Snowflake acquires Observe, expands into telemetry data observability
Snowflake said it will acquire Observe to integrate observability tools into its platform.
Snowflake said it will acquire Observe to integrate observability tools into its platform.
Ciroos raised $21 million to deliver an agentic AI teammate for AI, DevOps and operations teams to automate and cut incident response times by 90%. What's interesting about Ciroos is that it is looking to address gaps in observability and its approach wouldn't have been possible without agentic AI.
Steve Tack, Chief Product Officer, said observability is set up to expand to multiple teams as AI and cloud native workloads converge along with logs and security.
LogicMonitor raised $800 million in a move that's designed to accelerate its observability growth, fund mergers and acquisitions and expand into new markets and industries.
Splunk launched a new set of generative AI tools across its products, security operations additions, and data management applications as well as more Cisco integrations.
With the Splunk deal closed, Cisco becomes one of the largest enterprise software companies. Here's how the product integrations will play out.
Cisco said it will cut 5% of its global workforce in a bid to "realign the organization and enable further investment in key priority areas."
The company ended the year with 396 customers with more than $1 million in annual recurring revenue, up from 317 a year ago.
Responding to major IT incidents isn't cheap and enterprises lack the skill, tools and automation to respond, according to a Constellation Research and Dimensional Research survey.