Aug 2022 – Jul 2023 · 11 mos · Palo Alto, California, United States

• This book explores how large companies can partner with academia and startups to drive long-term disruptive innovation. The book is available on Amazon and Barnes and Noble.
• https://www.barnesandnoble.com/w/the-innovation-factory-prith-banerjee-phd/1141884649
• I have also recently started an YouTube channel called INNOVATION FACTORY where I discuss the topic of innovation in large companies.
• https://www.youtube.com/watch?v=1uNKcZNyhkg&t=67s

Aug 2019 – Jun 2023 · 3 yrs 10 mos · Mountain View, CA

• I was an Independent Director of Turntide Technologies. The Silicon Valley based Turntide Technologies is setting a new standard of efficiency, reliability, and intelligence with the TT Smart Motor System. TT combines modern computing and software control with the proven reliability of switched reluctance motor technology to achieve an unprecedented optimal efficiency.

Oct 2018 – Jul 2025 · 6 yrs 9 mos · San Francisco Bay Area

• As CTO, I led the evolution of ANSYS' technology and will champion the company's next phase of innovation and growth. If you've ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you've used a product where ANSYS software played a critical role in its creation. ANSYS is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world's most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, ANSYS is headquartered south of Pittsburgh, Pennsylvania, U.S.A. Visit www.ansys.com for more information. Ansys was acquired by Synopsys in July 2025 and I joined Synopsys as SVP of Innovation.

Sep 2018 – May 2021 · 2 yrs 8 mos · Greater San Diego Area

• I was an Independent Director of Cubic Corporation. Cubic is a market-leading, technology provider of integrated solutions that increase situational understanding for transportation, defense, C4ISR and training customers worldwide to decrease urban congestion and improve the militaries’ effectiveness and operational readiness. CUBIC was acquired by Veritas Capital on May 25, 2021 and I left the Board on that date.

Jun 2017 – Sep 2018 · 1 yr 3 mos · San Francisco Bay Area

• In this role I was responsible for the IOT and Digital Transformation advisory services within the Global Industrial Practice (including automotive, aerospace, defense, energy, oil and gas, utilities, manufacturing, automation, and related).
• Korn Ferry is the preeminent global people and organizational advisory firm. We help leaders, organizations, and societies succeed by releasing the full power and potential of people. Our nearly 7,000 colleagues deliver services through our Executive Search, Hay Group and Futurestep divisions. Visit kornferry.com for more information.

Sep 2015 – Jun 2017 · 1 yr 9 mos · Pleasanton, CA

• I was Executive Vice President, Chief Technology Officer and member of the Executive Committee of Schneider Electric, reporting to the Chairman and CEO. In this role I am responsible for driving innovation and technology differentiation, and coordinating the R&D activities of the company across its five businesses with 8,000 R&D personnel, and a 1.3 billion Euro R&D investment.

Jun 2013 – Aug 2015 · 2 yrs 2 mos · San Jose, CA

• In his role, I oversaw the Accenture Technology Labs, the global technology R&D organization within Accenture which explored new and emerging technologies
• http://www.accenture.com/us-en/technology/technology-labs/Pages/index.aspx
• In addition, I directed Accenture’s annual Technology Vision research, which looked at the future of enterprise IT and made recommendations for how companies can take advantage of technology to improve their competitiveness, operations and business results.
• http://www.accenture.com/Microsites/it-technology-trends-2014/Pages/home.aspx.

May 2013 – Sep 2019 · 6 yrs 4 mos · Greater Seattle Area

• I was an Independent Director of Cray Inc., a Global supercomputing leader. Cray Inc. (Nasdaq: CRAY) provides innovative systems and solutions enabling scientists and engineers in industry, academia, and government to meet existing and future simulation and analytics challenges. Cray was acquired by HPE in September 2019, so I stepped off the Board.

Apr 2012 – May 2013 · 1 yr 1 mo · Zurich, Switzerland

• In my role as Chief Technology Officer and Executive Vice President of ABB, I head up 8000 scientists and engineers in ABB Research Centers around the world (China, India, Germany, Poland, Sweden, Switzerland, and USA) and two Global Labs, Global Labs Power and Global Labs Automation.

Aug 2007 – Apr 2012 · 4 yrs 8 mos

• In these roles, I helped to chart technical strategies for the company, and I headed HP Labs, which has seven locations worldwide. I was responsible for creating a very comprehensive Strategic Plan for reorganizing and redirecting HP Labs to have the researchers to work on high impact larger collaborative projects, improved project life-cycle management, and more direct accountability, a greater emphasis on longer term research, and a focus on technology transfer. We re-organized HP Labs into 7 Labs each with about 50-80 researchers focused on a particular research theme. We also put in place programs for successful technology transfer, and Open Innovation with university researchers, commercial partners, and external funding agencies. I managed a group of 500 researchers in 7 labs in 7 worldwide locations.

Jan 2006 – Jan 2011 · 5 yrs · Chicago, Illinois

• BINACHIP developed system level electronic design automation tools and services. My role was to create the business plan and strategic technical directions for the products and services for the company.

Aug 2004 – Jul 2007 · 2 yrs 11 mos

• In this role, I was responsible for six academic departments and 8 research centers, 115 faculty, 1625 undergraduates, and 850 graduate students, and $21 million in annual research funding.

Jul 2000 – Jul 2002 · 2 yrs

• Responsible for founding the company, raising $2.3 million in Venture Capital funding, hiring a top management team, growing the company to about 25 employees, developing the first product AccelFPGA, and generating more than $800,000 in revenue. AccelChip was purchased by Xilinx in Jan. 2006.

Sep 1996 – Jul 2004 · 7 yrs 10 mos

• Responsible for a department with 31 faculty, 120 graduate students, 250 undergraduate students. During these years, I had led the development of some innovative revisions of the electrical engineering and computer engineering undergraduate curricula at Northwestern. Was responsible for building a Center for Parallel and Distributed Computing with 12 faculty, being a principal investigator of five large research projects with more than $8 million in funding from DARPA, NSF, NASA, DOE, and others. In addition, I completed the supervision of 10 Ph.D. and 15 M.S. theses.

Jan 1985 – Aug 1996 · 11 yrs 7 mos

• Supervised more than 25 Ph.D. and 25 M.S. students, and had ten large research projects from NSF, DARPA, ONR, SRC, and others. I was the founding Director of the CSE program at Illinois during 1994-96. During those two years, I was successful in establishing the CSE academic program in ten departments, creating/identifying more than 40 CSE courses, sponsoring 8 research assistantships for CSE research activities, writing research proposals to obtain advanced computing equipment for a CSE laboratory, starting a CSE seminar, and writing proposals to acquire grants for research in CSE.