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Digital.ai acquired Numerify, an artificial intelligence (AI) analytics solutions firm, and Experitest, a continuous quality provider.
The acquisitions, which were backed by TPG Capital, bring AI-powered business analytics and secure, integrated continuous testing capabilities to the Digital.ai Value Stream Platform, making it a complete end-to-end value stream management (VSM) solution.
“The COVID-19 pandemic has amplified the importance of strong digital operations. As a result, global enterprises across industries are accelerating their digital transformation initiatives. The additions of Numerify and Experitest to Digital.ai enhance our ability to help these organizations rapidly increase agility and meet ever-changing customer and market demand without sacrificing quality or security,” said Ashok Reddy, CEO of Digital.ai. “We welcome the Numerify and Experitest teams to the Digital.ai family and look forward to working together to help our customers create high-value digital experiences their customers trust.”
Numerify’s AI-powered analytics engine will serve as the central nervous system for the Digital.ai Value Stream Platform. Advancing Digital.ai’s machine learning capabilities, the analytics engine will correlate data from the Digital.ai platform and other third-party tools used throughout customers’ value streams to create a unified data model. This unified data model will equip stakeholders from C-level executives to DevOps managers with deep AI-driven insights across all DevOps disciplines, providing the visibility they need to inform tactical and strategic decision making.
Customer-facing mobile, web, and desktop experiences are critically important pillars of the customer journey. Experitest enhances the Digital.ai Value Stream Platform with secure, integrated quality capabilities that reduce risk, enabling enterprises to provide their customers satisfying, error-free experiences across all devices and browsers. Experitest’s continuous quality solutions seamlessly integrate with best-in-class tools throughout the DevOps pipeline to allow enterprises to rapidly deliver highly protected, quality applications at-speed and at-scale.
Shea & Company and KeyBanc served as financial advisors to Digital.ai on the acquisition of Experitest, and Ropes & Gray LLP served as legal counsel on both the Numerify and Experitest acquisitions. Financial terms of the transactions were not disclosed.
“Numerify’s analytics solutions are customer-focused, platform-driven, and designed to be up and running quickly,” said Gaurav Rewari, CEO of Numerify. “We look forward to combining our technology with the Digital.ai Value Stream Platform to help customers rapidly identify and address pain points in development and business value streams and improve business outcomes.”
“Our continuous quality solutions are the perfect complement to Digital.ai’s Agile planning, app security, and continuous release capabilities,” said Tal Barmeir, CEO of Experitest. “When embedded into the development value stream, Experitest quickly determines root causes of quality issues, enabling enterprises to streamline IT processes while improving quality and business performance.”
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