SalesTech Star

BMC Acquires StreamWeaver

Acquisition enhances BMC’s AIOps strategy, provides expanded data integration capabilities to award-winning BMC Helix Platform

BMC, a global leader in software solutions for the Autonomous Digital Enterprise, today announced the acquisition of StreamWeaver, a software company that helps enterprises achieve their end-to-end observability, AI operations (AIOps), cloud migration, and cost reduction goals with extensive industry-leading data integration capabilities. Financial terms of the transaction are not disclosed.

Read More: Vistex Achieves POI Best-In-Class 2021: Foodservice, HQ Planning And Dashboards

StreamWeaver enhances BMC’s AIOps capabilities with a broad set of out-of-the-box data integrations built on a complementary, modern microservices-based architecture, which allows customers to  achieve better incident and risk predictions, improved automated remediation, and increased support for DevOps and ServiceOps, which is the unique outcome that results from applying AI to service and operations management.  Together, BMC and StreamWeaver will allow customers to apply BMC’s advanced AI/ML analytics capabilities to rich data from the various tools and technologies that may exist in their IT environments, seamlessly integrated into the BMC Helix platform.

Additionally, StreamWeaver reduces the overall cost of integration with enterprise-grade, plug-and-play  capabilities for observability by connecting and streaming data between popular IT tools in near real-time.

Read More: SalesTechStar Interview with Katie Bapple, Senior Director Agent Experience at Liveops

“Data is paramount when it comes to successful AIOps initiatives, and StreamWeaver’s integration capabilities allow customers to maximize the value of their BMC Helix Platform by accelerating and extending the variety, diversity, and volume of data collections from their deployments,” said Ali Siddiqui, chief product officer at BMC. “Together, we can help companies apply AI to use their data more efficiently and uncover insights to quickly make critical decisions that will help them become Autonomous Digital Enterprises.”

“With BMC’s strong commitment to advancing differentiated AIOps capabilities and building a modern, cloud-native, and consolidated platform, our choice to join forces was clear from our first conversations,” said Clay Roach, CEO of StreamWeaver. “Combining StreamWeaver’s broad set of integrations with the BMC Helix Platform allows customers to bring data in from their existing tools and technology investments and also benefit from advanced AIOps analytics for enhanced root cause isolation and policy-driven automated remediation. The StreamWeaver team and I are excited to see this vision come together as a part of BMC.”

Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.

Brought to you by
For Sales, write to: contact@martechseries.com
Copyright © 2024- SalesTechStar. All Rights Reserved. Website Design:SalesTechStar | Privacy Policy
To repurpose or use any of the content or material on this and our sister sites, explicit written permission needs to be sought.