OpTier Receives Investment from Cisco
1Innovator in Business Transaction Management Collaborates with Cisco on Network and Data Center Management
NEW YORK, July 23, 2007 – OpTier™, the leader in business transaction management, today announced a strategic investment by Cisco, the worldwide leader in networking that transforms how people connect, communicate and collaborate. The investment adds an undisclosed amount to OpTier’s recent $15M third round of funding from Gemini Israel Funds, Pitango Venture Capital, Carmel Ventures and Lightspeed Venture Partners.
The relationship with Cisco strengthens and accelerates OpTier’s focus on delivering solutions that provide a business context to the management of networks and data centers – enabling end-to-end, consistent, business aligned quality of experience (QoE) and service levels. “Our collaboration with Cisco reflects our joint recognition of the needs of IT managers,” said Israel Mazin, CEO & Chairman of the Board at OpTier. “Meeting service level goals requires a new approach to managing the IT infrastructure where data centers, network resources and applications are intricately and dynamically linked. The collaboration between Cisco and OpTier will allow customers to optimize their entire infrastructure to meet business needs through a unified business transaction view across servers and network tiers.”
“As application architectures become more modular and distributed, the business implications of this complexity and the impact of network latency on end-to-end application performance become more profound. At the same time, effective analysis of the root cause of network faults and effective management of network configuration requires an increasing sensitivity to the application transaction context of IP packet flows,” said Will Cappelli, research VP, Gartner, Inc. during a presentation titled “Managing Applications in the Age of SOA and Web Services” at the Gartner IT Infrastructure, Operations & Management Summit on June 12, 2007. “Hence the convergence of network management and application management has become a central market imperative. Application transactions visibility is a key element of this convergence, conveying the context of business activities as they traverse servers and networks.”
OpTier’s flagship product, CoreFirst, dynamically links business services to IT infrastructure, assuring service delivery and optimizing IT resources. Its unique Business Transaction Management technology delivers end-to-end visibility and control of all business transactions, all the time. CoreFirst automatically discovers, tracks, monitors and profiles all transactions – across all tiers – to clearly map IT business service topology. This improves collaboration among different stakeholders by providing them with a common transactional context, reducing the cost and time to resolve application and platform performance issues.
Forrester Research named OpTier a strong performer in The Forrester Wave™: Business Service Management, Q1 2007. OpTier’s award-winning product, CoreFirst, was recognized as a 2006 Software and Information Industry Association CODiE Awards Finalist in the Best Software Testing Solution category. The company also received the Datamation.com Product of the Year 2006 Award in the IT/Business alignment category.
“As application architectures become more modular and distributed, the business implications of this complexity and the impact of network latency on end-to-end application performance become more profound. At the same time, effective analysis of the root cause of network faults and effective management of network configuration requires an increasing sensitivity to the application transaction context of IP packet flows,” said Will Cappelli, research VP, Gartner, Inc. during a presentation titled “Managing Applications in the Age of SOA and Web Services” at the Gartner IT Infrastructure, Operations & Management Summit on June 12, 2007. “Hence the convergence of network management and application management has become a central market imperative. Application transactions visibility is a key element of this convergence, conveying the context of business activities as they traverse servers and networks.”
OpTier’s flagship product, CoreFirst, dynamically links business services to IT infrastructure, assuring service delivery and optimizing IT resources. Its unique Business Transaction Management technology delivers end-to-end visibility and control of all business transactions, all the time. CoreFirst automatically discovers, tracks, monitors and profiles all transactions – across all tiers – to clearly map IT business service topology. This improves collaboration among different stakeholders by providing them with a common transactional context, reducing the cost and time to resolve application and platform performance issues.
Forrester Research named OpTier a strong performer in The Forrester Wave™: Business Service Management, Q1 2007. OpTier’s award-winning product, CoreFirst, was recognized as a 2006 Software and Information Industry Association CODiE Awards Finalist in the Best Software Testing Solution category. The company also received the Datamation.com Product of the Year 2006 Award in the IT/Business alignment category.
About OpTier
OpTier™ provides software solutions that dynamically link business services to underlying IT infrastructure, assuring service delivery and optimizing IT resources. Its unique Business Transaction Management™ technology – which delivers end-to-end visibility and control of all business transactions – makes effective Business Service Management a reality.
The dependence of Business on IT manifests itself most clearly in the multitude of interactions between customers, employees and partners that occur at any given moment within a company’s IT system. Each interaction represents a single IT-provided function (e.g. printing a report, placing an order, sending a query, etc.) and is referred to as a business transaction. For an enterprise to succeed, it needs to be able to view, and then manage, all such business transactions from both the Business and IT perspectives. While both Business and IT would like to know which services were consumed by whom and how quickly they were delivered, IT is further interested in which components participated in the service delivery and what was the effect on the overall infrastructure.
OpTier solutions address these challenges in production by automatically mapping business services to IT infrastructure. They track and monitor all business transactions – across all tiers, all the time – in order to create and maintain a complete profile of transaction activity in terms of time and resources. OpTier solutions actively identify and isolate performance problems as they develop, and before users can be affected, thus minimizing the cost and time to resolve them. OpTier solutions generate business service intelligence, for more effective testing, capacity planning, provisioning and decision-making. They can further prioritize transaction resource allocation based on business needs, especially under peak loads.
OpTier helps IT assess and improve its business effectiveness as well as optimize its investment in infrastructure and resources. And this is all done on an ongoing basis, without having to correlate events, change application code or use any additional instrumentation. Headquartered in New York, OpTier serves enterprises throughout the US and in Europe. For further information, visit www.optier.com.
OpTier™ provides software solutions that dynamically link business services to underlying IT infrastructure, assuring service delivery and optimizing IT resources. Its unique Business Transaction Management™ technology – which delivers end-to-end visibility and control of all business transactions – makes effective Business Service Management a reality.
The dependence of Business on IT manifests itself most clearly in the multitude of interactions between customers, employees and partners that occur at any given moment within a company’s IT system. Each interaction represents a single IT-provided function (e.g. printing a report, placing an order, sending a query, etc.) and is referred to as a business transaction. For an enterprise to succeed, it needs to be able to view, and then manage, all such business transactions from both the Business and IT perspectives. While both Business and IT would like to know which services were consumed by whom and how quickly they were delivered, IT is further interested in which components participated in the service delivery and what was the effect on the overall infrastructure.
OpTier solutions address these challenges in production by automatically mapping business services to IT infrastructure. They track and monitor all business transactions – across all tiers, all the time – in order to create and maintain a complete profile of transaction activity in terms of time and resources. OpTier solutions actively identify and isolate performance problems as they develop, and before users can be affected, thus minimizing the cost and time to resolve them. OpTier solutions generate business service intelligence, for more effective testing, capacity planning, provisioning and decision-making. They can further prioritize transaction resource allocation based on business needs, especially under peak loads.
OpTier helps IT assess and improve its business effectiveness as well as optimize its investment in infrastructure and resources. And this is all done on an ongoing basis, without having to correlate events, change application code or use any additional instrumentation. Headquartered in New York, OpTier serves enterprises throughout the US and in Europe. For further information, visit www.optier.com.
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