Jai Chinnakonda is the Founder & Chief Executive Officer of ENGAIZ. The tech company was founded based on an underlying philosophy that revolves around the need to build lasting relationship with third parties / vendor partners to help enterprise organizations meet business objectives by effective engagement, mitigating risks, controlling costs, driving performance and innovation.
“Digitally transforming organizations are increasingly dependent on third parties of varying sizes. A shift from pure ‘Cost’ focus to a cost plus ‘Shared Risk’ & ‘Value’ focus when engaging with strategic third-party vendors seem to be imminent. This has led us to bring to the market an AI-Driven Integrated Third-Party Engagement Platform that combines Vendor Relationship & Engagement with strong Risk Management” says Jai Chinnakonda.
Leveraging his and the advisory boards decades of experience as leaders in outsourcing and risk management, the ENGAIZ platform embeds in its design an integrated risk, relationship management and governance, enabled by AI and risk insight partnerships. As a Certified Third Party Risk Management Professional, his passion is to help both enterprises and their third-parties / vendors to build a win-win relationship.
Before his current venture, for close to two decades, Jai has held many technical and senior leadership roles with global companies like IBM, ATOS Syntel and Tech Mahindra. As an experienced IT Executive and a Trusted Advisor, his responsibilities included managing large technology outsourcing engagements across North America, UK and Europe.
Jai is a member of the Harvard Business Review Advisory Council, an opt-in research community of business professionals. He was also a contributing member to the first draft of The Standard for Program Management released by the Project Management Institute (PMI). He is a Founding Director of ServeIndia.Org – a non-profit organization dedicated to giving back to home country.