Complements recent acquisition of Instana and launch
of IBM Cloud Pak for Watson AIOps to address AI-driven automation
of IT; powered by Red Hat OpenShift to run anywhere
Acquisition builds on IBM's growing investment in its
ecosystem partners including Cisco to help customers accelerate
their journey to hybrid cloud and AI
ARMONK, N.Y., June 17, 2021 /PRNewswire/ -- IBM (NYSE: IBM)
today announced the closing of its acquisition of Turbonomic, Inc.,
an Application Resource Management (ARM) and Network Performance
Management (NPM) software provider based in Boston, MA.
The close of 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. IBM provides customers with
AI-powered automation capabilities that span from AIOps (the use of
AI to automate IT Operations) to application-centric performance
and IT resources observability – all built on Red Hat OpenShift to
run across any hybrid cloud environment.
"We believe that the move to AI-powered automation is essential
to helping businesses succeed in a digital-first world," said
Dinesh Nirmal, General Manager, IBM
Automation. "IBM is already helping thousands of customers use
automation to make IT and business processes more efficient and
employees more effective. Now that Turbonomic is a part of our
portfolio, IBM is the only company providing a one-stop shop of
AI-powered automation capabilities, all built on Red Hat OpenShift
to run anywhere."
"Today, applications run the business," said Ben Nye,
CEO, Turbonomic. "Turbonomic's Application Resource Management
assures application performance and governance so customers can
focus on innovation. IBM's acquisition of Turbonomic now helps us
reach and serve more customers globally – enabling successful
application hosting operations across any cloud environment."
Global specialist insurer Hiscox, which provides a diverse
portfolio of insurance and reinsurance products across
geographies, has been working with Turbonomic for several years to
support business growth and innovation.
"Our application of Turbonomic has helped Hiscox to innovate and
drive business efficiency as we look to dynamically manage what I
call the axis of application performance, compliance and
availability of systems," said Ian
Penny, Group Chief Information Officer at Hiscox. "The
combination of Turbonomic and IBM will be a gamechanger for
application management in an ever more complex hybrid cloud world
and we look forward to continuing to benefit from this
partnership."
The close of the acquisition builds on IBM's growing investment
in its ecosystem of business partners, such as Cisco, to help
customers accelerate their journey to hybrid cloud and AI.
Turbonomic has built and will continue to grow an OEM relationship
with Cisco through Cisco Intersight. Turbonomic
capabilities add value to the Cisco Intersight Workload
Optimizer, providing users with a top-down, application-driven
approach to ensure applications continually get the resources they
need to perform.
"IBM and Cisco have a long-standing strategic partnership
spanning more than 20 years to provide technology, services and
industry expertise to our mutual customers," said Todd Nightingale, EVP and GM, Enterprise
Networking and Cloud, Cisco. "Cisco Intersight is valuable to our
customers because of its openness and flexibility across hybrid
cloud environments. We look forward to growing and investing in
this partnership together to continue to drive innovation that
supports our customers' future cloud journeys."
As adoption of hybrid cloud continues to grow, companies often
face high costs associated with managing performance and
availability for multiple applications sharing an increasingly
complex hybrid cloud environment. Given these challenges,
organizations are using AI with full stack observability and
visibility into their IT resources so they can deliver high
availability and performance of applications at lower costs and
minimize troubleshooting and downtime.
In addition, Turbonomic ARM will continue to expand its support
for infrastructure and services for all of the major public clouds,
including IBM Cloud, and provide recommendations and automation for
a wider set of enterprise applications, software and PaaS services.
This is designed to help businesses predictively automate
resourcing actions to optimize cost savings, reduce their carbon
footprint, handle demand spikes with no degradation of end user
response time and help deliver quicker resolution of incidents.
This can also be used to help businesses place workloads
appropriately so that they can achieve their regulatory and
compliance requirements and maintain data and application
governance across the full stack of IT resources.
With demand for 5G adoption rising, enterprises are also looking
to move workloads to the edge. This is driving networking to
be an integral component of the application deployment strategy.
With this acquisition, IBM will leverage Turbonomic's NPM
products and strong presence in the telecommunications industry to
complement its own offerings and expertise in this area, helping
customers intelligently optimize applications running in 5G
environments.
Today's news underscores IBM's focus on providing
organizations with a one-stop shop of AI-powered automation
capabilities for business and IT all built on Red Hat OpenShift.
This strategy is designed to help businesses automate their entire
enterprise, from robotic process automation (RPA) and AIOps to ARM
and process mining. Over the last year, IBM has made bold moves
including acquisitions of Turbonomic, myInvenio, Instana and
WDG Automation; ecosystem partnerships; and organic R&D
including the launch of Cloud Pak for Watson AIOps and IBM
Watson Orchestrate.
Read more about the news on the IBM Cloud blog or by
visiting: ibm.com/cloud/turbonomic
To learn more about IBM AI-powered Automation, please visit:
https://www.ibm.com/automation
Forward-Looking and Cautionary Statements
IBM's statements regarding its plans, directions, and intent are
subject to change or withdrawal without notice at IBM's sole
discretion. Information regarding potential future products is
intended to outline our general product direction and it should not
be relied on in making a purchasing decision. The information
mentioned regarding potential future products is not a commitment,
promise, or legal obligation to deliver any material, code or
functionality. Information about potential future products may not
be incorporated into any contract. The development, release, and
timing of any future features or functionality described for our
products remains at our sole discretion.
Media Contact:
Sarah Murphy
IBM Media Relations
srmurphy@us.ibm.com
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