Company:ScienceLogic

From HandWiki
ScienceLogic, Inc.
TypePrivate
IndustryIT Management
AIOps
Founded2003
Headquarters
Reston, Virginia
,
United States of America
Area served
Worldwide
Key people
David Link (CEO)[1]
Richard Chart (Chief Scientist & co-founder)

ScienceLogic is a software and service vendor. It produces information technology (IT) management and monitoring software for IT Operations and cloud computing.[2]

Product

The company's flagship product, SL1, is a singular infrastructure monitoring and AIOps platform that provides operations teams with actionable insights to predict, detect, and resolve IT problems faster. It works by performing discovery, dependency mapping, monitoring, alerting, ticketing, workflow automation, dashboarding, and reporting for the cloud, networks, compute, storage, and applications.[3]

The ScienceLogic SL1 platform monitors both on-premises and cloud-based IT assets, enabling customers who use public cloud services, such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud to manage hybrid and multi-cloud workloads.[4] SL1 deployment models support on-premises and SaaS-based options.

History

ScienceLogic was founded in Reston, Virginia, in 2003 by David Link, Christopher Cordray, and Richard Chart. The company tripled its revenue growth year-over year,[5] and had triple digit growth from 2005-2007.[6]

In 2008, ScienceLogic posted $5.9M in revenue.[7] That same year, Inc. Magazine placed ScienceLogic on its annual list of America's 500 Fastest Growing Private Companies at #350, also including it as #42 in the Top 100 IT Services Companies.[8] In 2009, the company's position on the list was #490.[9]

In 2010, ScienceLogic received $15 million in Series A funding from New Enterprise Associates.[10] Two years later, ScienceLogic raised an additional $15 million in funding from Intel Capital.[11] In 2015, ScienceLogic received $43 million in Series D funding, led by Goldman Sachs In 2016, ScienceLogic announced the acquisition of AppFirst.

Following the launch of the SL1 product line in 2018, which by the company and its partners said was the industry's first context-infused AIOps platform,[12] ScienceLogic received $25 million in growth financing from Square 1 Bank.

In 2020, ScienceLogic updated its platform to include behavioral correlation, an artificial intelligence/machine learning approach for IT in diagnosing and remediating service disruptions.[13]

Reception

  • ScienceLogic ranked on Deloitte’s Technology Fast 500™ Deloitte Technology Fast 500 in 2009,[14] 2016, and 2018.
  • ScienceLogic was recognized by Forrester as a leader in “The Forrester Wave™: Intelligent Application and Service Monitoring, Q2 2019.”
  • In 2019, ScienceLogic was named the #3 AIOps global vendor by Research in Action.
  • In 2020, ScienceLogic was named one of the “20 Coolest Cloud Management and Migration Companies of the 2020 Cloud 100.”
  • In 2020, ScienceLogic earned two “Top Rated Awards” from TrustRadius for System Monitoring[15] and IT Infrastructure Monitoring.[16]
  • In Q4 of 2020, ScienceLogic was named an AIOps leader in The Forrester Wave: Artificial Intelligence for IT Operations category.[17]
  • In September of 2020, Enterprise Management Associates (EMA) released its AIOps Radar Report, naming ScienceLogic SL1 a leader in AIOps. [18]
  • In December 2020, ScienceLogic celebrated its fourth achievement as an NVTC Tech 100 Honoree.[19]
  • In January 2021, ScienceLogic kicked off the year with a hiring blitz and plans for expansion. [20]
  • In February 2021, ScienceLogic raised $105 million in Series E funding. [21]
  • In June 2021, ScienceLogic opened its Taiwan headquarters to further support its international customer base. [22]
  • In January 2022, ScienceLogic hired nearly 200 people in the coming months—boosting ranks again after a 30% headcount increase last year—to support investments in revenue teams, customer success, global expansion, and product development. [23]
  • In September 2021, ScienceLogic acquired the network configuration and change management vendor, Restorepoint. [24]
  • In May 2022, ScienceLogic earned eight 2022 TrustRadius Top Rated Awards in the AIOps, Application Performance Management (APM), Event Monitoring, IT Infrastructure Monitoring, IT Operations Analytics, Network Monitoring, Observability, and System Monitoring software categories. [25]

References

  1. ↑ Leadership http://www.sciencelogic.com/company/leadership
  2. ↑ MarketWatch “ScienceLogic Expands Management Team to Propel Corporate Growth.” June 21, 2011.
  3. ↑ ScienceLogic.com "http://www.sciencelogic.com/product" IT Monitoring Software
  4. ↑ ScienceLogic.com "http://www.sciencelogic.com/product/cloudmapper"
  5. ↑ ScienceLogic Press Release "http://ww2.sciencelogic.com/news-events/press-releases/2006/ScienceLogic-More-Than-Triples-Its-Growth-in-2005/999" ScienceLogic More Than Triples Its Growth in 2005
  6. ↑ ScienceLogic Press Release "http://ww2.sciencelogic.com/news-events/press-releases/2007/ScienceLogic-Announces-Third-Straight-Year-of-TripleDigit-Growth/990" ScienceLogic Announces Third Straight Year of Triple-Digit Growth
  7. ↑ TechCrunch "https://techcrunch.com/2010/04/06/sciencelogic-raises-15-million-for-cloud-and-data-center-monitoring-services/" ScienceLogic Raises $15 Million for Cloud And Data Center Monitoring Services
  8. ↑ http://www.inc.com "http://www.inc.com/inc5000/2008/company-profile.html?id=200803500" Company Profile: ScienceLogic
  9. ↑ http://www.inc.com "http://www.inc.com/inc5000/2009/company-profile.html?id=200904900" Company Profile: ScienceLogic
  10. ↑ TechCrunch "https://techcrunch.com/2010/04/06/sciencelogic-raises-15-million-for-cloud-and-data-center-monitoring-services/" ScienceLogic Raises $15 Million for Cloud And Data Center Monitoring Services
  11. ↑ ScienceLogic Press release "http://www.sciencelogic.com/news-and-events/press-releases/sciencelogic-raises-15-million-led-intel-capital-names-technology" ScienceLogic Raises $15 Million Led by Intel Capital
  12. ↑ "Helping customers get the most out of ScienceLogic AIOps". 24 July 2018. https://www.streamlinepartners.com.au/news/helping-customers-get-the-most-out-of-sciencelogic-aiops/. 
  13. ↑ "ScienceLogic Introduces Behavioral Correlation". 21 April 2020. https://www.apmdigest.com/sciencelogic-introduces-behavioral-correlation. 
  14. ↑ http://www.deloitte.com "http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/TMT_us_tmt/us_tmt_Fast500winnersbyrank_101509.pdf" Deloitte's 2009 Technology Fast 500 Ranking
  15. ↑ System Monitoring Software "https://www.trustradius.com/system-monitoring#toprated"
  16. ↑ IT Infrastructure Monitoring Tools "https://www.trustradius.com/it-infrastructure-monitoring#toprated"
  17. ↑ "ScienceLogic Named AIOps Leader in Premier Industry Analysis". 3 November 2020. https://devops.com/sciencelogic-named-aiops-leader-in-premier-industry-analysis/. 
  18. ↑ "ScienceLogic Again Leads in Latest AIOps Report". 10 September 2020. https://sciencelogic.com/blog/sciencelogic-again-leads-in-latest-aiops-report. 
  19. ↑ "Northern Virginia Technology Council Announces the 2020 Tech 100 Honorees". https://www.nvtc.org/NVTC/News/News_Articles/Northern_Virginia_Technology_Council_Announces_the_2020_Tech_100_Honorees.aspx. 
  20. ↑ "ScienceLogic Kicks Off 2021 with Hiring Blitz". https://sciencelogic.com/press_release/sciencelogic-kicks-off-2021-with-hiring-blitz-expansion-plans. 
  21. ↑ "ScienceLogic Raises $105 Million in New Financing to Accelerate Leadership in Growing AIOps Market". https://sciencelogic.com/press_release/sciencelogic-raises-105-million-in-aiops-market. 
  22. ↑ "ScienceLogic Targets IT Skills Gap with product Fluency Services". https://sciencelogic.com/press_release/sciencelogic-targets-it-skills-gap-with-product-fluency-services. 
  23. ↑ "ScienceLogic Rides AIOps' Surge with Banner Year". https://sciencelogic.com/press_release/sciencelogic-rides-aiops-surge-with-banner-year-2022-expansion. 
  24. ↑ "ScienceLogic Acquires RestorePoint, Expanding Portfolio into NetOps & SecOps Domains". 30 September 2021. https://sciencelogic.com/blog/sciencelogic-acquires-restorepoint-expanding-portfolio-into-netops-secops-domains. 
  25. ↑ "ScienceLogic Earns 2022 TrustRadius Top Rated Awards in Eight Categories". https://sciencelogic.com/press_release/sciencelogic-earns-2022-trustradius-top-rated-awards-in-eight-categories. 



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