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READYWORKS SECURES $8M IN SERIES A FUNDING LED BY CREDIT SUISSE ASSET
MANAGEMENT'S NEXT INVESTORS
Company Accelerates Growth of its Digital Platform Conductor (DPC) Technology,
Enabling Businesses to Transform IT Operations, Reduce Risk
--------------------------------------------------------------------------------
News provided by
ReadyWorks
Jan 06, 2022, 09:00 ET
SHARE THIS ARTICLE
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NEW YORK, Jan. 6, 2022 /PRNewswire/ -- ReadyWorks, a digital platform conductor
(DPC) that leverages AI and intelligent automation to reduce the risk and costs
of IT infrastructure transformation, announced today that it has closed $8
million in Series A financing led by Credit Suisse Asset Management's NEXT
Investors.
With this investment, ReadyWorks will expand its technology platform to help
enterprises accelerate their digital transformation efforts in response to
pandemic-driven disruptions that continue to create global workforce challenges
amid increasingly distributed operations. A pioneer in the DPC space, ReadyWorks
will accelerate its go-to-market strategy to enable businesses to drive IT
infrastructure transformation while managing risk and maintaining business
continuity.
"Enterprise IT environments have become increasingly complex as businesses have
realized that legacy systems are not capable of helping them get to where they
need to be," said Andrew Sweeney, Co-Founder of ReadyWorks. "The tools and
manual processes that businesses often use introduce risk, increase costs, and
delay the execution of critical transformation programs. We are focused on
leveraging AI and intelligent automation to help businesses redefine how IT
transformation programs are managed so that they can accelerate adoption of
technology innovations without breaking access to critical business systems."
The ReadyWorks platform was created by a team of engineers and project managers
that have been delivering IT transformation programs to enterprises for the last
20 years. The company's DPC technology was born in the IT trenches, where siloed
systems and manual processes are often the gating factors to innovation and
create security and data governance risks.
"We are excited to be working with the team at ReadyWorks," said Greg Grimaldi,
Co-Head and Portfolio Manager of NEXT Investors at Credit Suisse Asset
Management. "ReadyWorks takes a differentiated approach towards digital
transformation efforts, which is a critical issue facing enterprises today."
About ReadyWorks
ReadyWorks is a digital platform conductor (DPC), an emerging technology that
leverages AI and intelligent automation to reduce the risk and cost of IT
infrastructure transformation. ReadyWorks fully orchestrates complex IT
infrastructure transformation programs and provides companies with a way to
ensure business continuity as these programs are carried out. Unlike legacy
infrastructure management tools, which create data silos and introduce risk into
IT programs, ReadyWorks serves as a central command and control platform to
orchestrate these tools to deliver transformational business outcomes. The
platform analyzes information about the entire IT estate – endpoints, users,
applications, and all their interdependencies – defines the rules for change,
and uses AI, machine learning, and intelligent automation to implement those
changes. ReadyWorks provides IT teams with a holistic view of the environment,
how future changes will impact that environment, and how and when those changes
should be made so that users and business operations are not adversely impacted.
For more information, visit www.ReadyWorks.com
About Credit Suisse
Credit Suisse is one of the world's leading financial services providers. Our
strategy builds on Credit Suisse's core strengths: its position as a leading
wealth manager, its specialist investment banking capabilities and its strong
presence in our home market of Switzerland. We seek to follow a balanced
approach to wealth management, aiming to capitalize on both the large pool of
wealth within mature markets as well as the significant growth in wealth in Asia
Pacific and other emerging markets, while also serving key developed markets
with an emphasis on Switzerland. Credit Suisse employs approximately 49,950
people. The registered shares (CSGN) of Credit Suisse Group AG, are listed in
Switzerland and, in the form of American Depositary Shares (CS), in New York.
Further information about Credit Suisse can be found at www.credit-suisse.com.
Contact
Lumina Communications for ReadyWorks
Ryan Chin / Michael Gallo
ReadyWorks@luminapr.com
SOURCE ReadyWorks
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