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Dynatrace Inc. (DT) delivers AI-powered observability and cloud-native analytics through its SaaS platform, enabling enterprises to optimize digital ecosystems. This news hub provides investors and IT professionals with essential updates about the company’s operational developments and market position.
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Dynatrace (NYSE: DT) announced the successful acquisition of SpectX, a company specializing in high-speed parsing and query analytics. This strategic move aims to enhance the convergence of observability and security in hybrid, multicloud environments, crucial for managing an exponential increase in data—projected to reach 79 zettabytes in 2021. The integration of SpectX's technology is expected to bolster Dynatrace's analytics capabilities, enabling real-time data analysis for leading organizations, while expanding its market presence and competitive edge.
Dynatrace has expanded its collaboration with Microsoft to offer its Software Intelligence Platform as a native SaaS on Microsoft Azure. This integration aims to enhance cloud observability and AIOps capabilities, allowing customers to automate processes and accelerate digital transformation. Key features include simplified procurement via the Azure Marketplace, automatic software updates, and streamlined access through Single Sign-On. Dynatrace's platform will be available to early access customers within 90 days, with general availability soon after.
Dynatrace (NYSE: DT) has been recognized as a Leader and Outperformer in the 2021 GigaOm Radar for AIOps Solutions. The report highlights the company's comprehensive AIOps capabilities, deep observability, and advanced analytics that help large organizations manage cloud and edge computing complexities. GigaOm emphasizes Dynatrace's strong integration capabilities, supporting over 580 technologies. CMO Mike Maciag expressed pride in the recognition, underlining the importance of automation in modern cloud environments.
Dynatrace (NYSE: DT) will present at the Citi 2021 Global Technology Virtual Conference on Tuesday, September 14, at 1:00 p.m. ET. Investors can access the live webcast of the presentation here. The presentation will also be archived for 30 days on the investor relations section of the Dynatrace website. Dynatrace is recognized for its software intelligence platform that aids organizations in cloud operations and enhancing user experiences.
Dynatrace (NYSE: DT) has expanded its Application Security Module to support applications built on the .NET framework, utilized by over 5 million developers globally. This enhancement allows organizations to identify and prioritize security vulnerabilities effectively, facilitating faster innovation for DevSecOps teams. The upgrade addresses the complexities of modern cloud environments, providing precise risk assessments and remediation options. The new features will be available within the next 30 days.
Dynatrace, a software intelligence company, will present at two investor conferences: the Canaccord Genuity Growth Conference on August 11 at 9:00 a.m. ET and the BMO Technology Summit on August 24 at 12:00 p.m. ET. Investors can access the live webcasts of both presentations via links provided in the press release. Additionally, these webcasts will be archived on Dynatrace's investor relations website for 30 days. Dynatrace offers solutions that simplify cloud complexity and enhance digital transformation for enterprises worldwide.
Dynatrace (NYSE: DT) has expanded its Smartscape® platform to integrate AIOps and analytics with open-source services like OpenTelemetry, FluentD, and Prometheus. This enhancement enables seamless observability across cloud-native environments, assisting DevOps and SRE teams in managing complex architectures effectively. Stephen Elliot from IDC highlights the growing need for advanced analytics in complex IT landscapes. The updates will be available within 60 days, enhancing visibility and operational efficiency for organizations managing large-scale digital transformations.
Dynatrace (NYSE: DT) reported strong first quarter results for fiscal 2022, with a total ARR of $823 million, reflecting a 37% year-over-year growth. Total revenue reached $210 million, a 35% increase, driven largely by subscription revenue growth of 36%. The company also reported GAAP EPS of $0.05 and non-GAAP EPS of $0.16. For the second quarter, guidance predicts revenue between $219 million and $221 million, signifying continued growth momentum.
Dynatrace (NYSE: DT) has appointed Steve Rowland to its board of directors. Rowland, a seasoned go-to-market executive with extensive experience at technology firms like Okta, Splunk, and DataStax, aims to leverage his expertise to aid Dynatrace in addressing cloud complexities and enhancing digital transformation for enterprises. Dynatrace's CEO, John Van Siclen, expressed confidence that Rowland's background in scaling operations will be crucial as the company navigates industry trends involving digital transformation and multicloud migration.
Dynatrace (NYSE: DT) has achieved Amazon Web Services (AWS) Government Competency status, showcasing its expertise in assisting government agencies with digital transformation and operational efficiency. This recognition highlights Dynatrace's role in helping various levels of government to modernize critical services on AWS. The surge in demand for digital services has pushed agencies to adopt more cloud-native architectures. Dynatrace combines observability, AIOps, and automation to enhance resource management and innovation within government operations.
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