Shyam Ramamurthy appointed Chief Technology Officer at Magnasoft
Bangalore, India, November 4, 2014: Magnasoft, a SaaS products and technology solutions company, announced today the appointment of Shyam Ramamurthy as its Chief Technology Officer (CTO). Shyam has been associated with Magnasoft products as a co-founder & advisor and has been instrumental in the conceptualization of the NorthStar product line. In his new role as the CTO, he will accelerate the development of core technologies and products for global markets.
Commenting on this development, Bobbie Kalra, CEO at Magnasoft, said, “I am extremely pleased to have my longtime associate and friend assume the role of the CTO. I am confident that his strong track record for innovation and technology leadership will take Magnasoft to new heights as a global product leader in the arena of child safety. As a co-founder & advisor, he has been a decisive force in steering the overall development of the company.
Shyam has over 25 years of experience in building technology products at companies around the world. He has been a technology leader, product builder, software architect, developer and innovator spanning a vast range of technologies and domains. Prior to joining Magnasoft, Shyam was the Senior Director of Engineering at Yahoo where he led global engineering teams to transform the Yahoo homepage, one of the top three destinations on the internet. During his stint of 7 years at Yahoo, he also held leadership roles for Yahoo advertising platforms and other key products in the Yahoo portfolio. Prior to Yahoo, he held senior technology leadership roles in the US and in India at several companies such as Symbol Technologies (now Motorola), Oracle Corporation, Cygent Inc and Quark LLC. Over the years he has built and taken several internet, enterprise and mobile software products to market leadership across industry verticals.
On his new role at Magnasoft, Shyam said, “It is a wonderful opportunity to lead the products and technology division at Magnasoft for a cause close to my heart. Our mission is “keep children safe”. Bobbie and I are parents first! Our concern for safety of children during their commute to school, drove the creation of the NorthStar product line. In these uncertain times, the safety of children, women and the elderly is of paramount important to people around the world. I look forward to create innovative, reliable and affordable technologies and products and services at Magnasoft which will ensure the safety of loved ones and provide peace of mind to users. I look forward to NorthStar becoming the global leader in intelligent location-aware child safety systems.”
Shyam holds a Bachelors degree in Electrical Engineering from Bangalore University and is pursuing a PhD in Organizational Behavior from the Management Development Institute at Gurgaon. He spends his free time with his family. He is an avid reader and a hobby guitarist.
NorthStar is an integrated and innovative IoT (Internet of Things) system which tracks and monitors children and school buses during their commute. It is a “peace-of-mind solution” that supports the needs of children, parents, school authorities, school bus fleet owners and drivers.
