Accedian announced its acquisition of Performance Vision, a provider of network and application performance management (NPM/APM).
The acquisition is a complement to Accedian’s performance assurance portfolio. Performance Vision’s technology brings advanced end-user digital experience monitoring capabilities to Accedian’s existing customer base, while expanding its addressable market to key enterprise segments including banking, insurance, healthcare, manufacturing, and cloud services. Financial terms of the deal were not disclosed.
Commenting on the acquisition, Accedian CEO Patrick Ostiguy said, “The combination of Performance Vision and Accedian creates a proposition that is truly unique. There is no other company that is able to offer this level of accuracy and granularity into how the performance of the network and the applications running over it impact the end-user digital experience, in real-time, for enterprises of all sizes.”
The combined Accedian / Performance Vision platform is completely virtual. It unifies capabilities that are normally distributed in a variety of different products and solutions, reducing complexity and total cost of ownership (TCO). Bringing network awareness to application monitoring—and vice versa—means digital assets can be optimized to deliver the best possible business outcome.
“As virtualization and hybrid cloud applications continue to be deployed at an accelerated pace, the interdependence of network and application performance increases significantly,” said Sergio Bea, VP of Global Enterprise and Channels at Accedian. “The ability to see the entire digital infrastructure uniformly—from end-user to multiple data centers, clouds, and SaaS applications—fills a visibility gap that otherwise threatens digital transformation projects’ success, speed, return on investment (ROI), and business value.”
“Our new relationship with Accedian adds valuable scale and reach, allowing us to deliver our solutions to a wider range of customers and organizations than was previously possible,” said Gilles Huguenin, CEO of Performance Vision. “By combining our resources and expertise, we can accelerate innovation and deliver unified solutions that help our customers obtain maximum value and performance from their network and applications—and by extension help their business perform better.”
Accedian’s acquisition of Performance Vision is an expression of intent for the company as it looks to grow its revenue and expand into new markets and business segments in 2018. As part of this wider strategy, and to support the company’s expansion into the enterprise space, Accedian last month made two new executive appointments: Sergio Bea joined the company as VP of Global Enterprise and Channels, while Richard Piasentin took the role of CMO and Chief Strategy Officer.
The Latest
In the heat of the holiday online shopping rush, retailers face persistent challenges such as increased web traffic or cyber threats that can lead to high-impact outages. With profit margins under high pressure, retailers are prioritizing strategic investments to help drive business value while improving the customer experience ...
In a fast-paced industry where customer service is a priority, the opportunity to use AI to personalize products and services, revolutionize delivery channels, and effectively manage peaks in demand such as Black Friday and Cyber Monday are vast. By leveraging AI to streamline demand forecasting, optimize inventory, personalize customer interactions, and adjust pricing, retailers can have a better handle on these stress points, and deliver a seamless digital experience ...
Broad proliferation of cloud infrastructure combined with continued support for remote workers is driving increased complexity and visibility challenges for network operations teams, according to new research conducted by Dimensional Research and sponsored by Broadcom ...
New research from ServiceNow and ThoughtLab reveals that less than 30% of banks feel their transformation efforts are meeting evolving customer digital needs. Additionally, 52% say they must revamp their strategy to counter competition from outside the sector. Adapting to these challenges isn't just about staying competitive — it's about staying in business ...
Leaders in the financial services sector are bullish on AI, with 95% of business and IT decision makers saying that AI is a top C-Suite priority, and 96% of respondents believing it provides their business a competitive advantage, according to Riverbed's Global AI and Digital Experience Survey ...
SLOs have long been a staple for DevOps teams to monitor the health of their applications and infrastructure ... Now, as digital trends have shifted, more and more teams are looking to adapt this model for the mobile environment. This, however, is not without its challenges ...
Modernizing IT infrastructure has become essential for organizations striving to remain competitive. This modernization extends beyond merely upgrading hardware or software; it involves strategically leveraging new technologies like AI and cloud computing to enhance operational efficiency, increase data accessibility, and improve the end-user experience ...
AI sure grew fast in popularity, but are AI apps any good? ... If companies are going to keep integrating AI applications into their tech stack at the rate they are, then they need to be aware of AI's limitations. More importantly, they need to evolve their testing regiment ...
If you were lucky, you found out about the massive CrowdStrike/Microsoft outage last July by reading about it over coffee. Those less fortunate were awoken hours earlier by frantic calls from work ... Whether you were directly affected or not, there's an important lesson: all organizations should be conducting in-depth reviews of testing and change management ...
In MEAN TIME TO INSIGHT Episode 11, Shamus McGillicuddy, VP of Research, Network Infrastructure and Operations, at EMA discusses Secure Access Service Edge (SASE) ...
