Work Here?
About DMI
Industries
Consulting
Enterprise Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$8.4M
Headquarters
Bethesda, Maryland
Founded
2002
Overview
DMI focuses on digital transformation by providing solutions that improve business agility and customer engagement. The company offers services such as managed mobility, intelligent virtual assistants, and digital twin technologies, which help organizations operate more efficiently. DMI's products work by utilizing artificial intelligence, machine learning, and cloud-based platforms to streamline processes and adapt to market changes. Unlike many competitors, DMI serves a wide range of clients, including healthcare, finance, and government sectors, and generates revenue through consulting, technology implementation, and support contracts. The goal of DMI is to help clients achieve long-term success in a rapidly changing digital landscape.
Simplify's Take
What believers are saying
- DMI's partnership with Appvance enhances software testing using generative AI.
- The joint venture with Dynamic Solutions secures a $14.5 million U.S. Treasury contract.
- Acquisition of ZestMoney expands DMI's merchant network across India.
What critics are saying
- Encora's acquisition may lead to a loss of key talent and expertise at DMI.
- Integration challenges with Appvance may delay generative AI platform outcomes.
- ZestMoney acquisition exposes DMI to financial and operational risks.
What makes DMI unique
- DMI specializes in managed mobility services and intelligent virtual assistants.
- The company leverages AI and ML to enhance business agility and customer engagement.
- DMI's digital twin technologies streamline operations and improve efficiency for clients.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$8.4M
Above
Industry Average
Funded Over
1 Rounds
Company News
The acquisition strengthens Encora's digital engineering capabilities and expands its global footprint with new centers across India, Europe, and the Americas.SANTA CLARA, Calif., Feb. 6, 2025 /PRNewswire/ -- Encora, a global leader in digital engineering and transformation, today announced the acquisition of a business capabilities portfolio from DMI. This acquisition expands Encora's ability to deliver agile and scalable digital transformation solutions in areas such as enterprise digital engineering, customer engagement and commerce transformation while enabling DMI to concentrate on its core mission of providing measurable outcomes for Federal, State, Local, and Commercial Managed Service customers.DMI's expertise as a provider of application development and digital strategy to large global enterprises across Automotive, Healthcare & Life Sciences, Insurance, Retail & CPG, and Travel & Logistics, combined with Encora's distributed global digital engineering capabilities in areas like Cloud, Data and AI, create a unique opportunity together in the market."This acquisition will accelerate Encora's commitment to delivering industry specific Cloud, Data and AI engineering services that empower enterprises to succeed in a rapidly evolving digital landscape," said Anand Birje, Chief Executive Officer, Encora. "By integrating this strategic portfolio acquisition, we're enhancing our ability to address complex industry challenges and accelerate innovation across global markets."Both Encora and the portfolio from DMI share a deep commitment to workplace excellence, consistently earning recognition as top employers in their respective regions. Encora's industry-leading Net Promoter Score of 82.4 and Great Place to Work certifications—spanning eight countries globally—mirror DMI's culture of attracting and nurturing diverse global digital engineering talent and hyper focus on customer success.This cultural alignment creates a strong foundation for driving innovation and delivering transformative solutions. The shared emphasis on people-first culture and delivery excellence ensures Encora will continue to foster environments where talent thrives and client relationships flourish.The acquisition strengthens Encora's position as a leader in digital engineering services, delivering strategic benefits for both Encora and the portfolio of transferring DMI customers:Enhanced digital transformation capabilities that leverage both organizations' proven expertise in cloud computing, data, AI, cybersecurity, and application modernization through continuous innovationAccess to Encora's global delivery capabilities across 17 countries, with 9,000 digital engineering, design and domain experts, now expanded by 6 offices and 750 professionals joining through the acquisitionExpanded strategic partnerships with leading technology providers, including AWS, Microsoft Azure, Snowflake, Databricks, Salesforce, Commerce Tools, Oracle and othersCombined thought leadership in critical infrastructure sectors, bringing together deep industry knowledge with cutting-edge technical capabilitiesThe acquisition was formally closed on the 4th of February, 2025
SANTA CLARA, Calif. & MCLEAN, Va., May 8, 2024 /PRNewswire/ -- Appvance and DMI have formed a strategic partnership to revolutionize the software quality landscape for enterprises in the public and private sectors. This partnership marks a commitment to accelerate digital transformation by harnessing the power of generative AI to empower organizations to elevate competitiveness and operational agility."We are excited to bring transformational artificial intelligence solutions to our customers in a strategic partnership with Appvance," said Gary Wang, Chief Technology Officer at DMI, Inc. "This partnership provides the technologies and services for autonomous and continuous software testing to achieve faster application delivery with lower cost and higher quality for our customers. It enables our customers to embark on the journey of digital modernization with confidence and efficiency.""DMI delivers mission-critical technology solutions to some of the most prominent enterprises, brands, and government agencies globally," added Appvance CEO Andre Liao. "The adoption of AIQ as the foundational capability in an AI-first quality software delivery platform underlines our joint commitment to transformative digital initiatives that accelerate the success of these high-performing digital customers."AIQ detects 10 times more application defects and does it 1,000 times faster than any other currently available technologies
TYSONS CORNER, Va.--(BUSINESS WIRE)--DMI, a global leader in end-to-end managed mobility services, has partnered with Dynamic Solutions Technology to form a joint venture, Dynamic Digital Transformation (DDT), which has been awarded a contract by the U.S. Department of Treasury’s Office of the Comptroller of the Currency (OCC) to support and manage the bureau’s enterprise mobility management services (EMMS). Consistent with its commitment to provide comprehensive solutions to government customers across their entire mobile ecosystems, DMI will provide management and support of the OCC's overall service portfolio of mobile devices to enable employees working either remotely or in the office to effectively fulfill the bureau's mission of supervising all national banks and federal savings associations. DMI will also deliver reporting and dashboarding capabilities that will increase visibility, tracking and transparency to reduce costs, improve productivity and increase security for the bureau. “With 32 years combined expertise from our DDT team, we’re able to provide best practices from both the private and public sector to help the OCC work efficiently to keep our nation’s banking systems secure and fair,” said Lance Riddle, DMI vice president, financials public sector. “We have nearly a decade of experience supporting the OCC and its vision for the future of EMM is deeply ingrained in our innovative, holistic approach.”
Gina Vaughan joins DMI as VP, chief architect of technical solutions.
DMI, which has raised over $1.5 billion of equity investment and is supported by global institutional investors and international banks, didn't reveal the value of the transaction.
There are no jobs for DMI right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to DMI
About DMI
Industries
Consulting
Enterprise Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$8.4M
Headquarters
Bethesda, Maryland
Founded
2002
There are no jobs for DMI right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to DMI