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Vivek Ranadivé

Owner, Sacramento Kings

About

Vivek Ranadiv is an entrepreneur, technology visionary, author, philanthropist, and sports team owner recognized for his outside-the-box thinking. He has led the advancement and use of real-time technology in business operations and decision making, earning him the nickname "Mr. Real Time" in technology circles. Mr. Ranadiv is dedicated to the vision that if you get the right information to the right place at the right time, you can make the world a better place. In 1986 Mr. Ranadiv founded Teknekron Software Systems, which focused on creating the stock trading floor of the future. Teknekron went on to automate Wall Street, and its technology became the engine for most of the world's capital markets. In 1997 he founded his present company, TIBCO Software Inc. , with the mission of bringing real-time computing into the mainstream. Today TIBCO technology helps more than 4,000 customers thrive by powering everything from the web to airlines, utilities, communications providers, manufacturers, and governments. With nearly a billion dollar revenue run rate, TIBCO is one of the fastest-growing software companies in its peer group. Mr. Ranadiv has authored three books that are New York Times and global best sellers, both widely read in business and academia. His most recent book is The Two-Second Advantage: how we succeed by anticipating the future - just enough; his previous book, The Power to Predict, explored how companies can break new ground in their quest to anticipate customers' needs, capture new opportunities, and predict and avoid problems; and the Power of Now covered how winning companies sense and respond to change using real-time technology. A native of Bombay, India, Mr. Ranadiv watched a documentary on MIT and was inspired at the age of 16 to leave India for Cambridge, Massachusetts, arriving with only $50 in his pocket. After earning both a Master's and Bachelor's Degree in Electrical Engineering from the Massachusetts Institute of Technology, he obtained an MBA at Harvard where he was a Baker Scholar. Mr. Ranadiv is a big basketball fan, which started when he coached his daughter's middle school team. Mr. Ranadiv's coaching success was highlighted in a New Yorker magazine article by Malcolm Gladwell as an example of innovators who win big by doing the unexpected and breaking the rules. He started his foray into the professional side of basketball when he became the co-owner and vice chairman of the Golden State Warriors NBA franchise. In 2013, he became the first Indian majority owner of an NBA team when he purchased the Sacramento Kings. Vivek believes he will soon realize his dream of taking the sport of basketball to India and making it "the" global sport of the 21st century.

Vivek Ranadivé

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