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SAN FRANCISCO – Feb. 22, 2010 – AppDynamics, Inc., the next-generation Application Performance Management (APM) company, today emerged from stealth mode to unveil the first Application Performance Management (APM) product specifically designed for distributed applications deployed across cloud, virtual and physical environments.
According to leading analyst firms, the APM market represents a multi-billion dollar opportunity. But legacy APM tools have been confounded by the dramatic shift to service-oriented architectures, cloud computing and virtualization. Built for an earlier era of monolithic architectures deployed in physical data centers, these tools have proven to be ill-suited for applications running in the cloud.
For further details on AppDynamics’ breakthrough in APM and performance management products introduced today, see accompanying press release issued by AppDynamics at https://www.appdynamics.com.
“Applications have become more distributed, service-oriented and dynamic,” said Milind Govekar, Research VP at Gartner. “Now, as components of mission-critical applications begin to be deployed in the cloud, organizations will need to be able to monitor application performance and manage capacity across hybrid cloud, virtual and physical environments. This evolution has rendered traditional approaches to APM inadequate.”
With today’s launch, AppDynamics fills that gap as the first APM provider to both monitor and dynamically scale applications in cloud, virtual and physical environments. AppDynamics delivers the only Application Performance Management solution built from the ground up to deliver rapid problem resolution for highly distributed applications. Unlike other APM providers, AppDynamics finds the root cause of performance problems without introducing excess overhead or requiring a complex and costly installation.
“As one of the world’s leading online travel agencies, priceline.com routinely puts millions of hotel rooms, airline seats, rental cars and vacation packages at the fingertips of our customers,” said Ron Rose, priceline.com’s Chief Information Officer. “AppDynamics gives priceline.com the visibility we need to monitor the processing and delivery of those resources to ensure an optimal customer experience every time. AppDynamics is well suited for large scale, distributed systems like ours and dramatically simplifies performance management.”
The visionary behind AppDynamics is founder and CEO Jyoti Bansal, a pioneer in distributed applications with more than 15 patent applications in the space, who previously served as lead architect for Wily Technologies. Joining him on the AppDynamics team is Steve Roop, Vice President of Marketing, who helped security startup Vontu become the dominant market share leader in the data loss prevention space. Frank Swain, the company’s Senior Vice President of Worldwide Sales, also has deep experience in application performance management at both Mercury Interactive (acquired by HP) and Wily (acquired by Computer Associates). While at Splunk, Swain’s sales strategies helped the company more than double its sales each year.
In addition to being led by industry experts, AppDynamics has attracted strong financial backing from two of the premier venture capital firms in Silicon Valley – Greylock Partners and Lightspeed Venture Partners.
“As web applications continue to be deployed across cloud, virtual and physical environments, IT professionals have been left in the cold without adequate tools to monitor and manage these applications,” said CEO Bansal. “AppDynamics is bringing simplicity to those tasked with managing today’s complexity and helping them maximize the potential of their revenue critical applications.”
For more information about AppDynamics, visit https://www.appdynamics.com.About AppDynamics
AppDynamics is a registered trademark of AppDynamics, Inc. © 2008-2016 AppDynamics, Inc. All rights reserved. All other product and company names herein may be trademarks of their registered owners.