Journalists Excited by Virtual Instruments’ Metricly Acquisition

By Len Rosenthal, Chief Marketing Officer

Last week we further solidified Virtual Instruments’ position in the hybrid cloud  monitoring market with our acquisition of Metricly. Formerally known as Netuitive, Metricly is a leading SaaS-based cloud cost, optimization and monitoring company. Through this acquisition, we’ve expanded our infrastructure monitoring portfolio to fully encompass public, private, hybrid and multi-cloud environments, ultimately helping customers accelerate their cloud journey.

We took a deep dive into the acquisition in an earlier blog post, but let’s take a step back and see what the media had to say about the news – and most importantly, what the acquisition means for Virtual Instruments and our customers.

ZDNet’s Stephanie Condon noted in her articlethat cost and resource management are key issues for organizations adopting hybrid and multi-cloud strategies. Metricly’s platform tools address six areas of cloud cost management: administration, billing analysis, idle resources, rightsizing, reservations and capacity monitoring. Combine that with VirtualWisdom, our industry-leading hybrid IT infrastructure management and AIOps platform, and you’ve got a match made in heaven.

In his articlecovering the acquisition, Wylie Wong of Data Center Knowledge said, “the Metricly deal bolsters [Virtual Instruments’] cloud toolset with much broader capabilities.” 451 Research senior analyst Nancy Gohring was also cited saying “the Metricly acquisition is an important move for Virtual Instruments as enterprise customers increasingly migrate to a hybrid cloud architecture and need integrated tools to monitor and proactively manage their internal data centers, private clouds, and public cloud environments.”

The importance of integrating cloud monitoring and cost management with our existing infrastructure management solutions was also noted by SiliconANGLE’s Mike Wheatley. According to his article, the Metricly acquisiton only furthers our existing cloud tools, including the cloud migration readiness solution we announcedin June 2018. Now, in addition to identifying potential migration issues, our customers will be able to work out just how much their cloud migrations will cost.

Other reporters and industry experts noted the value of the new integrations Metricly adds to our VirtualWisdom solution – more than 50 integrations, to be specific. In his articlefor, Mike Vizard said these integrations are “critical” to maintaining visibility into cloud costs, as the number of services being made available on AWS increase.

I’d like close this blog post not with another media quote, but instead with a short exceprt from a blog postby Bob Farzami, CEO of Metricly, who sums up the partnership neatly:

“We could not be any more philosophically aligned in the quest for applying machine learning to availability, performance, capacity and cost management. Over the last few years, we both solved the same problem in the complementary domains of private and public clouds. Together and with more resources, we will satisfy the rising demand for dynamic resource allocation of computing resources across public, private and hybrid clouds.”

We’re thrilled to have Metricly join the Virtual Instruments family, and we’re excited to see the combined value we’ll add for customers, partners, and the entire Virtual Instruments ecosystem. Keep your eyes peeled for updates as we work to fully integrate our new team and technology – there are big things ahead and some surprises coming over the next few months.

To learn more about the Metricly acquisition and our new solutions for public cloud, click here, and to stay up to date on the latest and greatest in all things Virtual Instruments, be sure to follow us on Twitterand LinkedIn.