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ServiceNow to acquire Belgian configuration management startup Sweagle

ServiceNow to acquire Belgian configuration management startup Sweagle

With extra corporations transferring employees dwelling, ensuring your programs are up and working has turn out to be extra vital than ever. ServiceNow, which incorporates an IT Help Desk element in its product catalogue acknowledges that assist desks have been bombarded through the pandemic. To assist cease configuration issues earlier than they begin, the corporate acquired Sweagle at the moment, a  configuration administration startup primarily based in Belgium.

The corporations didn’t share the acquisition value.

ServiceNow will get a few boosts within the deal. First of all, it will get the startup’s configuration administration merchandise, which it will possibly incorporate into its personal catalogue, nevertheless it additionally beneficial properties the machine studying and DevOps data of the corporate’s staff. (The firm wouldn’t share the precise variety of staff, however Pitchbook pegs it at 15.)

RJ Jainendra, ServiceNow’s vp and normal supervisor of DevOps and IT Business Management, sees an organization that has pioneered the IT configuration administration automation house, and brings with it capabilities that may enhance ServiceNow’s choices. “With capabilities for configuration knowledge administration from Sweagle, we are going to empower DevOps groups to ship software and infrastructure adjustments extra quickly whereas lowering danger,” Jainendra stated in an announcement.

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ServiceNow claims that there may be as many as 50,000 totally different configuration parts in a single enterprise software. Sweagle has designed a configuration knowledge administration platform with machine studying underpinnings to assist clients simplify and automate that complexity. Configuration errors could cause shutdowns, safety points and different critical issues for corporations.

Sweagle was based in 2017 and raised $4.05 million on a publish valuation of $11.88 million, in accordance with Pitchbook knowledge.

The firm is a part of a rising sample of early stage startups being sucked up by bigger corporations through the pandemic together with VMware buying Ocatarine and Atlassian shopping for Halp in May and NetApp snagging Spot earlier this month..

This is the third acquisition for ServiceNow this 12 months, all involving AI underpinnings. In January it purchased Loom Systems and Passsage AI. The deal is predicted to shut in Q3 this 12 months, in accordance with ServiceNow.

ServiceNow acquires conversational AI startup Passage AI

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