Virtual Instruments has announced the acquisition of SaaS-based cloud monitoring specialist Metricly, as the artificial intelligence for IT operations (AIOps) specialist moves to expand its cloud portfolio.
The takeover will broaden Virtual Instruments' cloud migration, monitoring and analytics products to incorporate SaaS-based, hybrid infrastructure management across multi-cloud environments.
Formerly called Netuitive, Metricly's platform provides tools to help customers plan, analyse, organise and optimise their cloud workloads and services. Highly scalable, it tackles full-stack monitoring and optimisation of application middleware, containers and microservices in the public cloud.
The acquisition comes at a time when Metricly is seeing 100% growth in recurring subscription, as IT firms increasingly move toward an integrated on-premises and off-premises environment.
"Enterprises relying on a hybrid environment have learned that a unified approach is key to monitoring applications that run across on- and off- premises infrastructure," commented Nancy Gohring, senior analyst at 451 research.
"They also recognise that cost optimisation is an important component of hybrid operations, where a clear understanding of cloud costs is an important factor in determining the best execution venue."
With the addition of Metricly's platform, Virtual Instruments now offers the full range of cloud deployment models - including public, private, hybrid and multi-cloud environments.
Metricly's cloud-native monitoring, workload analysis, resizing and AWS cost optimisation solutions will now integrate with Virtual Instruments' hybrid infrastructure monitoring and AIOps platform VirtualWisdom.
That will result in over 50 new integrations for popular open source DevOps technologies to its portfolio, the firm says, incorporating middleware such as databases, messaging platforms, microservices and containers - as well as cloud infrastructure services such as AWS, Lambda, EC2, ECS, ASG, EMR, Microsoft Azure VMs, Load Balancer and more.
"Through our acquisition of Metricly, we're providing our customers with the end-to-end monitoring solutions and deep cloud migration expertise they need to accelerate their journey to the cloud," said Philippe Vincent, CEO of Virtual Instruments.
"Combined with the comprehensive AIOps and hybrid IT infrastructure management capabilities provided by VirtualWisdom, customers can now fully deploy hybrid infrastructures for mission critical application environments."
The terms of the acquisition have not been provided.
