SOURCE: AppDynamics

AppDynamics

October 30, 2014 11:48 ET

AppDynamics Named a "Leader" in Gartner's Magic Quadrant for Application Performance Monitoring for Third Consecutive Year

Positioned Furthest to the Right on 'Completeness of Vision' Axis

SAN FRANCISCO, CA--(Marketwired - Oct 30, 2014) - AppDynamics, the application intelligence leader for software-defined businesses, today announced it has been positioned by Gartner as a "Leader" in the 2014 "Magic Quadrant for Application Performance Monitoring" report for the third consecutive year. In addition to being placed in the "Leaders" quadrant, the company was positioned furthest to the right on the 'completeness of vision' axis in the Magic Quadrant.

Evaluation criteria for 'completeness of vision' included market understanding, marketing strategy, sales strategy, product strategy, business model, vertical and industry strategy, innovation, and geographic strategy. Criteria for 'ability to execute' included product, overall viability, sales execution and pricing, market responsiveness and record, marketing execution, customer experience, and operations.

Jonah Kowall, research vice president at Gartner, in his report Monitoring Must Evolve to Meet Tomorrow's Demands, writes, "Today's monitoring tools were built to handle yesterday's IT infrastructures. Today's environments require monitoring with architectures that can capture and analyze big data. IT operations professionals should implement tools that facilitate today's scale and tomorrow's analytical use cases."1

Jyoti Bansal, AppDynamics founder and CEO, said of the recognition, "Our mission is to deliver a next generation 'application intelligence' platform architected from the ground up for today's complex, highly distributed Big Data applications that dramatically simplifies performance management, while capturing real time operational and business analytics for running a more efficient and profitable business. We feel to be recognized as a leader by Gartner for the third consecutive year validates that our feature-rich, highly scalable solutions are meeting the needs of today's most modern enterprises."

AppDynamics' believes its positioning as a leader underscores the acceptance and adoption of its Application Intelligence platform among customers worldwide. AppDynamics currently has over 1,500 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 worldwide. In the last year the number of employees grew from 200 to over 500; AppDynamics now has a presence in a dozen countries including the US, UK, France, Germany, India, Japan, Australia, and Singapore. This summer the company announced that it secured $120 million in growth financing to accelerate expansion of the platform into the IT operations and business analytics markets, and to accelerate go-to-market investments and sales expansion.

Read more here:
http://www.appdynamics.com/blog/news/gartner-mq-2014-application-performance-monitoring/

A complimentary copy of the Gartner, Inc. 2014 "Magic Quadrant for Application Performance Management" report is available here: http://www.appdynamics.com/apmmagicquadranta/ 

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

AppDynamics is a registered trademark of AppDynamics, Inc. © 2008-2014 AppDynamics, Inc. All rights reserved. All other product and company names herein may be trademarks of their registered owners.

Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

1 Gartner Inc., Monitoring Must Evolve to Meet Tomorrow's Demands, Published July 28, 2014, Analyst: Jonah Kowall

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