WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Web Hosting Computer Hardware Thursday, September 21, 2023 
Add Press Release News | News Feeds Feeds | Email This News Email

Appointment of Ashok Reddy as CEO of KX
Saturday, August 13, 2022

LONDON, Aug. 5, 2022 /PRNewswire/ -- FD Technologies announces the appointment of Ashok Reddy as Chief Executive Officer of KX, reporting directly to Group CEO Seamus Keating.

With an established track record of building and growing global technology businesses, Reddy joins KX at an optimal moment, with growth in annual recurring revenue accelerating and the signing of a landmark strategic partnership agreement with Microsoft earlier this year positioning KX for further growth.

"The market opportunity for KX is considerable," said Reddy. "Real-time analytics is one of the most exciting spaces in technology today, and the opportunity for KX is evidenced by the growing number of new customer agreements in industries outside our core financial services base. I'm looking forward to leading the business, using my experience in developing and implementing strategies that deliver rapid growth to create value for stakeholders."

Reddy has more than 20 years of experience leading teams and driving revenue for Fortune 500 companies. He spent ten years at IBM where he led the end-to-end delivery of enterprise products and platforms for a diverse portfolio of global customers. During his tenure, he more than doubled revenue and created a DevOps category that exceeded $350m in new revenue.

At CA Technologies, Reddy delivered growth in revenue and profitability, focused on the world's largest financial services customers and cloud-based DevOps and AIOps product lines. A similar role at semiconductor firm Broadcom saw Reddy establish the company's first enterprise software division and the formulation and implementation of a new business model that drove growth and more than tripled net margins in less than a year. Most recently, Ashok was the CEO of Digital.AI, driving rapid revenue growth and establishing it as the leader in AI-driven DevOps value stream management.

Commenting on the appointment, FD Technologies CEO Seamus Keating said: "We're delighted to have Ashok join as CEO of KX. His track record of success in enterprise software, driving product and commercial strategies is a perfect fit as we look to accelerate our growth following a transformational year for the business."

About FD Technologies

FD Technologies is a group of data-driven businesses that unlock the value of insight, hindsight and foresight to drive organisations forward. The Group comprises KX, the leading technology for real-time continuous intelligence; First Derivative, which provides technology-led services in capital markets; and MRP, the only enterprise-class, predictive Accounts Based Marketing solution. FD Technologies operates from 14 locations across Europe, North America and Asia Pacific, and employs more than 3,000 people worldwide.

For further information, please visit and
Kristin Davie,

Photo -
Logo -

View original content to download multimedia:


Email This News Email | Submit To Slashdot Slashdot | Submit To Digg | Submit To | News Feeds Feeds

Nav Mid-year Review Spotlights Global Automotive Market Trends for 2023 | Sep 21, 2023
Nav All Flash Array Market to grow by USD 31.03 billion between 2022 - 2027 | Growth Driven by Increasing Adoption of SSDs in laptops, gaming, and high-end PCs - Technavio | Sep 21, 2023
Nav RapidScale Selected as Finalist for 2023 NC TECH Awards | Sep 21, 2023
Nav GrapeCity Developer Solutions Consistently Named Top Workplace | Sep 21, 2023
Nav Keeper Security Unveils Enhanced User Interface and Android Improvements in Latest Update | Sep 21, 2023
Nav Whatfix Positioned as a Leader (fourth consecutive year) and a Star Performer in Everest Group Digital Adoption Platform (DAP) PEAK Matrix┬« Assessment 2023 | Sep 21, 2023
Nav Laird Connectivity Combines Bluetooth LE and Ultra-Wideband (UWB) in a Seamless Solution for Proximity and Pinpoint Accuracy with the Sera NX040 | Sep 21, 2023
Nav GrapeCity Developer Solutions Recognized in Visual Studio Magazine's 2023 Reader's Choice Awards | Sep 21, 2023
Nav A New Partnership for Digital Design & Product Development eXcellence | Sep 21, 2023
Nav Cybereason Announces Strategic Executive Hires and Successful Funding Round to Drive Global Growth | Sep 21, 2023

Submit News | View More News View More News