Nastel Technologies Has Closed Their Best Quarter Ever!

Press Release from Nastel Technologies, Inc.

PLAINVIEW, N.Y., April 11, 2019 /PRNewswire-PRWeb/ -- Nastel Technologies is a premier global provider of AIOps solution covering end-to-end Transaction Tracking, Middleware specific management and proactive Performance Monitoring (APM) of mission-critical applications in the mixed cloud environments. Nastel is entering its 25th year in business and has achieved record breaking revenues in Q1.

Following on the heels of Nastel's Best ever year, we are pleased to announce Nastel Technologies best ever Q1 of business, with many new accounts joining the ranks of our large and growing installed base. The revenue in Q1 grew 50% when compared to the same period last year.

Nastel has been delivering solutions for 25 years. What was an "important to have" is now a "must have" technology for leading financial institutions, banks, insurance companies, government agencies, global logistics and wholesalers, retail chains, manufacturers and many more.

Today customers demand a new level of predictive analytics that combines scalable best in class solutions with built-in machine learning and automation, to monitor their mission critical applications. Nastel is the only AIOps vendor that can automatically track business transactions end-to-end from mobile devices throughout application servers and middleware technologies to legacy systems on mainframes in multi-cloud environments. The IT users can see each part of the transaction from the technology angle whereas business users have individual dashboards from their own perspectives.

Many companies are starting to embrace new messaging technologies such as Kafka, ActiveMQ, etc. combined with IBM's MQ, DataPower and Message Brokers. Nastel as always is the first to help support multi-middleware management challenges.

"We expect 2019 to be a year of dramatic growth, both with our existing installed base and many new customers. Our pipeline of active sales engagements includes virtually all of the fortune 100 companies. Today we're winning virtually every deal we are considered for" said David Mavashev, founder and CEO of Nastel Technologies.

Recently Nastel has added support for all forms of IOT data and Blockchains such as Ethereum, Bitcoin and IBM Hyper Ledger Fabric to its extensive range of data sources and can claim the broadest support of machine data sources in the industry. "We provide support for search and analysis of every form of data, allowing for the best possible user experience and the most cost effective and efficient MTTR and MTBF" said Richard Nikula, VP of development at Nastel Technologies. Nikula added "Our customers have been frustrated with the long lead times other vendors have provided for support for new data sources. Our solution architecture allows us a rapid, cost effective monitoring of emerging technologies, our customers demand it and we deliver in days, not months or years"

About Nastel:
Founded in 1994 and headquartered in Plainview, NY, Nastel Technologies provides IT organizations and business executives with the tools and insights they need to understand and manage their digital environments. Nastel is a privately held company headquartered in New York, with offices in the U.S., the U.K., France, Germany and Mexico, and a network of partners throughout Europe, the Middle East, Latin America and Asia. Nastel is privately held and profitable since inception. Nastel solution includes products AutoPilot for proactive monitoring, XRay covering Decision Support and end-to-end transaction tracking, and Navigator (formerly known as AutoPilot on Demand) for multi-middleware management.

SOURCE Nastel Technologies, Inc.