SOURCE: Corvil

Corvil

February 27, 2015 09:00 ET

Corvil Network Data Analytics Named "Visionary" in Gartner's Magic Quadrant for Network Performance Monitoring and Diagnostics Report

DUBLIN, IRELAND--(Marketwired - Feb 27, 2015) - Corvil, the network data analytics company, today announced it has been named a Visionary in the recently released Gartner Magic Quadrant Report for Network Performance Monitoring and Diagnostics (Gartner, "Magic Quadrant Report for Network Performance Monitoring and Diagnostics" by Vivek Bhalia, Colin Fletcher and Gary Spivak, February 10, 2015).

The latest edition of the Magic Quadrant Report includes 15 Network Performance Monitoring and Diagnostics (NPMD) companies and evaluates them on ability to execute and completeness of vision. Gartner describes Visionary companies as follows: "Visionaries have built a compelling plan to competitively address current and future NPMD customer demands." In this year's report, Corvil is positioned the furthest for completeness of vision in the Visionaries quadrant.

"We believe Corvil's placement in the Visionaries quadrant is indicative of the panoramic view we have of the future of NPMD and how we see network data analytics and the software-defined model disrupting the market," said Corvil CEO Donal Byrne. "The new economics and capabilities we're introducing this year will significantly advance the network data analytics space and make it easier and faster for enterprises of every scale to access and understand their operational and business data in real-time and on a deep level."

Corvil is rapidly expanding its infrastructure and influence inside and out of the financial technology sector. 2014 was a transformative year for the company, which saw it grow to achieve its most successful quarter to-date, increasing 2014 Q4 bookings by 155% vs. 2013 Q4 bookings. Corvil's customers include 18 out of the 20 largest stock exchanges and global banks, and currently the business is expanding to several other vertical markets.

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About Corvil
Corvil is the network data analytics company for business in the Now™. The Corvil platform transforms network data into streaming intelligence to see, understand and act on business as it's happening. Corvil provides the full picture of customers, business and IT infrastructure all interacting together in real-time. It does this by making sense of the raw packet data streaming through the network, enriching it with analytics and making it accessible, searchable and consumable. Corvil is built to handle the low-latency, high-performance and big data analytics requirements for the world's most demanding real-time businesses. It is used to monitor over 50 petabytes of data and over $170 billion worth of transactions per day, and is trusted to provide real-time analytics that powers decision and action in the Now.

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