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Correlsense

correlsense.com

Founded Year

2005

Stage

Series C | Dead

Total Raised

$11M

Last Raised

$3M

About Correlsense

Correlsense develops IT systems monitoring and management solutions. The Company has developed patent-pending technology for tracking and profiling of complex software transactions. Correlsense's product, SharePath, is a Business Transaction Management (BTM) platform that records and analyzes every transaction activation, providing a view of user experience throughout the data center. Using SharePath, latencies and bottlenecks are quickly located and resolved, reducing downtime and increasing productivity.

Headquarters Location

111 Speen Street Suite 306

Framingham, Massachusetts, 01701,

United States

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Correlsense Patents

Correlsense has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/30/2008

11/18/2014

Data management, Diagrams, Software testing, Systems analysis, Software architecture

Grant

Application Date

3/30/2008

Grant Date

11/18/2014

Title

Related Topics

Data management, Diagrams, Software testing, Systems analysis, Software architecture

Status

Grant

Latest Correlsense News

Global AIOps Platform Market Forecast to 2023 with IBM, CA Technologies, Micro Focus, VMware, Splunk, HCL, AppDynamics, MoogSoft, BMC Software, FixStream, and Correlsense Dominating

Dec 20, 2018

| Source: Research and Markets The global AIOps market size is expected to grow from USD 2.55 billion in 2018 to USD 11.02 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 34.0% during the forecast period. Major growth factors for the market include the growing demand for AI-based services in IT operations, increasing shift of organizations' core business toward the cloud, and increasing end-to-end business application assurance and uptime. In addition, increasing investments in the AIOps technology is also a key growth factor for the market. However, lack of skilled professionals may restrain the market growth. Platforms segment is expected to have the largest market size during the forecast period AIOps platform encompasses a combination of various AI strategies including data output, aggregation, analytics, algorithms, automation and orchestration, ML, and visualization. These platforms enable the use of multiple sources of data, data collection methods, and analytical and presentation technologies. The platform provides multiple IT operations disciplines with advanced analytical capabilities directly and indirectly. The platform is centralized and flexible, and helps to deliver data insights continuously provided by automated algorithmic ML capability analyzing unprecedented amounts of data. To use these technologies, AIOps platforms contain multiple layers that address different functionalities, such as data collection and storage, analytical tools, visualization, and integrations with other applications and services. Managed service in the services segment is expected to grow at a higher CAGR during the forecast period Managed services offerings have been evolved, owing to technological advancements, such as AIOps applications which allow IT professionals to operate beyond the usual specialized scenarios and expand into more complex and heterogeneous business environments. These services refer to the outsourcing of in-house functionalities, so that they can be managed by third-party Managed Service Providers (MSPs). Managed services include consulting, integration, and maintenance of deployed solutions. An MSP is a third-party contractor who delivers network-based services, applications, and equipment to enterprises, residences, and other service providers. MSPs manage and assume full responsibility for offering a defined set of services to their clients. North America is expected to hold the largest market size and Asia Pacific is projected to grow at the highest rate during the forecast period North America is expected to have the largest market size in the global AIOps platform market, as developed economies in the region are investing heavily in R&D activities. The continued spread of digital transformation across industries and growing convergence of different technologies, such as AI, ML, big data, and analytics have created an impact in the region and led to an increase in IT budget. Additionally, to meet the demands of AI-powered solutions, the region's tech giants, such as IBM, BMC Software, CA Technologies, VMware, and Splunk, are focusing on delivering AI-powered services to help their customers in building intelligent applications. For instance, BMC Software partnered with IBM to integrate ML, predictive capabilities, and AI from IBM Watson into BMC's leading IT service management solutions. Growing government initiatives in the region are also boosting the AIOps platform market growth. They are enhancing the existing IT infrastructure by launching programs, such as National Artificial Intelligence Research and Development and smart city programs. Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period, as the region is witnessing dynamic changes in the adoption of automation in various activities across verticals. The demand for AI-powered solutions and services is growing across the region, due to the rapid generation of large volumes of data owing to the growing use of digital technologies, IoT, and connected devices. AI-powered solutions and services, such as ML, drive innovations in the realm of data analytics and address gaps related to the previously used tools. This boosts the confidence of enterprises in the APAC region to adopt big data technologies. The AIOps platform market includes major vendors, such as IBM (US), CA Technologies (US), Micro Focus (UK), VMware (US), Splunk (US), HCL (India), AppDynamics (US), MoogSoft (US), BMC Software (US), FixStream (US), and Correlsense (Israel). Key Topics Covered:

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Correlsense Frequently Asked Questions (FAQ)

  • When was Correlsense founded?

    Correlsense was founded in 2005.

  • Where is Correlsense's headquarters?

    Correlsense's headquarters is located at 111 Speen Street, Framingham.

  • What is Correlsense's latest funding round?

    Correlsense's latest funding round is Series C.

  • How much did Correlsense raise?

    Correlsense raised a total of $11M.

  • Who are the investors of Correlsense?

    Investors of Correlsense include eXeedTechnology, ProSeed Venture Capital, Accel, Vertex Ventures Israel, Technion Research & Development Foundation and 3 more.

  • Who are Correlsense's competitors?

    Competitors of Correlsense include Nexthink.

Compare Correlsense to Competitors

Nexthink Logo
Nexthink

Nexthink provides end-user IT Analytics for security, ITSM and transformation. The company's software provides enterprise-wide, real-time analytics covering all endpoints, users, applications and network connections, as well as visualization of IT infrastructure and service delivery.

C
CA Technologies - CA ERwin Data Modeling Solution

CA Technologies (NASDAQ: CA) provides IT management solutions that help customers manage and secure complex IT environments to support agile business services. Organizations leverage CA Technologies software and SaaS solutions to accelerate innovation, transform infrastructure and secure data and identities, from the data center to the cloud.

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