SAN FRANCISCO, May 21, 2018 (GLOBE NEWSWIRE) -- LightStep, the leading provider of application performance management for organizations adopting microservices, today announced that it has been selected as a finalist for the annual MIT Sloan CIO Symposium Innovation Showcase for developing a cutting edge solution that provides both strong value and innovation to the enterprise IT space. LightStep will receive exposure to many of the world’s most creative and influential IT executives at the Symposium on May 23, 2018.

“We are thrilled to award these 10 companies for our 2018 Innovation Showcase,” said Anton Teodorescu, Co-Chair of the Innovation Showcase. “The finalists represent leading edge technologies that will enable enterprises to up their digital game from vision to execution.”

Unlike traditional APM solutions, LightStep [x]PM enables organizations to measure the performance of applications across service boundaries and provides actionable insights enabling enterprise software organizations to dramatically reduce the mean time to resolution for performance issues. [x]PM captures 100 percent of the performance data, 100 percent of the time in production, and gives teams the power to measure whatever matters most – including specific customers, services, and releases.

“We are honored to be selected as a finalist for the annual MIT Sloan CIO Symposium Innovation Showcase,” said Ben Sigelman, co-founder and CEO of LightStep. “We help organizations adopting microservices gain control over their complex software applications, and we can do this by delivering a cutting-edge technical solution.”

The Innovation Showcase will take place at 5:30 p.m. in the Kresge courtyard tent on Wednesday, May 23, 2018, at MIT in Cambridge, MA. The full agenda for the MIT Sloan CIO Symposium is available at www.mitcio.com/agenda.

Additional Resources

About LightStep
LightStep's mission is to deliver insights that put organizations back in control of their complex software applications. Its first product, LightStep [x]PM, is reinventing application performance management. It provides an accurate, detailed snapshot of the entire software system at any point in time, enabling organizations to identify bottlenecks and resolve incidents rapidly. LightStep is backed by Redpoint and Sequoia and is headquartered in San Francisco, CA. For more information, visit https://lightstep.com or follow at @LightStepHQ.

About the MIT Sloan CIO Symposium
The MIT Sloan CIO Symposium is the premier global conference for CIOs and digital business executives to become more effective leaders. In one day, CIOs and senior IT executives explore enterprise technology innovations, business practices and receive actionable information that enables them to meet the challenges of today and the future. The Symposium offers a unique learning environment by bringing together the academic thought leadership of MIT with the in-the-trenches experience of leading, global CIOs and industry experts. The MIT Sloan CIO Symposium is organized and developed by the MIT Sloan Boston Alumni Association, the MIT Initiative on the Digital Economy (IDE), and the MIT Sloan Center for Information Systems Research (CISR). For more information and to register for this year’s Symposium, visit http://www.mitcio.com.

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