Evolven

Evolven

Type	Private
Industry	Information Technology
Founded	2007
Headquarters	2500 Plaza 5, 25th floor Harborside Financial Center Jersey City, New Jersey, United States
Key people	Alexander (Sasha) Gilenson (Founder and CEO)
Products	Blended Analytics Software
Website	www.evolven.com

Evolven is a technology company that provides IT Operations Analytics (ITOA) solutions for enterprise businesses. Founded in 2007,^[1] Evolven is headquartered in Jersey City, New Jersey, USA,^[2] with offices in Europe and Israel. Evolven sells enterprise software that apply the IT Operations Analytics (ITOA) approach, offering "change centric, blended analytics." This means that once the system has learned from examining the systems, their operational logs and the current state, it's then possible to apply machine learning/analytics to evaluate changes made to the environment.^[3]

History

Evolven was founded in 2007 by Mercury Interactive (acquired by HP in 2007^[4]) veteran, Alexander (Sasha) Gilenson,^[5] and is majority owned by Pitango Venture Capital^[6] and Index Ventures. On May 13, 2013, Evolven announced integration with ServiceNow products.^[7] In September 2014, Evolven received integration certification from ServiceNow.^[8] In July 2015, Evolven Software announced their latest IT Operations Analytics (ITOA) software release, dubbed Evolven Blended Analytics.^[9]

Technology

Evolven applies the principles of IT Operations Analytics to their Blended Analytics solution, correlating symptoms, IT Context data with changes - the true root cause of performance and availability incidents. Evolven's Analytics Engine also performs data cleansing, correlation to prepare high volumes of diverse, cross silo data for analysis.^[10] Gartner reported that "The volume and variety of data required to monitor and manage complex IT systems has grown exponentially, which increases the need for new technologies to ingest, store and analyze the data."^[11] The Evolven system extends IT Operations visibility and addresses the central questions facing IT operations management about the true root cause of a problem. This allows IT staff to gain insights needed to prevent and troubleshoot flaws.^[12]

Industry Recognition

• 10 Most Promising Banking Analytics Solution Providers 2015^[13]
• 20 Most Promising Data Center Solution Providers 2015^[14]
• 2015 TIE50 Top Start-up^[15]
• Finalist for the 2014 Red Herring 100 Global Award, 2014 ^[16]
• Gartner Cool Vendors in IT Operations Management, 2013^[17]
• Ovum SWOT Assessment: Evolven^[18]
• 2013 Red Herring Top 100 North America^[19]

External links

• Software Magazine Better Performance, Faster Innovation: Analytics enable IT and business to work better together (June 6, 2015)
• Virtualization Review Change-Centric, Blended Analytics (April 2, 2015)
• Tech Republic IT Operations Analytics: The driving factors that are making it 'spread like wildfire' (October 8, 2014)
• SearchDataCenter On-premises build offers better data center costs, security and control (October 2013)
• CIO Insight IT Challenged by Lack of Operational Visibility (June 14, 2013)

References

1. Matteson, Scott (November 2013). "Change management using Evolven’s IT Operations Analytics". TechRepublic. Retrieved 19 November 2013.
2. Berzle, Rick (October 2013). "Control and Agility in IT: An Interview with Evolven's Sasha Gilenson". BSM Review. Retrieved 1 October 2013.
3. Kusnetzky, Dan (April 2015). "Change-Centric, Blended Analytics". Virtualization Review. Retrieved 2 April 2015.
4. O'Brien, Chris (April 2010). "HP's acquisitions cement company's No. 1 status". San Jose Mercury News. Retrieved 30 November 2011.
5. "Sasha Gilenson". Bloomberg. Retrieved 12 Jan 2011.
6. "Pitango Venture Capital and Index Ventures make additional investment in Evolven Software". Global Fund Media. May 12, 2011. Retrieved 12 May 2011.
7. Fellows, William (June 6, 2013). "Evolven adds integration with ServiceNow to its change management software". 451 Research. Retrieved 6 June 2013.
8. "Evolven ITOA Receives Integration Certification from ServiceNow". APM Digest. Retrieved 10 September 2014.
9. "19 Big Data and Analytics Developments To Track". Information Management. Retrieved 14 July 2015.
10. "Evolven's Blended Analytics Solution Delivers Efficient Operational Insight". CIO Review. July 11, 2015. Retrieved 11 July 2015.
11. Will Cappelli (September 30, 2013). "Data Growth Demands a Single, Architected IT Operations Analytics Platform". Gartner. Retrieved 30 September 2013.
12. "Blended Analytics: Next Generation ITOA technology". Banking CIO Outlook. June 10, 2015. Retrieved 10 June 2015.
13. "10 Most Promising Banking Analytics Solution Providers 2015". CIO Banking Analytics. June 2, 2015. Retrieved 2 June 2015.
14. "20 Most Promising Data Center Solution Providers 2015". CIO Review. June 5, 2015. Retrieved 5 June 2015.
15. "2015 TIE50 Top Start-up". TiE Silicon Valley. May 15, 2015. Retrieved 15 May 2015.
16. "2014 Red Herring Global: Finalists". Red Herring. November 1, 2014. Retrieved 1 Nov 2014.
17. Will Cappelli; Jeffrey M. Brooks; Patricia Adams; Ronni J. Colville; Milind Govekar; Jarod Greene; Tapati Bandopadhyay (April 18, 2013). "Cool Vendors in IT Operations Management, 2013". Gartner. Retrieved 18 April 2013.
18. Adam Holtby (May 6, 2013). "SWOT Assessment: Evolven". Ovum. Retrieved 6 May 2013.
19. "2013 Top 100 North American Winners". Red Herring. May 28, 2013. Retrieved 28 May 2013.