Vivek Ranadive (Marathi: विवेक रणदिवे) is an Indian businessman, engineer, author, speaker and philanthropist.
- Vivek Ranadive was borned on October 7, 1957.
- Ranadivé grew up in the Juhu area of Bombay (now Mumbai), India.
- He was the youngest of three children.
- At 16, Ranadivé was accepted to MIT.
- He is the founder and CEO of TIBCO
- In 1970s, at the age of 16 Vivek was selected for MIT where he successfully completed his Bachelors & Masters degree.
- After MIT, he joined Harvard University in 1983 & completed his MBA.
- He was titled Baker Scholar at Harvard University.
Industry Profile :
- While still in college at MIT, Ranadivé started his first company, a UNIX consulting company.
- He also held management and engineering positions with Ford Motor Company, M/A-Com Linkabit and Fortune Systems immediately after college.
- Teknekron Corp., a technology incubator, provided $250,000 in seed capital to Vivek Ranadivé in 1985; in 1986, Teknekron Software Systems was born.
- In 1997, Ranadivé founded TIBCO Software Inc. with funding from Cisco and Reuters.
- In 1999, TIBCO’s revenues were $100 million, leading them to file for an IPO on the NASDAQ.
- Currently, TIBCO is active in a wide range of markets including retail (FedEx and Amazon.com), manufacturing, financials (Chicago Mercantile Exchange, NASDAQ and Goldman Sachs), the military (the Department of Defense, United States Department of Homeland Security), airlines (Delta) and tech companies (iPhone activation with AT&T, eBay).
- By 2011, Ranadivé had grown TIBCO’s annual revenues to $920 million and its customer base to 4,000.
- In 2010, Ranadivé became the co-owner and vice chairman of the Golden State Warriors, making him the first person of Indian descent to own an NBA franchise.
- On March 21, 2013 it was announced that Ranadivé has joined Ron Burkle and Mark Mastrov to be a major investor in the attempt to purchase the Sacramento Kings of the National Basketball Association.
- On May 16, 2013 it was announced that the Ranadivé lead ownership group came to an agreement with the Maloof family to purchase 65 percent of the Kings for approximately $348 million and will keep the Sacramento Kings in Sacramento.
- At the 2012 World Economic Forum in Davos, Ranadivé, along with WEF’s founder and chairman Klaus Schwab, launched TopCom, a private social network for world leaders.
- In 1999, Ranadivé published The Power of Now with a foreword by Sun Microsystems co-founder Scott McNealy which details how winning companies sense and respond to change using real-time technology.
- The book was a New York Times bestseller.
- In 2006, Ranadivé published The Power to Predict with a foreword from FedEx founder Frederick W. Smith which explores how companies can break new ground in their quest to anticipate customers’ needs, capture new opportunities, and predict and avoid problems.
- The book was an international bestseller and was profiled in Forbes, Harvard Business School and The Wall Street Journal‘s SmartMoney.
- In 2011, Ranadivé published The Two-Second Advantage: How We Succeed by Anticipating the Future–Just Enough, which reveals how our understanding of human mastery is being applied to the way computers “think.”
- The book was a New York Times, Wall Street Journal and USA Today bestseller and was reviewed positively by David Stern and Marc Andreessen.
Awards, Acheivements & Recognition :
- 2005 Wharton Infosys Business Transformation Award (WIBTA): North America Technology Change Agent Award.
- InfoWorld’s 2002 Top Ten Technology Innovators.
- 2002 Ernst & Young Software Entrepreneur of the Year.
- 2008 South Asian CEO of the Year by the South Asian MBA Association (SAMBAA).
Social Life :
- Ranadivé has three children: Aneel, Andre and Anjali.
- He enjoys playing golf, cycling, tennis, hiking, and has a black belt in Tae Kwon Do.
- Ranadivé, along with TIBCO’s director of business development, former NFL running back Roger Craig, used to coach his daughter’s national runner-up junior basketball team.
Twitter Profile :
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