Boston, MA — June 9, 2015 — Digital Performance software company Dynatrace, today announced that Gartner, Inc., has named Dynatrace the worldwide application performance monitoring (APM) market share leader. Seizing 12.5% of the market share in a highly competitive space, the company’s reach continues to strengthen its leadership position to expand globally with more than three times the revenue of other new generation APM vendors and 30% more than traditional vendors. Gartner’s rankings are based on worldwide revenue for 2014. Download a copy of the Gartner report: “Market Share Analysis: Application Performance Monitoring, 2014,” here.
Gartner says the growth of APM software revenue has accelerated over the past several years, reaching $2.6 billion in 2014. This translates into a 15.8% increase over 2013, which in turn posted revenue growth of 13.0% over 2012. 1 With revenue of $326.9 million, — up $55.9 million from 2013 — Dynatrace continues to outpace its nearest competitor by more than $100 million. Additionally, Dynatrace’s 2014 growth rate increased to 20.6%, nearly three times higher than the previous year’s growth and 24% faster than the overall global APM market.
“Our growth trajectory since transitioning to a privately-held company has been phenomenal as we widen the gap between us and our competitors. We continue to build market share and drive profit,” said Dynatrace CEO, John Van Siclen, “because we’ve stayed focused on our mission to deliver the absolute best digital performance solutions in the world. The fact that our growth rate outpaces APM market growth shows that it’s clearly a winning strategy for us. We believe our growing global customer base and our year-over-year APM market share leadership validate that we are the clear choice for companies in this digital world. We are very proud of our No.1 ranking and will continue to push our company and the industry to new heights as we make digital performance a game changer for customers around the world.”
1 Gartner, Inc.: “Market Share Analysis: Application Performance Monitoring, 2014,” by Federico De Silva, May 27, 2015.