Apica Acquires Data Fabric Leader LOGIQ.AI and Raises
Integration into the Apica Ascent Platform will deliver active observability to help alleviate data challenges for IT, DevOps, and monitoring teams.
Today, IT teams must balance the need for standardization and cost reduction with the difficult task of consolidating monitoring tools, services, and network cost centers. With the acquisition of LOGIQ.AI and the funding announced today, Apica will deliver active observability, automated root cause analysis, and advanced data management to bridge real-world gaps in analysis.
"We are determined to address the need for low-cost infinite storage and observability to support businesses with relevant, actionable data," said
"What makes Apica's new offering unique is the merger of an observability data fabric with synthetic monitoring. In a world where 'downtime is death,' solving monitoring and observability in a streamlined and cost-efficient way is crucial for businesses," said
"Joining Apica with
Active Observability with Synthetics and User Control
The Apica Ascent platform with LOGIQ.AI gives users complete data pipeline control, a unified view of all information, and infinite high-quality storage at the lowest cost on the market. The platform acts as a superior indexing tool that aggregates data such as logs, traces, network packets, etc. from multiple sources and improves data quality by trimming off excess data and performing enrichments. The data can be shifted from the platform to a lake environment - either Apica's or another data lake. The result is a unified view of all data for faster root cause analysis while slashing costs and eliminating vendor lock.
"We are offering active observability on your terms," said
The LOGIQ.AI capabilities will be added to the Apica Ascent platform and deployed to current customers in Q3 of this year.
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About Apica
Apica keeps enterprises operating. The Ascent platform delivers active observability, automated root cause analysis, and advanced data management to quickly find and resolve complex digital performance issues before they negatively impact the bottom line. Today, business operations depend on understanding the health of multi-cloud, hybrid, and on-premises environments to keep business-critical applications and systems online while providing an optimal user experience. Apica delivers a unified view of all information for the entire technology stack helping reduce, prevent and resolve outages and lost revenue. For more information, visit www.apica.io.
Media Contact:
Benjamin.Jolley@apica.io
(801) 592-0806
Contact Information:
VP of Marketing
benjamin.jolley@apica.io
801.592.0806
SOURCE: Apica
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