{"id":384080,"date":"2020-11-18T09:03:44","date_gmt":"2020-11-18T14:03:44","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384080"},"modified":"2020-11-18T09:03:44","modified_gmt":"2020-11-18T14:03:44","slug":"ibm-to-acquire-instana-as-company-continues-to-advance-its-hybrid-cloud-and-ai-strategy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ibm-to-acquire-instana-as-company-continues-to-advance-its-hybrid-cloud-and-ai-strategy\/","title":{"rendered":"IBM to Acquire Instana as Company Continues to Advance its Hybrid Cloud and AI Strategy"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n – Acquisition to help businesses use AI to better manage complexity of modern applications that span hybrid cloud landscape; Builds on IBM’s industry-leading AI-powered automation capabilities<\/i>\n <\/p>\n

\n ARMONK, N.Y.<\/span>, Nov. 18, 2020<\/span> \/PRNewswire\/ —\u00a0IBM (NYSE:IBM<\/a>) today announced a definitive agreement\u00a0to acquire Instana<\/a>, an application performance monitoring and observability company. The acquisition will help businesses\u00a0better manage the complexity of modern applications that span the hybrid cloud landscape. Today’s news further advances IBM’s Hybrid Cloud and AI strategy and strengthens its AI-powered automation capabilities. Financial details were not disclosed. <\/p>\n

\n

\n
\n \"IBM
\n <\/a>\n <\/p>\n<\/p><\/div>\n

With the acquisition of Instana, IBM will help companies overcome the challenge of managing application performance across multiple teams, and across 2 to 15 clouds, on average.i<\/sup> And it is another example of how IBM is building on its AI-powered automation capabilities, including:<\/p>\n

–\u00a0 the launch of IBM Watson AIOps<\/a>\u00a0earlier this year, IBM’s AI offering for automating how enterprises self-detect, diagnose and respond to IT anomalies in real time;
–\u00a0 its acquisition of WDG Automation<\/a>\u00a0to provide clients with broader access to intelligent automation through software robots;
–\u00a0 its expanded partnership with ServiceNow<\/a>\u00a0to develop a joint solution to help companies reduce operational risk and lower costs by applying AI to automate IT operations;
–\u00a0 and continued updates to IBM Cloud Pak for Automation<\/a>\u00a0designed to help companies drive innovation across their expanding IT environments and accelerate digital transformation.<\/p>\n

“Our clients today are faced with managing a complex technology landscape filled with mission-critical applications and data that are running across a variety of hybrid cloud environments \u2013 from public clouds, private clouds and on-premises,” said\u00a0Rob Thomas, Senior Vice President, Cloud and Data Platform, IBM. “IBM’s acquisition of Instana\u00a0is yet another important step that we are taking to provide companies with the most complete portfolio of AI-automated solutions to tackle this enormous challenge and help prevent unforeseen IT incidents that can cost a business in lost revenue and reputation.”<\/p>\n

Headquartered in Chicago<\/span>, with a development center in Germany<\/span>, Instana\u00a0provides businesses with capabilities to manage the performance of complex and modern cloud-native applications no matter where they reside \u2013 on mobile devices, public and private clouds and on-premises, including IBM Z.\u00a0 Instana’s enterprise observability platform automatically builds a deep contextual understanding of cloud applications and provides actionable insights to indicate how to best prevent and remedy IT issues that could damage the business or reduce customer satisfaction\u00a0— such as slow response times, services that aren’t working or infrastructure that is down.<\/p>\n

Once Instana’s capabilities are integrated into IBM, companies will be able to feed these insights into Watson AIOps. The information could then be compared to a baseline of a normal operating application, with AI triggering alerts to resolve issues quickly before negative impacts to that transaction or activity. This can help eliminate the need for IT staff to manually monitor and manage applications, freeing these employees to focus on innovation and higher value work.\u00a0<\/p>\n

“With the added responsibility of ensuring the build and run quality of the software they develop, DevOps teams need a new generation of application performance monitoring and observability capabilities to succeed,” said Mirko Novakovic<\/span>, co-founder and CEO, Instana. “Instana’s observability capabilities combined with IBM’s AI-powered automation capabilities across hybrid cloud environments will give clients a full view of their application performance to best optimize operations.”<\/p>\n

Instana\u00a0will offer both SaaS and on-premises solutions depending on the client’s unique needs. <\/p>\n

Developers can try the Instana\u00a0offering by utilizing the free sandbox<\/a> and trials<\/a>, already available through their website. <\/p>\n

The transaction is subject to customary closing conditions. It is expected to close within several months.<\/p>\n

For more information on today’s announcement, please visit https:\/\/www.ibm.com\/cloud\/blog\/ibm-and-instana<\/a>.<\/p>\n

To learn more about IBM’s AI-powered automation capabilities, please visit: https:\/\/www.ibm.com\/products\/watson-aiops<\/a><\/p>\n

\n Media Contact:
<\/b>
\n Hanna Smigala<\/span>
\n
IBM Media Relations
smigala@us.ibm.com<\/a><\/p>\n

\n i<\/sup>\u00a0“Assembling your cloud orchestra: A field guide to multicloud management.” IBM Institute for Business Value. October 2018<\/span>. https:\/\/www.ibm.com\/downloads\/cas\/EXLAL23W<\/a><\/p>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/ibm-to-acquire-instana-as-company-continues-to-advance-its-hybrid-cloud-and-ai-strategy-301175647.html<\/a><\/p>\n

SOURCE IBM<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire – Acquisition to help businesses use AI to better manage complexity of modern applications that span hybrid cloud landscape; Builds on IBM’s industry-leading AI-powered automation capabilities ARMONK, N.Y., Nov. 18, 2020 \/PRNewswire\/ —\u00a0IBM (NYSE:IBM) today announced a definitive agreement\u00a0to acquire Instana, an application performance monitoring and observability company. The acquisition will help businesses\u00a0better manage the complexity of modern applications that span the hybrid cloud landscape. Today’s news further advances IBM’s Hybrid Cloud and AI strategy and strengthens its AI-powered automation capabilities. Financial details were not disclosed. With the acquisition of Instana, IBM will help companies overcome the challenge of managing application performance across multiple teams, and across 2 to 15 clouds, on average.i And it is another example … <\/p>\n

Continue reading “IBM to Acquire Instana as Company Continues to Advance its Hybrid Cloud and AI Strategy”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384080","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nIBM to Acquire Instana as Company Continues to Advance its Hybrid Cloud and AI Strategy - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ibm-to-acquire-instana-as-company-continues-to-advance-its-hybrid-cloud-and-ai-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBM to Acquire Instana as Company Continues to Advance its Hybrid Cloud and AI Strategy - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire – Acquisition to help businesses use AI to better manage complexity of modern applications that span hybrid cloud landscape; Builds on IBM’s industry-leading AI-powered automation capabilities ARMONK, N.Y., Nov. 18, 2020 \/PRNewswire\/ —\u00a0IBM (NYSE:IBM) today announced a definitive agreement\u00a0to acquire Instana, an application performance monitoring and observability company. The acquisition will help businesses\u00a0better manage the complexity of modern applications that span the hybrid cloud landscape. Today’s news further advances IBM’s Hybrid Cloud and AI strategy and strengthens its AI-powered automation capabilities. Financial details were not disclosed. 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