Turbonomic announced the acquisition of privately-held, Boston-based SevOne.
SevOne provides customers with the
world's most scalable data platform for real-time performance
management. The acquisition enables Turbonomic and SevOne to deliver
customers with application performance that is simple, scalable and
self-managing.
SevOne's
platform enables the world's largest and most complex networks to be
agile, reliable and more efficient. It provides operational insight with
speed at scale through a highly distributed, patented architecture.
Recently recognized for its innovative technology, SevOne has been
repeatedly named a Visionary in Gartner's Magic Quadrant for Network
Performance Monitoring and Diagnostics. The company is trusted by companies such as Verizon, BT and Comcast.
More new applications will be built within the next four years than the previous 40 years combined.
These applications are increasingly complex, highly distributed and
operator intensive to assure performance. The largest and fastest
replatforming of applications in IT's history demands that applications
are simple, scalable and self-managing.
Together,
Turbonomic and SevOne will deliver customers better data, analytics and
decisions to more comprehensively assure application performance.
- Turbonomic
customers will benefit from the integration of SevOne's highly scalable
network insights and analytics for reporting detailed performance data,
advancing their resource decision abilities and demonstrating business
value.
- SevOne
will continue to provide its customers with world-class, scalable
network monitoring performance. Going forward, SevOne customers will
gain comprehensive application and infrastructure data along with
AI-powered analytics to derive resourcing decisions that can be
automated.
"The
combined entities, with unique intellectual property, have an
incredible opportunity to define the future of performance. Over the
last 10 years, we've invested $200 million to build the world's leading
Application Resource Management solution. Only Turbonomic enables
customers to automate the performance management of applications across
virtual, cloud and cloud-native environments," said Benjamin Nye, Chief
Executive Officer at Turbonomic. "In parallel, SevOne has built valuable
performance-focused Intellectual Property - from the network up. As
part of Turbonomic, there is greater opportunity to enable customers to
deliver predictable and reliable application performance."
"Turbonomic
customers take a modern approach to managing application resources with
AI-powered automation - of which the network is essential," said SevOne
CEO, Jack Sweeney. "We're excited to join forces with Turbonomic and
help customers leverage the combination of these industry leading
performance platforms."