PagerDuty to Acquire Jeli, Bolstering its End-to-End, Automated Incident Management Solution for the Enterprise

Rhea-AI Summary

PagerDuty, Inc. has announced its acquisition of Jeli, Inc. to enhance its operations with an enterprise-grade incident management solution. The addition of Jeli's capabilities to the PagerDuty Operations Cloud will strengthen its value as a system of action and drive improvements in operational maturity. The combined offering will help customers reduce the impact of future incidents and operate more efficiently.

With Jeli, the PagerDuty Operations Cloud improves enterprise resilience, reduces the impact and risk of operational failure, and lessens the need for costly point solutions

SAN FRANCISCO--(BUSINESS WIRE)-- PagerDuty, Inc. (NYSE: PD), a global leader in digital operations management, today announced it has signed a definitive agreement to acquire Jeli, Inc. to transform operations with an enterprise-grade, all-in-one incident management solution. The addition of Jeli’s capabilities to the PagerDuty Operations Cloud will further strengthen its value as a system of action, going beyond response to drive long-lasting improvements in operational maturity. The PagerDuty Operations Cloud combines Incident Management, AIOps, Automation and Customer Service Operations in a flexible, easy-to-use platform designed for mission-critical, time-sensitive, high-impact work across IT, DevOps, security and business teams.

Jeli is a natural extension of the PagerDuty Operations Cloud, completing the lifecycle of incident management with deep, actionable analysis, enriched learning and proactive improvement. The combined offering will help customers turn every incident into an opportunity by applying learnings to reduce the impact of future incidents. CIOs will be able to learn more quickly from their incidents and shift their organizations from a chaotic, reactive stance towards a more proactive, methodical approach, allowing them to operate more efficiently.

Jeli’s enterprise-grade user experience is already integrated with PagerDuty, enabling customers to effectively collaborate during and after an incident, identify improvement opportunities, and action insights to drive change. Jeli surfaces patterns from incidents, prioritizing opportunities for improvement in escalations, resource allocation and project planning.

“Every company’s customers are digitally fluent, yet most company’s operations are analog, manual and command and control. This chasm gets wider as technical complexity grows, making operational resilience and delightful customer experiences harder to deliver,” said Jennifer Tejada, Chairperson and CEO, PagerDuty. “With Jeli, our combined offering will empower executives to make faster, more effective operational decisions to speed and expand innovation while minimizing the costs and risk of operational failure. With Jeli, PagerDuty becomes a cloud-first, automated Incident Management solution that scales securely and reliably for large enterprises. We are thrilled to welcome Nora Jones and the Jeli team to PagerDuty.”

“We created Jeli to turn every incident into a learning opportunity,” said Nora Jones, CEO and Founder of Jeli. “Jeli technology incorporates the human element and spearheads a more positive culture of learning from incidents through its incident analysis and incident response technology. Together, Jeli and PagerDuty will play an indispensable role in bringing data, not just focused on how the technology is working, but how the humans within the organization are working and focusing on a culture of continuous learning from incidents to help the business grow.”

The acquisition is subject to certain closing conditions.

Try Jeli for free today at www.jeli.io.

About PagerDuty Inc.

PagerDuty, Inc. (NYSE:PD) is a global leader in digital operations management. The PagerDuty Operations Cloud revolutionizes how critical work gets done, and powers the agility that drives digital transformation. Customers rely on the PagerDuty Operations Cloud to compress costs, accelerate productivity, win revenue, sustain seamless digital experiences, and earn customer trust. More than half of the Fortune 500 and nearly 70% of the Fortune 100 trust PagerDuty including Cisco, Cox Automotive, DoorDash, Electronic Arts, Genentech, Shopify, Zoom and more. To learn more and try PagerDuty for free, visit www.pagerduty.com. Follow our blog and connect with us on LinkedIn, X, YouTube and Facebook. We’re also hiring, visit https://www.careers.pagerduty.com/ to learn more.

The PagerDuty Operations Cloud

The PagerDuty Operations Cloud is the platform for action in modern enterprise. The Operations Cloud combines Incident Management, AIOps, Automation and Customer Service Operations in a flexible, easy to use platform designed for mission-critical, time-sensitive, high-impact work across IT, DevOps, security, and business teams.

About Jeli

The Jeli.io platform allows users to respond to, manage, and analyze incidents in order to build more resilient infrastructure and teams. Jeli aggregates systemic incident data across the tools and people involved to reveal clear, actionable recommendations for organizations. For more information, visit Jeli.io, follow Jeli on LinkedIn or X, @Jeli_io.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding the expected availability of new functionality, including any anticipated benefits, results and future opportunities related thereto. These forward-looking statements are not guarantees of future performance and involve significant risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from results, performance or achievements expressed or implied by the forward-looking statements contained in this release. For a complete list and description of such risks and uncertainties, see the company’s Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission (“SEC” on March 16, 2023), in particular in the section entitled Risk Factors, and in PagerDuty’s other filings with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231102304857/en/

Media Contact:

Debbie O’Brien

media@pagerduty.com

Investor Relations Contact:

Tony Righetti

investor@pagerduty.com

SOURCE PagerDuty

Source: PagerDuty

FAQ

What is the acquisition announced by PagerDuty, Inc.?

PagerDuty, Inc. has announced its acquisition of Jeli, Inc. to enhance its operations with an enterprise-grade incident management solution.

How will the acquisition strengthen PagerDuty's value?

The addition of Jeli's capabilities to the PagerDuty Operations Cloud will strengthen its value as a system of action and drive improvements in operational maturity.

What benefits will the combined offering provide to customers?

The combined offering will help customers reduce the impact of future incidents and operate more efficiently.