Rakuten SixthSense, a leader in advanced observability solutions, has unveiled two groundbreaking offerings: Data Observability and API Security Observability. These additions bolster Rakuten SixthSense's portfolio, enabling it to meet the growing global demand for observability tools driven by digital transformation across industries. The new solutions target sectors such as finance, healthcare, retail, and government while extending support to small and medium-sized businesses (SMBs).
As businesses embrace cloud-native and API-driven ecosystems, ensuring data integrity and cybersecurity has become essential. Rakuten SixthSense's solutions provide real-time monitoring, proactive threat detection, and robust data management, empowering organizations to navigate the complexities of today’s digital landscape.
Industry reports predict the global observability tools market will grow from USD 2.4 billion in 2023 to USD 4.1 billion by 2028, with an 11.7% annual growth rate. This surge, particularly in compliance-heavy sectors like finance and healthcare, underscores the relevance of Rakuten SixthSense's offerings.
Leadership Perspective
Akihito Kurozumi, Group Senior Managing Executive Officer, CIO & CTO of Rakuten Group, remarked, “Our new observability tools mark a significant step in enhancing security and trust in the digital world. By providing advanced data insights and proactive API protection, we empower businesses to safeguard their operations confidently. Security today is about trust, and Rakuten SixthSense is committed to helping our customers protect what matters most.”
About the New Solutions
- Data Observability: Ensures real-time visibility across data pipelines, early anomaly detection, and seamless integration with diverse data sources, enhancing data quality and operational efficiency.
- API Security Observability: Offers deep traffic analysis and preemptive threat detection to address API vulnerabilities, enabling businesses to scale securely while protecting customer data and application performance.
Sunil Gopinath, CEO of Rakuten India, emphasized, “Data and API security are vital for sustainable digital transformation. Our solutions not only elevate observability but also foster customer trust. This launch is a milestone in our mission to position Rakuten SixthSense as a global leader in observability, making secure digital growth accessible for businesses of all sizes.”
Expansion Plans
Rakuten SixthSense, a trusted partner for national governments, leading airlines, financial institutions, and global retail chains, is now eyeing the Middle East and European markets to tap into their rapid digital adoption. The SMB segment is also a focus, with scalable and affordable solutions designed to bridge resource gaps and drive inclusive digital transformation.