SAN FRANCISCO — August 20, 2012 — New Relic, Inc., the SaaS-based application performance management (APM) company, today announced that Gartner Inc. has placed New Relic in the "leaders" quadrant of the August 16, 2012 "Magic Quadrant for Application Performance Monitoring (APM)" report authored by Jonah Kowall and Will Cappelli. The report evaluated 14 vendors on completeness of vision and ability to execute. A complimentary copy of the report can be viewed here: https://newrelic.com/apm-magic-quadrant.
Vendors that appear in the Leaders Quadrant are evaluated on competitive offerings related to all five dimensions of APM and best-of-breed functionality in two or more of the dimensions, credibility in the monitoring of application domains assembled from heterogeneous sources, effective integration across three or more of the application management dimensions, the ability to deliver and support APM on a global basis, a consistent track record of innovation, and a vision that places APM at the heart of operations and application management.
Since it's start in 2008, New Relic has grown rapidly and now serves over 25,000 customers. New Relic offers a SaaS-only delivery model, which enables a sales and deployment approach that emphasizes rapid time to value and ease of use. New Relic continues to be adopted across a wide range of organizations, from large enterprises, to SMBs, to small startups—all who share a common goal of managing and optimizing business-critical web applications in the most rapid and efficient way possible. New Relic has been growing at a rate of 200% year over year, and expects to continue its rapid expansion and innovation as the company’s APM platform is increasingly deployed as a key component of global organizations' application management strategy.
With visibility into real customer transactions across the front end, application tier, and server infrastructure, New Relic provides comprehensive insight into application availability and performance. It’s founder, CEO Lewis Cirne, is the inventor of modern application performance management technology based on real user transaction monitoring and production-ready application code instrumentation. New Relic is the only vendor to provide 24x7 monitoring support for Java, .NET, PHP, Python and Ruby web applications, in one tool with one interface, and one technology platform.
"As more and more companies turn to SaaS-based offerings like New Relic for managing every aspect of their business, we are proud to be recognized as a leader in the application performance monitoring Magic Quadrant," said Lew Cirne, New Relic founder and CEO. "Our ability to rapidly execute and our vision for extending application management to offer even greater visibility across the application environment and related technologies, we believe, will allow organizations to better manage and achieve business success more rapidly and easily than ever before."
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About the Magic Quadrant
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