Sawmills Launches Innovative AI Platform with $10M Funding to Combat Rising Observability Costs

Sawmills Emerges from Stealth with $10 Million to Revolutionize Observability



Sawmills, a groundbreaking platform dedicated to telemetry data management, has officially emerged from stealth mode, announcing $10 million in seed funding aimed at revolutionizing how enterprises manage their observability costs. This funding round was led by Team8, with significant participation from Mayfield and Alumni Ventures.

Founded by seasoned veterans of enterprise software, including former executives from New Relic, CloudBees, and Tricentis, Sawmills is set to tackle the challenges associated with observability—a domain that has become increasingly vital as software architectures grow more complex. With enterprises reportedly spending a median of $2 million annually on observability, rising costs and data quality issues are now pressing concerns for organizations across the globe.

As modern businesses find themselves grappling with unsustainable observability bills, the urgency to find efficient solutions has never been greater. A particularly striking example was when a financial services firm was hit with a shocking $65 million observability bill from Datadog, highlighting the extent of the observability crisis in today’s technology landscape.

Addressing Cost and Quality Issues



According to Ronit Belson, CEO and co-founder of Sawmills, the challenges faced by engineering teams in managing observability are twofold: escalating costs and inconsistent data quality. "Many organizations discover that up to 90% of their observability data is irrelevant or useless, yet they continue to spend substantially on collecting, processing, and storing this data. This scenario is exacerbated by unpredictable spikes in costs, often triggered by simple mistakes in development processes that can lead to exorbitant charges overnight," Belson explained.

In response to these pressing issues, Sawmills has developed an AI-powered platform that not only enhances the quality of observability data but also facilitates cost-cutting measures. The platform uses advanced algorithms and machine learning models to analyze telemetry data in real-time, identifying unnecessary expenditures while boosting the overall effectiveness of observability tools.

The Power of Intelligent Telemetry



What sets Sawmills apart is its commitment to intelligent data management. Companies can rely on this platform to optimize their observability strategies. Early users have reported significant improvements in cost reduction and resource allocation for observability, with capabilities that include:

  • - Real-time Processing: Sawmills processes logs, metrics, and traces as data flows through, automatically rectifying issues like missing data points and inconsistent formats.
  • - Comprehensive Control: Organizations can set up smart policies that enhance telemetry data, providing a strong safeguard against unforeseen data spikes and system failures.
  • - Vendor Flexibility: The architecture is designed to allow companies to effortlessly switch between observability vendors, thus maintaining robust monitoring without unnecessary disruptions.

Early Adoption and Success Stories



Sawmills’ impact is already visible among its early adopters. For instance, Edi Buslovich, VP of Engineering at Via, noted, "Partnering with Sawmills has enabled us to streamline our telemetry data management, which leads to lowered operational costs and improved governance of our data."

A New Era in Enterprise Observability



The founders and investors alike believe that telemetry data management will emerge as a pivotal new category in enterprise cloud infrastructure. Liran Grinberg, Managing Partner at Team8, remarked, "Sawmills' approach goes beyond mere cost efficiency; it aims to fundamentally improve observability infrastructure, making it vital for contemporary enterprises."

To learn more about this innovative platform and its potential to optimize your observability practices, visit www.sawmills.ai. As organizations continue to navigate the complexities of modern software environments, solutions like Sawmills will be vital in ensuring reliable, cost-effective observability management.

Topics Business Technology)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.