Dynatrace Inc Stock Price, News & Analysis

Dynatrace (NYSE: DT) has been recognized as a Leader in the 2022 GigaOm Radar for Cloud Observability Solutions. The report evaluated providers on technical capabilities and innovation, ranking Dynatrace in the Leaders Circle. It highlighted the company's comprehensive approach, combining observability, security, and advanced AIOps, making it suitable for hybrid and multicloud environments. GigaOm awarded Dynatrace the highest scores in all evaluation categories, emphasizing its support for open-source standards like OpenTelemetry as a competitive advantage.

Dynatrace (NYSE: DT) released its "State of SRE Report: 2022 Edition," based on a survey of 450 site reliability engineers (SREs). The report notes that 85% of organizations believe automation and AI are vital for scaling SRE practices. Key findings include: 88% of SREs see increased recognition of their strategic role compared to three years ago, 67% prioritize reducing mean time to recovery, and 99% face challenges in defining service level objectives. The report underscores the need for unified observability platforms to enhance digital transformation.

Dynatrace (NYSE: DT) announced that TSB Bank is enhancing its digital services using the Dynatrace platform. By leveraging multicloud environments on AWS, IBM Cloud, and BT Cloud, TSB aims to improve customer interactions, particularly through mobile channels, where over 70% of transactions occur. The AI-driven capabilities of Dynatrace enable TSB's teams to optimize applications and deliver superior user experiences faster, thereby accelerating their digital transformation efforts.

Dynatrace (NYSE: DT) will present at two investor conferences: the JMP Securities Technology Conference on March 7 at 4:30 p.m. ET and the Raymond James Institutional Investors Conference on March 8 at 9:15 a.m. ET. Both presentations will feature live webcasts accessible via Dynatrace’s website, where archived versions will also be available for 30 days. Dynatrace specializes in providing software intelligence to support digital transformation by optimizing cloud operations and enhancing application performance.

Dynatrace has launched its DevSecOps Automation Partner Program, enabling partners to enhance their offerings through seamless integrations with the Dynatrace platform. This initiative simplifies toolchains for development teams, allowing faster and more secure delivery of high-quality code. The program includes access to over a dozen leading solutions like Bitbucket, Azure DevOps, and Jira Software, and aims to reduce manual effort in managing complex toolchains. Integrations will be available in the Dynatrace Hub within 90 days of this announcement.

Dynatrace (NYSE: DT) has enhanced its Application Security Module to offer real-time automatic attack detection and blocking, focusing on vulnerabilities like Log4Shell. This advancement allows organizations to protect their applications dynamically and strengthens DevSecOps automation. Features include precise vulnerability identification, proactive remediation integrated into DevOps, and runtime self-protection against key threats. These enhancements are expected to be available within 120 days. The improvements aim to reduce security risks and optimize the software development lifecycle.

Dynatrace (NYSE: DT) has expanded its observability platform to include Microsoft Azure Functions and Google Cloud Functions, enhancing its existing support for AWS Lambda. This extension allows DevOps and SRE teams to automatically analyze, troubleshoot, and optimize serverless applications, fostering innovation at scale. The new capabilities will be available to customers within the next 90 days, improving end-to-end visibility in complex, multi-cloud environments.

Dynatrace (NYSE: DT) announced enhancements to its software intelligence platform, aimed at accelerating the development of secure and high-quality applications. These updates allow developers to incorporate observability, application security, and AIOps capabilities directly into their code. By promoting everything-as-code practices, organizations can automate resources throughout the software development lifecycle, ensuring adherence to performance and security standards. These enhancements will be available within 90 days of the announcement.

Dynatrace reported robust financial results for Q3 FY2022, with an Annualized Recurring Revenue (ARR) of $930 million, up 29% year-over-year. Total revenue reached $241 million, reflecting a 32% increase. Subscription revenue, comprising 94% of total revenue, climbed 33% year-over-year. The company achieved a non-GAAP EPS of $0.18, showing positive growth in customer acquisition with 206 new logos added in the quarter. Looking ahead, Dynatrace raised its guidance for Q4 and FY2022, aiming for continued market expansion.