Welcome to our dedicated page for New Relic news (Ticker: NEWR), a resource for investors and traders seeking the latest updates and insights on New Relic stock.
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New Relic (NYSE: NEWR) will report its financial results for Q4 and fiscal year 2023 on May 23, 2023, after market close. A conference call will be held at 2:00 p.m. PT to discuss these results and the company's outlook. Additionally, an analyst day is scheduled for May 25, 2023, in New York City, focusing on multi-year financial strategies, product roadmaps, and growth priorities. This event will be available via livestream. New Relic’s platform supports engineers with a unified data approach, enhancing software planning and operational efficiency for major brands, including adidas Runtastic and American Red Cross.
New Relic (NYSE: NEWR) has partnered with Mercado Libre, Latin America’s largest e-commerce company, to enhance its observability strategy. This collaboration aims to support over 13,700 engineers by standardizing on OpenTelemetry and New Relic's platform, ensuring high uptime for 140 million users across 18 countries.
Mercado Libre processes 700 million requests per minute and manages 10,000 daily deployments. By utilizing New Relic’s capabilities, the company aims to reduce mean time to resolution, minimize major incidents, and improve application performance. The integration of distributed tracing and improved telemetry data management are central to this initiative, enhancing overall operational efficiency and user experience.
New Relic (NYSE: NEWR) has announced that Intelligent Growth Solutions (IGS), an agritech company, has successfully consolidated its monitoring needs using New Relic, reducing its monitoring spend by 58%. This strategic move has allowed IGS to enhance operational efficiency and redirect its software development efforts towards innovation in sustainable agriculture solutions. Key benefits include an 80% reduction in issue resolution time, transitioning to proactive monitoring, and improved insights into microservices relationships. As a result, IGS now achieves faster issue detection, ultimately enhancing the reliability of its vertical farming systems.
New Relic (NYSE: NEWR) has launched a novel MLOps capability allowing engineers to monitor applications using OpenAI’s GPT APIs with just two lines of code. This integration enables real-time tracking of performance and cost metrics, enhancing the application of AI technologies. The offering is available at no cost for full platform users, expanding New Relic's developer audience. Key features include free access to New Relic Instant Observability, easy installation, real-time cost tracking, and performance optimization insights. This initiative positions New Relic as a leader in observability for AI-driven applications.