NETSCOUT Enriches Performance Management Solution to Improve Productivity, Accelerate Problem Resolution, and Reduce Risk

Rhea-AI Summary

NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has announced enhancements to its nGenius Enterprise Performance Management solution. The update includes a new notification center that streamlines and automates alerts and contextual workflows for faster problem identification and resolution. The company has also added Secured Reliable Transport (SRT) support for live video streaming and additional SCADA protocols for international utility networks.

The nGeniusONE notification center categorizes alerts for services, applications, servers, and links/locations, providing actionable, real-time details. This enhancement aims to help IT teams deliver better end-user experiences and focus on strategic digital transformation initiatives. NETSCOUT has also incorporated specialized service monitors for SRT and SCADA applications, addressing the growing video streaming market and critical infrastructure needs in power distribution and management.

Positive

• Introduction of a new notification center in nGeniusONE for streamlined and automated alerts
• Addition of Secured Reliable Transport (SRT) support for live video streaming
• Incorporation of additional SCADA protocols for international utility networks
• Potential to improve IT team efficiency and problem resolution speed

Negative

• None.

Insights

Tech Expert

NETSCOUT's latest enhancements to its nGenius Enterprise Performance Management solution represent a significant improvement in network monitoring and problem resolution capabilities. The new notification center streamlines alert management, potentially reducing mean time to resolution for IT teams. The addition of Secured Reliable Transport (SRT) support is particularly noteworthy, given the projected growth of the video streaming market to $2.66 billion by 2032. This positions NETSCOUT well in the rapidly expanding live video streaming sector. The inclusion of additional SCADA protocols also strengthens the company's offering in the critical infrastructure space, particularly for international utility networks. These updates demonstrate NETSCOUT's commitment to addressing evolving market needs and could potentially lead to increased market share in key verticals. However, the impact on immediate financial performance may be , as adoption and revenue generation from these enhancements will take time to materialize.

Market Research Analyst

The enhancements to NETSCOUT's nGeniusONE platform align well with current market trends in IT operations and network management. The focus on automation and streamlined workflows addresses the growing demand for efficiency in IT departments, which are often understaffed and overworked. The addition of SRT support is strategically timed, given the projected 18.7% CAGR in the video streaming market. This could open up new revenue streams for NETSCOUT in the media and entertainment sector. The expansion of SCADA protocol support also positions the company to capitalize on the increasing digitalization of utility networks globally. While these improvements are likely to be well-received by existing customers and potentially attract new ones, it's important to note that the network performance management market is highly competitive. NETSCOUT will need to continue innovating to maintain its market position against rivals offering similar solutions.

New nGeniusONE Notification Center and Updates for Critical Vertical Market Infrastructure Helps Deliver Better Service Quality

WESTFORD, Mass.--(BUSINESS WIRE)-- NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS attack protection solutions, today announced enhancements to its nGenius Enterprise Performance Management solution, which includes a new notification center that helps streamline and automate alerts and contextual workflows to identify and resolve problems faster. Secured Reliable Transport (SRT) was added to support live video streaming, and additional supervisory control and data acquisition (SCADA) protocols were added to support international utility networks.

Performance degradations, application unavailability, and lengthy outages can have a crippling effect on any business. Organizations need to ensure their users have the best experience possible by avoiding performance issues that can threaten their reputation, mission, and revenue. NETSCOUT’s nGeniusONE notification center focuses IT efforts on the most critical business issues to investigate by categorizing alerts for services, applications, servers, and links/locations, providing contextual, actionable, real-time details at a glance.

“NETSCOUT’s new notification center streamlines and automates alerts and contextual workflows to identify and resolve problems faster,” said Mark Leary, research director, Network Observability & Automation, IDC. “This is a huge win for IT teams as it enables them to deliver a better end-user experience while giving them more time to focus on other strategic digital transformation initiatives that provide greater business value.”

Vertical Market Additions for Critical Infrastructures

NETSCOUT’s Visibility Without Borders platform already supports any application anywhere, including hundreds of voice, video, and business data applications in key industries. This new specialized service monitor for the SRT application enables network broadcast engineers to observe where and when live video degrades so they can quickly resolve issues and ensure quality performance. According to recent research, the global video streaming market will grow at a CAGR of 18.7%, reaching $2.66 billion in 2032. SRT is quickly becoming the industry standard for secure, reliable, and low-latency video transport.

NETSCOUT has also incorporated two additional SCADA protocols to better monitor and control generation, transmission, and distribution for international utility networks. SCADA is a business-critical operations technology essential for power distribution and management. SCADA systems play a critical role in preventing, detecting, and restoring power outages and help improve and support the safe distribution of electricity.

“Our customers value how nGeniusONE uniquely addresses real-time visibility and observability needs,” stated Phil Gray, associate vice president, product management, NETSCOUT. “With this significant update and support for new mission-critical applications, we’re providing IT teams with even more time-saving functionality to make it easier to address critical infrastructure performance issues, see problems before they impact the business, and continue to provide a high-quality user experience.”

Visit our website to learn how NETSCOUT nGeniusONE can help enterprise IT teams increase efficiency, navigate change, and deliver a quality user experience to address business demands.

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/20240924277592/en/

Editorial:



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 new features has NETSCOUT (NTCT) added to its nGeniusONE solution?

NETSCOUT has added a new notification center that streamlines and automates alerts and contextual workflows, Secured Reliable Transport (SRT) support for live video streaming, and additional SCADA protocols for international utility networks.

How does the new nGeniusONE notification center benefit IT teams?

The notification center helps IT teams focus on critical business issues by categorizing alerts for services, applications, servers, and links/locations, providing contextual, actionable, real-time details at a glance. This enables faster problem identification and resolution.

What vertical markets does NETSCOUT's (NTCT) latest update target?

The update targets the video streaming market with SRT support and the utility sector with additional SCADA protocols for monitoring and controlling power generation, transmission, and distribution in international utility networks.

How does NETSCOUT's (NTCT) SRT support relate to the video streaming market?

NETSCOUT's SRT support addresses the growing video streaming market, which is expected to reach $2.66 billion by 2032 with a CAGR of 18.7%. SRT is becoming the industry standard for secure, reliable, and low-latency video transport.