Digital.ai announced the appointment of Stephen Elop as CEO, effective immediately.
Elop succeeds Ashok Reddy, who has decided to step down as CEO of the company to pursue other interests. Going forward, Reddy will serve as a special advisor to the Board of Digital.ai.
With more than 20 years of experience spanning enterprise software and smart devices, Elop brings to the CEO role the right combination of leadership expertise, product knowledge, and industry foresight to help Digital.ai deliver on its vision. Over the course of his career, he has held executive roles at large and leading technology companies including Microsoft, Nokia, Telstra, Juniper Networks, Adobe Systems, and Macromedia.
“Throughout my career as a technology executive I saw first-hand the role that software can play in enabling an organization’s success,” said Elop. “Now more than ever, customers are demanding digital-first experiences, and executives are investing heavily to transform their businesses with very little insight or visibility into the software development process. Digital.ai is connecting previously fragmented parts of the DevOps tool chain to provide teams with AI-driven visibility and management capabilities necessary to plan and deliver data-driven software at scale.”
Elop continued, “ ... I also want to recognize Ashok Reddy, who was an early champion of DevOps and AIOps and whose leadership and expertise has brought the company to this next stage of its evolution. I thank him for his service and am pleased to have the opportunity to partner again in his new role as we continue to bring a value-driven customer and partner platform to market.”
Digital.ai is an AI-driven end-to-end solution for both DevOps Value Stream Delivery and Management. The company was founded in partnership with TPG Capital with a mission to fundamentally transform the way that enterprises develop and deliver software. Since then, Digital.ai has made several acquisitions, introduced new innovations, and launched a new brand, culminating in an industry-first platform that offers executives enhanced connectivity, visibility, and security across their software development lifecycles.
“The strong foundation Digital.ai has created is a testament to its innovative team and commitment to being a trusted partner to enterprises across industries,” said Nehal Raj, Partner at TPG Capital. “Now that we have established a leadership position in the market and are looking to scale the company globally, it’s a natural time to transition leadership to Stephen. He has had significant experience scaling large and global businesses and has a strong pulse on the company’s culture and strategic direction, having served as Chairman of the company for the past two years. I believe he is ideally suited to take on the CEO role.”
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