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Numerify Unveils Comprehensive IT Business Analytics Suite of Cloud-Based Applications

20 Apr, 2015

CUPERTINO, CA and LAS VEGAS, NV - April 20, 2015Numerify, a cloud-based analytics company focused on IT business analytics, today announced the release of several new products to expand its offerings. In addition to extending service management capabilities, Numerify now provides IT finance, asset and project analytics applications, which offers IT leaders an unprecedented 360-degree view into their operational and financial performance. Numerify unveiled the news at the Las Vegas ServiceNow® Knowledge15® conference, the largest gathering of service management professionals using enterprise cloud services to change the way people work.

"IT service management (ITSM) is undergoing a transformation, driven by IT's increasing requirements to deliver a more compelling front-office presence. Numerify's cloud analytics suite is one of the most versatile solutions that I've seen that helps empower this IT transformation," said Dennis Drogseth, vice president at Enterprise Management Associates. "It helps IT executives understand the broad dynamics and interdependencies of their business — including services, assets, projects and finances — in one holistic view."

"We have a big need for asset analytics given the 25,000 assets that we deploy and support in this age of BYOD and custom configurations," said Opinder Bawa, vice president of technology and chief information officer at University of San Francisco. "Having a clear view of asset provisioning, utilization and reliability is critical to making the most efficient use of those investments. With analytics, we will have a better handle on asset performance and enhance our return by understanding where the cost-benefit lies between replacement age and supporting aging assets."

With the suite of analytics capabilities, IT leaders can get visibility into the organization and easily generate automated reports, make business-critical decisions based on data and measure IT performance to drive continuous improvements and support training needs. Highlights of the new features include:

  • Financial analytics to optimize spending: The application loads data from ServiceNow's IT business management cost allocation models and delivers analytics across multiple business segments and IT chart of accounts dimensions. As a result, customers can automate financial reporting; identify spending trends and composition; and provide visibility into IT spend to business users.
  • Asset analytics to predict demand: The IT asset application enables managers to anticipate demand and regulate the lifecycle of assets by analyzing new product requests and assess product performance. With asset analytics, leaders can easily identify the optimal way to deliver the best value for the business.
  • Project analytics to track resources: The application empowers IT teams to track resources and tasks and manage the lifecycle of projects. With project analytics, project managers can manage deliverables and resource utilization, ensuring limited IT resources provide maximum value.

"Given that IT has long been building analytics tools for other business leaders, it's ironic that the department lacks its own solution that provides a holistic view of the organization," said Gaurav Rewari, co-founder and CEO of Numerify. "Business analytics for IT is often done with little more than spreadsheets and basic operational tools because until now enterprises have had no option but to embark on expensive time-consuming BI and data warehousing projects. Now enterprises can get the full power of a far-reaching IT business analytics solution delivered as a service."

The announcement comes on the heels of Numerify's record growth and key product updates launched earlier this year validating Numerify's leadership in the market, including the addition of vertical-specific solutions, location analytics, change management and request flow analysis.

To connect with Numerify at Knowledge15, schedule an appointment at www.numerify.com/knowledge or visit booth #537 for in-depth demos of Numerify and a grand prize drawing for an Apple Watch.

About Numerify
Numerify is a provider of IT business analytics applications to leading organizations who have embraced cloud for IT services, assets, projects and finance. The company's pre-built analytic solutions integrate data across IT sources as well as call center, HR, and finance systems. Numerify's cloud applications rapidly deliver precise insights that help IT organizations lower costs, increase delivery speed and dramatically improve service levels. Headquartered in Cupertino, Calif., Numerify's investors include Lightspeed Venture Partners and Sequoia Capital. For more information, visit www.numerify.com or follow @numerify.

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