Verizon Business has launched Application Assurance service, a new Software-as-a-Service (SaaS)-based offering that enables customers to monitor both application and network traffic.

The company said that the new service provides an enterprisewide view of how applications such as e-commerce websites, voice-over-IP and CRM (customer relationship management) software are performing and how that performance is affecting end-users.

According to Verizon Business, the new service is powered by Fluke Networks Visual Performance Manager and is the latest addition to the Verizon Private IP Application Aware suite of tools, which are designed to help businesses and government agencies to identify and troubleshoot threats that could hamper application performance.

The new Application Assurance service include Asset Assurance for network device fault management; Dynamic Bandwidth for bandwidth monitoring, allocation and reporting; WAN Analysis for overall network reporting; and Provider Edge Statistics for quality of service and packet-delivery analysis, the company said.

Verizon Business added that the new cloud-based capability is offered to Private IP customers via a Software-as-a-Service (SaaS) model which eliminates the need for companies to purchase or maintain network-management software and hardware.

Blair Crump, group president of worldwide sales of Verizon Business, said: Our new Application Assurance service tracks performance throughout the extended enterprise and identifies potential vulnerabilities to help IT managers regain control, safeguard assets, and keep video, voice and data traffic flowing smoothly.