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Netuitive Wins Morgan Stanley "Innovation Award"
Netuitive, Inc., the leading provider of predictive analytics for IT, today announced it has been awarded Morgan Stanley's prestigious "CTO Award for Innovation."

Netuitive CEO Nicola Sanna accepted the award on June 15 in Palo Alto, Calif. at Morgan Stanley's 11th Annual CTO Summit conference.

Netuitive was chosen for helping enable Morgan Stanley to convert the Firm's distributed IT infrastructure into a private cloud environment.

Using its patented Behavior Learning Engine, Netuitive replaces manual, rules-based methods for performance monitoring with automated statistical analysis that correlates and self-learns the operational behavior of IT systems and applications.

"We are proud to be recognized by Morgan Stanley as the sole recipient of their annual Innovation Award," said Nicola Sanna, Netuitive CEO. "Predictive analytics software is now recommended as a requirement for managing cloud infrastructures. We're humbled to be recognized as the leader by one of the world's most admired financial institutions."

Morgan Stanley has hosted the conference for chief technology officers annually since 2001. At the summit, Morgan Stanley's IT organization presents its vision of results it expects to achieve and the technology areas it wants to focus on. Each year, Morgan Stanley has selected as winner of its Innovation Award one company whose solutions have been deemed innovative and have created a significant impact on Morgan Stanley's business.

Netuitive provides predictive IT analytics and cloud management software solutions to eight of the worlds' 10 largest banks. These banks represent some of the largest production deployments of virtualization in the world serving mission critical applications such as online banking, trading applications, and payment systems. Any service degradation or downtime translates to significant business loss.

Published Tuesday, June 28, 2011 5:47 AM by David Marshall
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