Numerify Unveils New Product Release and Celebrates Record Growth and Expansion in 2014

CUPERTINO, Calif., Feb. 11, 2015 /PRNewswire/ -- Numerify, a cloud-based analytics company focused on IT business analytics, today announced significant growth highlighting the company's performance since it launched from stealth in April 2014. Numerify has rapidly grown its ServiceNow customer base and recorded triple digit quarterly revenue growth in 2014. Driven by new customer acquisition, the company's Analytics applications currently serve business queries across 4 million incidents and more than 3.7 million configuration items. To support the company's growth, Numerify has doubled its employee headcount across the U.S. and in India, bringing the total number of employees to over 100.

Numerify also unveiled important product enhancements to Numerify360 for IT, adding new features to Numerify's industry-leading solution that help IT managers gain key understanding of their IT operations and make smarter decisions.

Numerify is Helping CIOs Run IT Like a Business
To optimize spending, IT leaders are increasingly running IT like a business, and a comprehensive view of IT analytics can help drive process improvements and improve accountability across the organization.

"The Rambus IT strategy is created simultaneously with our corporate strategy, which follows the same spirit of our company's mission, providing solutions and technologies to our customers that allow collaboration, invention, and product delivery," said Mark Grimse, VP of IT at Rambus. "We selected Numerify's cloud-based business intelligence solution for ServiceNow to allow our key IT stakeholders access to understandable and actionable dashboards. Numerify will also provide ad-hoc analysis to IT service owners to identify service improvements that ultimately improve our service delivery."

Numerify announced significant product updates as part of the version 2.0 release. Highlights include:

• Solutions for retail, higher education and managed service providers (MSPs): Retailers will benefit from workforce time-tracking and store-based analysis, higher education institutions will be better equipped to make staffing decisions by incorporating student enrollment data with IT services data, and MSPs will benefit from domain separation to ensure that data from multiple clients can be separated and analyzed within ach domain.
• Change management: Business success is intricately tied to how rapidly and reliably IT can update and continuously optimize their infrastructure and operations; however, up to 80 percent of IT service incidents are a result of these changes to IT operations. Change analytics provides IT managers with the metrics and details they need to analyze changes, hone in on success factors, and pinpoint causes of change rollbacks and failures.
• Location analytics: For companies with multiple locations, it's especially important for them to pinpoint trouble areas quickly to resolve them proactively before they damage the business. Numerify's location analytics provides an interactive, geographic view into technology issues across corporate locations, enabling IT services to more accurately match demand and better allocate resources to avoid lost revenues from delayed resolutions.
• Incident and request flow analysis: The ability to track the steps leading up to a breach or service incident is crucial to understanding how to prevent it from recurring. Numerify uses sophisticated data integration techniques to store a detailed snapshot of every record as it happens, making it easy to track when breaks in the system occurred.
• Text analytics:  Numerify offers the first text analytics solution for IT service teams that goes beyond KPIs and digs deeper to pinpoint the root of the problem by analyzing text and description fields that are often not visible when sifting through only structured data.
• Native mobile iOS application: With the Numerify mobile app, IT leaders can analyze their service performance and stay connected while on-the-go. The app gives IT business users access to interactive and actionable dashboards to help them make informed business decisions while working remotely.

Numerify Also Adds Steve Erbst, Formerly of Egnyte and Cisco, to Lead Sales
In addition, Numerify has expanded its sales team with the appointment of Steve Erbst as vice president of worldwide field operations. Erbst brings decades of enterprise sales experience in high-performing companies to Numerify and previously led sales operations at Egnyte and Cisco. Erbst will lead the Numerify sales teams as they deliver impactful solutions to IT organizations to help them gain new insights into their IT business.

"We're proud to announce significant traction across all areas of the business since our launch from stealth less than a year ago," said Gaurav Rewari, founder and CEO of Numerify. "From the appointment of Steve Erbst to lead our worldwide sales efforts, to an expanded product offering and accelerating customer adoption, Numerify is well-positioned to continue on this fast-growth trajectory and gain greater market share in 2015."

About Numerify
Numerify provides cloud-based IT business analytics that help IT leaders gain valuable insight into their business operations. Numerify helps organizations lower costs, increase delivery speed, and dramatically improve service levels. Numerify is the #1 Certified Integration Partner for ServiceNow that provides pre-built enterprise analytics across data from IT services, call centers, human resources, and finance. Headquartered in Cupertino, Calif., Numerify's investors include Lightspeed Venture Partners and Sequoia Capital. For more information, visit www.numerify.com or follow @numerify.

Media Contact
Jordan Fellows for Numerify
Bateman Group
(415) 503-9501
[email protected]

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SOURCE Numerify

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