- Hewlett Packard Enterprise Co. is purchasing OpsRamp Inc., a startup with a platform that assists businesses in detecting and repairing infrastructure failures.
- In addition to monitoring capabilities, the startup’s platform contains a process automation application.
Hewlett Packard Enterprise Co. is purchasing OpsRamp Inc., a startup with a platform that assists businesses in detecting and repairing infrastructure failures.
Recently, HPE announced the transaction, which is the company’s fourth purchase since the beginning of the year.
Fidelma Russo, Chief Technology Officer of HPE, said, “Customers today are managing several different cloud environments, with different IT operational models and tools, which dramatically increases the cost and complexity of digital operations management. The combination of OpsRamp and HPE will remove these barriers.”
When infrastructure monitoring technologies identify a probable fault in one of a company’s systems, they send an alert. Many of these alerts traditionally contained redundant data, making troubleshooting efforts more difficult. There are also false positives and alerts indicating faults that are ordinary system updates.
The OpsRamp platform claims to minimize the number of alerts, which administrators must evaluate. The business claims that its platform can eliminate up to 95% of unwanted alerts. It achieves so by filtering duplicate notifications and false positives using AI-based techniques.
After identifying the alerts that require the attention of administrators, OpsRamp sorts them by urgency. The platform then assigns each alert to the most suited administrator to resolve the issue. According to the company, its AI algorithms reveal critical technical information on each failure to expedite the resolution process.
In addition to monitoring capabilities, the startup’s platform contains a workflow automation tool. The tool enables administrators to generate scripts that automate routine maintenance operations. With OpsRamp, businesses may, for instance, automatically download antivirus updates as they become available.
HPE claims OpsRamp has thousands of global clients. The data center equipment company is both a customer and an investor in the firm. HPE’s venture capital arm, Pathfinder, contributed to OpsRamp’s 2020 USD 37.5 million funding round.
The projected closing date for the transaction is the end of July. With the acquisition, HPE plans to include OpsRamp’s technology in its GreenLake product range. GreenLake is a set of data center infrastructure and software tools that businesses may acquire on a pay-as-you-go basis, similar to the public cloud.
GreenLake is a component of HPE’s revenue growth plan. The firm revealed in the previous quarter that the annualized recurring revenue produced by its product portfolio had surpassed one billion dollars. GreenLake helps 65,000 customers manage over two million connected devices and over one exabyte of data, according to HPE.
This is the fourth acquisition that the corporation has announced since the beginning of the year. It bought Pachyderm Inc., a provider of AI development tools, in January. The software of Pachyderm facilitates the creation of data pipelines, which are automated workflows that aid in managing AI-related data.
This year, HPE has also purchased two network technology vendors. A few weeks ago, it acquired Axis Security Ltd., a startup with a platform that assists businesses in securing the network connections of their workers to work apps. Previously, HPE bought Athonet SRL, a technology provider for constructing 5G infrastructure.