Boston, MA — June 14, 2017 — For the fifth consecutive year,(i) digital performance management company, Dynatrace, is ranked by Gartner Inc., a leading IT research and advisory firm as the number one global Application Performance Monitoring (APM) solution provider.
Through its continued investment and focus on R&D, Dynatrace attributes the breadth and depth of its modern platform to their market share gain — maintaining above average, double-digit growth in 2016. With $400M+ in revenue, Dynatrace outpaces the closest competitor by $180M.
According to Gartner, the APM market grew 13% in 2016.(ii) As enterprise businesses continue to rapidly adopt cloud technologies and with the wave of IoT firmly on the horizon, the APM industry is expected to reach $5.6 billion by 2020.(iii)
“Businesses are faced with overwhelming complexity brought by digital transformation and the rapid adoption of cloud technologies. This, combined with the continued pressure to provide stellar customer experiences, drives the need for an AI-powered, full stack and completely automated performance management platform”, says Dynatrace CEO, John Van Siclen.
“We feel our No.1 APM market share ranking by Gartner reflects the trust and confidence our customers have that we’ll not only address the challenges they face today, but that we’ll keep innovation at the core of our culture – continuing to anticipate industry shifts. We believe this is how we’ve earned our number one spot – and it’s what will keep us in the leadership position.”
Gartner’s rankings are based on worldwide revenue for the 2016 calendar year.