DevOps tools have helped Citi, Wells Fargo, Mastercard, ABN Amro, and others launch safer, more resilient products, faster.
DevOps tools for observability and low-code development can help teams understand their tech stacks, troubleshoot, build safer products, and keep costs under control.
What do developers want? “To simplify their stack and ship code faster,” according to Insight Partners’ managing director Michael Yamnitsky. Correspondingly, this year brought a surge of adoption for DevOps tools that make workers’ lives easier.
For example, Netherlands-based ABN Amro used IriusRisk’s automation-powered platform to move threat modeling into its initial phase of software development. This “shift left” has helped its engineers save at least 11 months of effort.
Meanwhile, a consortium of global banks built an electronic-trading platform in record time because of low-code tool Genesis Global, which has raised more than $250 million from the likes of Citi, Bank of America, BNY Mellon, and Insight Partners. “The world is changing, the pace of development is changing, and we’re trying to change with it,” Citi exec Vitaliy Kozak told Insights Distilled, about using Genesis’ platform.
Finally, FinServs flocked to tools for incident response that help flag IT issues and “toxic workloads” before they cause cascading problems. Mastercard saw an “immediate impact” on its platform’s efficiency and reliability by integrating observability tool Unravel, while Wells Fargo and UBS turned to Insight Partner’s portfolio company BigPanda to increase transparency, reduce downtime, and simplify an otherwise costly incident-management process.