Welcome!

@CloudExpo Authors: William Schmarzo, Steven Lamb, Liz McMillan, Ed Featherston, Pat Romanski

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
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
As companies gain momentum, the need to maintain high quality products can outstrip their development team’s bandwidth for QA. Building out a large QA team (whether in-house or outsourced) can slow down development and significantly increases costs. This eBook takes QA profiles from 5 companies who successfully scaled up production without building a large QA team and includes: What to consider when choosing CI/CD tools How culture and communication can make or break implementation
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
The competitive landscape of the global cloud computing market in the healthcare industry is crowded due to the presence of a large number of players. The large number of participants has led to the fragmented nature of the market. Some of the major players operating in the global cloud computing market in the healthcare industry are Cisco Systems Inc., Carestream Health Inc., Carecloud Corp., AGFA Healthcare, IBM Corp., Cleardata Networks, Merge Healthcare Inc., Microsoft Corp., Intel Corp., an...
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t. Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...