Dynatrace Inc Stock Price, News & Analysis

Dynatrace (NYSE: DT) has unveiled its new Grail™ core technology within the Dynatrace® Software Intelligence Platform. Grail unifies observability, security, and business data from cloud-native and multicloud environments, enabling fast, AI-powered answers and cost-effective automation. Initially focused on log analytics, Grail is set to enhance broader IT, development, security, and business analytics solutions. The technology promises to accelerate digital transformation by delivering real-time insights and improving operational efficiency, available to customers within 30 days of the announcement.

Dynatrace (NYSE: DT) has partnered with fintech company Soldo to enhance application security, significantly reducing the time required to identify and remediate critical software vulnerabilities from days to minutes. The integration of Dynatrace® Application Security into Soldo's cloud-native environment allows for continuous monitoring and automated vulnerability management, crucial for maintaining high security standards in the financial services industry. This strategic move supports Soldo's commitment to safeguarding sensitive customer data while driving innovation.

Dynatrace (NYSE: DT) released a global survey revealing challenges faced by CIOs in managing cloud-native data. Key findings include that 71% of CIOs believe the data generated exceeds human management capabilities, while 77% report rapid changes in IT environments. Teams use an average of 10 monitoring tools, yet only 9% of their system is observable. 59% expressed concerns over operational complexity, and 64% struggle to attract skilled professionals. The report emphasizes the rising need for automation and AIOps to enhance data management and alleviate workforce strain.

Dynatrace (NYSE: DT) has appointed two new executives to its leadership team: Nicole Fitzpatrick as General Counsel and Sue Quackenbush as Chief People Officer. Fitzpatrick, with over 20 years of legal experience, will oversee global legal affairs and lead the ESG program. Quackenbush, with 25 years in human resources, will focus on talent strategies and enhancing workplace culture. CEO Rick McConnell emphasized their experience will strengthen Dynatrace's position to capitalize on market opportunities amidst growing demand for cloud observability and security.

Dynatrace (NYSE: DT) has enhanced its Application Security Module to address vulnerabilities across runtime environments, including JVM, Node.js, .NET CLR, and now the increasingly popular Go programming language. This upgrade enables real-time visibility and analytics, allowing teams to identify and prioritize risks efficiently. With a 23% adoption increase in Go last year, these enhancements position Dynatrace as the only comprehensive solution for application vulnerability analysis. This innovation aims to boost developer security while speeding up application development and deployment.

Dynatrace (NYSE: DT) reported strong financial results for Q1 fiscal 2023, with total ARR reaching $1,031 million and Adjusted ARR growth of 34% year-over-year. Total revenue increased 32% to $267 million, alongside subscription revenue of $250 million, also up 32%. The company achieved a net expansion rate above 120% for the seventeenth consecutive quarter. However, Dynatrace expects a negative FX impact of $40 million on ARR for FY23, affecting growth outlook.

Dynatrace (NYSE: DT) has announced its executive presentations at three investor conferences: Canaccord Genuity Annual Growth Conference on August 10 at 12:00 p.m. ET, Citi Global Technology Conference on September 7 at 3:15 p.m. ET, and Goldman Sachs Communacopia + Technology Conference on September 12 at 5:00 p.m. ET. Live webcasts will be accessible on the Dynatrace investor relations website, where they will also be archived for 30 days. Dynatrace aims to enhance software operations for global organizations.

Dynatrace (NYSE: DT) has enhanced its platform by integrating AI-powered log analytics with its digital experience monitoring (DEM) features, including Session Replay. This update allows development teams to connect logs with user sessions automatically, providing deeper insights into user journeys to optimize experiences. The integration aids collaboration between front and back-end teams, saving time and fostering innovation in software delivery. This feature is currently available to all customers, positioning Dynatrace to further enhance customer satisfaction and operational efficiency.

Dynatrace, a software intelligence company, announced it will report its Q1 fiscal 2023 results, ending June 30, 2022, on August 3, 2022, before market open. A conference call will follow at 8:00 a.m. ET to discuss the financials and business outlook. Interested parties can join via phone or a live webcast on the company's investor relations site. An audio replay of the call will be available until August 17, 2022.