SOURCE: Profitect


March 01, 2011 14:05 ET

Profitect Names Amit Singh to Board of Advisors

Google Vice President Global Sales and Business Development

WALTHAM, MA--(Marketwire - March 1, 2011) - Profitect, a profit protection solution provider that delivers increased profits through the identification and reduction of value chain margin leakage, shrink, waste, margin erosion, operational damages, and process errors names Amit Singh, Vice President, Global Sales and Business Development for Google's Enterprise Business to Profitect's Board of Advisors.

Amit Singh leads Global Sales and Business Development for Google's Enterprise Business with responsibility for all Global Operations as Vice President, Global Sales and Business Development. He joined Google in 2010 after nearly 20 years at Oracle in different areas of the business, including product development, channel management, sales, strategy and acquisitions. In his most recent role, as Group Vice President, he led the Application Strategy Group, responsible for applications acquisitions, shared services and product strategy for North American Sales. He also ran sales and operations for some of the fastest growing acquisitions at Oracle including Demantra, G-Log, Agile, Logical Apps and Peoplesoft HR. Amit spent a decade in various sales positions managing Applications sales organizations in the Northeast and Midwest. He began his Oracle career in product development, designing and building some of the first Oracle Applications, before moving into channel management.

Amit is a graduate of Rensselaer with a master's degree in industrial and management engineering and a bachelor's degree in electrical engineering from the Delhi College of Engineering.

Profitect is delighted to add Amit Singh to Profitect's Board of Advisors. Amit Singh's experience in rapid growth technology companies is complimentary to Profitect which is bringing the next level of technology, a synergistic, enterprise-wide approach to retailing operations. Singh noted, "This is an area that has not yet benefited from the application of comprehensive, enterprise-wide technology and I look forward to helping make that contribution."

The Profitect Board of Advisors' commitment is to educate retailers on identifying new opportunities throughout the supply chain with a synergistic, enterprise-wide approach that is focused on protecting profit rather than just preventing losses.

"We are fortunate to add such a distinguished business and technology leader to our Board of Advisors. His wealth of experience in product development, channel management, sales, mergers and acquisitions, and strategy within the business technology industry is extremely complementary to our service offerings. This addition comes at an exciting time for Profitect as we continue to innovate and bring more synergy and value to our customers and partners," concludes Guy Yehiav, CEO of Profitect.

About Profitect
Profitect is a global provider of Profit Protection software solutions that deliver a rapid 5-8% profit increase by statistically identifying, analyzing and resolving profit leakage in key risk areas across the entire value chain. 

Profitect's proprietary Solution Bank and Rules Engine provide automated best-practice recommendations that identify and fix margin leakage throughout the value chain. The solution uses workflow and task management to ensure action is taken. Profitect can be deployed rapidly, through a modular and scalable approach.

The Profitect team of experts has more than 15 years of proven success increasing profits for globally recognized retailers such as, Marks and Spencer, Woolworths, Metro, Paz, and Blue Square.

You are missing Profit Opportunities. Profitect your Value Chain Today!
For more information visit or call 781-290-0009.

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