Avantra, a provider of AIOps and automation platform for SAP operations, has announced the acquisition of FogLogic Intellectual Property (IP) to deliver the next generation AIOps innovations and advanced Artificial Intelligence (AI) and Machine Learning (ML) capabilities within its best of breed SAP operations platform.
The acquisition of FogLogic technology will accelerate Avantra’s product development and support the company’s mission to deliver unmatched intelligent operations to ensure SAP systems deliver for the global economy.
In addition, the acquisition equips Avantra with sophisticated AI and ML based capabilities which strengthen the software company’s ability to deliver seamless automation of mission-critical SAP operations to global enterprises.
The acquired Foglogic IP will power the next era of the Avantra AIOps platform, Avantra Enterprise Edition, that allows customers to finally realise the potential of SAP automation while unlocking innovation in their teams and delivering secure customer experiences.
John Appleby, CEO, Avantra, said: “We continue to identify opportunities to support our customers. The latest Avantra Enterprise Edition is testimony to our commitment to modernising SAP infrastructure through the best class AIOps platform. With the FogLogic IP, we will extend Avantra capabilities to offer greater access to the most sophisticated AI and ML technologies that help the platform extend monitoring across existing ITSM and CMDB systems to leverage SAP data within the full IT estate, give back 50% of people’s time and deliver exceptional customer experiences.”
Ashok Santhanam, former CEO, FogLogic, said: “We are delighted that the hard work that went into the FogLogic software is now going to live on through Avantra. FogLogic innovations were ahead of the time, and it was difficult to make the journey ourselves without a solid customer base. However, with Avantra’s leadership and position in the market, we are excited that our innovations will reach a wider market and turn our vision into reality.”Click below to share this article