FixStream Selected as a 2017 Red Herring Top 100 Global Company
FixStream Artificial Intelligence platform recognized for its unique ability to automate IT Operations
San Jose, CA (November 28, 2017) – FixStream, a leading Artificial Intelligence platform for IT Operations (AIOps), has been selected as a winner of Red Herring’s Top 100 Global Award, solidifying its place as one of the globe’s most exciting and innovative private technology companies. This recognition builds upon the Red Herring Top 100 North America award FixStream received in June 2017.
“Global IT infrastructure demands a high level of reliability and an opportunity to assess risks and evaluate situations in real time,” said Alex Vieux, publisher and chairman of Red Herring. “Most business-critical applications depend on management’s avoidance of disruption. FixStream has created a patented technology endorsed by significant industry players across the world. The company has advanced faster than most observers expected and is one of the shining lights of the Red Herring Global 2017. This award recognizes the work performed by a team of veterans for a company whose name will become a household name in the future.”
Inclusion on Red Herring’s Top 100 Global list has become a mark of distinction for disruptive companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
Winning companies were chosen by the Red Herring editorial staff using both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration.
“We are thrilled to be recognized by Red Herring as one of the 100 most innovative and promising private companies in the world,” said Sameer Padhye, founder and CEO of FixStream. “FixStream provides the only out-of-the-box AIOps platform that delivers an end-to-end view of business transaction flows correlated with applications and infrastructure in hybrid IT environments.”
FixStream solves one of the biggest problems facing enterprises in this new age of digital transformation – the ability to guarantee the highest level of business application assurance while migrating to hybrid cloud.
Traditional domain-centric approaches to monitoring and IT operations management are now obsolete as IT has become more virtual, dynamic and distributed. The adoption of virtualization, hybrid cloud and microservices technologies makes IT more agile, but it also dramatically increases the amount of data to be correlated, exceeding the capacity of human beings to process it.
“Modern IT architectures require millions of data points to be correlated in real time to effectively monitor and manage business critical applications,” added Padhye. “FixStream’s AIOps platform correlates, visualizes, and analyzes millions of data points per business transaction in real-time across an entire hybrid IT environment, allowing enterprises to achieve the highest business application uptime and save millions of dollars.”
This latest recognition is just one of many awards FixStream has received in 2017. Others include the Gartner “Cool Vendor” award and the Advanced IT Analytics Leader award from Enterprise Management Associates.
FixStream accelerates the delivery of new digital services. It provides analytics and visualization of business transactions correlated with application services and infrastructure (such as compute, network and storage) in hybrid IT. Customers have deployed FixStream to proactively plan and manage digital services, automate root cause analysis of business transactions and applications, optimize IT resources and reduce infrastructure cost, reduce business risk with technology migration to hybrid cloud and containers, and reduce compliance risk and costs associated with audit and compliance reports.
Jennifer Chau, 408-394.4478