Global AI in healthcare market expected to rise to $164B by 2030
The market size for 2023 was $10.31 billion
Read more...These days, the average large company has some 100 cloud-based applications running, making it a bit tough on the in-house engineering team to troubleshoot since these applications aren't running on their servers. It's the cloud, after all.
Emerging out of stealth to address this issue is three-year-old Thousand Eyes, which also announced that it's raised $5.5 million in a Series A from Sequoia Capital, and some angel investors.
"The Internet is the backbone of corporate enterprise," said Mohit Lad, co-founder and CEO of Thousand Eyes. "There's a huge trend where the cloud has become the center for what enterprises do." Yet there are limited tools to give corporations "visibility beyond their corporate firewall."
Thousand Eyes essentially sells a performance management product to large corporations that want another layer between them and the applications in order to identify problems that occur outside their corporate networks. Those problems occur on service providers' data centers and the public Internet.
So when cloud applications are slow or unavailable, many times IT teams have difficult pinpointing where the problem resides. This is even more complicated when it involves teams across different companies. Thousand Eyes makes it easier for people in different places and companies to work together, said Lad.
Some customers include Evernote, Priceline, Twitter, Zynga and Zendesk.
(Image source: juicegraphic.com)
Founder and CEO of Vator, a media and research firm for entrepreneurs and investors; Managing Director of Vator Health Fund; Co-Founder of Invent Health; Author and award-winning journalist.
All author postsThe market size for 2023 was $10.31 billion
Read more...At Culture, Religion & Tech, take II in Miami on October 29, 2024
Read more...The company will use the funding to broaden the scope of its AI, including new administrative tasks
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