IBM has confirmed that it will buy Turbonomic, a startup dedicated to the development of cloud software driven by Artificial Intelligence and machine learning elements. The company has a portfolio of tools designed to offer companies AI-based services for managing their networks and workloads. In other words, the software is designed to make it easier for IT teams to manage operations or the performance of their network.
IBM buys Turbonomic
It is unknown how much IBM paid for the company, as well as the terms of the purchase agreement. However, according to Techradar, the purchase price for Turbonomics could be between $1.5 billion and $2 billion. IBM and Turbonomic have had a fairly close relationship for some time, as the former is a reseller of the Application Resource Management (ARM) platform developed by Turbonomic.
IBM points out that with this purchase they are in a good position to offer the possibility of observation and management of full-stack applications in a hybrid environment, which is becoming more and more complicated, and in which more and more companies are moving. This will help IBM customers improve performance while reducing costs by using AI to optimize all types of resources, such as containers, virtual machines, servers, storage space, networks, and databases.
Among IBM’s plans for this company are the integration of Turbonomic’s ARM software into Instana’s real-time observability and application performance monitoring functions and IBM Cloud Pak for Watson AIOps ITOps functions. This will enable IBM customers to ensure that their application performance is as desired, as well as reduce costs by optimizing functions in development, test, and production environments.
Rob Thomas, Vice President, IBM Cloud and Data Platforms, says, “IBM continues to reshape its future as a hybrid cloud and AI company. The purchase of Turbonomic is yet another example of our commitment to making the most impactful investments to advance this strategy and ensure clients find the most innovative ways to drive their digital transformations.”
Ben Nye, CEO of Turbonomic, emphasized that “Enterprises are looking for AI-powered software to help them manage the scale and complexity challenges of running applications across multiple clouds. Turbonomic not only prescribes actions but also enables customers to perform them. The combination of IBM and Turbonomic will continue to continuously ensure targeted application response times even in peak demand.”