Circonus Challenges Industry Thinking about Machine Data with Release of New Paper on Machine Data Intelligence
Enterprises That Tap into the Full Value of Their Machine Data Will See Transformational Business Advantage
PHILADELPHIA, Nov. 19, 2019 /PRNewswire-PRWeb/ -- Circonus, provider of the first machine data intelligence platform built to handle the volume and frequency of data seen in today's global IT infrastructure and IoT deployments, today released its visionary paper on machine data intelligence, the missing link to deriving business value in the current Internet of Everything economy. The paper breaks down what is machine data intelligence, argues why it will dwarf business intelligence, and explains how enterprises that harness their data can drive competitive advantage and powerful business performance.
Businesses today have to answer to demanding consumers, buyers, and investors, who are accustomed to always-on availability, seamless experiences, and answers at their fingertips. Downtime, unplanned outages, and degradation of performance can be extremely costly. According to Gartner, the cost of infrastructure downtime averages $5,600 per minute, and can be as high as $540,000 per hour. On a production line in the automotive industry, a single hour of downtime can cost a staggering $1 million or more. In areas such as safety, high-value decision-making, and mission-critical operations, where data management and analytics are of utmost importance, good enough is no longer good enough.
"To date, conventional monitoring and analytic tools have always had limits – on volume, on frequency, on storage, and on scale," said Bob Moul, CEO, Circonus. "That is no longer the case. Businesses that recognize the value of putting all of their data to work will see results in magnitudes of accuracy, precision, confidence, predictive qualities, and insights – all of which are critical to getting value and ROI out of business initiatives, such as IoT investments."
In this Internet of Everything economy, where Theo Schlossnagle, founder and CTO of Circonus, estimates that machine data is growing at the rate of 1x10 to the 12th every 10 years, the possibilities for machine data intelligence are boundless – limited only by creativity and imagination. As the number of things that we want to monitor and measure grows, and sensors proliferate our world, enterprises have the opportunity to seize new levels of insight to drive competitive advantage, and change the trajectory of their products, operations, IT infrastructure and business performance.
To learn more about how tapping into the full potential of machine data provides accurate and real-time data on demand and delivers measurable results, download this paper, "The Internet of Everything and the Advent of Machine Data Intelligence." Readers will learn how machine data intelligence is overtaking business intelligence as the next frontier of competitive advantage and discover real-world use cases in industries like oil & gas, ad tech, media and utilities.
About Circonus
Circonus is the machine data intelligence expert, providing the only machine data intelligence platform capable of handling billions of metric streams in real time to drive unprecedented business insight and value. Led by experts in large-scale distributed systems and data science, Circonus is pioneering the way that machine data at scale is leveraged throughout the enterprise, from operational analytics to IoT applications. To learn more, visit http://www.circonus.com
SOURCE Circonus
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