nDivision Raises $4 million to Advance Disruptive Managed Services Automation Strategy
2018-05-02 18:06 ET - News Release
Continues to strengthen and expand its automation services
Reveals that up to 80% of human labor can be replaced with "digital labor"
DALLAS, TX / ACCESSWIRE / May 2, 2018 / nDivision Inc. (OTC PINK: NDVN), the experts at increasing IT's value by replacing human labor with "digital labor," has raised $4 million of equity capital. The proceeds of the investments will be used to accelerate the company's strategy to enhance its automation platform which makes IT departments more efficient and effective, by reducing costs, improving service levels, and enabling digital transformation.
The company is increasing its investment in Autonomic Managed Services, to enhance its ability to leverage "digital labor" to enable CIOs to re-allocate resources to strategic, ROI-producing initiatives. It has also dedicated some of the proceeds to continue to develop its proprietary CIO Dashboard, which empowers CIOs with a single-pane-of-glass view of metrics for analyzing nDivision services.
"Our ability to automate up to 80% of IT operations makes our Autonomic Managed Services very competitive, and our CIO Dashboard addresses the challenge of 'information overload' by providing IT executives a concise, real-time view of how their IT operations are being managed. This feature frees up their time, enabling them to focus on business-critical initiatives," said Alan Hixon, Chairman, and CEO of nDivision.
"These investments will make our services more compelling to a broad range of customers, help us scale our business and capture additional market share," Hixon added. "Our continued focus on improving efficiencies and performance for customers should continue to grow our international client base."
About nDivision Inc.
nDivision Inc. provides Autonomic Managed Services and End User Help Desk services to private and public entities, ranging from small businesses to global enterprises. nDivision's services are valuable for any industry, and are being provided to customers in multiple segments. The company supports over 100 customers across 45 countries, 24 hours a day, 365 days a year. nDivision leverages advanced automation technologies to replace human labor with "digital labor." By the end of the first year of a client engagement, nDivision typically automates between 50% and 80% of all incidents across the data center and network. More information can be found at www.ndivision.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the U.S. federal securities laws, which statements may include information regarding the plans, intentions, expectations, future financial performance, or future operating performance of nDivision Inc. ("nDivision" or the "Company"). Forward-looking statements are based on the expectations, estimates, or projections of the Company's management as of the date of this press release. Although nDivision's management believes these expectations, estimates, or projections to be reasonable as of the date of this presentation, forward-looking statements are inherently subject to significant business risks, economic and competitive uncertainties, or other contingencies, which could cause the Company's actual results or performance to differ materially from what may be expressed or implied in the forward-looking statements. Important factors that could cause nDivision's actual results or performance to differ materially from the forward-looking statements include those set forth in the "Risk Factors" sections in the Company's filings with the Securities and Exchange Commission, which are available for viewing on the SEC's EDGAR website. These forward-looking statements speak only as of the date of this press release and, except as required by law, nDivision specifically disclaims any obligation to update these forward-looking statements, even if new information becomes available in the future.
Investor Relations:
Brad Wiggins
214-272-2148
bwiggins@ndivision.com
SOURCE: nDivision Inc
