Cloudleaf Hires Former eBay, PayPal Leader as Executive Vice President and Chief Technology Officer to Drive Scalable Next Generation Supply Chain Platform

Company bolsters leadership team with established industry veteran after a year of accelerated momentum

SAN JOSE, CA, April 6, 2021 -- Cloudleaf, Inc., the leader in next generation digital supply chain solutions, today announced the addition of Alok Bhanot as its Executive Vice President and Chief Technology Officer to help drive the product, technology and business vision and strategy. Bhanot joins the Cloudleaf team after a year of explosive growth driven by a global need for improved supply chain visibility brought to light by the COVID-19 pandemic.

Alok Bhanot is a seasoned technology and business leader with a stellar career leading large and startup teams across a spectrum of companies like eBay, PayPal, Verifone, Visa and startups like Inkiru and Qopper. He has built highly scalable platforms, systems and services for e-commerce, risk modeling, payment transactions, real-time predictive analytics and IoT-based operations systems. Alok has deep knowledge and experience in hyper-scale data architectures, modern cloud technologies, Artificial Intelligence (AI)/Machine Learning (ML) and analytics. He has managed operations at scale reaching 30M+ devices across 150 countries and $100B+ transactions annually.

“Supply chain disruptions have magnified the need to digitize and capitalize on the unique value delivered by the Cloudleaf platform,” Bhanot says. “Supply chains have taken center stage in C-suites as a potential make-or-break competitive differentiator. They are no longer viewed as merely a cost center, but rather a strategic area of investment to build a better business. I am thrilled to join the impressive leadership team, advisors and investors at Cloudleaf to propel our visibility and intelligence platform to the next level.”

Businesses of all sizes are experiencing unprecedented challenges, from business model shifts, the rapid adoption of e-commerce, changing consumer preferences, network disruptions and more. Digital transformation has become mandatory for businesses looking to adapt and grow as rapid data-driven insights can drive real competitive advantage. Given increased pressure, industries ranging from life sciences and pharmaceuticals, food and beverage, logistics and distribution, industrial manufacturing, high tech and telecom, and CPG and retail all need modern, cloud-based digital supply chain data platforms to support existing infrastructure and enable their transformation. The Cloudleaf team has already seen significant adoption in many industries, and Bhanot is being brought on to help tackle the massive scale needed to address global supply chain needs.

In his role at Cloudleaf, Alok Bhanot will be responsible for:

• Growing the Cloudleaf team globally
• Expanding the capabilities of the Cloudleaf Digital Visibility Platform to meet the massive data challenges resulting from billions of sensors being deployed, contextual data sources and enterprise data
• Developing advanced analytics and AI/ML algorithms within the Cloudleaf platform for predictive intelligence and new applications, and
• Operationalizing the platform for large global customers.

“We have a big vision for the role our platform will play in solving today’s supply chain issues and in creating a blueprint for the future,” explains Mahesh Veerina, CEO at Cloudleaf. “Alok’s rich background and expertise will be an integral step in driving that vision forward, and we’re thrilled to welcome him to our team during what we expect will be yet another year of exponential growth.”

About Cloudleaf

Cloudleaf powers next generation digital supply chains with insights from product-level ground truth and real-time decision-making. Our SaaS platform leverages hyper-scale cloud, digital twin, AI/ML and IoT technologies to deliver continuous visibility and intelligence. We enable business leaders to make the right decisions in real time to increase revenues, avoid disruptions, deliver better business outcomes, improve customer satisfaction and increase sustainability. For more information, visit: parkoursc.wpengine.com

Cloudleaf Media Contact Meghan Witthaus Senior Account Executive 10Fold Email: cloudleaf@10fold.com Web: Cloudleaf.com