Netreo acquires cloud infrastructure monitoring firm CloudMonix

By Nikita Chaurasia  | Date: 2020-06-04

Netreo acquires cloud infrastructure monitoring firm CloudMonix

Netreo, a renowned IT infrastructure management company, has reportedly announced the acquisition of a cloud infrastructure monitoring firm from Chicago, CloudMonix. The acquired firm specializes in enhanced insight into the auto-scaling of resources, system performance, self-healing, and automation of issue resolution in order to ensure uninterrupted service.

Apart from bringing robust Azure management and monitoring capabilities, CloudMonix also improves the experience across the consumer journey, by facilitating self-service, zero-touch models from trial, discovery, purchase to support. Its customers can begin online in minutes, directly through the company’s website, and through the Microsoft Azure Marketplace, with its Starter edition available for free, to further advance into the Professional tier for a fee of $15 per resource each month, or even the Ultimate Tier for $20 per resource each month.

Built by keeping MSPs (Managed Service Providers), DevOps teams, and CSPs (Cloud Service Providers) in mind, CloudMonix’s robust monitoring abilities, along with flexible low-touch engagement models, have allowed the company to expand quickly: serving cloud-first, medium and small-sized enterprises across the world.

This new acquisition highlights Netreo’s commitment to Microsoft’s expanding cloud services vertical. Microsoft Azure, with a community of more than 700 million users as well as a coverage of over 80% of Fortune 500 firms, recorded a growth of 59% during the third quarter of 2020. Moreover, the company’s Intelligent Cloud business, including Azure and a number of other as-a-Service products, increased 27% in Q3 2020, with revenues rising to $12.3 billion.

Netreo’s Chief Executive Officer, Jasmin Young stated that the company is thrilled to welcome the Chicago based firm onboard. The integration of CloudMonix’s abilities with the company’s platform empowers its efforts to facilitate to quality cloud infrastructure monitoring to MSPs, CSPs, and DevOps teams. 

Young further added that the company is also looking forward to strengthening its collaboration with Microsoft to empower its consumers to monitor and manage mission-critical infrastructure, devices, and applications both on-premises and hybrid deployment models as well as on-premises and on the cloud, as well as across om-premises, cloud, and hybrid models.

 

Source credit: https://www.netreo.com/article/netreo-acquires-microsoft-azure-monitoring-company-cloudmonix-to-expand-capabilities/

 

About Author

Nikita Chaurasia     aeresearch.net

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More >>

More News By Nikita Chaurasia

Pacific Island pushes Japan to delay wastewater release from Fukushima

Pacific Island pushes Japan to delay wastewater release from Fukushima

By Nikita Chaurasia

Pacific Island nations have reportedly pushed Japan to postpone the release of Fukushima nuclear power plant wastewater due to concerns that it may pollute fishing grounds. An appeal was made on Wednesday when Japan announced that treated sewage f...

Activist groups take Danone to court over excessive use of plastics

Activist groups take Danone to court over excessive use of plastics

By Nikita Chaurasia

Danone, the French bottled water and yogurt firm, is reportedly being sued in court by three environmental activists’ groups for failing to cut its plastic footprint significantly. According to the groups, the maker of Evian and Volvic miner...

Bosch expands security with dashcams designed for rideshare drivers

Bosch expands security with dashcams designed for rideshare drivers

By Nikita Chaurasia

Bosch, the German technology company, has reportedly expanded its security footprint in the ridesharing market with the launch of its latest security dashcams. At CES 2023, Las Vegas, the German tech firm unveiled a new integrated smart camera on ...

Australia: PM Albanese denies potential $450M payout to Rio Tinto

Australia: PM Albanese denies potential $450M payout to Rio Tinto

By Nikita Chaurasia

Australia's Prime Minister Anthony Albanese has reportedly denied rumors that Rio Tinto and its partners could receive a $450 million settlement for the Gladstone power station, which would bring the total compensation for the coal price limit to...

UK: Firms still struggle with post-Brexit trading and red tape

UK: Firms still struggle with post-Brexit trading and red tape

By Nikita Chaurasia

Businesses in the UK are still reportedly grappling after two years following the beginning of post-Brexit trading, as suggested by a new report. According to the British Chambers of Commerce (BCC), firms are still battling increased red tape and ...