Vinay Kalyan Parakala, Executive Director

Vinay Kalyan Parakala

Executive Director

Azuga Inc.

Location
India - Bengaluru
Education
Diploma, Lean Six Sigma Black Belt
Experience
26 years, 6 Months

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Work Experience

Total years of experience :26 years, 6 Months

Executive Director at Azuga Inc.
  • India - Bengaluru
  • My current job since August 2015

As Executive Director of Sales, I head all of Azuga's SMB sales globally. My team of 200 professionals includes:
- Sales Specialists
- Account Managers
- Lead Generation Specialists
- Lead Research Specialists
- Sales Enablement staff including
- SMO (Sales Management Office)
- Operations & MIS
- Training

As a part of the senior management team, I play a strategic role in setting the trajectory of the company.

Head - Global Sales Enablement; Head - ME & APAC Sales at Manthan Software Services
  • India - Bengaluru
  • September 2012 to July 2015

Design & deployment of the Global Sales Enablement & Operations Organisation. I Head & managed the end to end operations of the

Sales Operations Team
Market Analysis & Research Team
Demand Generation Team

I also directly manage the ME & APAC territories.

Head - Global Sales Strategy & Marketing at Nous Infosystems
  • India - Bengaluru
  • August 2011 to September 2012

Key Responsibilities
 Design & deploy the global sales strategy
 Head of the Demand Generation Team
 Head of the Sales Operations Team
 Head of the Market Analysis & Research Team
 Head of the Europe Sales Team
 Head of the NA ISV Sales Team
 Head of the Marketing Department
 Member of the Senior Management team responsible for Budget creation & Target allocation

Key Achievements
 Created a streamlined and robust demand generation engine achieving a 40+% hit rate
 Created the Sales operations team
 Created the ‘Innovations’ team focussed on Market Analysis & Research to provide intelligence to both the demand generation and sales teams
 Project managing the customisation & Implementation of a new CRM system, including the design of all process workflows
 Project managing the deployment of the company’s new branding (Website, microsites, collateral, messaging, GTM, etc.)

Director Sales at Valtech
  • India - Bengaluru
  • June 2010 to August 2011

Key Responsibilities
 Create, manage and run the sales operation for outsourcing and offshoring services, globally.
 Create and implement new sales and marketing strategies
 Increase the customer base and create an account mining strategy for all existing customers

Key Achievements
 Instrumental in the creation of a Retail Digital Platform to enable retail chains adopt a multi-channel strategy and enhance their ROI cycles by driving online sales through digital marketing. The platform was successfully launched at ReTechCon 2011 in June 2011 and was highly appreciated.
 Created the sales strategy and all relevant operational policies
 Recruited and manage a sales, pre sales and bid management teams

Global Head of Software Services at IBS Software
  • India - Bengaluru
  • February 2009 to June 2010

Key Responsibilities
 Manage and run the Software Services Line of Business, globally, including P&L, Sales Delivery and Operations.
 Create and implement new sales strategies for both linear and non linear growth.
 Increase the customer base by 100%
 Create and implement a sustainable account mining strategy
Key Achievements
 Instrumental in creating and managing a pipeline of more than $ 29 Million in year 1
 Instrumental in creating and implementing a key account target strategy which has resulted in IBS Software being selected as a preferred vendor for some of the largest and most well known airline, hospitality, tour-operator and train companies, in the world
 Successfully implemented a headcount-role-revenue parity operations model
 Designed and deployed a suite of successful solution frameworks as a market penetration strategy, this led to the creation of an active and healthy pipeline within 8 weeks of launch.
 One of the above frameworks, has been awarded the best IT solution for 2009 by ArabianBusiness.com, a leading Middle Eastern online media company which focuses on business affairs
 Designed a consultative selling tool, to assist my global sales force in selling outsourcing and offshoring services

Director - Sales (Europe) at IBS Software
  • United Kingdom
  • May 2008 to February 2009

Key Responsibilities
 Create and manage new accounts in the Airlines vertical focussing on Software Services in the European region
 Account management of all current accounts
 Help design and run focussed marketing campaigns to generate a healthy pipeline
Key Achievements
 Achieved preferred vendor status and a multi-year contract replacing current incumbent, to design, develop, deploy and support a mission critical and revenue generating application for one of Europe’s largest travel companies.
 Achieved preferred vendor status and a multi-year contract replacing the incumbent for one of UK’s most well-known train companies.
 Generated a healthy pipeline resulting in numerous companies short-listing and inviting IBS to tender for large, multi-year and multi-million mission-critical Software Services applications.

Senior Business Manager - Financial Services at NIIT Technologies
  • United Kingdom - London
  • May 2006 to May 2008

Key Responsibilities
 Create and manage new accounts in the Banking & Financial Services vertical focussing on FTSE 100 financial organizations
 Account management of all current accounts
 Design and run focussed marketing campaigns to generate a healthy pipeline for Software Services business
 Responsible for creating key alliances & relationships.
Key Achievements
 Achieved a Multi-year order to create an outsourcing strategy to set up and run an offshore development centre for one of London’s largest hedge fund companies.
 Achieved preferred vendor status from one of UK’s largest banking institutions.
 Achieved a Multi-year contract from one of Europe’s largest banking institutions
 Account managed a large European bank and grew UK revenues by close to 80%.

Business Manager - Banking & Securities at Larsen & Toubro Infotech
  • United Kingdom - London
  • May 2004 to May 2006

Key Responsibilities
 Manage the sales and marketing for the Banking and Financial Services vertical
 Increase the customer base by focussed sales campaigns targeting FTSE 250 financial organisations
 Account management of current accounts
 Responsible for budget analysis, key alliances & relationships.

Key Achievements
 Increased customer base by 50% by engaging with very large banks and investment banks.
 Achieved preferred vendor status with one of Europe’s top banks by creating and executing an outsourcing plan together with the bank’s CIO
 Increased overall revenue by over 150% and revenue from current customers by 100%.
 Initialised focus on niche areas like Compliance (Basel II, SOX, etc.), Testing, Performance management, etc.

Associate Director - Sales at ION Information Technologies
  • United Kingdom - London
  • March 2001 to April 2004

Key Responsibilities
 Increase the client base and by managing the complete sales cycle of Software Services
 Account management of all current accounts.
 Devise new strategies to penetrate markets
 Lead the sales team to achieve and surpass targets
 Lead the marketing team in all promotional activities and direct the creation of all Marketing collateral including product case studies, brochures, ad-copies, etc.

Key Achievements
 Increased Client and Partner base by 50% resulting in new business of more than $ 2 Million per annum. Increased repeat order ratio by handling account management role for most of the current clients, thereby achieving close to $ 1 Million in repeat orders.
 Repackaged and re-launched the ION product Suite and made successful product sales to global blue chips. ION’s product Suite was commended to be one of the most innovate products at the Property Computer Show 2003
 Created an innovative and highly successful partner program for the SME sector, by packaging individual services and offering them a ‘pay per choice’ option.

Senior Business Development Manager at Pentasoft Technologies
  • United Kingdom - London
  • December 1997 to March 2001

Key Responsibilities
 Set-up of the business, creation of client base, generating revenue
 Sales of Software Services capabilities and products and resource management
 Product Manager for all Banking and Insurance products
 Head the Marketing Communications team

Key Achievements
 Achieved $ 2 Million in New Business
 Successfully promoted and sold the Banking product into the UK market. This was one the first banking product sales outside of India.
 Associated with the international event management team winning the best stall and the most innovative product award at IT.COM, an annual International IT event held at Bangalore, India

Education

Diploma, Lean Six Sigma Black Belt
  • at Anexas Denmark
  • February 2013
Master's degree, MBA Sales & Marketing
  • at Department of Commerce & Management Studies, Andhra University
  • June 1997

- Top 5% of the class - Instrumental in organising the first India wide cultural program - Amity '95 - Represented the institution in Debates, Essay Writing, Poetry, as a part of the Quiz team, the cricket and the athletics teams

Diploma, Advanced Diploma in Systems Management
  • at NIIT
  • August 1995
Bachelor's degree, B.Sc Computer Science, Mathematics & Statistics
  • at Madras University
  • May 1995

- Best Student award for excellence in academics, events, competitions and sports - Unanimously selected as Cultural Secretary - Represented the institution in Debates, Essay Writing, Poetry, as a part of the Quiz team, the cricket and the athletics teams

Specialties & Skills

p&l responsibility
New Business Development
Sales Enablement
Sales Management
Leading Sales
Sales Training
Master of Ceremonies
Business Communication Training

Languages

English
Expert
Tamil
Expert
Telugu
Expert
Kannada
Intermediate
Hindi
Expert
Malayalam
Beginner

Training and Certifications

IBM Authorised Training Certificate (Certificate)
Date Attended:
August 1997
Valid Until:
October 1997

Hobbies

  • Photography, Amateur cricket umpire, writing