ServiceNow Buys Data Management Startup

ServiceNow, a provider of digital workflow administration options, is acquiring Belgian startup Sweagle to aid customers maintain their program up and operating.

Sweagle is a pioneer in IT configuration administration automation, working with equipment understanding to discover and aid stop possibly costly program configuration glitches.

Corporations usually need to navigate 50,000 or more configuration facts items to make a solitary company software operate properly, ServiceNow said in announcing Monday it would get Sweagle for an undisclosed amount.

“With Sweagle, ServiceNow customers can swiftly deploy purposes and infrastructure as code alterations more commonly on a solitary facts system,” it extra.

As TechCrunch reports, “With more companies shifting personnel house, producing positive your systems are up and operating has develop into more critical than ever. ServiceNow, which involves in its product or service catalog an IT aid desk component, acknowledges that aid desks have been bombarded through the [coronavirus] pandemic.”

Configuration mistakes can trigger shutdowns, stability challenges, and other major challenges for enterprises.

“With capabilities for configuration facts administration from Sweagle, we will empower devops groups to provide software and infrastructure alterations more swiftly whilst reducing hazard,” said RJ Jainendra, ServiceNow’s vice president and normal manager of DevOps and IT Business enterprise Administration.

Sweagle was founded in 2017 and elevated $four.05 million on a publish-valuation of $eleven.88 million, in accordance to PitchBook facts. “Today, configuration facts is as critical as possessing superior code — and this is the foundation that Sweagle was created on,” Sweagle CEO and co-founder Mark Verstockt said.

“Every day something goes completely wrong in a corporation associated to negative configuration facts,” he extra. “Together, we can aid customers provide greater-top quality purposes without having the want for handbook operate, all whilst reducing price.”

ServiceNow joins a amount of bigger companies that have been getting startups through the pandemic, like VMware, Atlassian, and NetApp, which have purchased Ocatarine, Halp, and Location, respectively, in latest months.

In trading Monday, ServiceNow shares rose .3% to $401. The stock has climbed more than fifty seven% since the pandemic forced a lot of companies to have employees operate from house.

(Photograph by Smith Collection/Gado/Getty Images)
configuration facts administration, coronavirus, ServiceNow, program configuration, startup, Sweagle, workflow administration

Next Post

Microsoft to Buy Startup CyberX

Microsoft declared it is getting the protection startup CyberX. In a blog article, the tech giant stated the deal was part of a wider initiative to accelerate and safe deployment of the web of things (IoT). Economic conditions have been not disclosed, but TechCrunch stated the Israeli business was valued […]