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Kumar Parakala is the co-founder and Managing Director of Technova. An entrepreneur, he motivates clients to reimagine their futures in the digital era and helps them get there. His principle expertise is based on developing agile business strategies and building solutions to enable digital transformation of businesses, help “old-fashioned” firms transition to “next generation” digital firms, and increase returns on digital investments.
He specializes in engaging at the Board and CEO level on technology matters and has advised 500+ Board Directors to date. Using proprietary tools and frameworks, he is working with iconic global brands, helping them define their digital futures through new customer engagement models, new products, new business models, new work definitions, new organizations, and new ecosystems.
Kumar has built a successful career working at the intersection of business and technology, driving complex transformation programs to success in Fortune 100 companies, major corporations and government. Prior to Technova, Kumar was a Senior Consulting Partner at KPMG, a firm he served from 2000 to 2015. He led the Global IT Advisory practice between 2005-13, serving on its global executive team and in numerous leadership roles including Head of Digital Consulting, Managing Partner for EMA & India, Global Head of CIO Advisory and Global COO. He also worked as a CIO with public and private sector organisations. In these roles, he pioneered the ideation, incubation and growth of innovative high-growth propositions, that were recognised as world’s fastest growing and rated as market leaders by analysts.
A recognized authority in technology-enabled transformation, Kumar was awarded the Queensland Government Leadership Excellence Award for transforming government services to citizens, inducted into the ACS Hall of Fame and ranked in the Australia's Top 50 in Technology. A sought after speaker; he was invited to the Clinton Global Initiative, Forbes CEO forums, WCC, WCIT and appeared in Forbes, Wall Street Journal, Australian, AFR, CNBC, ABC, CNN, SkyNews.
The opinions expressed in this blog are those of Kumar Parakala and do not necessarily represent those of IDG Communications, Inc., its parent, subsidiary or affiliated companies.