market penetration while enhancing engagement and driving growth.
- Directed market expansions to propel business forward, meet changing customer needs.
- Cultivated forward-thinking, inclusive and performance-driven company culture to lead industry innovations.
- Managed partnerships and strategic business relationships by negotiating contract terms and handling conflicts.
- Built productive relationships with industry partners and competitors to support strategic business objectives.
- Identified new revenue generation opportunities to maximize bottom-line profitability.
- Negotiated terms of business acquisitions to increase business base and solidify market presence.
- Creation of ThirdEye Cloud platform (TECP) for JBM Group and for other global organizations. TECP provides a conversational AI driven applications platform integrated with predictive and cognitive insights across the organization.
- AI algorithms (patents pending) for quality inspection with a vision of zero defects customer deliveries
- Innovative AI solutions to solve business problems and drive customer experience
CEO - Group Digital, AI & Industry 4.0
JBM Group
05.2021 - 08.2022
- Creation of E2E Smart Factory platform for automotive manufacturers AI and Industry 4.0 products across all 4Ms of manufacturing – Manpower, Machines, Methods and Materials.
- Transformed existing legacy manufacturing to connected factories and in process of becoming predictive factories (65 factories across 11 countries).
- Achieved 45% E2E smart factory digitization group wide within 1.5 years.
CEO
Alpha IT Pty Ltd
01.2017 - 03.2021
- Entrepreneurial role and responsible for the overall P&L, strategy and direction for organization, Investor and customer relationships.
- Increased company revenue from zero to over $10 M in 2 years with an EBITDA of ~$1 M through aggressive new market strategies.
- Built productive relationships with industry partners and competitors to support strategic business objectives.
- Negotiated terms of business acquisitions to increase business base and solidify market presence.
- Identified new revenue generation opportunities to maximize bottom-line profitability.
- Managed partnerships and strategic business relationships by negotiating contract terms and handling conflicts.
CEO
Techaum Innovations Pty Ltd
01.2017 - 05.2021
- Led product engineering and innovation under the theme of customer experience management and personal experience management.
- Developed AI driven real time social interaction platform for airlines (patents pending).
- Led Innovations in distributed energy resources platform (Solar and storage), data visualization and analytics platform, algorithms for AI driven IVR calls summarization and NLP for personalized voice-based services.
Senior Vice President & Regional Director for ANZ
Polaris Consulting & Services Ltd
08.2014 - 12.2016
- Maintained consistent 40% growth in revenue, 30% gross margin, 8% operating profit and EBITDA.
- Drove strategic transformation sales in new industry verticals - Public sector, transportation, telecommunications, Hi-Tech
Country Sales Head & Director Managed Services
NIIT Technologies
04.2013 - 08.2014
- Methodically grew and exceeded sales and revenue targets by 80% across 4 quarters during 2013-14 fiscal year.
- Won $68 Million ICT managed services deal from a major global airlines.
- Won over $40 Million TCV ICT managed services contracts in Australian state governments.
Associate Vice President - Strategic Accounts
Mphasis-HP
06.2010 - 03.2013
- Grew Telstra account business 2.5 times in 2 years to make it the largest account globally for MphasiS
- Exceeded annual targets by strategic sales of over $180 Million TCV ICT contracts
- Grew annual revenue from $27 Million to over $70 Million and increased EBITDA from 4% to 9%
- Received CEO award and APJ apex award for achieving outstanding Sales in strategic accounts
Global Account Director- Enterprise Services Telco
Infosys Technologies
London, Melbourne
12.2006 - 06.2010
- Drove sales by developing multi-million dollar contract sales. Won new business of over $100 Million
- Managed Telstra transformation program ($1 Billion TCV) for Infosys
- Incubated and grew Enterprise services for Telecom sector in Europe from $0.25 Million to over $25 Million in 2 years
- Oversaw global product development and partner relationships, enabling footprint expansion into new markets.
- Developed forecast and yearly budgets for accounts with focus on maximizing profitability.
- Created, owned and drove account plan execution for key clients.
- Built long-term customer relationships with business leaders and contacts.
Client Engagement Manager & Practice Manager
Wipro Technologies
Multiple Cities in USA, Finland, India
12.1998 - 12.2006
- Built, incubated and grew multiple business units and competency centres (Business Process Management, Total Outsourcing solutions, Digital)
- Won over $100 Million TCV ICT contracts
- Built client relationships by responding to inquiries, identifying and assessing clients' needs, resolving problems and following up with potential and existing clients.
Education
Doctor of Business Administration -
Golden Gate University
San Francisco, CA 07.2022 - Current
MBA - Software Enterprise Management & Service Marketing
Indian Institute of Management
Bangalore 07.2002 - 03.2005
Masters in Computer Applications -
National Institute of Technology
Warangal 06.1996 - 03.1999
Bachelor of Science With An Honors in Mathematics -
Sri Sathya Sai Institute of Higher Learning
Puttaparthi 05.1993 - 03.1996
Skills
Corporate leadership
Timeline
Doctor of Business Administration -
Golden Gate University
07.2022 - Current
CEO
ThirdEye AI
05.2021 - 08.2022
CEO - Group Digital, AI & Industry 4.0
JBM Group
05.2021 - 08.2022
CEO
Alpha IT Pty Ltd
01.2017 - 03.2021
CEO
Techaum Innovations Pty Ltd
01.2017 - 05.2021
Senior Vice President & Regional Director for ANZ
Polaris Consulting & Services Ltd
08.2014 - 12.2016
Country Sales Head & Director Managed Services
NIIT Technologies
04.2013 - 08.2014
Associate Vice President - Strategic Accounts
Mphasis-HP
06.2010 - 03.2013
Global Account Director- Enterprise Services Telco
Infosys Technologies
12.2006 - 06.2010
MBA - Software Enterprise Management & Service Marketing
Indian Institute of Management
07.2002 - 03.2005
Client Engagement Manager & Practice Manager
Wipro Technologies
12.1998 - 12.2006
Masters in Computer Applications -
National Institute of Technology
06.1996 - 03.1999
Bachelor of Science With An Honors in Mathematics -
Sri Sathya Sai Institute of Higher Learning
05.1993 - 03.1996
Similar Profiles
Lokesh YadavLokesh Yadav
Head of Enterprise Sales at ThirdEye AI JBM GroupHead of Enterprise Sales at ThirdEye AI JBM Group
Sarvajeet SinghSarvajeet Singh
BD MENA Area & Grants at ThirdEye Gen, Inc.BD MENA Area & Grants at ThirdEye Gen, Inc.
Saravanakumar VelayuthamSaravanakumar Velayutham
Lead for Gen AI, Collections/Recovery NA at Citigroup – Gen AI Back Office Operations, Collections/Recovery, Risk & Conversational AI (TATA Consultancy Services)Lead for Gen AI, Collections/Recovery NA at Citigroup – Gen AI Back Office Operations, Collections/Recovery, Risk & Conversational AI (TATA Consultancy Services)