MUMBAI: Phaneesh Murthy, global IT industry veteran has joined the board of Value Point Systems, one of South Asia's leading digital transformation catalyst. He is inducted into the board of Value Point Systems as an additional director.
Phaneesh Murthy has been following the growth of Value Point Systems over the last few years and its ambitions to grow at a global level. Value Point Systems is a 28 years old Systems Integrator and Managed Services Company growing very fast and expanding into new technologies and geographies. Phaneesh Murthy brings in the required credibility for Value Point Systems in capturing global markets.
Phaneesh Murthy will guide the board of directors of Value Point Systems in creating a global vision & strategic roadmap to transform, from an IT infrastructure products & Services company into a leader in digital transformation solutions and higher value services.
Phaneesh Murthy is an accomplished technology industry thought leader having pioneered newer business models and bases of differentiation for high growth. Phaneesh Murthy comes with industry experience spanning more than 3 decades in sales and marketing, product solutions, and structuring and managing outsourcing deals.
Commenting on the new role, Phaneesh Murthy said, “I see great opportunity in this industry for Value Point Systems. By constantly investing in innovation, the organization today is in a leading position to help businesses and governments with their digital transformation journey. I look forward to guiding the management and strengthening their business globally.”
“Phaneesh Murthy is a highly experienced and dynamic leader in the IT industry. Based on his extensive, wide ranging experience in the space, we’re confident he will enhance the strategic perspective. He will play an integral role in mentoring the board to expand business worldwide, to help us grow and achieve our goal of becoming an industry leader. Also, his participation in equity and inclusion in the board will add credibility and immensely help the organisation in our ongoing fund raise initiative to fuel our exponential growth plans” added, RS Shanbhag, Founder and CMD of Value Point Group.
Phaneesh Murthy's forte is developing and managing the growth of organizations. He has been associated with multiple leading IT companies in the capacity of director, president and CEO and has led their transformational journey. Before joining Value Point Systems, Phaneesh Murthy served as the Chief Executive Officer and President at iGATE Corporation where he led the turnaround effort, divested the staffing businesses, streamlined the company's delivery model, completed a large acquisition financed with public bonds and increased the value of the Company by a factor of 30 over 10 years. Prior to this, he served as the Director of Infosys. While at Infosys, he was a Member of the Board and oversaw Global Operations, Sales and Marketing and the Advanced Technology Practice Phaneesh Murthy started his career with Sonata Software Ltd. in 1987 working in Sales and Marketing.
Phaneesh Murthy holds an MBA from the Indian Institute of Management, Ahmedabad and graduated from Indian Institute of Technology, Madras.
