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Home Banking & Finance

Enterprises can accelerate digital transformation with AIOps solutions

Fiinews by Fiinews
November 2, 2020
in Banking & Finance, Technology
Reading Time: 3 mins read
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India’s top 500 organizations will have a multi-cloud management strategy, says IDC report

Enterprises can now accelerate their digital transformations through faster access to the latest AppDynamics innovations and industry-leading AIOps solutions which are built on the Amazon Web Services (AWS) Mumbai region.

AppDynamics, part of Cisco, announced on 30 Oct 2020 the availability of its Software-as-a-Service (SaaS) offering in Asia, enabling customers to access AppDynamics solutions via a local cloud location from India.

The SaaS offering is available to AppDynamics customers in India and throughout Asia, it said.

By 2022, 40% of new enterprise applications in India will be developed cloud-native, based on a hyper-agile architecture, and that by 2023, 55% of the top 500 organizations in India will have a multi-cloud management strategy, said AppDynamics, citing an IDC report.

Furthermore, the availability of this new SaaS offering will resolve potential concerns around data sovereignty and data governance requirements for customers in India.

This anticipates legislation, including the Personal Data Protection Bill 2019, which would require Indian organizations to retain critical application performance and business data within India.

This is the fourth SaaS offering location offered by AppDynamics. Existing regions include Asia Pacific (Australia), the European Union (Germany), and North America (US). This newest addition confirms AppDynamics’ focus and continued investments in India and the wider region.

“AppDynamics’ SaaS offering in Asia opens up a whole new market – particularly in India – and creates a real and differentiated value proposition for our existing and prospective customers,” said Abhilash Purushothaman, Managing Director for India & SAARC, AppDynamics.

“Enterprises can now choose our industry-leading, business-centric observability platform via a local SaaS offering and deploy AppDynamics solutions more rapidly and drive faster outcomes for their businesses. AppDynamics is committed to the region and helping enterprises deliver flawless digital experiences to customers and employees,” said Purushothaman.

Enterprises and service providers can use AppDynamics to monitor their applications on-premises or in the cloud while achieving greater control around:

Data Residency – Enables enterprise businesses to comply with anticipated India-specific jurisdiction and regulatory control guidelines relating to the location of stored data.

Scale – AppDynamics’ unified suite of solutions delivered with the scalability of AWS provides high-speed access to data.

Access to Innovation – Leverage the latest innovation from AppDynamics, including industry-leading AIOps, APM and Business iQ solutions, through automated and seamless upgrades.

Data Privacy and Security – The SaaS offering in Asia augments and reinforces AppDynamics’ commitment to building security and privacy by design in our product development cycle.

“We are seeing greater adoption of application performance and AIOps technologies, so the availability of a SaaS offering for customers in Asia, in particular India, is timely and much needed,” said Maneesh Jhawar, Founder and CEO, QualityKiosk Technologies, an AppDynamics ‘Titan Partner’ based in Mumbai.

“As an AppDynamics partner in the region, we are particularly excited about the opportunities this brings to accelerate the adoption of APM across industry segments, as well as drive significant incremental value to existing and new customers,” he said.

AppDynamics, a part of Cisco, is the world’s #1 Application Performance Monitoring (APM) solution and AIOps platform. AppDynamics is a full-stack, busines-centric observability platform that helps technologists prevent digital performance issues by monitoring cloud-native technologies and traditional infrastructure to understand exactly what drives user experiences and impacts the bottom line for businesses. Core products include Business iQ, Experience Journey Map, and Cognition Engine. #technology #SaaS #banking #enterprises #data #cloud /fiinews.com

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