Cisco Snags Truviso for Network Analytics
Cisco is bolstering its Prime network management and reporting slate by acquiring Truviso, a maker of network reporting software.
Real time analytics for Big Data
Truviso was founded in 2006 by enterprise data management specialist Sailesh Krishnamurthy and Professor Michael Franklin, both from UC Berkeley. The firm's scalable, real-time network data analysis software distinguishes itself via its continuous analytics engine.
The technology feeds information to the Truviso dashboard in real-time, bypassing traditional batching, data storage and retrieval activities that can result in delayed intelligence and added costs. According to the firm, its software forms the basis for analytics applications in use by enterprise software providers, ad networks and online retailers. Currently, Truviso offers its analytics software in OEM and "white box" implementations.
Cisco plans for the software involve enabling new levels of network visibility and help network operators get a handle Big Data's impact on their resources, said Jamie Lerner, vice president and general manager of Cisco's Network Management Technology Group.
The Big Data challenge
An influx of networked-enabled devices and apps present a network management challenge for service providers and enterprises, argues Cisco. Truviso's "analyze-first, store-later" approach can help remedy this problem in a cost-effective and revenue-enhancing manner.
"Customers want to be able to tap into and better analyze the enormous volume of data traversing their networks to identify ways to enhance services and generate new revenue opportunities," said Lerner.
"Embedding Truviso's real time business intelligence into the network will help customers unlock these capabilities at the speed of the network," said Lerner. As such, expect the computer networking giant to start baking Truviso's tech into its Cisco Prime management suite, which recently consolidated wired and wireless lifecycle management as of Prime Infrastructure 1.1.
Financial terms were not disclosed, but financial analysts at ISI place the deal's value in the sub-$100 million range, a far cry from the multi-billion dollar bet Cisco made on video software delivery vendor NDS Video Tech. According to ISI, the Cisco-Truviso deal is the latest in a wave of consolidation that's washing over the Big Data analytics market. This transaction is Cisco's network-centric extension of the trend, in their view.
The companies expect the transaction to close in the fourth quarter of Cisco's fiscal year 2012, which ends on July 28, 2012.