On Thursday 23 June 2016, a referendum was held in the UK to decide whether the UK should leave or remain in the European Union. Fifty-two percent voted for Britain to leave the EU, leading to much speculation about the future – both for Britain and the rest of world.
In order for the UK to formally leave the EU, it has to invoke an agreement called Article 50 of the Lisbon Treaty, and the British Prime Minister will need to decide when to do this and set in motion the formal legal process while giving the UK two years to negotiate its withdrawal.
Until then, EU law still stands in the UK until it formally ceases being a member, and the UK continues to abide by EU treaties and laws but will not take part in any EU formal decision-making.
The impact of Brexit is still unclear but it will definitely redefine the UK’s place in the world and have wide-reaching implications, whether positive or negative, for everyone. Some immediate repercussions include a drop in the value of the pound on foreign exchange markets and market volatility, travelling will cost more for UK citizens due the devaluation of the pound; and as the pound weakens, imports will become more expensive leading to heightened inflation; and to fight inflation, the Bank of England may raise interest rates, making mortgages and loans more expensive to repay. In summary, there is the imminent fear that such major changes will bring about a recession in the UK, Europe and the rest of the world.
With all of these changes in the economy and industry, application performance and real user monitoring are bound to be affected. For example, there has been immediate impact on apps and websites such as the London Stock Exchange website, UK-based brokerage sites, and financial organization sites due to increased traffic; and according to reports by large financial organizations, UK companies may move their office locations, which also means migrating their data centers – and as we all know, application performance management (APM) is a key factor to the success of such migrations.
Unplanned macro events are always difficult to manage but organizations need to have a plan in place – not only a reactive disaster recovery plan, but rather a proactive one that takes application performance challenges and their effects into account. By utilizing an application performance management tool that is deterministic in nature, organizations can prevent and resolve performance issues caused by such disruptive and unplanned events.
As the only application performance management product on the market that can trace single user activities across a diverse range of technologies, Sharepath captures every single user click; whether from a web browser, smartphone, or desktop application installed on a PC or terminal server. This user request is sent to a type of software element for further processing, such as a web server. Typically the web server will forward the request to yet another component, such as an app server, which will send it to a database and so forth.
Customers who benefit most from Sharepath are large-scale enterprises. These organizations use an average of one thousand different applications, which are all managed by their IT departments − with an average of 50-100 most-critical apps that make up the revenue generation cycle. Some examples include online banking apps, insurance claims apps, utility management apps, customer billing apps, e-commerce apps and so forth. In such environments there are usually many different types of technologies. The common denominator is the diverse amount of technologies an APM product needs to support in order to still give a single reliable management view of the different IT groups responsible for maintaining all these critical apps at all times.
In uncertain times like these, Correlsense Sharepath enables you to keep your application performance consistent. Download your free trial of Correlsense SharePath now.
About the author: Daniela Morein Bar joined Correlsense as the Director of Marketing in March 2015. She has over 15 years’ of international experience in marketing, advertising, branding, strategy development, social media, and digital marketing.