NETSCOUT Addresses the Need for High-Quality AI-Ready Data to Train AI Models and Power AIOps for Better Business Outcomes

Rhea-AI Summary

NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has announced a new initiative to deliver high-quality AI-ready data for enhancing AI and AIOps solutions. The company's Omnis™ AI Insights provides actionable network telemetry data to support critical AI use cases across various sectors. NETSCOUT's solution aims to address the need for high-fidelity, enriched, and curated data mapped to unique enterprise requirements.

The company is collaborating with partners like Cisco, Palo Alto Networks, ServiceNow, and Splunk to integrate its data and deliver insights for better business outcomes. NETSCOUT's approach involves generating granular telemetry at scale and curating it into targeted feeds, which can be easily ingested into data lakes and AIOps platforms for analytics and visualization.

Positive

• Introduction of Omnis™ AI Insights, providing high-quality AI-ready data for enhanced AI and AIOps solutions
• Collaboration with major tech partners like Cisco, Palo Alto Networks, ServiceNow, and Splunk for data integration
• Potential for improved decision-making and optimized user experience through enterprise-grade intelligence

Negative

• None.

Insights

Market Research Analyst

NETSCOUT's new initiative to provide high-quality AI-ready data for AIOps solutions addresses a critical need in the enterprise tech market. This move could potentially strengthen NETSCOUT's market position in the rapidly growing AIOps sector. The company's collaboration with major players like Cisco, Palo Alto Networks and ServiceNow indicates a strategic expansion of its ecosystem, which could lead to increased market penetration and revenue streams.

However, the impact on NETSCOUT's stock (NASDAQ: NTCT) may be in the short term, as the announcement doesn't include specific financial projections or contract details. Long-term prospects look promising if NETSCOUT can effectively capitalize on the growing demand for AI-ready data in enterprise IT operations. Investors should monitor future earnings reports for tangible results from this initiative.

Tech Expert

NETSCOUT's Omnis™ AI Insights represents a significant technological advancement in the AIOps space. The ability to provide curated, high-fidelity data that's immediately usable for AI/ML processes addresses a major pain point for enterprises implementing AIOps solutions. This could potentially reduce implementation times and improve ROI for NETSCOUT's clients.

The emphasis on data quality over quantity is particularly noteworthy. By focusing on producing targeted, information-rich datasets, NETSCOUT is positioning itself as a key enabler of effective AI-driven IT operations. This approach could give NETSCOUT a competitive edge in the crowded observability and AIOps market, potentially leading to increased market share and customer retention.

New Solution Fuels AI/ML Processes with Actionable Data to Enhance Service Performance

WESTFORD, Mass.--(BUSINESS WIRE)-- NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS attack protection solutions, today announced a new initiative designed to deliver the valued data needed to secure better outcomes from artificial intelligence (AI) and AIOps solutions. As enterprises increase observability for AIOps, they require high-fidelity, enriched, and curated data mapped to their unique requirements. NETSCOUT is working across its growing partner ecosystem, including Cisco, Palo Alto Networks, ServiceNow, Splunk, and others, to integrate its high-quality AI-ready data and deliver the insights needed to drive better business outcomes and elevate user effectiveness.

NETSCOUT generates granular telemetry at scale and curates it into targeted feeds, producing an information-rich dataset designed to address critical use cases. NETSCOUT’s data can be easily ingested into data lakes and other AIOps platforms, where it can be enriched and combined with other datasets for analytics and visualization, resulting in higher-quality behavioral classifications, predictions, and automation.

“As organizations automate their IT environments to scale operations, they need enterprise-grade intelligence to improve decision-making and optimize the user experience,” said Stephen Elliot, group vice president of I&O, Cloud Operations, and DevOps at IDC. “Technology leaders must consider the value of service reliability and resiliency they can receive by filtering the appropriate metadata, session data, and IP intelligence necessary for critical AIOps and security use cases.”

Delivering Data Insights at AI Scale

To provide high-quality AI-ready data that mitigates the risks IT teams face from an overload of unusable or ineffective data, NETSCOUT has introduced Omnis™ AI Insights. It delivers precise, actionable network telemetry data that feeds customer AI initiatives to enable critical outcomes without requiring data transformations and adaptations, including:

• identifying and correlating observability trends
• streamlining and automating data analysis
• uncovering historical operational patterns
• detecting unforeseen issues and security risks that could lead to future service outages and data breaches

“NETSCOUT is built around deep packet inspection, so we understand the value of transforming raw packet data into actionable intelligence at scale,” stated Bruce Kelley, chief technology officer at NETSCOUT. “As customers accelerate their IT operations using AI, our expanded end-through-end visibility and open data model is critical to assuring better business outcomes and elevating user effectiveness.”

Data intelligence, produced and curated at the source for AI platforms, is imperative for AI use cases across multiple sectors, including healthcare, communication service providers, financial services, insurance, manufacturing, energy and utilities. NETSCOUT’s high-quality AI-ready data allows models to converge and generalize without dealing with extraneous data that blurs or impairs outcomes.

Visit our website to learn more about our partner ecosystem and unique data intelligence solutions.

About NETSCOUT
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) protects the connected world from cyberattacks and performance and availability disruptions through its unique visibility platform and solutions powered by its pioneering deep packet inspection at scale technology. NETSCOUT serves the world’s largest enterprises, service providers, and public sector organizations. Learn more at www.netscout.com or follow @NETSCOUT on LinkedIn, X, or Facebook.

©2024 NETSCOUT SYSTEMS, INC. All rights reserved. Third-party trademarks mentioned are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240815155090/en/

Editorial Contacts:

Chris Lucas

NETSCOUT Systems, Inc.

+1 978-614-4124

chris.lucas@netscout.com

Chris Shattuck

Finn Partners for NETSCOUT

+1 404 502 6755

NETSCOUT-US@FinnPartners.com

Source: NETSCOUT SYSTEMS, INC

FAQ

What is NETSCOUT's new initiative for AI-ready data called?

NETSCOUT's new initiative for delivering high-quality AI-ready data is called Omnis™ AI Insights.

How does NETSCOUT (NTCT) generate data for AI and AIOps solutions?

NETSCOUT generates granular telemetry at scale and curates it into targeted feeds, producing an information-rich dataset designed to address critical use cases.

Which partners is NETSCOUT (NTCT) working with for its AI data integration?

NETSCOUT is working with partners including Cisco, Palo Alto Networks, ServiceNow, and Splunk to integrate its high-quality AI-ready data.

What are the key benefits of NETSCOUT's (NTCT) AI-ready data solution?

NETSCOUT's solution helps identify observability trends, streamline data analysis, uncover operational patterns, and detect unforeseen issues and security risks that could lead to service outages and data breaches.