At the first-ever FutureStack13 conference for modern software builders, New Relic unveiled its vision for Software Analytics, which will enable an organization to make use of billions of daily metrics from their applications in real-time to make agile business decisions.
At the show, New Relic previewed a new software analytics solution - code-named “Rubicon” - that will enable a company to use live application data to provide clear, actionable business insights across an organization.
When launched as a product in 2014, Rubicon will be built on the world’s largest big data database, delivering real-time business insights, performance visibility, dynamic visualization and answers to application queries in real-time.
“Software applications are at the center of every business today,” said Lew Cirne, CEO of New Relic. “Organizations struggle to find easy, cost-effective ways to collect and make sense of data about their business and their customers in real-time. Software Analytics fills this gap in the market as the state of the business can be found within the transactions and data held within the application. New Relic will unlock the value of big data by providing organizations an accessible database of their business data and the ability to query in real time. The ability for people to ask questions about their business and get a response in real time has real possibilities to make a real impact on our daily lives.”
Differentiated from business intelligence and web analytics, software analytics is a new category that uniquely addresses the need for agile, iterative, ad hoc analytics about applications. Part of the $50-billion Big Data market opportunity over the next five years, software analytics solutions, like those being previewed by New Relic, can give businesses real-time insight into key technical and business metrics to make better decisions using data from and within their application.
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