With an eye toward making the Elastic Stack easier to use out of the box and thus quicker to realize value from, Elastic believes it will be able to better compete with commercial vendors. This year's Elasticon user conference hosted roughly 2,100 users.
In addition to developing a nice story around its SaaS-monitoring products, the company has added a new feature called PerfStack to its on-premises monitoring platform to allow for visual correlation of metrics from different resources.
The company appears to be humming along with TrueSight, adding new customers and expanding within existing business. It's also continuing to add new capabilities to its monitoring services and demonstrating the potential of its analytics platform.
This Market Monitor Cloud-Enabling Technologies report provides updated market and vendor estimates through Q4 2016. Cloud-Enabling Technologies (CET) encompass the vital support system for a cloud environment, which includes the automation and management stack. It is our position that server virtualization is an enabler for cloud computing. In addition, what the broader industry terms 'private clouds' fall under the purview of our CET definition because this technology is installed, delivered and consumed on-premises, and is not hosted by a third party. However, the CET tools included in this analysis are commonly leveraged by cloud providers to create the cloud environments they offer as a service.
The vendor has shown that it can drive growth from its existing customer base, and adding functionality for application performance management should continue that trend.
Vendors that are taking a centralized approach to IT data collection, analytics or both have been shaping the conversation around performance monitoring. Scale, openness and advanced analytics are key elements in IT operations analytics tools.
Dynatrace has made progress integrating its new breed of monitoring product, formerly called Ruxit, with its popular AppMon product. It could do a better job communicating those integration plans, but we didn't hear any grumblings at its recent Perform customer conference.
The young IT operations data analytics vendor applies machine-learning techniques comprehensively in a way we think makes the offering very easy to implement and use. However, Loom's approach to the market as an add-on may prove a roadblock for some potential customers.
Even after a recent record tech M&A run, dealmakers still had ambitious shopping plans in 2016. Across the globe, tech acquirers announced $500bn worth of transactions in the just-completed year, ranking 2016 as the second-highest annual total since the internet bubble burst. More than any other year, 2016 saw an expansion of buyers beyond the 'usual suspects,' as old-line companies got caught up in transforming their businesses through M&A.
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