Bangalore — Application performance monitoring platform AppDynamics which is part of Cisco after its acquisition in 2017 for $3.7 billion said that now its Software-as-a-Service (SaaS) offering is available in Asia via a Mumbai-based local cloud location.
Built on the Amazon Web Services (AWS) Mumbai region, the offering is available to AppDynamics customers in India and throughout Asia, said the company.
This is the fourth SaaS offering location offered by AppDynamics. Existing regions include Asia Pacific (Australia), the European Union (Germany), and North America (US).
“AppDynamics’ SaaS offering in Asia opens up a whole new market – particularly in India and creates a real and differentiated value proposition for our existing and prospective customers,” said Abhilash Purushothaman, Managing Director for India & SAARC, AppDynamics.
The company is of the view that the availability of new SaaS offering will resolve potential concerns around data sovereignty and data governance requirements for customers in India. The Personal Data Protection Bill 2019 is pending in Parliament.
“We are seeing greater adoption of application performance and AIOps technologies, so the availability of a SaaS offering for customers in Asia, in particular India, is timely and much needed,” said Maneesh Jhawar, Founder and CEO, QualityKiosk Technologies.
The adoption of cloud services in India is on the rise, with IDC reporting that by 2022, 40% of new enterprise applications in India will be developed cloud-native, based on a hyper-agile architecture and that by 2023, 55% of top 500 organizations in India will have a multi-cloud management strategy.