Virtual Instruments improves cloud monitoring and analytics portfolio with acquisition of Metricly

Virtual Instruments has announced that it has completed its acquisition of SaaS-based cloud cost, optimization and monitoring service provider Metricly. The acquisition will enable Virtual Instruments to expand its cloud migration, monitoring and analytics portfolio to offer customers SaaS-based, hybrid infrastructure management across multi-cloud environments.

Formerly Netuitive, Metricly’s platform provides tools to help customers plan, analyze, organize and optimize their cloud workloads, services and resources. The highly scalable platform is architected based on state-of-the-art technologies and offers a self-service free trial evaluation to visitors on its website. 

Featuring nearly 100 customers across a variety of industries, Metricly has extended the original market momentum built by Netuitive since rebranding in 2017, with Metricly achieving 100 percent growth in recurring subscription revenue in 2018.

With the acquisition of Metricly’s platform, Virtual Instruments expands its hybrid IT infrastructure management portfolio to encompass the full range of the cloud deployment models – including public, private, hybrid and multi-cloud environments. 

Metricly’s cloud-native monitoring, workload analysis, resizing and AWS cost optimization solutions will integrate with Virtual Instruments’ VirtualWisdom, its comprehensive hybrid infrastructure monitoring and AIOps platform. 

VirtualWisdom’s analytics database and intuitive user interface (UI) deliver application-aware, entity-centric, real-time visualizations of thousands of metrics across the physical, virtual and cloud data center. 

VirtualWisdom is a real-time hybrid infrastructure monitoring solution that delivers comprehensive visibility into multi-tiered application infrastructure environment— a platform that understands how the infrastructure is performing for all critical applications. It knows which application services are running on which infrastructure components, as well as the relative importance of each application and how those applications are stressing the infrastructure.

VirtualWisdom also correlates and analyzes an unmatched breadth and depth of data with a vendor-independent AI-based approach. It then translates that data into answers and actionable insights that enable IT teams to resolve problems and to proactively optimize the performance of the infrastructure that supports critical applications. In addition, the metrics collected by VirtualWisdom can be saved as a workload profile report and transferred to WorkloadWisdom.

The acquisition will result in the addition of more than 50 new integrations for open source DevOps technologies to the Virtual Instruments portfolio, covering middleware, including databases, messaging platforms, microservices, and containers, as well as cloud infrastructure services such as AWS Lambda, EC2, ECS, ASG, EMR, Microsoft Azure VMs, and Load Balancer.

“A majority of enterprises expect to run their workloads in a hybrid IT environment, with 57% of IT decision makers responding to the 451 Research Voice of the Enterprise, Cloud, Hosting and Managed Services survey indicating that they are moving toward an integrated on-premises and off-premises environment,” said Nancy Gohring, senior analyst at 451 Research. “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. They also recognize that cost optimization is an important component of hybrid operations, where a clear understanding of cloud costs is an important factor in determining the best execution venue.”

“Executing successful cloud initiatives is a challenge for every enterprise, no matter their size or depth of resources,” said Philippe Vincent, CEO of Virtual Instruments. “In addition, migrating legacy applications to the cloud is a major undertaking for most enterprises, and they must answer crucial questions before doing so. 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. 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.”

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