Rasul Damji I Founding Partner at Altasparq

Founding Partner at Altasparq
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(386) 825-5501

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Rasul is a leader who inspires his team to achieve extraordinary results. He communicates objects clearly, decisively delegates authority and creates an atmosphere that is committed to success. His leadership is measured by the number of followers he coached, other leaders he enabled and the results his team achieved.

Debbie Kroplick

It is with great pleasure that I share my experience with Rasul over the 9 years I have known him and worked with him at Raritan, Inc., while I was Facilities Manager. Rasul was demanding ,but fair, and encouraged our team to constantly look at our successes, and challenges, constantly asking,

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Experience

    • United States
    • IT Services and IT Consulting
    • 1 - 100 Employee
    • Founding Partner
      • Jul 2018 - Present

      Altasparq was built to solve practical business problems by helping companies transform their business using emerging technologies. We design AI-based chatbots for patient monitoring and offer continuous real-time core body temperature monitoring patches for early infection detection. Provide next generation AI-based cyber-defense solution capable of identifying and autonomously responding to subtle attacks that bypass all other security tools. Offer emotions analytics by collecting and analyzing a person’s verbal and nonverbal data with machine learning tools to provide valuable insights to their emotions. Deliver digital services for IT modernization and to fill gaps in missing skillsets and augment peak workloads. Altasparq's approach is to collaboratively work with clients to “think differently, plan differently and act differently” to execute innovative holistic business models. We are focused on a long term relationship with our clients adding value with the future of their business at the top of our mind.

    • United States
    • Business Consulting and Services
    • 500 - 600 Employee
    • Advisor
      • Oct 2019 - Present

      If you are aware seeking business advice, you can request a meeting with me on AdvisoryCloud https://www.advisorycloud.com/profile/Rasul-Damji If you are aware seeking business advice, you can request a meeting with me on AdvisoryCloud https://www.advisorycloud.com/profile/Rasul-Damji

    • United States
    • IT Services and IT Consulting
    • Founding Partner
      • Jul 2018 - Present

      Technology and Business consulting leading the industry in helping companies connect the dots between current-state and future-state of business and digital transformation by leveraging emerging IT infrastructure technologies. Technology and Business consulting leading the industry in helping companies connect the dots between current-state and future-state of business and digital transformation by leveraging emerging IT infrastructure technologies.

  • KDW Partners
    • Princeton
    • Founding Partner
      • Jan 2016 - Jul 2018

      In new market development, KDW Partners introduces innovative energy-saving technologies into the U.S. data center market. In its advisory role, KDW matches natural strategic allies to catalyze transformational-yet-nascent opportunities. In new market development, KDW Partners introduces innovative energy-saving technologies into the U.S. data center market. In its advisory role, KDW matches natural strategic allies to catalyze transformational-yet-nascent opportunities.

    • Taiwan
    • Software Development
    • 1 - 100 Employee
    • Co-Head of US Business Development
      • 2016 - Jul 2018

      We are the exclusive US distributors of Ambedded’s Mars-200 Software-Defined Storage (SDS) appliance, the leader in virtualization of the IT storage environment. Among other benefits, the 60-Watt Mars-200 appliance uses 80% less power than its nearest x86-based competitors, saving $1000 / year per 1U appliance. Further, each component is redundant and hot-swappable, making for a very robust & resilient design. As of mid-2017, it is the ONLY commercial implementation of Ceph (2/3 of OpenStack) on an ARM architecture.

    • United States
    • Appliances, Electrical, and Electronics Manufacturing
    • 100 - 200 Employee
    • Senior Vice President, Global Sales and Product Operations
      • Jul 2013 - Jan 2016

      Transforming Raritan into an industry leader with 11 consecutive positive EBITDA quarters along with forging alliances and executing strategies that emphasized new customer acquisitions, operational effectiveness and efficiency, and employee morale led to the recent sale of the company to Legrand.I formulated and implemented strategies to rebrand the business from technology-focused hardware-centric (KVM) into a customer-centric energy management solutions provider and industry leader for data centers.I created and launched an innovative go-to-market approach and increased brand strength for worldwide operations to achieve $132M in sales (2015). Mentored high-performing teams, implemented many process changes, and increased operational efficiencies by 10%. Achieved 11 consecutive positive EBITDA quarters, drove profitability to $20M with 480% CAGR (2013-2015).I enabled the balance of EBITDA, long-term growth, and eventual sale of the company to Legrand.

    • Senior Vice President, Global Product Operations
      • Feb 2006 - Jun 2013

      I was handpicked to restore operational excellence and spearhead the advancement of IPDUs and a lean manufacturing environment. I held P&L responsibility for a $100M+ portfolio and partnered with the CEO in creation of a 3-pronged strategy, calling out three investment horizons, each promising a return in a different time period to balance EBITDA. This enabled growth while aggressively pursuing groundbreaking initiatives that focused on servicing customers, scalable go-to-market model, and delivery of a highly differentiated product offer. I produced 45% revenue CAGR (6 years), grew revenue 50%, improved 10% points of OPEX to revenue ratio (18 months), and reduced working capital by $11.5M.

    • General Partner and Co-Founder
      • Jan 2005 - Jan 2006

      In this M&A and deal structuring consulting firm, I sourced investors and secured the funding need for company roll-ups. Additionally, I launched the “virtual CIO’ model to help businesses maintain their IT health and security. In this M&A and deal structuring consulting firm, I sourced investors and secured the funding need for company roll-ups. Additionally, I launched the “virtual CIO’ model to help businesses maintain their IT health and security.

    • United States
    • Telecommunications
    • 700 & Above Employee
    • Vice President, Network Engineering and Operation
      • Oct 2002 - Sep 2004

      I was recruited to manage $3B capital budget and $122M in operational expenses for this Global Telecommunications giant. I defined the strategy, provided the direction, and developed a network architecture to accelerate AT&T’s facility-based operations expansion into customer buildings.My efforts reduced capital expenses by $300M, generated an incremental $133M in access savings, and secured executive approval for $8.5B, five-year network transformation initiative.

    • Vice President, Local Network Services Program Management
      • Jan 2002 - Dec 2003

      Managed full scope of process re-engineering and the strategic deployment of operations support systems including, ordering, provisioning, installation, maintenance, billing, and customer service along with the complex re-systemization, data profiling, and consolidation/storage.Within 21-months, I reduced the annual expense $52M, reduce activity time 50% (9-months ahead of a 30-month target), improved cash flow $125M, and delivered $7.5M in-year savings.

    • Vice President, Broadband Product Management
      • Apr 2001 - Jan 2002

      I was recruited to manage $100M annual contract with AT&T Broadband and subsequently launched a $50M DSL offer to small business metro customers.

    • President and COO
      • Jul 2000 - Mar 2001

      I successfully raised $5M in venture capital funding needed to launch e-government software firm focused on offering solutions to municipalities and built a customer-focused, 45-member team. Grew revenue $1.5M within first 3-months.Launched e-government software firm providing solutions to municipalities. Managed sales, marketing, development, delivery, P&L and cash flow. Developed software business model with flexibility to evolve into ASP markets. I successfully raised $5M in venture capital funding needed to launch e-government software firm focused on offering solutions to municipalities and built a customer-focused, 45-member team. Grew revenue $1.5M within first 3-months.Launched e-government software firm providing solutions to municipalities. Managed sales, marketing, development, delivery, P&L and cash flow. Developed software business model with flexibility to evolve into ASP markets.

    • Finland
    • Telecommunications
    • 700 & Above Employee
    • VP - Software Products Group
      • Aug 1998 - Jun 2000

      As VP of the Software Products Group, I spearheaded an acquisition and integration of $1.5B corporation Kenan Systems that catapulted Lucent into the Billing and Customer Care (B&CC) software market. I generated $12M within first 12-months and introduced the web billing commercial product in 90-days, which was developed at the Joint Development and Delivery Center (JDDC) - Collaboration between Kenan Systems and Bell Labs. As VP of the Software Products Group, I spearheaded an acquisition and integration of $1.5B corporation Kenan Systems that catapulted Lucent into the Billing and Customer Care (B&CC) software market. I generated $12M within first 12-months and introduced the web billing commercial product in 90-days, which was developed at the Joint Development and Delivery Center (JDDC) - Collaboration between Kenan Systems and Bell Labs.

    • United States
    • Telecommunications
    • 200 - 300 Employee
    • Director, Operations and Product Managent
      • Jun 1997 - Aug 1998

      As Director of Operations & Product Management, Professional Services Pioneered turnaround and explosive growth of network services organization. Designed and executed 100-day plan as foundation for 12-month turnaround and doubling of revenue to $96M. As Director of Operations & Product Management, Professional Services Pioneered turnaround and explosive growth of network services organization. Designed and executed 100-day plan as foundation for 12-month turnaround and doubling of revenue to $96M.

    • United States
    • Telecommunications
    • 700 & Above Employee
    • Senior Manager
      • Jun 1982 - May 1997

      CLEC Lead Negotiator – Negotiated local interconnection agreements with GTE. Professional Services Business Manager – Landed $85M wireless network operations contract. International Market Manager – $35M business development in India, the Philippines, & South Korea. Senior Product Manager – P&L management of $75M transmission optical products portfolio. Sales Manager – Telephone store manager with $4.5M annual revenue CLEC Lead Negotiator – Negotiated local interconnection agreements with GTE. Professional Services Business Manager – Landed $85M wireless network operations contract. International Market Manager – $35M business development in India, the Philippines, & South Korea. Senior Product Manager – P&L management of $75M transmission optical products portfolio. Sales Manager – Telephone store manager with $4.5M annual revenue

Education

  • Boston University
    MS, Electrical Engineering
    1989 - 1990
  • New York University - Leonard N. Stern School of Business
    EMBA, specialized in Leadership and Finance
    2007 - 2009
  • Wharton Business School
    Advanced Management Executive Program
  • Boston University
    BS, Electrical Engineering
    1981 - 1985

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