WILMINGTON, DE--(Marketwired - March 10, 2015) - SevOne, the only infrastructure performance monitoring (IPM) solution engineered for Speed at Scale, today announced the company has been named a Visionary in Gartner's 2015 Magic Quadrant for Network Performance Monitoring and Diagnostics. The report analyzes providers of NPMD tools that monitor network components to facilitate outage and degradation resolution, and also identify performance optimization opportunities. According to the report, "At an estimated $1.1 billion, the NPMD market is a fast-growing segment of the larger network management space ($1.9 billion in 2013), and overlaps slightly with aspects of the application performance monitoring (APM) space ($2.4 billion in 2013)".1
"We believe our Visionary position is a testament to SevOne's commitment to evolve our solutions in response to several major industry trends impacting delivery of mission-critical services. These include the explosion of mobile device adoption, cloud-based data centers, the Internet of Things (IoT), and Software Defined Networks/Network Function Virtualization (SDN/NFV)," said Jack Sweeney, SevOne CEO. "These trends are creating a tidal wave of data that today's most demanding service-delivery environments need to monitor and analyze. SevOne is uniquely positioned to help them derive insights and take actions that are critical to advancing their business and cause."
SevOne's IPM solution is an appliance-based solution -- deployed physically or virtually -- that runs on a patented architecture called the SevOne Cluster™. Built on the concepts of distributed computing, there's no centralized database, and all appliances act as collector and reporter, allowing for unlimited speed of data collection and reporting at scale. If a company needs to expand their monitoring domain, they simply drop another appliance into the Cluster. Whether one is monitoring 10,000 or 100,000 devices, reports are delivered in seconds with SevOne, not minutes or hours.
Legacy monitoring tools can't keep pace with these trends and have become a choke point in service-delivery success. That's why Gartner predicts that, "By 2018, 20% of IT operations organizations will abandon legacy monitoring tools for new monitoring architectures, up from 2% today."2
In addition to being named a Visionary in the 2015 Magic Quadrant, SevOne also just achieved its 15th Quarter of Record-Breaking Revenue. For more information visit www.SevOne.com.
1 Gartner, Magic Quadrant for Network Performance Monitoring and Diagnostics, Vivek Bhalla, Colin Fletcher, Gary Spivak, 10 February 2015
2 Gartner, Predicts 2015: IT Operations Management, Jeffrey M. Brooks, Biswajeet Mahapatra, Jonah Kowall, 26 November 2014
SevOne provides the only infrastructure performance monitoring solution engineered for Speed at Scale for the world's most demanding service-delivery environments. The patented SevOne Cluster™ architecture leverages distributed computing to scale infinitely and collect millions of objects to provide real-time reporting and help organizations prevent outages. SevOne customers include seven of the world's 13 largest banks, enterprises, CSPs, MSPs and MSOs. SevOne is backed by Bain Capital Ventures. More information can be found at www.sevone.com. Follow SevOne on Twitter at @SevOneInc.
About the Magic Quadrant
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