As with any industry, there are market leaders and market followers. In this chapter, we highlight the leaders that are worth watching in 2020. If 2019 gives us any indication of what to anticipate, we will see fierce competition amongst these companies.
According to our analysis, the top APM providers by region are:
Let’s dive into a few of these key players as they stand today.
New Relic
As companies continue to find themselves overwhelmed in the age of cloud and analytics, New Relic breaks through the noise to give users the vital monitoring data and insights they need. Founded in 2013, New Relic is targeting $1 billion in revenue — and they’re well on their way to achieving that objective.
A champion of the idea of SaaS-based APM, New Relic’s software provides full-stack visibility and analytics. It works across all devices so customers can access their insights anytime, anywhere.
Learn more in our full spotlight on New Relic here.
Dynatrace
A pioneer in artificial intelligence (AI) benefits for APM, Dynatrace is touted as the first self-learning APM solution. Dyntrace was founded in 2005. Thoma Bravo acquired Dynatrace in 2014 and pushed leadership to focus on cloud utilization.
In 2019, Dynatrace went public currently leads the APM market over the competition with a valuation of $6.7 billion.
Learn more in our full spotlight on Dynatrace here.
AppDynamics
Appdynamics was founded in 2008 and has been a market leader for nearly the entire decade. It was ranked #9 on the Forbes Cloud 100 list in 2016.
In 2017, Cisco acquired Appdynamics only 2 days before the AppDynamics group was set for an IPO. While it was a surprise at the time, it was a wise move by Cisco and symbolic of the frenzy within the APM Market. Appdynamics continues to expand its share of the market.
A self-described “application intelligence platform,” AppDynamics provides full visibility into how application performance is actually affecting a business.
Learn more in our full spotlight on AppDynamics here.
Datadog
Datadog, founded in 2010, is the youngest of the group thus far. In just nine years, they achieved a $10 billion valuation in an IPO. One again, we’re not surprised as they were listed as one of the fastest-growing tech companies throughout the 2010s.
Datadog considers themselves a next-generation APM tool that can “collect, search, and analyze traces across fully distributed architectures.”
Splunk (SignalFx)
Founded in 2013, SignalFx quickly followed Datadog to the top before it was wisely acquired by Splunk in 2019. Splunk is a very diverse analytics firm, and SignalFx represented an easy way for them to acquire a modern product and face the competition directly. Splunk was founded in 2003 and reached an IPO in 2007.
SignalFx Microservices APM employs advanced metrics and analytics capabilities to be the only real-time cloud monitoring platform.
Learn more in our full spotlight on Splunk here.
Akamai mPulse (RUM)
Akamai Technologies, Inc. has been a publicly-traded company since 1999 and primarily focuses on the CDN market; however, it acquired Soasta in 2017 to establish a presence in the APM market. Akamai mPulse is the Real User Monitoring (RUM) solution that allows organizations “to easily see website performance problems and discover optimization opportunities that traditional testing methods can’t unveil.”
Learn more about the types of businesses deploying Akamai RUM’s here.
