Addition of Turbonomic will enable businesses to assure application performance using AI and cut costs by optimizing the deployment of IT resources across development, test and production environments
IBM announced a definitive agreement to acquire Turbonomic, an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston, MA. The acquisition will provide businesses with full stack application observability and management to assure performance and minimize costs using AI to optimize resources - such as containers, VMs, servers, storage, networks, and databases. This will ensure they can dynamically and more efficiently assess and manage the performance of any application, anywhere. Financial details were not disclosed.
The acquisition complements IBM's recent acquisition of Instana for application performance monitoring (APM) and observability, and the launch of IBM Cloud Pak for Watson AIOps to automate IT Operations using AI. By acquiring Turbonomic, IBM is the only company that will be able to provide customers with AI-powered automation capabilities that span from AIOps (the use of AI to automate IT Operations) to application and infrastructure observability - all built on Red Hat OpenShift to run across any hybrid cloud environment.
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