|By Marketwired .||
|February 11, 2014 07:13 AM EST||
RESTON, VA -- (Marketwired) -- 02/11/14 -- Netuitive, a leading provider of predictive analytics for IT, today announced it has been named a leading provider of IT Operations Analytics (ITOA) by the ITOA Landscape, an industry organization focused on ITOA. Netuitive was awarded a spot on the ITOA50 which highlights companies based on the impact of their product offering, innovation, and industry recognition.
Netuitive's patented IT Analytics platform, powered by Behavior Learning technology and more than 20 years of R&D, is in production with many global banks, telecommunications companies, eCommerce, and leading payment platforms.
Large enterprises are increasingly interested in understanding how IT is impacting critical lines of business and revenue generating applications. The primary challenge has been an inability to correlate and extract value from vast volumes of data generated from an increasing number of specialized monitoring tools across silos and domains in real-time. Sometimes referred to as "APM-generated Big Data," this data must be transformed into practical information with a bearing on business activity, customer experience, applications, and infrastructure.
Netuitive specializes in providing an end to end view of the health of business services, applications, and the underlying infrastructure. Unlike service dashboards that provide information but no actionable insight, Netuitive analytics adds an intelligence layer on top of your existing monitoring tools to help you visualize, isolate and proactively address application performance issues before they impact the business.
The demand for IT operations analytics (ITOA) processes, technologies and services has grown significantly during the past two years. Gartner estimates that worldwide spending in this market subsector will surpass $800 million in 2013, which is a $500 million increase from the $300 million spent in 2012. Furthermore, this more than 100% growth rate is expected to continue through 2014, based on the spending plans disclosed to Gartner during recent inquiry-related conversations.(1)
"Increasingly complex, cloud-based applications and infrastructure are generating the need for 'Big Data' IT operations analytics in the enterprise," said Nicola Sanna, CEO of Netuitive. "We are pleased to be recognized and applaud the ITOA Landscape for increasing awareness of these exciting advancements in IT operations management. We continue to advance the technologies and algorithms that go into our solution and remain laser focused on helping our large enterprise customers understand the business impact of IT."
Following the award, Netuitive CEO Nicola Sanna was interviewed by the ITOA Landscape, along with other prominent industry analysts, and can be viewed here.
Netuitive is the leading provider of predictive analytics for IT. Netuitive replaces human guesswork with automated mathematics and analysis to visualize, isolate, and proactively address IT performance issues before they impact the business. The world's leading companies, including eight of the 10 largest banks, large Telcos and major eCommerce companies, rely on Netuitive to proactively manage the performance of their critical applications and underlying IT infrastructures -- physical, virtual and cloud. Industry recognition includes the 2011 "CTO Award for Innovation" from Morgan Stanley, 2013 CODiE Finalist Award for "Best Systems Management Solution," the 2013 EMA Radar Award for "Advanced Performance Analytics," and three "Best of VMworld" awards for Virtualization Management. For more information visit http://www.netuitive.com/.
(1) Gartner - Data Growth Demands a Single, Architected IT Operations Analytics Platform - published: 30 September 2013