Riverbed announced the formation of a new Aternity division to capitalize on the tremendous growth opportunities in Digital Experience Management (DEM), which includes Riverbed’s End User Experience Monitoring (EUEM) and Application Performance Management (APM) solutions.
Aternity, known for its breakthrough innovation and leadership in DEM, delivers a unique set of capabilities that provide rich, transaction level visibility into all drivers of end-user experience — from the end-user device to the application code — in order to enhance the experience of traditional, SaaS, mobile and cloud-native applications.
At the same time, Riverbed will continue to drive even greater focus and innovation for its franchise Digital Networking business, which has recently experienced market momentum as a result of significant advancements in the product portfolio, including:
- Complete and powerful SD-WAN portfolio, which addresses the needs of mid-market organizations and scaling to the requirements of the world’s largest enterprises.
- Application acceleration for new consumption models that include SaaS, cloud and mobile workloads. This includes the recent launch of Riverbed SaaS accelerator, which delivers up to 10x performance for leading SaaS apps such as Microsoft Office 365, Salesforce, ServiceNow, Box; and new cloud solutions that can help save organizations millions of dollars on their cloud egress costs.
- Network Performance Management (NPM) that delivers end-to-end network performance monitoring and powerful analytic insights into network infrastructure at scale that’s unmatched in the industry.
Organizations are rapidly investing in digitally transforming themselves, with approximately $6 Trillion dollars being spent on digital initiatives within the next several years according to industry analyst firm IDC. However, organizations are unable to fully measure the digital experience and the impact of their investments, and most don’t have the strategic IT infrastructure to support and drive these digital investments. EUEM and APM solutions are in high demand by CIOs, Chief Digital Officers (CDOs), line of business leaders and DevOps teams for monitoring and managing the digital experience of large-scale transformation initiatives, along with networking infrastructure to maximize digital performance.
“Riverbed has two very strong and unique market opportunities around our Digital Networking and Digital Experience Management (DEM) platforms. Today, we’re creating the right structure to drive greater focus and deeper expertise for each of these businesses, which will greatly benefit our customers and partners, while enabling Riverbed to fully capitalize and grow in both of these markets,” said Paul Mountford, CEO, Riverbed.
Mountford continued, “First, Riverbed has a massive opportunity in our core Digital Networking business, and with a leading product team centered around delivering next-generation solutions, we are aggressively addressing the critical infrastructure and app acceleration challenges customers are facing in today’s digital, cloud and mobile world. For our DEM business, only Riverbed’s solutions can close the gap of the potential of digital transformation and the significant investment being made by measuring and analyzing the user’s digital experience — and we’ve seen tremendous customer adoption along with significant growth rates for these offerings. With a rapidly growing market, it’s clear the formation of an Aternity focused division with the full backing of Riverbed can now be laser focused on innovating and driving success for customers worldwide.”
Collectively, Riverbed has a more than $20 Billion total addressable market (TAM) for Digital Networking and DEM, with the new Aternity division representing approximately $10 Billion of the TAM. Aternity achieved nearly 100% growth in subscription and SaaS bookings in 2018.
"CIOs and their teams recognize that a great digital experience increases customer loyalty, brand equity, and revenues,” said Stephen Elliot, Program VP, IDC. “Organizing a business unit solely focused on Digital Experience Management is a smart, customer-centric business strategy; user experience and application performance monitoring remain top executive investments that are enabling a tighter customer relationship.”
The Latest
As businesses and individuals increasingly seek to leverage artificial intelligence (AI), the cloud has become a critical enabler of AI's transformative power. Cloud platforms allow organizations to seamlessly scale their AI capabilities, hosting complex machine learning (ML) models while providing the flexibility needed to meet evolving business needs ... However, the promise of AI in the cloud brings significant challenges ...
The business case for digital employee experience (DEX) is clear: more than half (55%) of office workers say negative experiences with workplace technology impact their mood/morale and 93% of security professionals say prioritizing DEX has a positive impact on an organization's cybersecurity efforts, according to the 2024 Digital Employee Experience Report: A CIO Call to Action, a new report from Ivanti ...
For IT leaders, a few hurdles stand in the way of AI success. They include concerns over data quality, security and the ability to implement projects. Understanding and addressing these concerns can give organizations a realistic view of where they stand in implementing AI — and balance out a certain level of overconfidence many organizations seem to have — to enable them to make the most of the technology's potential ...
For the last 18 years — through pandemic times, boom times, pullbacks, and more — little has been predictable except one thing: Worldwide cloud spending will be higher this year than last year and a lot higher next year. But as companies spend more, are they spending more intelligently? Just how efficient are our modern SaaS systems? ...
The OpenTelemetry End-User SIG surveyed more than 100 OpenTelemetry users to learn more about their observability journeys and what resources deliver the most value when establishing an observability practice ... Regardless of experience level, there's a clear need for more support and continued education ...
A silo is, by definition, an isolated component of an organization that doesn't interact with those around it in any meaningful way. This is the antithesis of collaboration, but its effects are even more insidious than the shutting down of effective conversation ...
New Relic's 2024 State of Observability for Industrials, Materials, and Manufacturing report outlines the adoption and business value of observability for the industrials, materials, and manufacturing industries ... Here are 8 key takeaways from the report ...
For mission-critical applications, it's often easy to justify an investment in a solution designed to ensure that the application is available no less than 99.99% of the time — easy because the cost to the organization of that app being offline would quickly surpass the cost of a high availability (HA) solution ... But not every application warrants the investment in an HA solution with redundant infrastructure spanning multiple data centers or cloud availability zones ...
The edge brings computing resources and data storage closer to end users, which explains the rapid boom in edge computing, but it also generates a huge amount of data ... 44% of organizations are investing in edge IT to create new customer experiences and improve engagement. To achieve those goals, edge services observability should be a centerpoint of that investment ...
The growing adoption of efficiency-boosting technologies like artificial intelligence (AI) and machine learning (ML) helps counteract staffing shortages, rising labor costs, and talent gaps, while giving employees more time to focus on strategic projects. This trend is especially evident in the government contracting sector, where, according to Deltek's 2024 Clarity Report, 34% of GovCon leaders rank AI and ML in their top three technology investment priorities for 2024, above perennial focus areas like cybersecurity, data management and integration, business automation and cloud infrastructure ...
