NEW YORK, LONDON, TOKYO and DUBLIN, July 22, 2014 /PRNewswire/ --
- 10x Improvement in Speed to See, Understand and Act for IT Operations
Corvil, the IT data analytics company for business in the Now™, today announced its new streaming analytics platform for real-time operational intelligence and big data integration. The new Corvil Giga release is a major step forward for the Financial Markets industry and others that need to operate their business in true real-time.
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Addressing the need to prepare for the new wave of financial regulations, mitigating risk against IT failure and malicious attack, accessing real-time operational intelligence to see, understand and act faster, and managing massive volumes of high-velocity streaming data without busting IT budgets, are all compelling reasons for this new release.
"Our customers want to run their business in the now. This is not simply about real-time data analytics. It is about providing the data and intelligence that delivers a 10x improvement in the speed of operations," said Donal Byrne, CEO of Corvil. "Over the past several years we have been working with the leading companies within the global financial markets. With massive volumes of data moving at break-neck speed, billions of transactions per day, and ultra sensitivity to IT mishap, the ability to act in the now is second to none. What we've done today is to dramatically reduce the barrier to operating and safeguarding their business in real-time."
The Corvil streaming analytics platform taps into the data that is flowing through the network, and other complementary sources of IT data, transforming it into operational intelligence that can be easily consumed and leveraged to operate business in real-time. Traditionally, accessing these insights has been difficult, error-prone and uneconomic due to the sheer volume and complexity of analyzing data in the network. The Corvil Giga release introduces the most complete set of cost effective, high-performance streaming analytics capabilities on the market. The new platform introduces the following new capabilities:
"For years, Corvil has been a leading performance monitoring and analysis product of choice to meet the exacting demands of our electronic trading infrastructure," said Stacie Swanstrom, Senior Vice President and Head of Access Services, a division of the Global Trading and Market Services business line at NASDAQ OMX. "We leverage Corvil not only for performance monitoring within our own infrastructure but also for the risk management solutions which we provide to the trading community, and we look forward to using Corvil's new Streaming Analytics platform."
Corvil Giga cuts through the complexities of dealing with network data, and presents meaningful results in real-time that are easily understood by IT operations and business professionals.
"Analytics based on network data can be an immensely rich source of true, real-time insights into business activity. But most organizations have not used it due to challenges of complexity, scale, and cost effectiveness," said Jim Frey, Vice President, Enterprise Management Associates. "The Corvil solution addresses those challenges by combining streaming analytics with an existing network and application performance monitoring platform that has proved worthy and capable in some of the world's most demanding, high performance, low latency, and data-intensive environments."
About Corvil
Corvil is the IT data analytics company for business in the Now™. The Corvil streaming analytics platform transforms IT data into real-time operational intelligence to provide an order of magnitude improvement in the speed to see, understand and act on business as it's happening. Corvil provides the full picture of customers, business and IT infrastructure all interacting together in real-time. It does this by making sense of the raw IT data streaming through the network, enriching it with analytics and making it accessible, searchable and consumable. Corvil is built to handle the low-latency, high-performance and big data analytics requirements for the world's most demanding real-time businesses. It is used to monitor billions of transactions per day and is trusted to provide real-time operational analytics that powers decision and action in the Now.
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