Press

August 17, 2022

Survey: Nearly 50% of Businesses Are Struggling to Control Cloud Costs

New Anodot survey reveals 44% of executives said their company wastes at least one-third of cloud spend each year.   Ashburn, VA – August 17, 2022 – PRNewswire — According to a new report  published today by Anodot, the business monitoring company, nearly half of businesses (49%) find it difficult to get cloud costs under control, and 54% believe their primary source of cloud waste is a lack of visibility into cloud usage. The findings highlight an ongoing visibility crisis in which organizations are struggling to gain appropriate insights into the breakdown of cloud costs and efficiency of cloud use and therefore cannot effectively reduce wasted spend – even as cloud migration continues to rise and cutting costs is a priority. The report is based on a survey of 131 US-based IT directors and executives. Anodot’s 2021 State of Cloud Cost Report revealed that the pandemic greatly accelerated many companies’ shift to the cloud, and the latest survey confirms that the transition is continuing as businesses continue to appreciate the agility and scalability the cloud provides: 91% of respondents reported they currently have IT infrastructure in the cloud; 60% said that migrating more workloads to the cloud is their top cloud initiative in the coming year. As enterprises continue to face high monthly cloud bills – with cloud costs ranking second only to payroll in terms of business expenses for many – visualizing costs, optimizing spend and reducing wasted dollars are top priorities, especially in the wake of a slowing economy. A significant portion of these inflated cloud bills could have been avoided: 44% of respondents said that at least one-third (33%) of their cloud spend is wasted each year. Visibility is the main culprit: the majority of executives surveyed (53%) said gaining visibility into cloud usage and costs is their top challenge for controlling spend and reducing waste; one-fifth (19%) said they lack the ability to manage their cloud budget due to insufficient visibility into cloud usage. Cloud costs are also becoming increasingly complex to track and understand, also leading to misspending: 46% of executives reported that overprovisioning is a primary source of cloud waste, while 45% blamed cloud assets’ fragmentation across teams and vendors. “Shifting to the cloud requires a delicate balance between the speed of workload migration and cost control,” said David Drai, Anodot CEO and co-founder. “Today, cloud cost management – which is all the more crucial as businesses strive to mitigate wasted resources and shore up revenues – should be based on four key elements: visibility, insights, recommendations, and automated actions. Enterprises that are leveraging AI and ML to control and optimize their cloud environments are seeing immediate results and reduced waste, unlocking the true value the cloud has always promised.” Additional findings: Surprise, Surprise: Over a third of participants (37%) have been surprised by their cloud costs or had an incident related to cloud costs. Growing Complexity: When asked to choose the top challenges in controlling cloud costs, 53% said the key challenge is gaining true visibility into cloud usage and costs; 50% said complex cloud pricing; 49% said complex, multi-cloud environments.* Unnoticed Spikes: 28% of respondents said it takes weeks or months to notice a spike in cloud costs – no improvement in the average time to detect incidents since 2021.  
July 20, 2022

Anodot Gets New U.S. Patent for Lightning-Fast Anomaly Detection Solution

Proprietary tech enables time series anomaly detection algorithm to run nearly 100% faster and at 80% of the computational cost compared to leading industry model   Ashburn, VA - July 20, 2022 - PRNewswire - Anodot, the business monitoring company, today announced that the United States Patent and Trademark Office has granted the company a patent for a new algorithm that vastly improves the speed and reduces the computational cost of its anomaly detection offering. The algorithm boosts the industry-leading (seasonal) ARIMA model for estimating anomalies in time series data, reducing runtime by 99.98% and slashing the expense of running the model by up to 80%, enabling Anodot to better protect its customers' bottom lines. Anodot utilizes a number of data analysis models to effectively monitor the vast amounts of data businesses generate today in order to safeguard customers' revenue, manage costs, and improve CX. While the ARIMA model is the most preferable due to its high accuracy, it is extremely slow, taking as long as 15 minutes for a single time series, rendering it too expensive to run at large scale. Enterprises implementing the model would be spending at least $125K per week– up to $6M per year. With Anodot's innovation, the model's run time is cut to 80 milliseconds – a reduction of nearly 5 orders of magnitude in both time and computational cost, making it realizable for anomaly detection at scale. The ability to accurately detect anomalies swiftly and economically is critical at a time when companies are feeling the pains of a strained economy and are looking to cut costs and reduce waste – whether across enterprise operations or in the cloud. "If data scientists tried to run standard anomaly detection on a 10 million time series, they'd be waiting 285 compute years for results," said Dr. Ira Cohen, Anodot co-founder and Chief Data Scientist. "All businesses today are powered by data, and it's our job to uncover any anomalies that point to holes that need plugging or issues that need fixing. We knew we had to find a better way to provide anomaly results to the data analysis teams we serve to help them get costs under control and protect their bottom line. This innovation will help them do just that, making the industry's best model feasible for anomaly detection across the enterprise." The new detection tool fits organically into Anodot's suite of BI tools, including the company's AI and ML-powered business intelligence monitoring platform, which helps organizations identify revenue-critical incidents. "This new patent is a milestone for Anodot customers and their frequently overburdened data teams," said David Drai, Anodot CEO and co-founder. "As businesses of every size generate more and more data, it becomes increasingly difficult to clearly see and understand the impact of every small part making the machine run. We're eager to see this lightning-fast solution in action."
July 7, 2022

GigaOm Radar Report Names Anodot as a Challenger and Fast Mover for FinOps Tools

ASHBURN, Va. July 7, 2022/PRNewswire/ -- Anodot, the business monitoring company, today announced that it has been named as a Challenger and Fast Mover in the 2022 GigaOm Radar for Evaluating Financial Operations (FinOps) Tools report. Anodot for Cloud Cost was ranked as exceptional in the key criteria categories of flexibility, scalability, AI to predict future spending, normalized billing across multiple cloud vendors, identification of cost optimization opportunities, and container and serverless computing. As companies increasingly digitize and shift to remote work, hybrid and multi-cloud infrastructures are increasingly becoming the norm. But runaway costs due to cloud blind spots, unmonitored growth, and unintended or unanticipated spending have emerged as a major challenge for enterprises across industries, especially as companies contend with today's economic uncertainty. The GigaOm Radar Report outlines issues, trends, and purchase considerations for prospective customers. It identifies key criteria and evaluation metrics for selecting a FinOps platform. The report also provides a forward-looking analysis that carefully plots the relative value and progression of the various FinOps solutions available on the market. "Anodot's inclusion in this analysis is a testament to the value we bring to the market and to the innovativeness of our technology," said David Drai, CEO and Co-Founder of Anodot. "The report highlights the need to make financial accountability a key part of organizations' response to uncontrolled cloud spending. At Anodot, we pride ourselves on providing augmented analytics that enable companies to do just that: Cut unnecessary cloud costs and eliminate waste. We are thrilled to be recognized for our bold strategy and proven track record for cloud intelligence." Anodot for Cloud Cost optimizes cloud usage while reducing cloud costs by monitoring cloud environments end to end – including an accurate breakdown of SaaS and Kubernetes costs. Additionally, its dynamic nature identifies continually updated services offered by cloud providers and new generations of servers and creates recommendations accordingly. The GigaOm Radar Report highlights how Anodot leads other vendors in the market in terms of the flexibility to manage new types of workloads and IT projects, as well as the scalability to meet global enterprise needs. Anodot for Cloud Cost customers include Amdocs, NICE, WhiteSource, Fiverr, and many others. "Anodot gives us visibility and control on cloud billing at a granularity we have never seen before," said Rubi Cohen, Cloud Manager at Amdocs. "The recommendations they generate save us a huge amount in our cloud bill." Anodot also stood out for its use of AI to predict costs based on historical trends and optimize costs beyond computing instance sizing. Moreover, it is a market leader in normalizing billing across cloud vendors, excelling at identifying cost reduction opportunities. "Anodot has demonstrated its impressive ability to visualize and optimize cloud costs. The granularity and speed-to-awareness of Anodot's solutions exceeds the market norm and, with regards to serverless and container spend, Anodot is one of a few vendors providing accuracy in forecasting for cloud workloads," said Michael Delzer, Cloud and Infrastructure Analyst at GigaOm. "We look forward to seeing Anodot continue to expand its capabilities and maintain momentum in the cloud industry." The full report can be viewed here. About Anodot Anodot is the business monitoring company that eliminates business blind spots by proactively monitoring business metrics, enabling companies to protect revenue and manage cost. Leveraging AI and ML, Anodot's augmented analytics proactively alert companies to revenue-critical business incidents and automates their remediation in real time. Anodot's Cloud Cost Management solution helps FinOps teams reduce cloud waste and manage costs in multi-cloud and Kubernetes environments, providing actionable recommendations that can cut up to 40% on annual cloud spend. Anodot is trusted by numerous Fortune 500 companies to help slash time to detection and resolution for revenue-critical issues by as much as 80%.
June 15, 2022

Deutsche Telekom Network Monitored By AI Solution from BENOCS and Anodot

BONN, Germany, June 15, 2022 /PRNewswire/ -- Leading telecommunications provider Deutsche Telekom Global Carrier has announced the implementation of a superior network monitoring solution. The new service is the result of the wholesale supplier's partnership with BENOCS and autonomous business monitoring company Anodot. Powered by AI, the service not only monitors the data on the network but also recognizes changes in traffic behavior and flow. It has significantly reduced costs and effort by allowing only relevant anomaly alerts to be received. At the same time, unnecessary alert noise has been eliminated. Carsten Bruns, Vice President Internet & Content Services from Deutsche Telekom Global Carrier, said, "Having been a satisfied BENOCS customer for a number of years now, we decided it was time to take the next monitoring step. The integration of Anodot's anomaly detection technology with BENOCS' comprehensive Flow Analytics has already saved us valuable time in identifying irregularities and rectifying network issues." "Telco service providers must process an immense amount of data from multiple sources to ensure optimal service across their complex network environments. By monitoring granular performance and fault data in real-time and providing automated insights, Anodot enables communications services providers to identify and resolve issues quicker. Alert noise will now be a thing of the past for Deutsche Telekom Global Carrier," said David Drai, CEO, Anodot. Stephan Schröder, CEO of BENOCS, added, "We are happy to have our biggest customer, Deutsche Telekom Global Carrier, on board to really put Anodot's anomaly detection to the test. We look forward to discovering just how much they benefit from its integration into their BENOCS analytics capabilities." Anodot's automated insights combine performance and fault monitoring to give communications service providers an end-to-end view for real-time detection of service-impacting incidents. Anodot autonomously learns the normal behavior of all business metrics and constantly monitors each metric in real-time. Its correlation engine connects anomalies across all data stacks, identifies events and contributing factors, and slashes time to detection and remediation of incidents. Deutsche Telekom Global Carrier is the first customer worldwide to install the joint BENOCS-Anodot solution for AI-powered anomaly detection into its IP-network monitoring system. About Deutsche Telekom Global Carrier Deutsche Telekom Global Carrier is the international wholesale division of Deutsche Telekom. We offer a comprehensive portfolio for all the needs of a rapidly transforming telco industry. One that is continually updated to provide fast, innovative solutions for future technologies and challenges. As one of the world's leading carriers, we are able to satisfy the requirements of Deutsche Telekom Group's international affiliates and more than 900 external customers worldwide. With more than 25 years of experience in the international wholesale communication market, Deutsche Telekom Global Carrier offers next-generation platforms, extensive networks, a global backbone, 360 degrees of security, tailor-made solutions, worldwide connectivity, and much more. For more information, please visit: globalcarrier.telekom.com or https://www.linkedin.com/showcase/deutsche-telekom-global-carrier/ About Deutsche Telekom: https://www.telekom.com/companyprofile About Anodot Anodot is the business monitoring company that eliminates business blind spots by proactively monitoring business metrics, enabling companies to protect revenue and manage cost. Leveraging AI and ML, Anodot's augmented analytics proactively alert companies to revenue-critical business incidents and automates their remediation in real time. Anodot's Cloud Cost Management solution helps FinOps teams reduce cloud waste and manage costs in multi-cloud and Kubernetes environments, providing actionable recommendations that can cut up to 40% on annual cloud spend. Anodot is trusted by numerous Fortune 500 companies to help slash time to detection and resolution for revenue-critical issues by as much as 80%. About BENOCS BENOCS GmbH – a spin-off of Deutsche Telekom – is a small company with big plans to revolutionize the way network traffic is managed. Their intelligent and fully automated solutions fit networks of any size and provide ISPs as well as CDNs strategic ways of coping with growing network traffic. With BENOCS Analytics, network operators, transit and wholesale carriers, Hosting and CDNs gain end-to-end visibility of their entire traffic flows. More information at www.benocs.com and on LinkedIn.
June 9, 2022

Snow Software and Anodot Partner to Transform Cloud Cost Management

The new strategic partnership provides organizations with powerful controls and insights into their cloud investments Stockholm and Austin, Texas – June 9, 2022 – Snow Software, the global leader in technology intelligence, and Anodot, the business monitoring company, today announced a new strategic partnership to help organizations solve the urgent challenge of managing rapidly growing and increasingly complex cloud costs. Snow and Anodot will bridge the disciplines of IT asset management (ITAM) and finance operations (FinOps) together to address evolving issues associated with cloud cost management. As cloud usage rises rapidly across industries, companies are increasingly struggling to attain complete visibility into their spend across technologies and across multi-cloud environments, Kubernetes costs, cost variability and allocation, and bill complexity, resulting in missed opportunities to reduce cloud waste and overspending. The two companies are committing significant go-to-market and research & development investments, leveraging core technologies in their portfolios – Snow Atlas and Anodot Cost – to address this acute market challenge. According to IDC, cloud spending will exceed $1.3 trillion by 2025. This spending includes everything from cloud infrastructure and application services to servers and storage, to professional and managed services. Cloud spending continues to surge, but organizations struggle to gain a complete picture of their cloud investment. While ITAM provides a view into the software used and FinOps helps organizations navigate the bill from their cloud service provider, there isn’t one holistic view available to leaders. Snow and Anodot are dedicated to solving this issue by offering a complete picture of cloud investments to every stakeholder across an organization that requires visibility of those resources from IT to FinOps to Engineering.  As a first step of the partnership, Snow is introducing a cloud cost management solution that enables granular cloud cost visibility and continuous cost monitoring for multi-cloud and Kubernetes environments—including Amazon Web Services, Microsoft Azure and Google Cloud Platform—and provides actionable savings recommendations. Snow Cloud Cost powered by Anodot offers an easy-to-use dashboard that enables attribution and tracking of costs across cloud providers, applications, services and lines of business in near real-time. The solution also provides accurate forecasting, anomaly detection and alerts, which eliminate cost spikes and foster a successful FinOps culture.  “We believe the traditional approach to managing cloud costs is no longer sufficient, and it’s time to address the next evolution of cloud cost issues,” said Vishal Rao, President and CEO of Snow. “Organizations that struggle to manage their investments often end up paying for more than they need.  With our combined expertise, Snow and Anodot are uniquely positioned to make an immediate and meaningful impact to an organization’s cloud investment because we are bringing together two key disciplines – ITAM and FinOps. Snow has a long history of providing organizations actionable insight into technology investments that goes beyond IT asset management, what we call technology intelligence. With this partnership, we are bringing technology intelligence to cloud cost management to give our customers more control, more visibility and more decision-making power over their cloud investments.” Snow’s vision for technology intelligence enables organizations to accelerate data-driven decision making by providing complete visibility into all technology within their organization, combined with built-in intelligence to optimize cost, usage and risk. To make this vision a reality, Snow is broadening its ecosystem of technology partners that will bring the highest quality data and insight from all technology domains into the Snow Atlas platform. Anodot is joining this expanding ecosystem, bringing their machine learning backed business monitoring expertise. “Businesses across the board understand the need to cut expenses in this delicate period, and cloud costs are a significant part of this,” said David Drai, CEO and Co-founder of Anodot. “Yet as investment in cloud services swells, we are seeing a new era of complexities that requires a different approach. The need to address this evolving challenge has led to a sharp rise in demand for our cloud cost management tools, which Snow has recognized. The sum of our joint expertise is far greater than its parts, and we are excited about the ways this joint solution will help businesses across industries get a handle on their cloud management and costs.” FinOps, an evolving cloud financial management discipline and cultural practice, is increasingly adopted by organizations around the world. With more than 1,500 company members and 5,300 individual members, the FinOps Foundation is dedicated to advancing people who practice the discipline of cloud financial management through best practices, education and standards. Snow has been an active member of the FinOps Foundation since July 2021 and currently has more than 35 FinOps certified team members across Sales, Product and Support. As cloud requirements continue to evolve, especially in FinOps, Snow is committed to contributing to FinOps Foundation working groups to collectively address cloud cost management issues with other industry leaders. For further details about the Snow-Anodot partnership and to preview what’s ahead in cloud cost management, find Snow at FinOps X, the FinOps Foundation event in Austin, Texas on June 20-21, or visit the Snow Blog to learn how you can build a bridge between ITAM and FinOps.    About Snow Software Snow Software is changing the way organizations understand and manage their technology consumption. Our technology intelligence platform provides comprehensive visibility and contextual insight across software, SaaS, hardware and cloud. With Snow, IT leaders can effectively optimize resources, enhance performance and enable operational agility in a hybrid world. To learn more, visit www.snowsoftware.com.    About Anodot Anodot is the business monitoring company that eliminates business blind spots by proactively monitoring business metrics, enabling companies to protect revenue, and manage cost. Leveraging AI and ML, Anodot’s augmented analytics proactively alert companies to revenue-critical business incidents and automates their remediation in real time. Anodot’s Cloud Cost Management solution helps FinOps teams reduce cloud waste and manage costs in multi-cloud and Kubernetes environments, providing actionable recommendations that can cut up to 40% on annual cloud spend. Anodot is trusted by numerous Fortune 500 companies to help slash time to detection and resolution for revenue-critical issues by as much as 80%.   Snow PR Contacts: Rachel Austin Snow Software [email protected]  Caitlin Noll PAN Communications [email protected]    Anodot PR Contact: Allison Grey Headline Media [email protected]
April 27, 2022

Anodot Expands Leadership Team, Promoting Amit Levi to Chief Marketing Officer

Levi's vast expertise in marketing and product will help bolster company's global exposure Originally published in PRNewswire on April 27, 2022 Ashburn, VA -- Anodot, the business monitoring company, today announced that Amit Levi has been promoted to the position of Chief Marketing Officer. Levi, who was appointed following four years as VP Growth and Marketing, has over 15 years of experience in the fields of marketing, product, and data. In his role as CMO, Levi will continue to spearhead Anodot's global marketing strategy, help drive company growth, and further develop Anodot's international brand. "Throughout my career as a data expert, I dreamed of building what we've built here at Anodot," said Levi, incoming CMO of Anodot. "Giving customers the ability to autonomously monitor the two main pillars of their business – costs and revenue – helps them leapfrog ahead of competitors and grow their business effectively. I am excited to be part of such an extraordinary team and to take on new responsibilities and challenges within Anodot, especially at this pivotal moment of growth for the company." Prior to joining Anodot, Levi served as VP of Product Management and Analytics for Yokee Music and VP of Product for CoolaData, where he gained invaluable experience leveraging data to drive bottom-line outcomes. "Amit embodies Anodot's vision and has been essential to the company's growth over the past four years. Together, we have built a company that is powering the future of business intelligence as we know it," said David Drai, CEO and Co-Founder of Anodot. "Anodot's technology is a key driver in augmented analytics. We are delighted to have Amit as part of the executive team as we continue to provide unparalleled value for our customers – giving them real-time insights to proactively tackle critical revenue and cost-related issues." About Anodot Anodot is the business monitoring company that eliminates business blind spots by proactively monitoring business metrics, enabling companies to protect revenue, manage costs, and improve customer experiences. Leveraging AI and ML, Anodot's augmented analytics proactively alert companies to revenue-critical business incidents and automate their remediation in real time. The company's Cloud Costs solution provides accurate monitoring and forecasting as well as savings recommendations that cut up to 40% on annual cloud spend. Founded in 2014 by David Drai, Ira Cohen, and Shay Lang, Anodot is trusted by numerous Fortune 500 companies to help slash time to detection and resolution for revenue-critical issues by as much as 80%.
April 12, 2022

Vodafone Selects Anodot for Faster Detection and Resolution of Network Interruptions to Further Improve Customer Experience

Anodot's AI- and ML-powered autonomous network and services monitoring platform will help optimise Vodafone New Zealand's network performance visibility to maximise service uptime Originally published in PRNewswire on April 12, 2022 Vodafone New Zealand has selected Anodot, the autonomous business monitoring company, to transform network performance visibility to improve customer experience. Through advanced anomaly detection, Anodot will help Vodafone identify, diagnose, and resolve potential service interruptions that result in a loss of connectivity, ideally before customer service is impacted. Vodafone operates approximately three million connections for consumer and business customers across Aotearoa New Zealand, with a mobile network that covers 98.5% of the country's population. On any given month, Vodafone customers consume around 1.1 billion mobile and fixed line phone minutes, while using over 26PB (which is 26million GB) of mobile data and 166PB (which is 166million GB) of fixed line data. Due to the vast amount of data Vodafone New Zealand must monitor and analyse to ensure service uptime, it uses Anodot's dynamic AI-driven monitoring technology to distill billions of data events into single, scored, network operations alerts. These high-fidelity alerts enable Vodafone New Zealand's network operations teams to immediately know when customer experience has begun to degrade and to quickly determine why it's happening, so incidents can be resolved with minimal impact to network and service uptime. "We know how important reliable connectivity is to New Zealanders, so it's ideal if we can detect and resolve potential service issues wherever possible before our customers experience interruptions," said Tony Baird, Head of Wholesale & Infrastructure, Vodafone of New Zealand. "Anodot's ability to analyse the high volumes of data that we generate daily allows us to identify in real-time the business-critical anomalies in our network, to enable our teams to maintain consistent operations in order to deliver an enhanced customer experience. While there will inevitably be unexpected weather occurrences or third-party connectivity issues such as power outages to cell sites or construction activity that damage underground cables, Anodot provides another layer of defence so we can better detect network occurrences and keep our customers connected wherever possible," continued Baird. "Telco service providers like Vodafone New Zealand must generate and process a vast amount of data from multiple sources to ensure service uptime across their complex network environments," said Amir Kupervas, Telecom Managing Director, Anodot. "Anodot monitors granular performance and telemetry data in real-time across the entire telco stack from all network types, layers and domains, allowing communications service providers (CSPs) to understand what is happening across their networks. These capabilities will give Vodafone New Zealand full visibility into service degradation incidents and provide the swift time-to-resolution its customers require." Anodot's easy-to-use anomaly detection technology combines performance and fault monitoring to give CSPs an end-to-end view for real-time detection of service-impacting incidents. Anodot immediately learns the normal behavior of all business metrics and constantly monitors each metric in real-time. Its correlation engine connects anomalies across all data stacks, identifies events and contributing factors, and slashes time to detection and remediation. For more information on Anodot's network performance monitoring, please click here. For real time information about Vodafone's network and customer impacting events, please visit www.vodafone.co.nz/help/network-status/ About Vodafone New ZealandVodafone New Zealand is one of Aotearoa's leading connectivity companies and we offer a range of broadband, mobile and technology products. We believe every New Zealander will thrive with access to the world's best digital services and network technology. We maintain almost three million connections to consumer, business and public sector customers, as well as partner with world-leading brands to offer best-in-class ICT services to organisations in Aotearoa and beyond. Vodafone New Zealand is owned by Infratil and Brookfield Asset Management and we are now a partner market in the Vodafone Group, one of the world's largest telecommunications companies. For more information, please visit www.vodafone.co.nz About AnodotAnodot's Business Monitoring platform uses machine learning to constantly analyze and correlate every parameter of a business, providing real-time anomaly alerts and forecasts in context. Fortune 500 companies – from digital businesses to telecoms – trust Anodot's patented technology to reduce time to detection and resolution for revenue-critical issues by as much as 80 percent. Anodot is headquartered in Virginia and Israel, with sales offices worldwide. To learn more, follow Anodot on LinkedIn and Twitter.
March 30, 2022

Altice Portugal Selects Anodot to Advance Innovation and Deliver an Unmatched Customer Experience

Anodot's autonomous monitoring capabilities will help Altice optimize its network and content platforms for industry-leading service levels Originally published in PRNewswire on March 30, 2022 ASHBURN, VA -- Today, Anodot, the autonomous business monitoring company, announced that Altice Portugal, the largest telecommunications service provider in Portugal, has selected the company to help alleviate critical issues such as availability and reliability of service while positively impacting operational costs, brand reputation and overall customer experience. Altice Portugal is a global telco and multimedia operator that extends its value proposition across all telco segments including fixed line, mobile, multimedia, data and business solutions. The company is focused on innovation and execution to meet the growing needs of today's complex digital consumer. As such, Altice has made significant investments to enhance the overall customer experience and has selected Anodot to autonomously monitor their network and services for customers, including IPTV and video streaming platforms. "Today, telco service providers are faced with increasingly complex network environments that generate vast amounts of data from multiple sources," said Amir Kupervas, Telecom Managing Director, Anodot. "This reality has created challenges for CSPs to provide the best possible service experience. The goal here is to improve overall efficiency and provide flawless service." Anodot helps telco service providers maintain top quality network performance with autonomous monitoring. Anodot tackles operational network and service issues in real-time, helping eliminate complexity and reducing the time to detect and resolve any potential network and service failures. To help Altice deliver the highest quality service for voice, data and video at all times, Anodot will provide real-time updates on potential experience degradation before customers are impacted. "Altice Portugal aims for the highest standards of service quality and customer experience. In this sense, it is essential to be able to anticipate divergent behavior on our service platforms, so that we can act in a timely manner ensuring that our customers are not affected," stated José Pedro Nascimento, Network, Engineering and Operations Director, from Altice Portugal. "We now rely on Anodot to help us with this goal." For more information on how Anodot helps CSPs with network performance monitoring, please click here. About Anodot Anodot's Business Monitoring platform uses machine learning to constantly analyze and correlate every parameter of a business, providing real-time anomaly alerts and forecasts in context. Fortune 500 companies – from digital businesses to telecoms – trust Anodot's patented technology to reduce time to detection and resolution for revenue-critical issues by as much as 80 percent. Anodot is headquartered in Virginia and Israel, with sales offices worldwide. To learn more, follow Anodot on LinkedIn and Twitter. About Altice Market leader, Altice Portugal operates in all segments of the ICT sector: fixed, mobile, television, multimedia, data, advertising, data center and cloud, as well as business solutions, providing an integrated telecommunication offering with Telco, ICT and BPO. Altice Portugal is part of Altice Europe, an international group strongly anchored in robust infrastructure with high quality, with a clear content strategy and innovative offers of converged telecommunications services.
March 7, 2022

Anodot Partners with Snowflake’s Data Cloud to Power AI Analytics and Monitor Business Data

Anodot Partners with Snowflake’s Data Cloud to Power AI Analytics and Monitor Business Data Originally published in Business Wire on March 7th ASHBURN, VA - Anodot today announced that it has joined Snowflake’s Partner Network. The partnership will enable joint customers to gain real-time and actionable insight into data collected in Snowflake, the Data Cloud company platform. Anodot and Snowflake are extracting maximum value from the world’s data with Snowflake’s Data Cloud, helping joint customers leverage AI-based analytics and business monitoring to quickly analyze, optimize, and monetize all business data. According to Forrester Research, between 60 and 73 percent of all data within an enterprise goes unused for analytics, which puts them at a competitive disadvantage at a time when real-time, actionable insights are critical to protecting revenue and improving customer experience. The power of this partnership enables enterprises to monitor high-volume, high-frequency data, uncovering important insights for customers in data-intensive industries including fintech, telecommunications, ad-tech, e-commerce, and gaming. For example, Ask Media Group uses Anodot’s integration with Snowflake to autonomously monitor a high volume of metrics across 50 domains and receive real-time alerts on critical incidents related to online ads, where delays negatively impact revenue. The Snowflake Partner Network unlocks the potential of the Data Cloud with a broad array of tools and partners. Certified partnerships and integrations enable customers to leverage Snowflake’s flexibility, performance, and ease of use to deliver more meaningful data insights. “Snowflake has solved the data collection challenge for over 5,000 global customers and now it is time to analyze that business data in real time,” said Anodot Co-founder and CEO David Drai. “This will help customers leverage and monetize data in a fully optimized manner, accessing new insights in real time to make better business decisions faster and with greater assurance.” "Our collaboration with Anodot allows our joint customers to analyze business data significantly faster,” said Tarik Dwiek, Head of Technology Alliances, Snowflake. “Anodot makes analyzing data in Snowflake more efficient for organizations, thereby generating a more immediate and meaningful return-on-investment.” About Anodot Anodot’s Business Monitoring platform uses machine learning to constantly analyze and correlate every business parameter, providing real-time anomaly alerts and forecasts in their context. Fortune 500 companies, from digital business to telecom, trust Anodot’s patented technology to reduce time to detection and resolution for revenue-critical issues by as much as 80 percent. Anodot is headquartered in Virginia and Israel, with sales offices worldwide. To learn more, follow Anodot on LinkedIn and Twitter.