After announcing IBM’s intent to acquire Turbonomic on April 29th, we are excited to share that the acquisition has closed. There is an enormous opportunity ahead for customers, partners, and our employees as we join forces with IBM to build the future of AI-driven cross-cloud application operations.
Today, we are living in the Modern Application Era, where applications serve as the primary bridge connecting businesses with their customers. As we reflect on the accelerating trends of digital transformation and application modernization over the past year, the timing could not be more opportune for our strategic partnership to evolve into acquisition.
The synergy between Turbonomic and IBM stems from a shared purpose – to help customers assure application performance and governance for any application architecture and any application hosting platform. Over the last decade, Turbonomic has helped modernize customers’ legacy virtualized environments and application operations with AIOps while growing to more than 700 employees and 3,000 customers. Today, Turbonomic’s Application Resource Management (ARM) provides customers with an application-driven consumption model that continuously and dynamically resources applications to assure performance and governance across any application hosting environment.
In parallel, IBM has been ambitiously building AI-powered automation capabilities. Today, with its purchase of Red Hat, IBM is the leader in hybrid cross-cloud management software and services, empowering customers to modernize their IT landscapes from data center to edge-cloud leveraging enterprise-grade, cloud-native technologies that run anywhere, on any cloud.
As these paths converge in the Modern Application Era, we are excited about the opportunity to serve customers. Turbonomic’s ARM software combined with Instana’s APM observability capabilities enables customers to validate all resource actions with application response time metrics to assure application performance and governance.
Today, we begin a new chapter in our ARM mission of improving how customers modernize their application operations cross-cloud. Together, we will help them assure application performance and governance through dynamic, consumption-based resourcing. Now, we are fortunate to benefit from the previously unimaginable scale, reach, and trusted relationships of IBM.
We look forward to building the future of AI-driven cross-cloud application management. Welcome to the Modern Application Era.