Electric AI Stock

Electric was founded with the mission to simplify IT management for small and medium-sized businesses (SMBs) through an AI-driven platform that streamlines operations, reduces costs, and enhances security. The company’s platform integrates various tools to manage devices, applications, networks, and support tasks like employee onboarding, device procurement, and network security. At the heart of Electric's offering is Gigawatt, an AI-powered IT assistant designed to handle routine IT tasks efficiently, allowing businesses to focus on growth and innovation. Electric’s platform also includes advanced mobile device management through JumpCloud integration, which provides businesses with the ability to secure and manage their devices remotely. Additionally, the platform features a robust IT ticketing system that simplifies support requests, ensuring quick resolution and minimizing downtime. The company’s on-site support services are available in over 150 cities, providing businesses with the hands-on assistance needed for large-scale IT projects such as office relocations, network installations, or hardware upgrades. Electric partners with industry giants like Apple and Microsoft to deliver top-tier IT management solutions. These partnerships enable Electric to offer standardized IT processes and best practices across its customer base, ensuring consistency and reliability in IT operations. The platform is designed to be cost-effective, with Electric claiming to reduce IT spending for its clients by up to 50%. With a client base of over 900 companies and more than 50,000 supported employees, Electric has established itself as a leader in the IT management space for SMBs. As Electric continues to innovate, it remains focused on making advanced IT management accessible to businesses of all sizes, enabling them to operate more efficiently, securely, and with greater flexibility in a rapidly evolving digital landscape.