Tekion, the developer of the first cloud-native platform for the automotive retail ecosystem, has announced the appointment of Binu Mathew as its new Chief Technology Officer (CTO). Mathew brings three decades of extensive experience in software product development and strategy to his new role.
Binu Mathew expressed his enthusiasm about joining Tekion, stating, “I am already impressed by the depth and breadth of Tekion’s platform and the value it is delivering to the automotive industry. I’m excited to join the team and look forward to helping scale the technology capabilities further at a time when both industry tailwinds and company growth are accelerating.”
Jay Vijayan, CEO of Tekion, highlighted the strategic significance of Mathew’s appointment: “We have a tremendous opportunity to meet the automotive industry’s demand for reliable generative AI. Tekion is leading the way in fulfilling this need. Binu’s experience and leadership will be instrumental in scaling our technology platform and expanding our AI capabilities.”
As CTO, Mathew will head Tekion’s technology strategy, focusing on product development and delivery. His responsibilities include integrating AI, data science, and digital innovations to enhance the Tekion platform’s capabilities and value for customers. He will oversee the engineering, product management, and design teams, fostering a culture of innovation and excellence.
Mathew’s role will also involve scaling Tekion’s product and technology infrastructure to support rapid growth, enhancing system security and reliability, and promoting cross-functional collaboration to accelerate product development cycles. By aligning technological advancements with Tekion’s business goals, Mathew will be pivotal in driving the company’s ongoing success and market expansion.
“Generative AI is opening immense possibilities for businesses, and it has the potential to revolutionize the entire customer experience for dealers,” Mathew remarked. “I am thrilled to help scale Tekion’s technology capabilities further during this period of significant industry and company growth.”
Before joining Tekion, Mathew served as Senior Vice President of Products and Engineering at C3 AI, where he also held the roles of CTO and General Manager for the Oil & Gas, Energy, and Process Manufacturing sectors. His impressive career includes senior executive positions at Baker Hughes, where he developed next-generation digital products for the energy sector, and Oracle, where he managed a billion-dollar product portfolio as Senior Vice President of Development for PeopleSoft. Mathew’s background also includes leadership roles at Hewlett Packard Enterprise and Citicorp Overseas Software Ltd.
Tekion is renowned for disrupting an industry that had seen little innovation for over 50 years. The company’s groundbreaking Automotive Retail Cloud (ARC), Automotive Enterprise Cloud (AEC), and Automotive Partner Cloud (APC) seamlessly integrate OEMs, retailers, and consumers through a single, unified platform. Leveraging cutting-edge technology, big data, machine learning, and AI, Tekion is revolutionizing the automotive retail experience with its highly configurable integration and enhanced customer engagement capabilities.
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