Virtual Instruments has completed its acquisition of SaaS-based cloud cost, optimization and monitoring service provider Metricly.
The acquisition will enable Virtual Instruments to expand its cloud migration, monitoring and analytics portfolio to offer customers SaaS-based, hybrid infrastructure management across multi-cloud environments.
Formerly Netuitive – one of the pioneers in applying machine learning and AI to IT operations (AIOps) – Metricly’s platform provides tools to help customers plan, analyze, organize and optimize their cloud workloads, services and resources. The highly scalable platform is architected based on state-of-the-art technologies and offers a self-service free trial evaluation to visitors on its website. Featuring nearly 100 customers across a variety of industries, Metricly has extended the original market momentum built by Netuitive since rebranding in 2017, with Metricly achieving 100% growth in recurring subscription revenue in 2018.
With the acquisition of Metricly’s platform, Virtual Instruments expands its hybrid IT infrastructure management portfolio to encompass the full range of the cloud deployment models – including public, private, hybrid and multi-cloud environments. Metricly’s cloud-native monitoring, workload analysis, resizing and AWS cost optimization solutions will integrate with Virtual Instruments’ VirtualWisdom, a hybrid infrastructure monitoring and AIOps platform.
The acquisition will result in the addition of more than 50 new integrations for popular open source DevOps technologies to the Virtual Instruments portfolio, covering middleware including databases, messaging platforms, microservices, and containers, as well as cloud infrastructure services such as AWS Lambda, EC2, ECS, ASG, EMR, Microsoft Azure VMs, and Load Balancer, among others.
“Executing successful cloud initiatives is a challenge for every enterprise, no matter their size or depth of resources,” said Philippe Vincent, CEO of Virtual Instruments. “In addition, migrating legacy applications to the cloud is a major undertaking for most enterprises, and they must answer crucial questions before doing so. Through our acquisition of Metricly, we’re providing our customers with the end-to-end monitoring solutions and deep cloud migration expertise they need to accelerate their journey to the cloud. Combined with the comprehensive AIOps and hybrid IT infrastructure management capabilities provided by VirtualWisdom, customers can now fully deploy hybrid infrastructures for mission critical application environments.”
The Latest
While most companies are now deploying cloud-based technologies, the 2024 Secure Cloud Networking Field Report from Aviatrix found that there is a silent struggle to maximize value from those investments. Many of the challenges organizations have faced over the past several years have evolved, but continue today ...
In our latest research, Cisco's The App Attention Index 2023: Beware the Application Generation, 62% of consumers report their expectations for digital experiences are far higher than they were two years ago, and 64% state they are less forgiving of poor digital services than they were just 12 months ago ...
In MEAN TIME TO INSIGHT Episode 5, Shamus McGillicuddy, VP of Research, Network Infrastructure and Operations, at EMA discusses the network source of truth ...
A vast majority (89%) of organizations have rapidly expanded their technology in the past few years and three quarters (76%) say it's brought with it increased "chaos" that they have to manage, according to Situation Report 2024: Managing Technology Chaos from Software AG ...
In 2024 the number one challenge facing IT teams is a lack of skilled workers, and many are turning to automation as an answer, according to IT Trends: 2024 Industry Report ...
Organizations are continuing to embrace multicloud environments and cloud-native architectures to enable rapid transformation and deliver secure innovation. However, despite the speed, scale, and agility enabled by these modern cloud ecosystems, organizations are struggling to manage the explosion of data they create, according to The state of observability 2024: Overcoming complexity through AI-driven analytics and automation strategies, a report from Dynatrace ...
Organizations recognize the value of observability, but only 10% of them are actually practicing full observability of their applications and infrastructure. This is among the key findings from the recently completed Logz.io 2024 Observability Pulse Survey and Report ...
Businesses must adopt a comprehensive Internet Performance Monitoring (IPM) strategy, says Enterprise Management Associates (EMA), a leading IT analyst research firm. This strategy is crucial to bridge the significant observability gap within today's complex IT infrastructures. The recommendation is particularly timely, given that 99% of enterprises are expanding their use of the Internet as a primary connectivity conduit while facing challenges due to the inefficiency of multiple, disjointed monitoring tools, according to Modern Enterprises Must Boost Observability with Internet Performance Monitoring, a new report from EMA and Catchpoint ...
Choosing the right approach is critical with cloud monitoring in hybrid environments. Otherwise, you may drive up costs with features you don’t need and risk diminishing the visibility of your on-premises IT ...
Consumers ranked the marketing strategies and missteps that most significantly impact brand trust, which 73% say is their biggest motivator to share first-party data, according to The Rules of the Marketing Game, a 2023 report from Pantheon ...
