Operations | Monitoring | ITSM | DevOps | Cloud

Companies migrate to the cloud to become more productive, respond to market changes, and be flexible — while spending less on cloud infrastructure. But there is one thing that many cloud-based organizations have learned: Cloud costs add up. Fast. As a result, 71% of cloud financial management teams doubt they will achieve expected results at the expected time or at all. Only 29% of cloud FinOps teams expect to achieve their cloud goals.

Today we had an exciting announcement at Elastic. Below is part of an internal email that we shared with our fellow Elasticians. First, hear from Shay: Almost two years ago, I decided to move to Israel because it was better for my family (that took time to happen, Covid!). At that time, I started thinking about how to do what is right for my family while being able to be a meaningful part of Elastic. Those of you who know me, know that Elastic is my life’s work. And we have only just begun.

I am excited to announce today that BigPanda has secured $190 million in financing at a $1.2 billion valuation. This financing was led by Advent International and Insight Partners, together with our other existing investors. BigPanda is now officially a unicorn, and the clear leader in the rapidly growing AIOps market!

The fintech market grows larger and more diverse each day. The financial news website Market Screener says the global fintech market will be worth $26.5 trillion by 2022, with an average annual growth rate of 6%. In Europe alone, the use of financial technology increased by 72% during 2020. Competition in this market segment is also on the rise.

When we talk about observability, we tend to focus first and foremost on the metrics, logs, and traces that you can collect from applications – such as request rates, error rates, and request duration. Infrastructure-level metrics, like CPU and memory utilization, might factor into the discussion as well. Here’s a third category of critical observability insights that teams tend to overlook: the network.

Just like that, another year has gone by full of remote work, virtual conferences, and lengthy Zoom calls. And, although we were not able to see our fellow Splunkers in person at.conf21 that didn’t stop us from previewing the latest enhancements to Splunk Enterprise Security. And now, it gives us great pleasure to announce that Enterprise Security 7.0 is available!

Minesh Patel, senior manager of support account management at ServiceNow, and JP Renaud, senior director of support management at ServiceNow, contributed to this blog. As part of our customer service and support team, the ServiceNow support account management (SAM) and customer escalations (CE) teams are committed to averting situations where performance affects customers’ ability to operate their business.

Netreo, the award-winning provider of IT infrastructure monitoring and observability solutions and one of Inc. 5000’s fastest growing companies, today announced that the Netreo full-stack IT infrastructure monitoring and Retrace by Netreo full lifecycle APM solutions have both earned Veracode Verified Standard recognition for proven security practices in application development.

When your production line runs at nearly 100 percent capacity, even a momentary blip can cost your organization a packet. That’s why Texas Instruments is using InfluxDB to monitor its manufacturing operation and detect problems before they become costly.

I recently had a cloud migration client who was at the beginning stage of their discovery phase and looking to jump straight to “which database platforms should I be using in the cloud?” - a tall ask you might say, but following the three steps below they were able to discover and analyze all of their database servers in just two weeks.