Myriad360 Acquires Advizex, Forming $900M AI Platform
Myriad360, a global systems integrator, announced its acquisition of Advizex Technologies. The strategic move creates a combined $900 million global platform focused on AI activation, enterprise infrastructure, cybersecurity, and managed services. The new entity aims to provide scaled, growth-led solutions in these key technology sectors.
- Myriad360 is backed by Bailie Capital, a private equity firm that invests in growth-oriented technology-enabled services companies. Private equity ownership often signals a focus on scaling operations and a "buy-and-build" strategy, where a platform company like Myriad360 grows by acquiring other companies to expand its capabilities. - Advizex was named the 2025 NVIDIA "Trailblazer Partner of the Year" for its early and significant investments in AI. This includes a more than $1 million investment in a team of data scientists and developers focused on creating vertical-specific AI solutions. - The acquisition provides Myriad360 with Advizex's deep expertise in AI/ML operations and data engineering, covering the full AI lifecycle from infrastructure to platform integration and managed support. For developers, this signals a move towards providing more sophisticated, end-to-end AI development environments and managed services that handle the underlying infrastructure complexity. - A concrete example of Advizex's AI tooling is NOWSCRIPT.AI, an intelligent scripting tool for the ServiceNow platform. Powered by an NVIDIA large language model, it was trained on ServiceNow-specific standards to automate complex scripting, reducing configuration time by over 50% and allowing junior developers to perform tasks previously reserved for senior engineers. - The leadership of the combined entity emphasizes continuity, with Advizex operating as "Advizex, a Myriad360 company." Jay Miley continues as CEO of Myriad360, and C.R. Howdyshell, the CEO of Advizex, highlighted that clients will work with the same trusted leaders and engineers, now with the backing of a larger platform. - The move is a direct response to the growing enterprise demand for "AI-ready" infrastructure and accelerated computing environments. This focus will likely influence the internal tools and platforms available to engineers, with an emphasis on creating efficient, scalable, and resilient systems capable of supporting AI-driven development and workflows.
