News & Press Releases
BigPanda Expands Series B Funding to $49 Million
LAS VEGAS, Knowledge16 – May 17, 2016 — BigPanda, the Alert Correlation Platform that turns the huge volumes of IT data and alerts into consolidated insights for businesses, today announced that it is has launched an updated integration with ServiceNow (NYSE: NOW), the enterprise cloud company. BigPanda automatically reduces alert noise by up to 99 percent, enabling Ops teams to detect and resolve critical problems faster – resulting in an average of 86 percent lower mean time to resolution (MTTR). The updated version of BigPanda for ServiceNow is now available in the ServiceNow Store as a free download.
Fast-Growing Alert Noise Problem
More than 60 percent of incidents are caused by unplanned changes to infrastructure or code, according to the IT Process Institute. The quickest way to detect changes before they become incidents or problems is to continuously monitor infrastructure alerts. BigPanda’s 2016 State of Monitoring Report revealed that most organizations receive thousands of alerts every day from an average of six different monitoring tools. As application architectures get more complex and the velocity of code and infrastructure changes increases, so does the volume of alerts.
“As businesses become more dependent on technology, it’s more important than ever to be aware of infrastructure issues when resolving incidents,” said Assaf Resnick, CEO of BigPanda. “BigPanda and ServiceNow have teamed up to help Ops teams solve the noisy alert problem and detect problems faster by adding insights from applications, clouds and networks to ServiceNow incidents, problems and changes with a new solution that can be deployed in minutes.”
The Data Science Difference
Now IT organizations can use intelligent alert management to eliminate the noise, isolate the root cause of issues and minimize downtime with data science from BigPanda combined with service and operations management from ServiceNow.
The BigPanda integration with ServiceNow enables incident and problem owners to understand what actually caused every issue by:
The updated BigPanda for ServiceNow application delivers pre-configured support for incident creation and synchronization, support for auto-updates to incidents created by BigPanda when alerts are updated and direct links within incidents to BigPanda incident summaries, details and timelines.
BigPanda at ServiceNow Knowledge 16
BigPanda will be showcasing its new integration for ServiceNow at ServiceNow Knowledge16, May 15-20, 2016, at Mandalay Bay in Las Vegas, in booth #1126.
BigPanda’s updated application is ServiceNow Certified and is now available in the ServiceNow Store as a free download. The new integration is supported in Fuji and beyond. For more information on the ServiceNow Store, visit: https://store.servicenow.com.
BigPanda’s mission is to keep businesses running by improving how IT teams manage the explosion of IT data they face every day. BigPanda uses data science to analyze massive volumes of IT alerts from fragmented clouds, applications and systems and turn them into actionable insights. Founded in 2012, the company is backed by Sequoia Capital, Mayfield and Battery Ventures. BigPanda is headquartered in Palo Alto, California. For more information visit www.bigpanda.io or follow BigPanda on Twitter @bigpanda.