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Company Update:
We are excited to announce our rebranding from CloudFabrix to Fabrix.ai, to better align with our mission of driving AI-powered transformation. At CloudFabrix, innovation has always been at the heart of everything we do. We are excited to share a pivotal evolution in our journey as we position ourselves to address the growing needs of Enterprise AI and Data Transformation. The new name, Fabrix.ai, captures the essence of our focus on AI-driven transformation and our commitment to empowering enterprises with the next generation of Data and AI solutions. This new identity not only aligns with the increasing trend of convergence among AI, Data and Automation functions but is also supported by overwhelmingly positive feedback from our extensive market study, partners, and analysts, ensuring a stronger alignment with our product-market fit.
CloudFabrix to Fabrix.ai Journey
Importantly, this transition will have no impact on our ownership structure, legal commitments or go-to-market strategies. We remain focused on our strategic vision, and with the new branding, Fabrix.ai is exceptionally positioned to maximize value and drive innovation in the industry. We believe the time is right to make the move to Fabrix.ai to better align ourselves with future AI innovations. It's important to note that there are no structural or legal changes, we will continue to be the exact same entity - just with a different name. We are excited about this change and wanted to let you know first before making any public announcement.
Business Update: 2024 year of growth and improved AI focus
We have experienced good growth in revenue, new customer acquisition such as Sify, Hyundai etc, and in the development of deeper strategic partnerships with Cisco, WWT, and IBM. This year also saw substantial investments in enhancing our AI capabilities, further solidifying our technological position in the market. As a leader in data and automation, we are strategically well-positioned to deliver faster and better value through AI-driven solutions that meet the evolving needs of our customers.
Customer & Partner Update:
Further strengthening our partnership with Cisco, we have successfully expanded our business in North America while making significant progress in acquiring new customers in the Middle East and Japan markets. We are also well-positioned to enter the Managed Service Provider (MSP) market through them (and also other partners), thanks to enhanced product features that support multi-tenancy and automated onboarding.
Additionally, we have deepened our integration with Cisco Splunk, becoming a premium Build Partner and enhancing our product to facilitate data integration and service map creation - the two most coveted capabilities among the Splunk customer base. Our strategic alignment with IBM has established our Asset Intelligence solution as a foundational service for their AIOps, while our partnership with Cisco and WWT has enabled us to participate in a groundbreaking global deal with one of the largest automobile manufacturers in Asia, generating significant interest in the Korean markets. Apart from this, our success with major telecom/mobile operators and service providers has attracted attention from other significant players in the market, positioning us for future growth opportunities, especially in the North America and Asia region.
We anticipate further expansion of partnerships with global systems integrators (SI) and consulting partners, significantly bolstering our sales and growth capabilities. Rebranding our company as a leading AI, Data, and Automation provider will positively impact these partnerships and facilitate deeper market penetration.
Product Update:
AgenticAI Advance Features & Partnerships:
We are excited to announce the product update with the integration of agentic AI for automating the creation and execution of RDAF pipelines and their associated workflows. With CloudFabrix’s implementation of agentic AI, users can now streamline complex workflows and significantly reduce manual workloads, resulting in improved resilience and agility within IT environments.
This update introduces a user-friendly Studio for developing agents easily, along with a feedback mechanism designed to enhance control and optimize performance. These enhancements empower organizations to leverage advanced automation capabilities, ultimately driving greater efficiency in their IT operations.
The CloudFabrix Team
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