Cisco Systems, Inc. (NASDAQ:CSCO)’s company named AppDynamics reported that it has recognized as a leader in Gartner’s Magic Quadrant. This recognition comes to company for the sixth successive year, and this time it’s for Application Performance Monitoring Suites. The company has been also included in the top 15 vendors on the ability to deploy axis.
Cisco reported that AppDynamics is its Application Intelligence company. AppDynamics helps enterprises to get real-time insights into user performance, business performance and application performance. This is a unique way for companies to make their mark in an increasingly sophisticated, software-led world.
AppDynamics has built its integrated suite of applications on unique, enterprise-based App iQ Platform. This helps clients to make quick decisions that improve business and operational performance as well as enhance customer engagement. The enterprise is uniquely positioned to support enterprises to boost their digital transformations by actively analyzing, optimizing and monitoring complex application setups at scale.
Cisco reported that the latest recognition highlights AppDynamics’ understanding of what firms need to be successful as they design their businesses to fulfill customer anticipations for latest, always-on services. It reflects company’s support in boosting AppDynamics’ capability to address the market on an international scale.
In unrelated news, it was reported that Cisco partnered with Verizon to simplify its network and improve user experience with better mobility, security and storage. The two firms have successfully performed test of former’s hybrid open-source ICN software at a Verizon lab in MA. Hybrid networking has been getting popular since last few years. Even other companies in the same segment are now offering hybrid networking options to help businesses lower costs and simplify their network management.
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More recently, BMO Capital’s Tim Long reiterated a “Market Perform” rating on stock of Cisco, mentioning that the firm’s move to recurring revenue is quite slow for his taste.