AppDynamics has unveiled Application Analytics, which apparently provides real-time IT operations and business intelligence from across distributed application environments. The move comes as AppDynamics, which has raised $200 million, charts a long-term course to a potential IPO.

AppDynamics is best known as a provider of application performance management (APM) technology. But CEO Jyoti Bansal has been pushing an "application intelligence" vision that gathers and analyzes data up and down a customer's application stack. The new Application Analytics offering, slated to ship this fall, "captures operational and business events" from a customer's "entire application environment," AppDynamics claims.

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