Welcome!

@CloudExpo Authors: Stefan Bernbo, Elizabeth White, Pat Romanski, ManageEngine IT Matters, Liz McMillan

News Feed Item

AppDynamics Announces Another Record Quarter of Growth With Increase in Trailing Twelve Month Revenues of 150 Percent

Continued Customer and Industry Momentum With Multiple New F500 Customers, $120 Million in New Financing, Industry Awards and Partnerships

SAN FRANCISCO, CA -- (Marketwired) -- 08/13/14 -- AppDynamics, the application intelligence leader for the software-defined business, today announced another quarter of spectacular growth during its second fiscal quarter of 2015 ending July 31st. Trailing 12-month bookings grew 125 percent, while trailing 12-month revenue increased more than 150 percent. The impressive numbers underscore and validate the acceptance the company's next generation Application Performance Management (APM) solution and Application Intelligence Platform is earning within the largest global enterprises. In addition to spectacular revenue and bookings growth, AppDynamics set new quarterly records for customer acquisition of leading global enterprises such as AutoTrader, bWin, CarMax, Cisco, Egnyte, InterContinental Hotels, JPMorgan Chase, PaddyPower, RAC Insurance, Regis Corporation, Sony Mobile Communications, Surescripts and Kiewit Infrastructure West Co.

AppDynamics' quarterly financial results underscore the acceptance and adoption of the Application Intelligence Platform among customers worldwide. This was further validated by securing $120 million in growth financing to accelerate expansion of the Application Intelligence Platform into the IT Operations and Business Analytics markets, and to also accelerate go-to-market investments and sales expansion. The company currently has over 1,300 customers and has doubled its customer base every year for the past three years. Customers include some of the largest banks, retail companies and SaaS providers globally and in the last 18 months the number of employees grew from 200 to over 450 based in over 12 countries including the US, UK, France, Germany, India, Japan, Australia and Singapore.

"Viewed through any lens, our Q2 was one of significant growth and achievement on multiple fronts. The customer and industry acceptance of our Application Intelligence Platform and its ground breaking Big Data innovations for monitoring and managing the most complex and distributed web and mobile applications, while delivering business and operational analytics is massive and growing. Global Business' are increasingly turning to AppDynamics to help them manage the critical applications that enable them to compete and win in their chosen markets," said Jyoti Bansal, founder and CEO of AppDynamics.

Bansal continued, "From the new customers we secured to the average deal size to the many multi-million dollar deals, this is a quarter for the record books. Our all-time highs on a number of key business metrics underscore our continued and growing strength in the enterprise and in our ability to disrupt and take market share away from the old world legacy vendors in the $30 billion IT Operations Management and Business Analytics markets. I'd like to thank our wonderful loyal customers who have put their trust in us to help them run their most critical business applications. I'd also like to thank our partners and committed, talented employees, without whom none of this would be possible. The best is yet to come."

Points of note in Quarter

  • AppDynamics announced a collaboration with IBM that brings the power of the AppDynamics Application Intelligence Platform to the IBM Cloud Marketplace. IBM customers looking to further simplify application development and operations for increased innovation and the industry's lowest overall TCO can opt to include AppDynamics at no additional cost. AppDynamics also partnered with IBM to develop support for IBM DataPower, IBM's popular purpose-built messaging appliance used within highly secure enterprises, including leading banks around the world.
  • San Francisco Business Times honored AppDynamics founder and CEO Jyoti Bansal with "Best CEO" in the Annual Tech & Innovation Awards. The awards recognize the most promising and enterprising technology innovators and companies in the Bay Area.
  • AlwaysOn named AppDynamics an OnDemand Top 100 Private Company for the second consecutive year. AlwaysOn also recognized AppDynamics for the second consecutive year for creating technology innovations for the global Silicon Valley and received the AlwaysOn Global 250 award.
  • Founder and CEO Jyoti Bansal was honored by EY as an Entrepreneur Of The Year™ 2014 Award Finalist in Northern California.
  • The company experienced geographical and international revenue growth, with the expansion into India and Japan.

Continued Technology Innovation
The company's Application Intelligence Platform provides the broadest and deepest visibility and management of software applications leveraging JAVA, .Net, node.js, PHP, NoSQL, SQL, Native Mobile and browser-based apps, NetApp Storage, IBM dataPower, Tibco, MongoDB and through its open platform APIs over 100 critical enterprise technologies such as Microsoft Azure, AWS, Pivotal, F5 and Hadoop. AppDynamics, unique among its competitors, offers SaaS, on-premise and private cloud deployment alternatives to its customers. These are available in a fully self-service try-and-buy freemium 'free-forever' edition or commercial Pro edition.

In March, AppDynamics announced beta availability of its analytics solution, 'Application Analytics.' This builds on the company's already market-leading Operational Analytics and Real-Time Business Metrics solution. General availability of 'Application Analytics' is targeted for later in 2014.

Industry Conference - AppSphere '14

For regular news and information about AppDynamics and the application intelligence market, like and follow the company on:

Twitter: @AppDynamics
Facebook: http://on.fb.me/1fuD8NO
LinkedIn: www.linkedin.com/company/appdynamics

About AppDynamics
At AppDynamics, our Application Intelligence Platform helps today's software-defined businesses proactively monitor, manage and optimize the most complex software environments. All in real time, and all in production. With cloud and on-premise deployment flexibility, AppDynamics works and partners with many of the world's most innovative companies. Customers include Citrix, Edmunds, Expedia, Fox News, John Deere, OpenTable, Salesforce.com, Sephora, StubHub and Union Pacific Railroad. For more information, visit www.appdynamics.com. AppDynamics premier event for today's software-defined business AppSphere 2014, takes place November 3-5 in Las Vegas.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@CloudExpo Stories
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with b...
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data professionals...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
"We are a modern development application platform and we have a suite of products that allow you to application release automation, we do version control, and we do application life cycle management," explained Flint Brenton, CEO of CollabNet, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Join Impiger for their featured webinar: ‘Cloud Computing: A Roadmap to Modern Software Delivery’ on November 10, 2016, at 12:00 pm CST. Very few companies have not experienced some impact to their IT delivery due to the evolution of cloud computing. This webinar is not about deciding whether you should entertain moving some or all of your IT to the cloud, but rather, a detailed look under the hood to help IT professionals understand how cloud adoption has evolved and what trends will impact th...