Prashant Kumar Email and Phone Number
Prashant Kumar, current Chief Executive Officer of Dminds Inc., is an accomplished Global IT and Business executive with over twenty years of experience driving Digital Transformation within the Technology Industry. Prashant has brought his extensive expertise to Dminds and handles the responsibility of growing the company’s engagements in Global IT Services sector while actively managing company valuation with regards to growth, margin, and EBITDA. Prashant is known for strategic approaches to complex problems, viewing sales and business as an opportunity to build long-lasting, thriving relationships. Prashant served as the Senior Vice President of Tavant’s Global Business in Financial technology services vertical, comprising IT services, Products, and Consulting before joining Dminds in 2022. Prior to his time at Tavant, Prashant had an eleven year tenure at Cognizant, an IT Services and Consulting company, where he operated as the Senior Director of IT Services for the Top Ten Banks in the US, managing a portfolio of over 300 million dollars. In this role, he gained invaluable experience transforming client relationships by driving Digital, Mobile, Analytics & Consulting opportunities, and driving business growth by understanding current relationships, competition footprint and the differentiators to position Cognizant as a leading service provider in the space. Prashant also occupied the role of Senior Director of IT Services in the Consumer and Mortgage Lending unit at Cognizant, wherein he successfully managed and delivered projects related to Borrower experience, LO Chanel and cost reduction initiatives including loan process optimization & automation via third party service integrations. Both of these roles set Prashant apart as a talented, capable professional changing the landscape of business innovation in the Enterprise Technology space.Prashant is a decorated academic, with a B.E in Computer Science and Engineering from SIT and an MBA in International Business from the Virginia Commonwealth Universities School of Business. He resides in the Dallas Fort Worth area
Dminds Solutions Inc.
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Chief Executive OfficerDminds Solutions Inc. Aug 2022 - PresentFrisco, Texas, UsResponsible for growing and managing company's global IT Services business while actively managing company valuation with regards to growth, margin and EBITDA.
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Senior Vice PresidentTavant Jul 2020 - Aug 2022Santa Clara, California, UsResponsible for Tavant's Global business in Financial Technology Services vertical comprising of IT Services, Products and Consulting. -
Vice PresidentTavant May 2019 - Jun 2020Santa Clara, California, UsResponsible for management and growth of Tavant's services and products in Consumer Lending vertical
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Senior DirectorCognizant Apr 2011 - May 2019Teaneck, New Jersey, UsResponsible for managing over $150m P&L of IT Services in Mortgage & Consumer Lending business unit.Strong knowledge of Loan Origination and Servicing IT LandscapeSuccessfully managed and delivered projects related to Borrower experience, LO Chanel and cost reduction initiatives including Robotics AutomationSetup Agile/POD structure teams, including Digital Factories for different clients.Opened Auto Finance as a new business unitWorked on multi-year large deals related to total outsourcing via transaction based pricing and upfront efficiency gainGrew Title Industry and Consumer Finance business -
DirectorCognizant Aug 2007 - Apr 2011Teaneck, New Jersey, UsManaging IT services for Top 10 Banks of US with a portfolio of over $100mDeliver on 80+ large programs and projects in the portfolioDevelop & maintain relationship with CxOs of Fortune 50 companies in Banking and Financial Services industryTransform client relationship by driving Digital, Mobile, Analytics & Consulting opportunitiesExpand services in BPO & IT Infrastructure servicesManage regular operational parameters like forecast, contracts management, revenue and marginDrive business growth by understanding current relationships, competition footprint and our differentiators to position Cognizant as a leading service providerTrack Account Manager’s ongoing client interactions to identify new program/project opportunities and ensure company capabilities, differentiators and value propositions are reaching decision makersReplicate key wins in other accounts in the portfolioDrive margin optimization by monitoring key parameters like resource pyramid, offshore ratio, utilization etc.
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Sr Account Manager - Capital OneWipro Apr 2005 - Aug 2007Bangalore, Karnataka, InResponsible for P&L of $23 million account with over 500 resources (150 onsite and 350 offshore)Develop relationship with executives to increase businessIdentify new project opportunities and gain access to right people within the target client to present company capabilities, differentiators and value propositionsCollaboratively develop response to client needs, organize proper response and present proposed solutions and benefits to client stakeholders Assess current account initiatives and identify opportunities to place strategic resources to advance the overall relationship and/or project opportunityUnderstand competition, value/differentiators and position in a manner that neutralizes any advantage of competition -
Program Manager - It & Business StrategyCircuit City May 1999 - Apr 2005UsAssess outsourcing initiatives with CIO & CFO on multiple dimensions – IT, finance, operational and legal risksEngage with top vendors (IBM, HP, Unisys, ACS) via creation of RFP documents, respond to vendors questions and evaluate proposed solutionsEstablish and track project metrics like earned/planned value, cost/schedule variance for budgeted/cost estimatesPlan for and manage internal as well as external risks based on project dependenciesAnalyze business metrics like sales, gross profit, GMROI, turns to develop and present business case to executivesControl planning/execution of project activities/resources to ensure that established cost, time and quality goals are metManage external vendors providing outsourcing services. Find opportunities to control cost and monitor SLAResponsible for budget upto $10 million, assist in managing the department budget of over $50 millionDeliver high performing, cost effective solutions to support business needsGain support and commitment from other departments in the company in order to mobilize resourcesOversee complex projects requiring cross functional large teams having 4-6 Project Managers from IT and businessPrioritize projects according to business needs and at an acceptable costCreate and manage 3-yr technology roadmap for Supply Chain and Financial systemsCommunicate project status and issues to CIO and CFO -
Project Manager - ErpCircuit City Feb 1996 - Apr 1999UsManage various PeopleSoft Financials and HRMS projects through full lifecycle developmentServed as liaison between business area and MIS to maintain IT/business alignmentLead and manage large projects with 6+ months duration and budgets greater than $500,000Negotiate project definition and scope with external entitiesDevelop intern/co-op program. Mentored and recruited 3 engineers for full-time employmentResponsible for creating WBS, cost and time estimates, change management process, and manage scopeAnalyze Critical Path to manage risks and identify schedule duration compression opportunitiesManaging projects within PMO framework following PMBOK methodologyResearch business processes to prioritize and manage various project development opportunities to maximize ROI.Lead multiple projects on PeopleSoft, AS/400 and UNIX systems in various departments like sales, merchandising, distribution, HRMS and Financials
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Project Lead - Offshore CoordinatorIgate Mastech Jan 1995 - Jan 1996Pittsburgh, Pennsylvania, UsManaged software development projects from Client’s site with support from onsite/offshore teamLed project initiation, project scope and system design activities with clientActively participated in researching business processes and workflows, as well as interview business area representatives to define system requirementsResearch and evaluate technical solutions for complex business processesSupervise the construction phase and review the deliverables from offshoreTest planning, execution and supervisionManaged work plan, delivery schedule and quality of work from onsite and offshore team membersServed as liaison between the business area and MIS for application development -
ProgrammerPentafour Software Solutions Apr 1994 - Jan 1995Served as a programmer on AS/400 projects. Primary responsibilities included development and testing of various projects for multiple clients of the company.IBM certified instructor for AS/400 courses
Prashant Kumar Skills
Prashant Kumar Education Details
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Virginia Commonwealth University - School Of BusinessInternational Business -
SitComputer Science & Engineering
Frequently Asked Questions about Prashant Kumar
What company does Prashant Kumar work for?
Prashant Kumar works for Dminds Solutions Inc.
What is Prashant Kumar's role at the current company?
Prashant Kumar's current role is Chief Executive Officer, Dminds Solutions Inc. | Leading Digital Transformation within Technology | Innovator in IT and Global Business Development | Expert in Transformational Leadership.
What schools did Prashant Kumar attend?
Prashant Kumar attended Virginia Commonwealth University - School Of Business, Sit.
What skills is Prashant Kumar known for?
Prashant Kumar has skills like Software.
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