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Appointments Ragula Bhaskar ends term as
co-chair of the Review Committee of Utah States’ Boards and
Commissions
By Ela Dutt
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| Ragula Bhaskar
| For the last one-and-a-half months,
Ragula Bhaskar has been spending a considerable amount of time
reviewing boards in Utah rather than focusing on his successful
company, FatPipe Inc.
But it is the way he ran his company
that attracted Utah Governor-Elect Jon Huntsman to recruit him along
with others and to make him co-chair of Review Committee of Utah
States’ Boards and Commissions which is part of the Huntsman
Gubernatorial Transition Team.
Bhaskar and his wife Sachaita
invented the router clustering devices that enable reliable,
redundant and fast Internet/Wide Area Network (WANs) connections.
That was back in 1997, and since then they have built their
Utah-based company into a formidable force to reckon with and one
that has posted its third quarter of positive revenues.
As he
wraps up his work as co-chair, Bhaskar told News India-Times, it has
been quite an experience looking at statewide issues. His main
responsibilities included evaluating the value, relevance and
contribution of the state’s 400 boards and commissions. He focused
on each groups’ talent base, budgets and history, documenting his
findings in a final report that he will submit on Jan.
3.
“We’ve been looking at these boards to see how they can be
made more effective, where there could be cost savings, and at their
different functions,” he said. The team will put together its action
plan for the governor.
“It’s not like anything I have done
before,” Bhaskar admitted, “This was more encompassing than doing a
technical report. There were multiple agendas, a lot of department
heads to meet. It’s much more wideranging and more social and
economic.”
Despite this appointment and the experience,
Bhaskar says he will not consider taking up any administrative
position in government.
“It is an honor to be asked by
Governor Huntsman to participate in government processes in this
manner, allowing me to give back to my community in a meaningful way
while still maintaining and growing FatPipe Networks,” he noted.
Bhaskar is also on the Industrial Advisory Board of the University
of Utah’s College of Engineering.
Since 1994, when he started
his own consulting company, which he later named FatPipe, Bhaskar’s
company has received some $13 million in venture capital funding in
addition to his own monies and that from friends and
believers.
One article on the online journal Connect notes
that FatPipe’s “unique” trait was the frugality with which Bhaskar
operated.
“For me personally,” says Bhaskar, “if I take
money from you, I have more than just a legal obligation, but also a
personal obligation to spend that money even more wisely than I
would spend my own money. It’s a personal philosophy.” So no lavish
offices, and no five-star hotels while traveling, and the company
operates on what Bhaskar terms a “zero” budget.
“The bad
thing about giving people a budget,” he says, “is that they feel the
allocated money must be spent. At FatPipe, everything must be
justified. When you ask me for money, you have to tell me what you
will get out of it. We try to be very careful about spending money.
If you look at our staff, we don’t have too many vice presidents or
bloated departments. When we travel, we stay at Holiday Inn
Express.”
That may be why the governor-elect made him
co-chair.
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