Usable during and after the software development process, PAM monitors and measures performance and availability of mission-critical custom applications to reduce severity and frequency of application failures, the company said. The tool has a learning capability to provide for automatic problem detection and notification without manual configuration.
"What we provide is visibility into the behaviour of custom-written applications that enables us to report on misbehaviours and reduce the overall downtime of applications," said Oded Noy, Path chief technology officer and co-founder.
Version 3.0 features algorithms that automate the product's ability to detect problems inside an application without requiring manual, custom coding, Noy said. The product is tackling a software errors problem that the US Department of Commerce said costs the national economy an estimated $59.5bn (£38.3bn) annually, according to Path.
The tool anticipates application failures by detecting deviations from normal behaviour patterns. Companies can reduce downtime and boost application management in a distributed environment, Path said.
PAM is available now and is priced from $5,000 (£3,221) per CPU with a minimum 10-user licence.