New Relic

New Relic, Inc. engages in the provision of software solutions. It delivers an open and extensible cloud-based platform that enables organizations to collect, store and analyze massive amounts of data in real time to better operate applications and infrastructure. It offers solutions to e-commerce and retail, media, and public sector industries. The company was founded by Lewis Cirne in September 2007 and is headquartered in San Francisco, CA.

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NEWR reports strong Q1 performance, expects 38% consumption revenue growth

NEWR's Q1 performance reflects robust growth in consumption revenue, profitability, and customer base expansion. Challenges include customer spend reduction and migration impact on short-term revenue growth.

New Relic surpasses Q3 targets, eyes growth through customer focus

New Relic (NEWR) delivered strong financial performance in Q3 2023, exceeding revenue and profitability targets and showcasing robust customer growth.
The company's strategic strengths in product-led growth, pricing advantages, and customer retention initiatives position them well for continued success and revenue expansion.
Challenges in aligning consumption behavior with revenue patterns and balancing profitability amidst expansion efforts highlight areas for strategic focus and operational optimization.
Opportunities in leveraging data adoption rates, multi-year commitments, and market expansion efforts present avenues for sustained growth and profitability in the coming quarters.

New Relic excels in Q4 2023 with consumption model growth and profitability focus

New Relic's Q4 2023 earnings call highlighted strong financial results, customer growth, and product innovation. The company's strategic focus on transitioning to a consumption model, cloud optimization, and profitability enhancement underscores its commitment to sustainable growth. Challenges in customer transition and potential churn rates require careful management.

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New Relic is a digital intelligence company that delivers full-stack visibility and analytics with more than 14,000 paid business accounts. The New Relic digital intelligence platform provides actionable insights to drive digital business results.  The company was founded in 2008 and is headquartered in San Francisco, California.

SAN FRANCISCO--(BUSINESS WIRE)-- #gartner--New Relic, the intelligent observability platform, announced it has been named a Leader in the 2024 Gartner Magic Quadrant for Observability Platforms. The report provides an assessment of observability vendors based on specific evaluation metrics, including current product capabilities, market understanding and responsiveness, innovation, and strategy. New Relic is positioned in the Leaders quadrant for the 12th consecutive time, making New Relic the only observ.

New Relic Named a Leader in 2024 Gartner® Magic Quadrant™ for Observability Platforms for the 12th Consecutive Time

SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic, the intelligent observability platform, published its State of Observability for Industrials, Materials, and Manufacturing report, which offers insights and analysis on the adoption and business value of observability. The report is based on insights from 285 technology professionals and was developed in association with the 2023 Observability Forecast. It shows that manufacturers are investing in observability to optimize uptime and improve productivi.

New Relic Report Finds Manufacturers Rely on Observability to Drive Security, AI, and IoT Adoption

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, the intelligent observability platform, published its third annual environmental, social, and governance (ESG) Impact Report. The report highlights the company's progress in executing its ESG strategy amidst its continued growth and transformation. New Relic has made strides across various initiatives, including a notable expansion of the New Relic for Students program, which concluded the year with more than 1,400 students. “Our commitment to ESG prin.

New Relic Releases ESG Impact Report for Fiscal Year 2024

SAN FRANCISCO--(BUSINESS WIRE)-- #dem--New Relic, the intelligent observability platform, launched the industry's first fully-integrated, AI-driven Digital Experience Monitoring (DEM) solution to optimize app performance and proactively prevent interruptions in digital experiences. The enterprise-grade solution offers end-to-end visibility and real-time insights across mobile, web, and AI apps, enabling organizations to deliver high-quality digital experiences across all touchpoints, with new features.

New Relic Launches the First Fully-Integrated, AI-Driven Digital Experience Monitoring Solution

SAN FRANCISCO--(BUSINESS WIRE)-- #aibreakthroughawards--New Relic, the all-in-one observability platform for every engineer, announced that New Relic AI has won the AI Breakthrough Award for “Best Code Generative AI Solution.” This recognition reflects the company's leadership in AI and commitment to making observability accessible to customers from every industry around the world, regardless of prior experience. New Relic AI can answer natural language questions about system performance, analyze recent changes, summa.

New Relic AI Awarded Best Generative AI Solution

SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic, the all-in-one observability platform for every engineer, published its State of Observability for Energy and Utilities report, which offers insights and analysis on the adoption and business value of observability for the energy and utilities industry. The report is based on insights from 132 technology professionals and was developed in association with the 2023 Observability Forecast. The report findings show energy and utilities organizations are i.

New Relic Report Shows Outages Cost Energy and Utilities Providers Over $34 Million Per Year

SAN FRANCISCO, June 11, 2024 (GLOBE NEWSWIRE) -- Mezmo, the leading telemetry data platform , today announced the addition of Lauren Nagel as vice president of product. With experience spanning high-growth startups to global leaders, she will lead Mezmo's innovative product team in evolving its market-disrupting telemetry pipeline solution that empowers customers to take control of their data.

Mezmo Hires Former StackHawk, New Relic Leader as Vice President of Product

SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic, the all-in-one observability platform for every engineer, published its State of Observability for IT and Telecommunications report, which offers insights and analysis on the adoption and business value of observability for the IT and telecommunications (telco) industry. The report is based on insights from 423 technology professionals and was developed in association with the 2023 Observability Forecast. It reveals organizations are facing costly outa.

New Relic Report Shows IT and Telecommunications Industries are Embracing Observability to Capitalize on AI and Cloud

SAN FRANCISCO--(BUSINESS WIRE)-- #iast--RSA CONFERENCE — New Relic, the all-in-one observability platform for every engineer, launched Secure Developer Alliance. Industry leaders including FOSSA, Gigamon, Lacework, Aviatrix, and Opus are among the first to join the alliance, which provides them with pragmatic research, education, and guidance to implementing observable security. In addition, the Secure Developer Alliance includes access to the New Relic observability platform and its cloud-native secur.

New Relic Launches Secure Developer Alliance to Scale Security Observability

SAN FRANCISCO--(BUSINESS WIRE)-- #cmo--New Relic, the all-in-one observability platform for every engineer, announced Katrina Wong as the company's next Chief Marketing Officer. Wong will oversee the company's brand, demand, and communications initiatives with a focus on driving growth and market expansion. Wong brings over 20 years of experience in marketing, go-to-market, and community development to New Relic. She has a proven track record for launching products in new markets and helping companies.

New Relic Announces Katrina Wong as Chief Marketing Officer

Atlassian

LAS VEGAS--(BUSINESS WIRE)-- #jira--ATLASSIAN TEAM ‘24 — New Relic, the all-in-one observability platform for every engineer, announced a new integration with Atlassian, a leading provider of team collaboration and productivity software. New Relic is the first and only observability platform to be integrated into Atlassian's new capability to track incidents in Jira Software. The integration empowers engineering teams to bolster their incident management and resolution practices with insights gained fr.

New Relic and Atlassian Deliver the First Observability Integration for Incidents Tab in Jira

SAN FRANCISCO--(BUSINESS WIRE)-- #datareport--New Relic, the all-in-one observability platform for every engineer, released its fourth annual State of the Java Ecosystem report. The report is based on data from hundreds of thousands of applications and provides insights into the current state of the Java ecosystem, including how developers are using it and the most-used Java versions in production. Despite being introduced nearly 20 years ago, Java continues to be one of the most popular programming language.

New Relic Releases 2024 State of the Java Ecosystem Report

SAN FRANCISCO--(BUSINESS WIRE)-- #ai--New Relic, the all-in-one observability platform for every engineer, announced the general availability of New Relic AI monitoring with a suite of powerful new features to meet the evolving needs of organizations developing AI applications. New features include in-depth AI response tracing insights with real-time user feedback and model comparison to help drive continuous improvement of AI application performance, quality, and cost—all while ensuring data securit.

New Relic Enhances AI Monitoring, Industry's First APM for AI

SAN FRANCISCO--(BUSINESS WIRE)-- #ai--New Relic, the all-in-one observability platform for every engineer, announced that Global Processing, a digital financial services platform that supports global brands like Ualá and powered 2700+ million transactions in 2023, has standardized its observability practice on New Relic. Global processing relies on New Relic AI, an in-platform generative AI assistant for observability, to simplify and scale onboarding and data correlation and as a result, has reduced.

Global Processing Standardizes on New Relic

SAN FRANCISCO--(BUSINESS WIRE)-- #cro--New Relic, the all-in-one observability platform for every engineer, announced Christopher Jones as the company's next Chief Revenue Officer. He will lead the company's core sales operations worldwide, including the go-to-market and renewals teams, and drive the company's channel and partner strategy. Jones brings three decades of experience with global sales teams, channels, large enterprise and high velocity sales to New Relic. He has worked in very competitive.

New Relic Announces Christopher Jones as Chief Revenue Officer

SAN FRANCISCO--(BUSINESS WIRE)-- #gigaom--New Relic, the all-in-one observability platform for every engineer, announced it has been named a Leader for the third year in a row and an Outperfomer in the 2024 GigaOm Radar for Cloud Observability. Its position represents a high overall value to customers seeking a strong observability practice today and over the next 12-18 months. New Relic is the only Leader that is also named an Outperformer. This achievement reflects New Relic's ability to solve for pres.

New Relic Named a Cloud Observability Leader by GigaOm

PARIS--(BUSINESS WIRE)-- #k8s--KUBECON EUROPE—New Relic, the all-in-one observability platform for every engineer, announced that it will now provide native support for OpenTelemetry and Prometheus-instrumented hosts and Kubernetes clusters at KubeCon + CloudNativeCon Europe 2024. With this launch, organizations can now instrument Kubernetes clusters and hosts using the OpenTelemetry collector and Prometheus Node Exporter in a single step. They also gain instant access to curated UIs that automaticall.

New Relic Deepens Commitment to Open Source with One-Step Observability for OpenTelemetry

SAN FRANCISCO--(BUSINESS WIRE)-- #cfo--New Relic, the all-in-one observability platform for every engineer, announced Ashish Agarwal as the company's next Chief Financial Officer. Agarwal is an experienced business leader with proven success in leading the financial strategies of high-growth companies in the technology sector. In this role, he will oversee global finance operations and further strengthen the company's strategic direction. Agarwal assumes the CFO role from David Barter. Agarwal brings.

New Relic Announces Ashish Agarwal as Chief Financial Officer

SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic, the all-in-one observability platform for every engineer, launched new capabilities for New Relic IAST (Interactive Application Security Testing), including proof-of-exploit reporting for application security testing. New Relic customers can now identify exploitable vulnerabilities with a unique-in-the-industry ability to reproduce the problem and remediate the specific threat vector before shipping new code. This enables security and engineering teams.

New Relic Announces General Availability of IAST with Industry's First Proof-of-Exploit Reporting for Application Security

SAN FRANCISCO--(BUSINESS WIRE)-- #compliance--New Relic launched live archives, providing instant access and easy analysis for historical logs to help organizations manage compliance requirements.

New Relic Launches Live Archives: Historical Logs with Instant Access

PARIS--(BUSINESS WIRE)--Sentry Software, a renowned leader in hardware and storage observability with a strong commitment to sustainable IT practices, announced an integration with New Relic, the all-in-one observability platform for every engineer. By combining the power of New Relic and Sentry Software, any organization with on-premise IT infrastructures can consolidate health and performance insights for both software and hardware into one platform while tracking sustainability metrics for e.

Sentry Software Partners with New Relic to Help Organizations Track their Carbon Footprint with On-prem Infrastructure Observability

SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic, the all-in-one observability platform for every engineer, announced that Trek Medics, a nongovernmental organization (NGO) dedicated to improving global access to emergency response networks, is using New Relic for its observability practice through its Observability for Good program. By adopting the New Relic all-in-one observability platform, Trek Medics has shifted focus from manually investigating issues across its infrastructure and tech stack to.

Trek Medics Grows Emergency Response Services 9X with New Relic

SAN FRANCISCO--(BUSINESS WIRE)-- #businessobservability--New Relic, the all-in-one observability platform for every engineer, announced New Relic Pathpoint, a business observability solution designed to bridge the data gap between IT and real-world business outcomes. Pathpoint goes beyond conventional monitoring to provide users with real-time financial insights into every user touchpoint by modeling system-level telemetry from APM 360 in direct correlation to user-impacting business stages. Pathpoint helps engineering.

New Relic Pioneers Business Observability with Pathpoint

SAN FRANCISCO--(BUSINESS WIRE)-- #gartner--New Relic, the all-in-one observability platform for every engineer, announced the company has been named a Customers' Choice in the 2023 Gartner Peer Insights™ Voice of the Customer for Application Performance Monitoring and Observability. The distinction is based on feedback and ratings from IT operations (ITOps), site reliability engineers (SREs), cloud and platform ops, application developers, and product owners who have experience purchasing, implementing, a.

New Relic Recognized as a Customers' Choice in 2023 Gartner Peer Insights™ Voice of the Customer for Application Performance Monitoring and Observability

NOIDA, India & SAN FRANCISCO--(BUSINESS WIRE)-- #DigitalExperienceTesting--LambdaTest Integrates with New Relic to address challenges in observability & streamline software development for faster product delivery.

News for New Relic Stock (NEWR)