Sumir Karayi founded 1E in 1997 with the goal to drive down the cost of IT for organizations of all sizes by identifying and eliminating IT waste. Sumir pioneered PC power management and leads 1E’s focus on enabling enterprises to Run IT For Less and has established a market-leading role for his company. He has driven 1E innovations to achieve $2.5bn in IT cost savings for its customers, $1.3bn of which come from energy efficiencies alone, cutting CO2 emissions by 11.5 million tons.
Under Sumir’s leadership, 1E became a successful global organization which has seen considerable acclaim in the industry. 1E ranks in the Sunday Times International Track 100 league table of top private companies and has been heralded as one of the top 20 companies for CIOs to watch by CIO magazine.
In 2021, post Carlyle Group acquisition, Sumir handed the CEO reins over to Mark Banfield. Sumir remains an active leader within the company helping accelerate the next phase of growth.
Sumir is a passionate believer in philanthropy and charitable giving. He supports many initiatives including the Manav Mandir Ashram Orphanage and the Innocent World Charitable Society in India. Sumir is a founder member of the Alliance to Save Energy and supporter of the Climate Savers Computing Initiative. 1E in turn is an active, contributing member of the Green Grid as well as a member of the Green IT Council Advisory Board.
Sumir gained a BEng in Electronic Engineering and MSc in IT from Warwick University.