CTO - Star-Trac

Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In recent years, Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000 and amongst the top 10 fastest-growing companies by the Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.

Role: CTO (Chief Technology Officer) 

Company: Banyan Portfolio Company

Location: Munich

About Star / Trac

As a specialized provider of Supply Chain Event Management solutions, star/trac is a technologically and conceptually leading partner for real-time process monitoring and control of supply chains.

Together with our customers, holistic solutions for optimal customer processes are developed, combining existing systems with new software and hardware to deliver pragmatic customer value. Based on the intelligrator software suite developed specifically for this purpose, star/trac delivers these solutions turnkey — including all modules and components from technology partners, such as RFID providers. Innovative technology is used purposefully as a lever, never as an end in itself.

More than 10 years of specialized know-how in processes and technology, more than 50 renowned industrial users, and over 2 billion tracking points stand behind our solutions, which we deliver responsibly from initial consultation with benefit analysis through to outsourced operation with defined service levels.

Job Description: 

The Chief Technology Officer (CTO) is key member of the executive team charged with driving product direction, market success and is responsible for aligning company-wide vision, business goals with technology and market demands. Reporting directly to the CEO, the CTO is tasked with creating a product strategy, roadmap planning and driving product development while leading IT and digital transformation within the organization. The CTO will be instrumental in aligning technology initiatives with business and strategic goals, fostering innovation, and preparing the company for future growth and market leadership.

The CTO will be the key executive, responsible for setting the technological direction, driving product innovation, and ensuring successful cross-functional collaboration with the parent company. This role requires a visionary leader with deep technical expertise, strong business acumen, and the ability to navigate the complexities of working within a larger corporate structure. The CTO will lead software development, Quality Assurance, Implementation consulting and Cloud-delivery and thus play a crucial role in expanding the product offerings and taking the business to new heights.

Key Responsibilities

Develop a vision
Working with executive management, clients and product team, the CTO will develop, share, update, and align their vision of the product with the CEO and senior management team by creating a product vision statement that acts as a guide for the whole company and the product development team in particular:
● Develop and implement a forward-thinking technology strategy that aligns with the business objectives and supports the broader goals of the parent company.
● Identify and integrate emerging technologies to enhance the company’s automation solutions and maintain a competitive edge in the market.
● Lead the exploration and development of new product features and innovations that meet customer demands and drive business growth.

Provide strategy and leadership
The Chief Technology Officer (CTO) will oversee product delivery by creating processes, roadmaps, and strategies to turn the company vision and business objectives into reality. As part of this process, the CTO will:
● Create and execute a product, architecture and engineering roadmap
● Assess opportunities, risks, and drive decisions to best ensure the company’s competitive advantage.
● Communicate our product and technology strategy to clients, partners and stakeholders.
● Make the business case for any new product, major enhancement and or technology
initiatives.

Team development and processes

- Coach and develop our talented Product and IT teams working closely with the R&D leadership team.
● Short and long term team design and resource planning to meet goals.
● Attract and hire great talent - employees, freelancers and subject domain experts as advisers.
● Nurture and grow our culture of curious problem solving, testing and shared learning.
● Ensure clear and constantly improving delivery and quality assurance processes.
● Set, monitor and meet KPIs

Product, Architecture and Engineering
● Ownership of the specification, architecture, and implementation of the company's R&D on-going initiatives building a state of the art SaaS solution
● Evaluate and implement new tools and infrastructure.
● Ensure cross-functional collaboration across teams to ensure timely and successful delivery of high-quality products on time and within cost structure to the business’ financial targets.
● Evaluate and implement new tools and infrastructure.
● Optimize performance and security.
● Staying on top of relevant tech trends, tools and resources

Market Research, analysis and insight
● Conduct market research to identify trends, customer needs, and competitive landscape.
● Conduct in-depth market analysis to identify potential market segments and customer needs.
● Gather and analyze customer insights to inform product development.
● Develop strategies to maintain a competitive edge in the market.

Required Skills and Experience:

High Profile experience in Tech-Services and SaaS environments
● Significant experience in software product management, technology leadership or a similar role within the technology sector

- Proven experience of interpreting customer needs and market trends and developing and executing successful product strategies and roadmaps accordingly
●  Ability to lead and motivate teams across a variety of functional roles.
● Extensive experience in IT leadership, including infrastructure management and
cybersecurity.
● Exceptional communication and interpersonal skills, with the ability to influence and
collaborate effectively at all levels.
● Strong strategic thinking and problem-solving skills, with the ability to translate business goals into actionable technology strategies.

Please submit your application using an English version of your CV.

Diversity, Equity, Inclusion & Equal Employment Opportunity at Banyan: Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. As a collective, our goal is to impact lasting change through our actions. Together, we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.

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