Hi, I’m
Srikanth
Srikanth Akkiraju uses technology to reinvent the world — not the wheel.
HEAD OF SOLUTIONS & SOFTWARE IT PLATFORM
PHILIPS
Hi, I’m
Srikanth
Srikanth Akkiraju uses technology to reinvent the world — not the wheel.
Head of Solutions &
Software IT Platform
Software IT Platform
PHILIPS
Evolving to stay relevant
Once known for light bulbs and televisions, Philips has strategically evolved into a healthcare technology company over the last decade — and Srikanth Akkiraju has been at the technological heart of that transformation. Akkiraju leads finance teams on three continents, drawing on his passion for team sports to inform his approach to collaboration and uniting people across cultures to work toward a common goal. He’s inspired by the challenge of continually reinventing his teams to remain relevant in the modern business world, and he’s driven by finding ways to use technology to make a difference.
“The work we are doing at Philips to implement software-oriented business models is critical for our transition, but also for making healthcare accessible to people across the world. Philips is in a prime spot to make that transition happen, and it inspires me to be part of a transformation effort.”
Evolving to stay relevant
Once known for light bulbs and televisions, Philips has strategically evolved into a healthcare technology company over the last decade — and Srikanth Akkiraju has been at the technological heart of that transformation. Akkiraju leads finance teams on three continents, drawing on his passion for team sports to inform his approach to collaboration and uniting people across cultures to work toward a common goal. He’s inspired by the challenge of continually reinventing his teams to remain relevant in the modern business world, and he’s driven by finding ways to use technology to make a difference.
“The work we are doing at Philips to implement software-oriented business models is critical for our transition, but also for making healthcare accessible to people across the world. Philips is in a prime spot to make that transition happen, and it inspires me to be part of a transformation effort.”
Reinventing the System
“Being an accelerator means bringing change not just to one function, but to the whole organization — and eventually the ecosystem. Healthcare is one area where technology can bring a huge change because there isn’t a well-thought-out path yet in the industry, and I’m part of that story.”
Reinventing the System
“Being an accelerator means bringing change not just to one function, but to the whole organization — and eventually the ecosystem. Healthcare is one area where technology can bring a huge change because there isn’t a well-thought-out path yet in the industry, and I’m part of that story.”
Fast time to first impact
Transitioning from one-time payments to subscription-based models allows Philips to play to its strengths by managing technology for customers — including hospitals — so they can play to their strengths by providing healthcare. Success for Akkiraju means fast time to first impact for both customers and internal stakeholders, and Zuora helps his team deliver by automating thousands of hours of manual work previously spent on CPQ, billing, revenue recognition, and invoicing. Tasks that used to take months now take weeks or even days, giving Akkiraju and his team more time to fuel growth and focus on more impactful projects.
“We did not have the ability to offer as-a-service subscription or long-term relationship-based pricing models with our customers before,” Akkiraju says. “Zuora has allowed us to bring in those models so we can provide the best experience for our customers and our team.”
Fast time to first impact
Transitioning from one-time payments to subscription-based models allows Philips to play to its strengths by managing technology for customers — including hospitals — so they can play to their strengths by providing healthcare. Success for Akkiraju means fast time to first impact for both customers and internal stakeholders, and Zuora helps his team deliver by automating thousands of hours of manual work previously spent on CPQ, billing, revenue recognition, and invoicing. Tasks that used to take months now take weeks or even days, giving Akkiraju and his team more time to fuel growth and focus on more impactful projects.
“We did not have the ability to offer as-a-service subscription or long-term relationship-based pricing models with our customers before,” Akkiraju says. “Zuora has allowed us to bring in those models so we can provide the best experience for our customers and our team.”
Meet the faces of modern business
Unlock the power of direct, digital customer relationships.
Behind every brand doing modern business is a leader who is bold enough to redefine the relationship between the company and their customers. This kind of innovation requires courage, insight, and collaboration. It also requires flexibility and speed — because timing is everything. To make it work, you need the right business model, the right technology and the right organizational structure.
Modern business leaders who can successfully bring these to fruition become Accelerators, setting the pace for innovation and growth within their industry.
And that’s where Zuora comes in.
Unlock the power of direct, digital customer relationships.
Behind every brand doing modern business is a leader who is bold enough to redefine the relationship between the company and their customers. This kind of innovation requires courage, insight, and collaboration. It also requires flexibility and speed — because timing is everything. To make it work, you need the right business model, the right technology and the right organizational structure.
Modern business leaders who can successfully bring these to fruition become Accelerators, setting the pace for innovation and growth within their industry.
And that’s where Zuora comes in.
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