Coriant is a name the majority of the general public are largely unaware of, but the chances are many of us are receiving Internet, voice and text services on networks supplied by the technology company. Coriant has only been in existence in its current form since 2013, but has a long tradition of performing well in the technology industry in its previous form as a department of the giant Siemens corporation. The Marlin Equity Partners investment company formed the Coriant company from the optical networking department of Siemens before buying a number of independent companies and absorbing them into the Coriant brand.
The company has expanded by a large amount since forming and now employs more than 3,000 people providing networking services for companies in more than 100 countries globally. One of the areas the company has been looking to improve is in its profitability, which prompted Marlin to approach respected technology executive Shaygan Kheradpir to conduct a thorough review of the company. This led to Kheradpir making a number of recommendations for the future of Coriant and the decision of Marlin Equity Partners to offer Kheradpir the position of CEO after Pat DiPietro returned to his previous role with Coriant.
Kheradpir is well known in the wider communications industry for the work he completed as an executive at Verizon, but his role has not always been limited to the development of new technologies. At Verizon Kheradpir staked his reputation on his ability to provide a saving on the costs of IT that had reached levels above industry standards; Kheradpir introduced a number of new initiatives that lowered IT costs to below the standard for the communications industry. After leaving Verizon the Cornell University graduate continued to gain valuable experience in becoming the first technology executive to sit on the board of the financial giant Barclay’s.
Coriant is looking for Kheradpir to use the skills he is known for in lowering costs and negotiating contracts for lowered expenditure for the companies he has worked for. The Coriant brand is looking to challenge the established giants of the communications industry and make inroads into their established customer base.