LogicMonitor: Adding Cloud Cost Optimization and AI Assistance

An Intellyx Brain Candy Update

When we last spoke with LogicMonitor, they discussed their new hybrid cloud monitoring strategy with us. 

LogicMonitorFollowing up on the success of the hybrid strategy, they said, they recently added two new significant features: cloud cost optimization, and Edwin AI. 

The new cloud cost optimization feature leverages historical logging and monitoring data to provide a coherent view of costs across multiple cloud environments. 

LogicMonitor tags an organization’s workloads and associates cloud provider billing data to those workloads. Organizations can then track costs per workload, and observe the impact of application changes on cloud costs.

LogicMonitor also uses their monitoring data to analyze application performance, availability, and service levels, and applies AI to recommend cost optimizations so organizations can improve the ROI of their cloud investments. 

The second major new feature, Edwin AI, named after Edwin Hubble, the innovative astronomer for whom the Hubble telescope is named. Like the Hubble telescope, Edwin AI helps organizations focus on the significant aspects of their expanding universe of event data.   

Edwin AI summarizes related events to provide a human readable version of the cause of incidents and outages, such as identifying the root cause of a series of related network issues that impact database access as a flakly network router.

Edwin AI helps operations teams understand such events in terms of their impact on applications and generates a set of recommendedations to resolve the issues.

Edwin AI ingests event data, correlates the data, and adds metadata context to surface information about why problematic events are occurring and what to do to resolve the problems.

Copyright © Intellyx BV. Intellyx is an industry analysis and advisory firm focused on enterprise digital transformation. Covering every angle of enterprise IT from mainframes to artificial intelligence, our broad focus across technologies allows business executives and IT professionals to connect the dots among disruptive trends. None of the organizations mentioned in this article is an Intellyx customer. No AI was used to produce this article. To be considered for a Brain Candy article, email us at pr@intellyx.com.

 

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