The Next Chapter in the Numerify Journey
As many of you may have seen, we just announced that we've been acquired by Digital.ai, creator of the industry's first intelligent Value Stream Platform. Backed by TPG Capital, the acquisition brings our AI-powered business analytics engine and solutions to the Digital.ai Value Stream Platform, making it the most complete Value Stream Management (VSM) solution available today.
Numerify's AI-powered analytics capabilities will serve as the central nervous system for the Digital.ai Value Stream Platform. Our analytics engine will correlate data from the Digital.ai platform components, as well as all other third-party tools used throughout customers' value stream(s), creating a unified data model and boosting Digital.ai's machine learning capabilities. This unified data model will provide stakeholders from C-level executives to IT Operations and DevOps leaders with deep AI-driven insights across all "Dev" and "Ops" disciplines.
We are very excited to embark on this next phase of our journey. Today's IT leaders are under intense pressure to not only drive innovation and reduce costs but also improve customer and employee experiences while reducing risk and disruptions. Providing broad and deep intelligence across the entire value stream with predictive and prescriptive analytics powered by AI is key to making this vision a reality.
This is an important milestone for Numerify. When we embarked on our journey more than seven years ago, we had the vision of empowering organizations to win through IT Business Analytics. The global scale of Digital.ai, with its more than 1,500 customers, global reach, and numerous recognitions from industry analysts, will help us further our original vision. This acquisition provides us the resources and the reach to get there, and we could not be more excited about the future.
I want to thank our customers, partners, investors, and employees for their unwavering support over the years and look forward to embarking on this next stage of our journey with all of you.