News 2012

Top 20 European Bank Selects Netuitive for Visibility into Health of Critical Applications and Business Services

Real-Time Analytics Platform Delivers Proactive Service-Based Alarming

RESTON, VA – June 11, 2012 — Netuitive, Inc., a leading provider of predictive analytics software for IT, today announced a software licensing agreement with a major European Bank. The bank is currently challenged to understand health and workload of complex applications and business services connecting its branch offices throughout Europe.

As part of a strategic initiative to improve visibility and stability of its distributed systems and applications, the banks objective is to reduce mean-time-to-resolution (MTTR) and improve service quality to the branch offices.  The bank selected Netuitive’s real-time predictive analytics software platform based on its demonstrated ability to:

• Visualize the current health, workload, performance and availability of key bank business services.  Support the real-time management of these services based on intelligent analysis of the key performance data available for the services and their underlying components.
• Isolate the components contributing to current incidents, to speed up MTTR thereby reducing the cost and business impact of major incidents.
• Proactively generate alarms based on anomalous behavior automatically detected by the Netuitive which could be early indicators of impending problems.

Key to the solution is Netuitive’s ability to correlate IT and application data from a variety of data sources in real-time enabling proactive service-based alarms before critical applications such as global payments and mortgage services are impacted. 

Currently, Netuitive is correlating data and metrics from VMware, NetIQ, as well as customized customer experience monitoring tools.  Future plans call for Netuitive to correlate critical business activity metrics (BAM) as part of the solution.

“Exponential growth of APM-generated big data is driving demand for predictive IT analytics software to proactively manage performance of critical applications in large enterprise environments,” said Nicola Sanna, CEO of Netuitive.  “Our large bank customers consider real-time analytics a ‘must have’ for increasing service level visibility, reducing operational risk, and ensuring quality of experience for critical banking services.”

Eight of the world’s 10 largest banks and several global service providers have deployed Netuitive’s real-time predictive analytics software that sits on top of their traditional monitoring tools, providing holistic visibility across business, application, and infrastructure silos. 

About Netuitive
Netuitive provides predictive analytics software for IT. Netuitive replaces human guesswork with automated mathematics and analysis to help companies visualize, isolate, and proactively address application performance issues before they impact quality of service. Hundreds of customers, including eight of the 10 largest banks, rely on Netuitive to proactively manage the performance of their critical applications and underlying IT infrastructures - physical, virtual and cloud. Industry recognition includes the 2011 “CTO Award for Innovation” from Morgan Stanley, the 2011 CODiE Award for “Best Systems Management Solution,” the 2010 EMA Award for “Best Analytics,” and “Best of VMworld” Awards in 2007, 2009 and 2011. For more information, visit www.netuitive.com.