{"id":9678,"date":"2017-10-19T17:26:57","date_gmt":"2017-10-19T17:26:57","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/cisco-to-buy-perspica-and-fold-engineering-team-into-appdynamics.html"},"modified":"2017-10-19T17:26:57","modified_gmt":"2017-10-19T17:26:57","slug":"cisco-to-buy-perspica-and-fold-engineering-team-into-appdynamics","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/cisco-to-buy-perspica-and-fold-engineering-team-into-appdynamics.html","title":{"rendered":"Cisco to buy Perspica and fold engineering team into AppDynamics"},"content":{"rendered":"


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Cisco<\/a> announced today that it intends to acquire Perspica<\/a>, a machine learning-driven operations analytics firm that has raised $8.5 million<\/a>. Cisco intends to fold Perspica\u2019s team into AppDynamics<\/a>, the company it purchased earlier this year for $3.7 billion<\/a>.<\/p>\n

Cisco did not share the Perspica purchase price.<\/p>\n

All of these machinations have a purpose. Cisco is of course at its heart a networking hardware company. Over the past several years, it has been spending its considerable cash on hand \u2014 it had around $70 billion as of July, according to Ycharts<\/a> \u2014 to buy companies and transform into more of a services company.<\/p>\n

AppDynamics is at its heart an application performance monitoring company, meaning it helps companies understand how their applications are performing and what hardware and software relationships are affecting the performance. That has an impact on customer experience, and AppDynamics has taken that a step further by trying to understand the business processes<\/a> behind the applications to improve those experiences more directly and also understand the influence of experience on a company\u2019s bottom line.<\/p>\n

That brings us to Perspica, a startup that is looking at applying machine learning to large amounts of operations data (not unlike Splunk), and surfacing problems when they appear. This fits rather nicely with what AppDynamics doing, and with Cisco\u2019s overall data-driven strategy.<\/a><\/p>\n

Cisco intends to apply Perspica\u2019s domain knowledge around machine learning and streaming data directly to AppDynamics by embedding the engineering team with AppDynamics as soon as the deal closes, which is expected to happen some time in the second quarter next year. The idea is to help AppDynamics add an intelligence layer to surface more data, more quickly.<\/p>\n

As Cisco tries to transform into a software and services companies, it is also seeing a changing technology landscape with far greater complexity. It believes that artificial intelligence and machine learning can help cut through the complexity by letting machines deal with sifting through the growing mountains of data. Ultimately, it wants to be one of the companies at the center of this approach.<\/p>\n

Just the other day, Cisco\u00a0announced a set of services<\/a> fueled by AI to help companies predict IT failures before they happen. When you put that together with the AppDynamics purchase and today\u2019s acquisition, you start to see where they could be going with this.<\/p>\n

These tools when taken as a whole could help customers understand what\u2019s going on inside the data center at the network level, at a systems level, in the cloud and even at the business process level. It appears the goal here is to act almost as a systems integrator, providing a set of services to help customers understand every aspect of their systems and the impact on customers and the bottom line.<\/p>\n

While Cisco\u2019s hardware business may be in decline, if it has services like these in place, it could still thrive as a company.\u00a0 For the short term, it has seen seven straight quarters of declining revenue<\/a>. Time will tell if this is a viable approach, but it\u2019s clear the company isn\u2019t standing still. It\u2019s making moves like today\u2019s to build a new set of offerings and trying to look to the future.<\/p>\n

<\/p>\n

Featured Image: Getty Images<\/small><\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/HbmCUhT77m4\/<\/p>","protected":false},"excerpt":{"rendered":"

Cisco announced today that it intends to acquire Perspica, a machine learning-driven operations analytics firm that has raised $8.5 million. Cisco intends to fold Perspica\u2019s team into AppDynamics, the company <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-9678","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t