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Information Technology : Software | Mid Cap Blend
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Citrix Systems, Inc. offers Enterprise and Service Provider products, which include Workspace Services solutions and Delivery Networking products. The Company's Enterprise and Service Provider products include Cloud Services solutions, and related license updates and maintenance, support and professional services. The Company's NetScaler nCore Technology is an architecture that enables execution of multiple packet engines in parallel. The Company's workspace services include Application Virtualization and virtual desktop infrastructure (VDI), Enterprise Mobility Management and Citrix Workspace Suite. The Company's NetScaler ADC is a software-defined application delivery controller (ADC) and load balancer. The Company's Cloud Services include ShareFile and Citrix Cloud. It provides various ways for customers to receive upgrades, support and maintenance for products, which include Software Maintenance, Subscription Advantage, Technical Support Services and Hardware Maintenance.

Premarket

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4,573

Mohammed Farooq Joins Hypergiant Industries Board of Directors and as GM, Products and Global Chief Technology Officer

9:00 am ET September 22, 2020 (PR Newswire) Print

Mohammed Farooq joins Hypergiant Industries as GM Products, Global Chief Technology Officer and member of the Board of Directors. Mohammed Farooq has over 25 years of experience in the enterprise software field including building early-stage companies and transforming businesses and Go to Market offerings for multi-billion-dollar enterprises and cloud service providers. Most recently, Farooq served as GM within IBM Global Technology Services where he established and implemented IBM's multi-cloud strategy. Farooq led the transformation of IBM GTS from a single cloud provider business to hybrid and multi-cloud managed services business. This established IBM's $35 billion Global Technology Services group from traditional Data Center outsourcing business to Hybrid-Multi-Cloud software (SaaS) + managed services business for its F500 client base.

Mohammed joined IBM when it acquired his cloud software company, Gravitant. Gravitant pioneered the creation of the $100 billion+ hybrid multi-cloud market space starting 2010. Prior to the founding of Gravitant, Mohammed spent seven years as CTO for the State of Texas, a $6 billion IT organization, leading the transformation of business and technology operations to improve statewide agency operations and reduce operations costs while improving citizen access.

"Mohammed is a leader with decades of experience in the software industry particularly focused on scaling large software businesses. He helped transform IBM's clients to digital and AI enterprises driven by hybrid and multi-cloud architectures that Mohammed developed," said CEO Ben Lamm. "It has been a pleasure working with Mohammed on Hypergiant's core offerings, Go To Market strategies and technology portfolio and now officially bringing him on full time to the company."

Mohammed will have both a GTM, technical and an operations role in growing the company that includes the further development of Hypergiant's core AI platform and distributed cloud services. Expanding Hypergiant's core technology software platform and AI SaaS apps portfolio will be central to the continued growth of the company and required the next level of leadership with a strong ability across both engineering and business strategy. Farooq brings to the table decades of experience and academic rigor doing just that.

"I'm excited to further lead the development of the core distributed AI technology platform and SaaS applications portfolio for Hypergiant," said Farooq. "Hypergiant is successfully enabling AI solutions with clients in the Space, Defense and Industry Supply Chain verticals. It's exciting to work with these client use cases to deliver the next generation distributed cloud and AI offerings spanning clouds, edge, IoT and 5G technologies. Hypergiant hits the market at the perfect time and has the right talent, culture and leadership to accelerate that timing. I'm thrilled to be taking on a leadership role in guiding the organization forward."

Mohammed Farooq's hiring comes as the company continues its focus on its core distributed AI-platform and SaaS apps portfolio and more specifically focuses on its core business clients in space, defense, and critical infrastructure. This includes recent partnerships with the United States Air Force and Sumitomo, Japan.

Hypergiant Industries

Hypergiant Industries is an emerging technology company focused on developing world-changing enterprise AI technology to solve the world's biggest problems in the areas of space, defense, and critical infrastructure. Hypergiant Industries offers a core AI platform, suite of AI services, and vertically integrated software that supports companies and governments in preparing for the future through data. Founded in 2018 by Ben Lamm, the company has offices in Austin, Dallas, Houston, Seattle and Washington, DC.

https://c212.net/c/img/favicon.png?sn=DA31922&sd=2020-09-22

View original content:http://www.prnewswire.com/news-releases/mohammed-farooq-joins-hypergiant-industries-board-of-directors-and-as-gm-products-and-global-chief-technology-officer-301135485.html

SOURCE Hypergiant

https://rt.prnewswire.com/rt.gif?NewsItemId=DA31922&Transmission_Id=202009220900PR_NEWS_USPR_____DA31922&DateId=20200922

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