AI & IoT

Artificial Intelligence (AI) & Internet of Things (IoT)

Goldman Sachs Honours LLamasoft for Entrepreneurship

LLamasoft, the leading provider of AI-powered supply chain analytics software to the world’s leading brands, is proud to announce that the company’s CEO, Razat Gaurav, has been recognised by Goldman Sachs (NYSE:GS) as one of the “100 Most Intriguing Entrepreneurs of 2020” at its Builders + Innovators Summit. Goldman Sachs selected Mr. Gaurav as one of 100 entrepreneurs from multiple industries to be honoured at the two-day virtual event.

Since joining LLamasoft as CEO in April 2018, Gaurav has further solidified its leadership in the supply chain design space and expanded into a broader innovative software-as-a-service (SaaS) based supply chain decision making platform called llama.ai, which is being rapidly adopted by some of the most highly respected global Fortune 500 companies across manufacturing, retail and logistics. He has also significantly expanded the company’s focus on customer success, tripled the number of data science and operations research related experts and struck strategic partnerships with leading consulting firms as the business scales up. These efforts have resulted in the doubling of LLamasoft’s revenue since Gaurav arrived at the company. He fosters an inclusive culture built around innovation, while instilling a passion to improve the lives of people and organisations in everything the “llama herd” does.

“I’m very humbled to be honoured by Goldman Sachs for innovation and entrepreneurship,” commented Razat Gaurav, CEO at LLamasoft. “This is a direct result of the passion, dedication and hard work of every LLama and our partner ecosystem. Our herd is special, and we continually work together across the globe to help organisations reimagine decision making across the supply chain. 2020 has brought a spotlight to supply chains and the need to rapidly apply advanced technologies, rethink the fundamental design and accelerate digitalisation initiatives. LLamasoft’s future is bright and I’m so energised by the continued innovation of this team.

Prior to LLamasoft, Gaurav served as Blue Yonder’s Executive Vice President, General Manager and Chief Revenue Officer. His experience also includes leadership roles at i2 Technologies and Ernst & Young.  He is currently also a member of the Board of Directors of LLamasoft, and the Advisory Board of the University of Michigan’s Industrial and Operations Engineering Department.

“True innovation is built from a diversity of perspectives and experiences,” said David M. Solomon, Chief Executive Officer of Goldman Sachs. “Our Builders + Innovators Summit brings together a collective of impressive future leaders who are striving to drive meaningful change. For over 150 years, Goldman Sachs has supported entrepreneurs as they launch and grow their businesses. That’s why we are pleased to recognise Razat as one of the most intriguing entrepreneurs of 2020.”

In addition to honouring 100 entrepreneurs, the summit, which this year took place virtually, consisted of general sessions and clinics led by seasoned entrepreneurs, academics, and business leaders as well as resident scholars.