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I am an accomplished, energetic, adaptable product leader with over 15 years of experience in global product development companies, driving cross-functional teams and executive influence, managing products from cradle to maturity, justifying and negotiating new product development investments and company acquisitions including focus on AI. I also have over 10 years of enterprise software development experience. My experience spans high-tech, fintech, and health-tech industries.I'm passionate about scaling growth of product portfolios at B2B technology companies that deliver business and customer value. With a proven track record, I’ve led product teams in the launch of many new and incremental products that yielded over $300 million in product revenue and enhanced customer satisfaction and customer experience. I enjoy working with customers to identify and prioritize needs, defining product capabilities that solve those needs, and successfully building, launching and growing products.My experience includes: developing product vision in alignment with customer experience, marketing, sales, and overall business strategy; overseeing the entire product lifecycle and go-to-market across the portfolio; driving product advocacy and customer marketing; mentoring and growing the skills of product managers; serving as an executive advisor to C-suite leaders at several companies including financial services, fintech, health-tech, high-tech, and telecommunications on implementing product management best practices and gaining measurable product improvement; software development for an enterprise RDBMS.Some key highlights:• Achieved 40% YoY revenue growth for $500M product portfolio, enhancing cross-functional communication and deployed new customer relationship programs to boost customer satisfaction by 25%.• Published 50+ reports, frameworks, and best practices on SaaS product strategy, driving growth and innovation for C-suite clients across diverse sectors.• Improved product development efficiency by 60% through continuous discovery practices at a leading pharmaceutical company, accelerating time-to-market for high-impact solutions.• Developed and launched a SaaS mobile layaway payments application targeting millennial users for a FinTech company, leading a 5-person team to prioritize and develop critical capabilities under constrained budgets.
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Chief Product OfficerSyntheseedWestport, Ct, Us -
Principal / Fractional Chief Product Officer - Advisory And Hands-On Product Management ServicesXpro Consulting Services Llc Jan 2018 - PresentMy focus is to provide fractional product management services.- Industries: Financial Services / FinTech, Health Tech, High Tech, CPG, Entertainment- Services: Management Consulting, Product Management, Business and Market Strategy, Marketing, Digital Transformation, Project / Program Management- Specialties: Agile, Cloud / Big Data Solutions, AI, Compliance, Financial Crime, Enterprise Applications, Digital TransformationSome Highlights:• Guided the refresh of a SaaS AI data visualization product for an advanced enterprise AI solutions company, defining new capabilities and UX improvements while driving agile development teams towards several successful launches.• Oversaw a $3M project that launched a company-first consumer checking offering for a mid-sized bank. Created solution roadmap and defined required capabilities. Managed internal teams and third-party vendors for seamless execution.• Developed and launched a SaaS mobile layaway payments application targeting millennial users for a FinTech startup.• Directed the development of a SaaS name-image-likeness (NIL) college athlete management platform, successfully securing additional venture funding through iterative product enhancements.• Managed 10-person team in development and launch of a SaaS promotions management platform for a multinational consumer products company across three major business units.• Drove go-to-market and business strategy for a SaaS leader in connected digital supply chain for custom manufacturing, through vertical market research, messaging and positioning updates, and product strategy.• Delivered paid interviews to various venture capital organizations on the state of the financial crime industry, trends, and vendor strategy. -
Principal Analyst - Cross-Industry Product Management Research And Executive AdvisorForrester Oct 2019 - Mar 2024Cambridge, Ma, UsI focused on enhancing my product management skills, being a thought leader for the role of product management, and driving companies to improve strategic product management practices that increased revenue and customer success.Some Highlights:• Published 50+ reports, frameworks, and best practices on SaaS product strategy, driving growth and innovation for C-suite clients across diverse sectors, including financial services, healthcare, and telecommunications• Advised on product KPIs and digital transformation strategies that streamlined product lifecycles and improved accountability, resulting in measurable cost reductions and enhanced revenue streams. • Enhanced product lifecycle process for two health insurance companies, improved customer needs discovery to establish innovative policy offerings for consumers• Sharpened methodology for identifying, creating and launching innovative capabilities for a large health tech company with digital health offerings, improving solution alignment to patient user journeys by 25%.• Spearheaded research on generative AI for product teams, creating workshops to support adaptation in rapidly evolving tech environments.• Led product commercialization initiatives, optimizing customer research structures that increased market share and received industry recognition, such as with a globally launched smart door product.• Accelerated product launches by 60% for a leading pharmaceutical company, by guiding product teams in customer discovery and agile practices.• Delivered keynote at 2023 B2B Summit. -
Head Of Product Management - Anti-Money Laundering (Aml) SoftwareNice Actimize Aug 2014 - Dec 2017Hoboken, New Jersey, UsI was recruited to directly lead a 10-employee global product team for a $500M comprehensive AML SaaS / on-premise product portfolio at this independent subsidiary. Reported to the Global General Manager and served on the Senior Leadership team. Focused on driving revenue and improving customer satisfaction.Some Highlights:• Achieved 40% YoY revenue growth through launch of several new products and product versions, enhancing cross-functional communication and deployed new customer relationship programs to boost customer satisfaction by 25%.• Designed and implemented a strategic 5-year roadmap focusing on Big Data, Cloud, advanced AI, and predictive analytics, accelerating time-to-market by 60% through SAFe adoption and scaling revenue, market expansion and user growth.• Mentored a global product team, recruiting and upskilling talent to meet evolving market needs and enhance AML portfolio alignment with client expectations. -
Product Management / Project ManagementChateaux Jan 2013 - Aug 2014Norwalk, Ct, UsI focused on providing fractional product management services to different organizations. Chateaux's industry relationships enabled work on several interesting projects.Delivered management consulting and managed large AI and analytics projects for major corporations such as Canon and PALL Corporation, and marketing services for consulting companies such as Chateaux, Object Management Group (OMG) and CISQ. Focus areas include Cloud Computing / Big Data, Business Intelligence / Analytics, Data Management, Application Development & Integration, and Lean Architecture across Healthcare, Manufacturing, CPG and High-Tech industries.Some Highlights:• Chateaux Software – Launched digital solutions for enterprise visibility, enabling high-quality data analytics and driving revenue growth.• Canon USA – Led a 10-person team to develop a new business intelligence and analytics platform, enhancing call center capabilities to improve customer engagement and sales tracking. -
Chief Marketing Officer / Vice President, Marketing & Martech - Green Building Design SoftwareSefaira (Acquired By Trimble) Feb 2012 - Dec 2012I was recruited by the VC-backed startup to create customer marketing strategy, build a global market presence, improve customer acquisition and drive demand generation. Sefaira was acquired by Trimble.Sefaira provides powerful, disruptive cloud-based building physics analytics software for green building design, construction, management and retrofit within architecture and building engineering.Reported to the CEO. Held budgetary responsibility of $500,000 with three indirect reports.Some Highlights:• Generated $400K in annual bookings and reduced cost-per-lead by 20% through targeted SaaS product launch strategies and optimized digital content campaigns.• Doubled the company's social media presence and increased average unique monthly website visitors by 500%.• Improved company visibility and engagement by migrating CRM systems to Salesforce and HubSpot, aligning sales and marketing metrics to strategic goals.
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Chief Marketing Officer / Vice President, Marketing & Martech - Cloud Management SoftwareKaavo Inc Jan 2011 - Feb 2012My focus at this VC-backed startup was to help an innovative cloud management start through my skills in database management, cloud computing, product management and customer marketing. I focused on driving strategic partnerships, product marketing, thought leadership and industry presence.Kavvo is a provider of disruptive application-centric cloud management solutions, managing 1M+ application hours across global businesses. Reported to the CEO, P&L responsibility. Updated pricing methodology and created new solutions. Managed analyst/media relations and social media presence.Some Highlights:• Drove product marketing initiatives, and established CRM and marketing automation processes, generating over 1,000 leads and achieving a 500% increase in partner-generated opportunities for SaaS product.• Sharpened messaging and cultivated strategic partnerships with key ISVs and services providers that enhanced sales pipeline sources and drove a 500% increase in opportunities within financial and high-tech companies.
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Senior Director Of Product ManagementCa Technologies Jul 2007 - 2010San Jose, California, UsI was promoted to define and manage the global product strategy for multi-product solutions that addressed key market trends and aligned corporate, business unit and M&A directives.Provided market, product, and business strategy research and creation for Cloud Computing, Business Service Management (BSM), Data Center Automation, Service Automation, and Green IT. Responsibilities included: business plans and roadmaps, competitive analysis and requirements management; engaged leading analyst firms; participated in industry events, meet with current and prospective partners and clients, and spokesperson for press interviews; authored blogs, white papers, industry articles.Some Highlights:• Refined global product strategy and product roadmaps to focus on Cloud Computing and Virtualization.• Played a key role in successful SaaS acquisitions, conducting thorough M&A due diligence on companies valued at over $450M.• Launched new Data Center Automation, Service Automation, and Green IT solutions comprised of several best-of-breed CA products, and established CA as a leader within Forrester’s Data Center Automation WAVE report. -
Director Of Product ManagementCa Technologies Nov 2005 - Jul 2007San Jose, California, UsI formed and led the company's first-ever product management team for the Integration Platform Services Division, whose product portfolio consisted of Portal and BI, SOA, Management Schema, Reporting, Workflow, Mainframe Common Services offerings.Held responsibility for applying standards across the company's product portfolio and accelerating integration and interoperability of products to promote larger business solutions. Cultivated relationships with OEM vendors and led build vs. buy vs. partner decisions. Business plans and roadmaps, competitive analysis and requirements management, go-to-market strategy.Some Highlights:• Implemented product management best practices and improved product portfolio relevance, leading to 10% increase in product distribution through accelerated product time-to-market and higher customer alignment.• Championed the business case for investment in common reporting technology for all CA products, drove contract negotiations with third-party vendors and selection of Business Objects.• Launched several multi-domain products on time and within budget through cross-functional collaboration. • Developed a new beta program structure for embedded products, resulting in a 35% increase in quality and expectations of launched products.• Key product contact for sales, drove $2M in closed contract value.• Defined new product stakeholder forum program to sharpen roadmap development. -
Product Manager / Head Of ProductCa Technologies Oct 2004 - Nov 2005San Jose, California, UsI wanted to move from just developing features to defining and prioritizing product capabilities and have a larger impact on product direction.Promoted to become the first product manager for the entire Ingres DBMS product line (over $50M / yr). Brought extensive software engineering experience to strategic and tactical management of the product suite. Responsibilities included: primary product contact for sales; provided key technical expertise to development, quality assurance, and support teams; ensured new features were properly developed and tested, and software defects corrected; collaborated with other CA divisions on technical, market, and business decisions; defined Ingres DBMS business plan and roadmap, utilizing competitive analysis; developed new contract templates with technology services and legal counsel used for binding contracts with clients and partners for add-on technical services. Some Highlights:• Improved partner program structure to support Open Source model, and created the Ingres Strategic Partner Development Program that brought in over 20 selective partners in key growth areas. Led technical account management.• Managed release of first Open Source version of Ingres on Windows; directed global virtual engineering team and coordinated cross-functional groups. Platform represented over 55% of total source and binary downloads for Ingres r3 in 2004.• Increased market presence and positioned CA as a thought leader by participating in industry events, authoring white papers, presenting to current and prospective partners and clients, and nurturing long-term relationships; generated more than 200 leads through trade show planning and coordination.• Played key role in repositioning Ingres DBMS as an Open Source product and launching Ingres as an independent company by assisting with marketing strategy development; completed special assignment to co-design content for external website as a key marketing and customer support portal. -
Software Development LeaderCa Technologies Aug 2001 - Oct 2004San Jose, California, UsI was promoted to lead the product development team responsible for Ingres DBMS on Windows, UNIX, and Linux platforms.Managed and coordinated full lifecycle of global software development projects through three major release cycles and several product versions. Drove team development. Created and delivered product demonstrations at industry events. Managed Ingres DBMS product participation at trade shows.Some Highlights:• Drove new revenue and earned high customer acceptance through successful release of two major product versions; reduced software defects 35% by improving packaging procedures. Fixed 275 software defects and implemented 20+ product enhancements.• Released several well-received products, on-time and within budget, by effectively collaborating with support, development, localization, quality assurance, and documentation teams to make project-specific decisions.• Lowered number of product support issues and increased implementations at customer sites by working with business unit stakeholders on better product integration.• Improved alignment of product with Microsoft standards and delivered an easier embeddable interface by architecting a new installation arcitecture on Windows platform.
Sam Somashekar Skills
Sam Somashekar Education Details
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New York UniversityBiology
Frequently Asked Questions about Sam Somashekar
What company does Sam Somashekar work for?
Sam Somashekar works for Syntheseed
What is Sam Somashekar's role at the current company?
Sam Somashekar's current role is Chief Product Officer.
What is Sam Somashekar's email address?
Sam Somashekar's email address is ss****@****ter.com
What is Sam Somashekar's direct phone number?
Sam Somashekar's direct phone number is +161725*****
What schools did Sam Somashekar attend?
Sam Somashekar attended New York University.
What skills is Sam Somashekar known for?
Sam Somashekar has skills like Enterprise Software, Saas, Cloud Computing, Product Management, Integration, Go To Market Strategy, Software Development, Enterprise Architecture, Program Management, Crm, Product Marketing, Financial Modeling.
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