Peter Solvik

Who is Peter Solvik?

With over 20 years experience on leadership teams of successful,

high-growth information technology companies, Peter applies his

background and perspective to helping entrepreneurs form and build

successful businesses. He joined Sigma in 2002 and brings his deep

understanding of the evaluation and implementation of leading edge

information technology. Pete invests across the entire spectrum of

information technology products and services.

Background

Prior

to joining Sigma, Peter had a very successful 10-year career at Cisco

Systems. His contributions as Senior Vice President CIO, and

founder general manager of the Internet Business Solutions Group

helped make Cisco one of the most successful companies of our time.

During his tenure from 1992-2002, Cisco achieved wide recognition for

early and aggressive use of the Internet, e-commerce and information

technology, including being a very early customer of supply chain and

e-commerce industry leaders like Ariba, Siebel and webMethods. During

Peter’s time at Cisco the company experienced explosive success,

growing from $300 million to well over $20 billion in annual sales run

rate. Prior to Cisco, Peter spent 11 years at Apple Computer. He held a

number of senior IT management roles supporting the rapid growth and

global expansion of the firm and oversaw the Apple Online Services

Group.

Peter was named to the CIO 100 4 times by CIO Magazine; selected as

one of "The 25 Most Powerful Executives in Networking" by Network

World; and featured in four Harvard Business School case studies on the

successful use of information technology in the enterprise. He has

often been quoted in articles on IT and eBusiness in Fortune, the Wall

Street Journal, Business Week, the Economist, the New York Times,

Information Week, CIO Magazine and many other publications and books.

Peter has been a keynote speaker at over 50 industry conferences on

information technology and eBusiness.

CIO Insight Magazine, November 5, 2005“Ex-CIO Spends Venture Capital on More Than Just Tech”

Milestone Group, January 2006“Investment Viewpoint”

Education

B.S. in Business Administration, University of Illinois, Urbana-Champaign.