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SolarWinds AI Launches to Transform IT Service Management

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Rhea-AI Summary

SolarWinds (NYSE: SWI) has launched SolarWinds AI, a generative AI engine designed to transform IT service management (ITSM). Developed under the new AI by Design framework to ensure privacy, security, and reliability, SolarWinds AI is first integrated into the SolarWinds Service Desk. This AI feature aims to improve IT outcomes by accelerating ticket resolution times, enhancing service delivery, and boosting employee satisfaction. The AI engine leverages large language models (LLMs) and proprietary algorithms to summarize ticket histories, suggest agent responses, and generate real-time recommendations for issue resolution. Future plans include expanding SolarWinds AI across the company's observability and IT management solutions. The AI by Design framework emphasizes privacy, security, accountability, fairness, transparency, trust, simplicity, and accessibility.

Positive
  • Launch of SolarWinds AI to enhance IT service management.
  • Developed under AI by Design for privacy, security, and reliability.
  • Expected to accelerate ticket resolution times in SolarWinds Service Desk.
  • Aims to improve IT outcomes, service delivery, and employee satisfaction.
  • Utilizes large language models (LLMs) and proprietary algorithms.
  • Plans to integrate AI across more observability and IT management solutions.
Negative
  • No direct financial data or projected revenue impact mentioned.
  • Potential risks with AI adoption and data privacy concerns.
  • Dependence on AI models, which may need continuous updates and validation.

Insights

The launch of SolarWinds AI marks a significant step in the evolution of IT service management and observability solutions. Leveraging the power of generative AI and large language models (LLMs), the company aims to streamline IT operations and enhance efficiency. The use of AI to summarize complex ticket histories and generate real-time action steps can substantially reduce the time-to-resolution for IT issues. This not only improves service delivery but can also boost employee satisfaction by minimizing downtime and outages.

The integration of AI into the SolarWinds Service Desk can transform how IT teams operate, potentially leading to cost savings through increased productivity. By delivering more accurate and faster resolutions, organizations can mitigate the impact of IT disruptions, which are often costly. The company's focus on privacy, security and explainability adds an extra layer of trust in adopting these advanced technologies. This holistic approach could serve as a benchmark for the industry.

However, it is essential to recognize that the adoption of AI-driven solutions often requires significant initial investment and a change management strategy to ensure smooth integration into existing workflows. Companies must be prepared for potential learning curves and training periods for IT professionals to fully leverage the new capabilities. Additionally, while the focus on privacy and security is commendable, the broader adoption of AI can still raise ethical questions that need continuous oversight.

Overall, SolarWinds' new AI capabilities could make a substantial impact on the IT service management landscape, provided they are implemented effectively.

From a market perspective, the introduction of SolarWinds AI is likely to create a positive sentiment among investors and stakeholders. The focus on leveraging AI for improved IT outcomes and service delivery aligns with current industry trends where AI adoption is seen as a key driver of business growth and operational efficiency. By embedding AI in its suite of products, SolarWinds is positioning itself as a forward-thinking company capable of addressing the evolving needs of modern IT environments.

The company's emphasis on security, privacy and trust aligns with growing concerns about data protection and ethical AI usage, which can enhance customer confidence and brand loyalty. Additionally, the launch of SolarWinds AI could drive competitive differentiation in the IT management space, setting the company apart from its peers. This innovation could attract new clients while retaining existing ones.

Investors should note that while the short-term impact may include increased operational costs related to AI development and deployment, the long-term benefits could outweigh these initial expenses. The potential for reduced downtime, improved employee performance and enhanced customer satisfaction are factors that can contribute to higher revenue growth and overall business success.

Generative AI engine developed under new AI by Design framework debuts in company’s premier ITSM solution

AUSTIN, Texas--(BUSINESS WIRE)-- SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announces the launch of SolarWinds® AI to transform IT operations and empower tech pros to manage the complexities of modern digital environments. The purpose-built generative AI engine was developed using the company’s newly unveiled AI by Design framework to help ensure privacy, security, and reliability in developing advanced AI technologies.

SolarWinds AI is first being introduced in SolarWinds Service Desk, the company’s world-class IT service management (ITSM) solution for improving IT outcomes, service delivery, and employee satisfaction. SolarWinds AI powers a transformative new generative AI feature in Service Desk, designed to supercharge agent workflows and facilitate empowered, high-performing IT teams to resolve tickets in minutes rather than hours or days. This accelerated remediation process helps create a world-class experience for employees across the organization by minimizing downtime and outages.

Powered by large language models (LLMs) and proprietary algorithms, SolarWinds AI in Service Desk instantly summarizes complex ticket histories, provides suggested agent responses to inquiries, and generates real-time recommended steps for resolving issues. The company also plans to introduce SolarWinds AI throughout its suite of observability and IT management solutions, adding a new digital partner for DevOps, SecOps, database teams, and beyond.

“In creating SolarWinds AI, we leveraged our long history of engaging with the IT community to build an AI system that could act as a valued partner to IT pros in their everyday lives and reimagine the productivity, efficiency, and innovation they’re capable of,” said Krishna Sai, SVP of Engineering at SolarWinds. “We believe that our new AI by Design framework sets a model for how the broader industry should approach AI, built on our belief that privacy, security, and trust must be inherent to any AI system.

AI by Design is a rigorous framework for creating secure, productive, and enduring AI-driven solutions, guided by four key principles:

  • Privacy and Security: To help ensure unparalleled data safety, SolarWinds AI is designed to secure personal data collection, storage, use, and protection through robust measures, like role-based access control (RBAC), multi-factor authentication (MFA), privileged access management (PAM), and anonymization techniques. Sensitive customer data does not pass through external large language models (LLMs), and SolarWinds AI improves based on usage patterns and organizational needs without compromising data privacy.
  • Accountability and Fairness: SolarWinds AI proactively includes humans in training and testing to oversee AI-guided decision-making processes to avoid biases. It captures and addresses negative user experiences through robust feedback and validation mechanisms, ensuring that human judgment plays a crucial role throughout the AI lifecycle.
  • Transparency and Trust: To provide confidence in the outcomes of AI-driven processes, SolarWinds AI features a well-defined explainability pipeline to demonstrate the rationale behind AI-generated actions. This enables continuous refinement based on the customers’ evolving needs and helps demystify the process for AI decisions and outputs.
  • Simplicity and Accessibility: SolarWinds AI is built into the company’s user-friendly product interfaces to help ensure the continuation of regular workflows and existing user procedures, behaviors, and practices.

SolarWinds is committed to improving the lives of IT professionals by urgently responding to the emerging needs and challenges facing technology teams. Building on the success of its Secure by Design initiative, the company is now pioneering AI by Design as a forward-thinking industry model for developing and implementing AI technologies. To learn more about SolarWinds AI, please visit: https://www.solarwinds.com/service-desk/use-cases/ai-service-desk

Connect with SolarWinds

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About SolarWinds

SolarWinds (NYSE:SWI) is a leading provider of simple, powerful, secure observability and IT management software built to enable customers to accelerate their digital transformation. Our solutions provide organizations worldwide—regardless of type, size, or complexity—with a comprehensive and unified view of today’s modern, distributed, and hybrid network environments. We continuously engage with IT service and operations professionals, DevOps and SecOps professionals, and database administrators (DBAs) to understand the challenges they face in maintaining high-performing and highly available hybrid IT infrastructures, applications, and environments. The insights we gain from them, in places like our THWACK community, allow us to address customers’ needs now and in the future. Our focus on the user and our commitment to excellence in end-to-end hybrid IT management have established SolarWinds as a worldwide leader in solutions for observability, IT service management, application performance, and database management. Learn more today at www.solarwinds.com.

This press release contains “forward-looking” statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding future features and functionality. These forward-looking statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements that are not historical facts and may be identified by terms such as “aim,” “anticipate,” “believe,” “can,” “could,” “seek,” “should,” “feel,” “expect,” “will,” “would,” “plan,” “intend,” “estimate,” “continue,” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause or contribute to such differences include but are not limited to, the risks and uncertainties described more fully in documents filed with or furnished to the Securities and Exchange Commission, including the risk factors discussed in our Annual Report on Form 10-K for the period ended December 31, 2023, filed on February 16, 2024. All information provided in this press release is as of the date hereof, and SolarWinds undertakes no duty to update this information except as required by law.

The SolarWinds, SolarWinds & Design, Orion, and THWACK trademarks are the exclusive property of SolarWinds Worldwide, LLC or its affiliates, are registered with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries. All other SolarWinds trademarks, service marks, and logos may be common law marks or are registered or pending registration. All other trademarks mentioned herein are used for identification purposes only and are trademarks of (and may be registered trademarks of) their respective companies.

© 2024 SolarWinds Worldwide, LLC. All rights reserved.

Media Contacts

John Eddy

Goldin Solutions

Phone: +1-646-660-8648

solarwinds@goldinsolutions.com

Dillon Townsel

SolarWinds

Phone: +1-512-571-3455

pr@solarwinds.com

Investor Contacts

Tim Karaca

SolarWinds

Phone: +1-512-498-6739

ir@solarwinds.com

Source: SolarWinds Worldwide, LLC.

FAQ

What is SolarWinds AI?

SolarWinds AI is a generative AI engine developed to enhance IT service management by accelerating ticket resolution times and improving service delivery and employee satisfaction.

When was SolarWinds AI launched?

SolarWinds AI was announced in a press release, highlighting its initial integration into the SolarWinds Service Desk as of the date of the announcement.

How does SolarWinds AI improve IT service management?

The AI engine leverages large language models to summarize ticket histories, suggest agent responses, and generate real-time recommendations, aiming to resolve tickets faster.

What framework supports the development of SolarWinds AI?

SolarWinds AI was developed under the AI by Design framework, which emphasizes privacy, security, accountability, fairness, transparency, trust, simplicity, and accessibility.

Will SolarWinds AI be integrated into other solutions?

Yes, SolarWinds plans to extend its AI capabilities across its suite of observability and IT management solutions.

What company ticker is associated with SolarWinds AI?

SolarWinds is traded on the NYSE under the stock symbol 'SWI'.

SolarWinds Corporation

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