Tarak Ray

Tarak Ray

Chief Information Officer at Cadence Design Systems

Cadence

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Experience30+ Years
LevelCXO

Executive Overview

A seasoned IT leader with a proven track record of deep technical knowledge, great business understanding, insight into emerging and rapidly changing technology land space including Cloud, AI/ML, and product development. I bring more than 25 years of experience with capabilities in aligning business strategies and IT by building cross-functional teams, architecting innovative solutions. I offer strong technical and communication skills to build consensus among stakeholders in support of major initiatives, and critical issue resolution. My deep background in software development and technologies helps develop products from IT using the cloud, AI/ML, etc. I lead a 275-person global IT team and manage the IT budget. I am responsible for all areas of enterprise IT including enterprise applications, global infrastructure, private and cloud data centers, network, compute, and storage, field operations comprised of 55 global locations, workforce collaboration, IT ServiceDesk and Cadence’s Cloud services – both internal and external/commercial cloud. Cadence's Cloud solutions (SaaS offerings), CloudBurst & Cadence Hosted Design Services (C-HDS) are developed and managed by my team as well. Successfully implemented many large scale application projects using technologies like Salesforce Community, SAP Finance, Workday to name a few. Built best in class Customer support Portal, eDAonTap, only eCommerce app in the EDA industry, led the effort of complete implementation of SFDC Sales and Service Cloud in Cadence. My team implemented a multi-year application consolidation program through which we consolidated 155 applications to 95. This provided better uptime, reduced operating cost. We also implemented the cloud-first strategy and moved the majority of enterprise applications to the cloud (e.g., Salesforce.com Workday, Globoforce, etc.) I led the effort of building the CloudBurst, a SaaS offering from Cadence. It provides our customers with an end2end full-flow design environment installed with required EDA tools with unlimited compute and storage in the public cloud in a matter of days. The CloudBurst software is commercially available as a part of the cloud portfolio of Cadence. I am very familiar with budget management (Capital and Operating expenses) and work with the corporate finance team.

Career Timeline

Professional employment history
  • CadenceCurrent
    Jun 2007–Present· 19 yrs 3 mos
    • Senior Vice President and Chief Information OfficerCurrent
      Mar 2025–Present
    • Chief Information Officer & Corporate VP
      Apr 2022–Apr 2025
    • Corporate VP
      Sep 2020–Mar 2022
    • Vice President, IT & Cloud
      Jun 2017–Sep 2020
    • Sr. Group Director Information Technology
      Dec 2014–May 2017
    • Group Director Information Technology
      Jul 2012–Nov 2014
    • Director
      Jun 2007–Jun 2012
  • 1996–Dec 1998· 2 yrs 11 mos
    • Senior Manager, Information Technology
      1996–Dec 1998

Education

Advanced Project Management

PM

Stanford University

Master of Business Administration (M.B.A.)

Saint Mary's College of California

Bachelor of Engineering (BE)

EE

Indian Institute of Engineering Science and Technology (IIEST), Shibpur

Executive Relationship Map

Reports To
Tarak Ray
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

Executive Network Preview

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Skills & Expertise

20 of 20 skills
Enterprise ArchitectureBusiness IntelligenceSoftware DevelopmentProduct ManagementProject ManagementAgile MethodologiesIT ManagementBusiness ProcessLeadershipApplication ManagementE-commerceSDLCPMPBusiness AnalysisSoftware Project ManagementProgram ManagementCloud ComputingSolution ArchitectureIT Risk ManagementIT Strategy