Estuate Appoints Chief Strategy Officer to Accelerate Growth

Global Services Industry Veteran to Spearhead Business Strategy and Growth in Leading Edge Technology Solutions

Sunnyvale - June 21, 2016 - Estuate, a leading global Product Engineering & IT services provider, announced today that it has appointed Krishna Guda (GK) as Chief Strategy Officer. In this new role, GK will spearhead the development of new service models and drive the expansion of Estuate into new verticals around the world. Estuate presently serves clients across six continents with offices in five countries.

“I am incredibly proud of the achievements of the Estuate family over the last decade.  Our partners love us, our customers depend on us, and our employees consistently go above and beyond to deliver on our culture of Extreme Service.  We have built extensive expertise in data - from information lifecycle management to governance and security to analytics and business intelligence.  Estuate IP has opened new markets for our partners.  Our expertise in Cloud solutions has helped our customers unlock the value of their technology investments to deliver outstanding business outcomes,” said Prakash Balebail, CEO at Estuate.  “But the opportunity ahead of us is even bigger.  As the movement towards the Cloud accelerates, and as we enter a big bold era of Big Data, Estuate is in a position to build on our accomplishments to create the next $100 million global services company while maintaining its laser focus on customer outcomes.  GK is a highly respected industry veteran and a seasoned leader with an established track record of scaling product & service companies to this level and beyond, and I am sure he will set us on a path of rapid growth.  I could not be more excited about Estuate’s future.”

GK was previously at Sierra Atlantic, where he built a team & strategy to accelerate its growth to a global services company, and its eventual acquisition by Hitachi Consulting.  As the Executive Vice President at Sierra Atlantic/Hitachi consulting, GK managed worldwide operations with responsibility to lead several corporate functions including sales, marketing and solutions.  GK has served as advisor, President & CXO positions at multiple companies in the Silicon Valley. He also served in HCL, DEC/HP, and TVS Electronics during the early part of his career.  He has built progressive software solutions that fostered significant revenue growth in the Healthcare, Financial Services, Hi-Tech and Manufacturing verticals. GK advises several technology and services startups on growth and exit strategies.

“We live in a time of unprecedented technological developments that will disrupt every industry, from manufacturing to financial services to retail.  The expectations of the customer - business, consumer or government - have never been higher, and companies that focus on their customers’ needs are best placed to succeed,” said GK, Chief Strategy Officer at Estuate.  “Estuate has a very dedicated team that has consistently exceeded customer expectations, and its focus on customers is matched by its investment in technology and talent development.  With deep expertise in 360-degree data services, Big Data, Business Intelligence and Cloud technologies, and remarkably strong partnerships with leading technology vendors, the foundation is in place for the future.  I look forward to working with this amazing team to transform this company into the next global technology services major.”

GK has a Masters degree in Engineering Physics. He is certified from Japanese Manufacturing Association (JMA) in manufacturing systems and has management certifications from Stanford University Graduate School of Business.

About Estuate

Estuate is a global technology services company, headquartered in Sunnyvale, California, with offices in Princeton, New Jersey, Canada, India, UAE and the UK.  We have dedicated practices built around Information Lifecycle Governance and Security, Product Engineering Services, Big Data and Business Intelligence, and Technology Applications Implementation.  We leverage strategic partnerships with vendors - from product development to joint go-to-market activities - to deliver unbeatable value to clients across a wide range of services - consulting, implementation, integration, security, custom development and professional services.  Our “extreme service” philosophy has brought about an extensive clientele - from early-stage startups to Fortune 50 companies - that is 100% satisfied, and 100% referenceable. For more information, visit us athttp://www.estuate.com.