Dr. Wafik Farag is a
visionary business and information strategist.
Currently at SkyPrise, Inc., Dr. Farag’s consulting capacity integrates multi-discipline technologies for clients to smartly capitalize on the “business of information” converting it into competitive business growth. He has served during his career marquis clients such as Mercedes Benz AG, Pemex, Lockheed Martin, NASA – CIESIN, Swiss, Wisconsin Power & Light, CVS, British American Tobacco (BAT), Cisco,
David. H Murdock Research Institute (DHMRI), and Bell South.
As a business executive, he provides leadership consulting to Fortune 100, mid-cap, and startup companies, both domestic and international. Dr. Farag is the inventor of a game-changing paradigm: “Dynamic Information” enabling novel business strategy to deliver real world value for companies in flux. His US patent on dynamic information paradigm empowers fortune 500 customers to craft fresh solutions, creating value in areas such as Big data, cyber security, healthcare, mobile computing, energy and water resources, smart cities, oil & gas exploration, financial instruments, machine 2 machine (M2M), Internet of Things (IoT), travel, mobile technology, the digital enterprise, and sustaining change in supply management.
Dr. Farag was a co-founder of Justa Inc., an information infrastructure company, gained several clients in the health care and financial industries, later on it was acquired by Wallaware Inc. Dr. Farag was also formerly a Director at Perot Systems where he advised global Fortune 100 companies on strategies for process optimization to improve productivity, during which time PerotSystems (Dell) went public. Prior to PerotSystems, Dr. Farag lead into production, several successful multi-million dollar information integration projects when he joined International Integration Inc (iCube) as a start-up, grew and went public, later acquired by Razorfish Inc,.
He also served as an advisor to several venture capital firms, such as Warburg Pincus, conducting investment due diligence, mergers and acquisitions, evaluating technologies and developing winning business models. Similarly, he mentors technology startups as an advisor for IBM Global SmartCamp, MIT enterprise forum (MITEF), and The Massachusetts Technology Transfer Center (MTTC). He holds a US patent in managing dynamic contextual-information to deliver next generation solutions. Wafik is frequently called upon by government organizations as a domain expert. As part of a leadership circle for a US presidential initiative "Global Innovation in Science and Technology" (GIST) he advises on acceleration and commercialization of start-ups; he also reviews grants for the National Science Foundation (NSF). Dr. Farag received both his MS and PhD in Computer Science and Engineering from the University of Michigan.