SignalFx Named A Cool Vendor in Performance Analysis by Gartner

SAN MATEO, CA--(Marketwired - Jun 6, 2017) - SignalFx, a leader in monitoring and operational intelligence for the cloud, today announced that it has been named a Cool Vendor based on the May 9^th, 2017 report titled, "Cool Vendors in Performance Analysis, 2017" by Cameron Haight, Vivek Bhalla, Colin Fletcher and Pankaj Prasad at Gartner, Inc. The report is available to download here.

"As organizations move towards the cloud, the requirements for monitoring change dramatically," said Karthik Rau, CEO and co-founder of SignalFx. "We consider our inclusion in the Cool Vendor report by Gartner as acknowledgement of our leading role in providing the monitoring and operational intelligence required for organizations to be successful with digital transformation and the shift to cloud-native applications."

The report evaluates interesting, new and innovative vendors, products and services in the performance analysis market. Gartner's report recognizes vendors, "...bringing new (and even disruptive) approaches in terms of data collection, analytics, knowledge management and visualization in the continuing attempt to address an increasingly complex infrastructure and application environment." The report also provides recommendations for Infrastructure and Operations leaders as they deal with the new reality of cloud operations which include:

• IT operations teams focusing on improving availability and performance continue to be challenged with tools that require extensive skills and have a long time to value.
• IT operations teams continue to struggle with current management technology unable to adequately support an IT world that is increasingly composed of cloud-, mobile- and container-based resources.
  
  

The SignalFx solution supports enterprises' transition to the cloud through:

• Monitoring specifically designed for microservices and containers
• Powerful and proactive alerting that delivers the operational intelligence to manage cloud apps
• A solution ready for enterprise deployment at scale
  
  

This recognition is the latest in a series of announcements made by SignalFx in recent months, as the company increases its value to enterprises undergoing digital transformation. In May, SignalFx issued general availability of its latest release, featuring new alerting capabilities that empower cloud operations teams to better monitor and manage cloud infrastructure, containers and applications. SignalFx also announced the availability of its Service Organization Control (SOC) 2 Type 2 report, highlighting the security, availability, process integrity and privacy controls it has in place to support enterprise use of its service.

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About SignalFx:
SignalFx is a leader in monitoring & operational intelligence for the cloud. By collecting and monitoring metrics across every component in the cloud, SignalFx maximizes the productivity of cloud operations teams and ensures organizations deliver upon the business promise of digital transformation. The service is optimized for today's container and microservice based architectures, provides powerful and proactive alerting that use machine learning algorithms to dynamically adapt to changing cloud application environments and is ready for enterprise deployment at scale. SignalFx is used by Fortune 500 enterprises across financial services, apparel, industrials, telecommunications, media and by web-scale players like Yelp, HubSpot, Acquia and Kayak. SignalFx is backed by Andreessen Horowitz and Charles River Ventures.