Datadog, Inc. Stock Price, News & Analysis

Datadog has acquired Cloudcraft, a service for real-time visualization of cloud architectures, to enhance its monitoring platform. This acquisition aims to assist organizations in optimizing their cloud health, configuration, and cost decisions through dynamic, updated cloud infrastructure diagrams. Cloudcraft's technology facilitates instant analysis of AWS environments, ensuring operational efficiency and compliance. Datadog will continue offering Cloudcraft's services while integrating them into its platform, expanding capabilities for cloud migrations and container adoptions, ultimately benefiting its customer base.

Datadog (NASDAQ: DDOG) released its fourth Container Report, based on data from over 1.5 billion containers managed by thousands of customers. The report highlights the rapid adoption of containers, with nearly 50% of users employing Kubernetes. Moreover, usage of serverless technologies increased from 21% in 2020 to 36% in 2022. However, challenges persist with 50% of container customers using unsupported Kubernetes versions and over 30% running old container versions, posing security risks. The full report is available at Datadog's website.

Datadog has announced that it achieved PCI compliance for its Log Management and Application Performance Management (APM) products. This compliance allows businesses to securely process and store payment data and enhances Datadog’s ability to offer its services to more organizations. PCI compliance improves user security, brand reputation, and mitigates fines related to non-compliance. This milestone adds to Datadog's existing security certifications including CSA STAR and ISO 27001, enhancing customer trust and the overall value proposition of its monitoring and security platform.

Datadog (NASDAQ: DDOG) has introduced its Cloud Cost Management tool, designed to unify cost and observability data. This enables finance, FinOps, and engineering teams to correlate cloud spend with resource usage efficiently. As cloud migration intensifies, managing costs becomes vital; Gartner estimates that by 2024, 60% of leaders will face cloud cost overruns. This new tool aims to enhance cost visibility and improve decision-making. Currently available for AWS, multi-cloud support is expected in early 2023.

Datadog (NASDAQ: DDOG) has launched Continuous Testing, a comprehensive test automation tool designed to expedite the creation, management, and execution of end-to-end tests for web applications. This new offering addresses time-consuming testing processes, enhancing release cycle speeds and minimizing production bugs. Key features include no-code test creation, parallel testing capabilities, and seamless integration with popular CI tools. Client testimonials highlight significant improvements in release cycles and bug reduction, indicating strong market potential for this product.

Datadog, a monitoring and security platform for cloud applications, has launched its Cloud Security Management product, now generally available. This solution integrates Cloud Security Posture Management and Cloud Workload Security, allowing teams to identify threats and manage security risks more effectively. By using a unified platform, security engineers and DevOps teams can collaborate more efficiently, addressing cloud-native application vulnerabilities without deploying additional agents. Key features include a Resource Relationship Graph and Custom Detection Rules.

Datadog (NASDAQ:DDOG) will report its third quarter fiscal year 2022 financial results on November 3, 2022, before U.S. markets open. Alongside the earnings announcement, a conference call is scheduled for 8:00 a.m. Eastern Time on the same day to discuss financial results and guidance. The call can be accessed via phone or through a live webcast on the company's Investor Relations page.

Datadog provides a comprehensive monitoring and security platform for cloud applications, aiding organizations in digital transformation.

Datadog has announced a new integration with Skykit that allows customers to securely display dashboards on large format screens. This integration, part of the Datadog Marketplace, enhances user experience by consolidating metrics, traces, and logs, enabling organizations to scale their cloud environments effectively. Skykit Dashboard Connections streamline the process, reducing manual efforts and improving data security. This partnership expands Datadog’s offerings and facilitates better communication of key data within organizations.

Datadog (NASDAQ: DDOG) has launched a Certification Program to enhance users' proficiencies in its observability platform, addressing the demand for skilled cloud professionals. The program includes three certifications: Datadog Fundamentals, Log Management Fundamentals, and APM & Distributed Tracing Fundamentals. Completing these courses allows users to validate their knowledge and showcase their skills to employers. The certifications are proctored by PSI, ensuring a reliable assessment experience.