New Relic : IDC market shares report names New Relic leader in APM

Published: 2021-10-14 11:32:18 ET NEWR

The report confirms that New Relic surpassed all others to become the APM market share leader with 12.2 percent of the market share on revenue of $646.7 million and 14.5 percent year-over-year growth.

The IDC market share report highlights a range of developments that allowed New Relic to be ranked #1 for 2020 APM market share.

New Relic has acquired Pixie Labs, a machine intelligence observability solution for developers using Kubernetes. The IDC report notes that this move has expanded New Relic's product portfolio, which enabled the company to expand its support for multiple public cloud infrastructures.

New Relic develops capabilities for full-stack monitoring, advanced machine learning, log analysis, and broader analytics. These initiatives drive more automated actions based on APM through streamlined interface designs.

New Relic also supports various cloud platforms, containers, and open-source technologies to expand its presence. New Relic supports Docker and Amazon Web Services (AWS) EC2 and provides visibility into additional AWS services, including CloudFront, DynamoDB, ElastiCache, and ELB. And, New Relic has made significant investments in supporting open-source tools with its developer-first focus and serving as a champion for open source, OpenTelemetry, and open ecosystems.

Disclaimer

New Relic Inc. published this content on 14 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2021 15:31:08 UTC.