New Relic Inc Stock Price, News & Analysis

New Relic (NYSE: NEWR) has announced it will release its financial results for Q1 ending June 30, 2022, after market close on August 4, 2022. A conference call will follow at 2 p.m. PT to discuss these results, accessible via phone or a live webcast through New Relic's investor relations page. A replay will be available until August 11, 2022. As a leader in observability, New Relic provides tools for engineers to enhance software performance, supporting notable brands like Banco Inter (OTC: BNCOY).

New Relic (NYSE: NEWR) has launched the New Relic Partner Stack, enhancing support for over 1,000 global partners, including cloud providers and managed service providers. This initiative offers comprehensive training, marketing resources, and sales tools aimed at facilitating observability practices in IT. Despite a growing observability market, only 26% of IT decision-makers have mature practices, citing resources and skills as barriers. This program aims to bridge that gap, while also expanding New Relic's global reach, particularly in the Americas, Europe, and Asia.

New Relic has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Application Performance Monitoring and Observability. The evaluation assessed 19 vendors based on criteria such as product capabilities and customer experience. New Relic's CEO, Bill Staples, emphasized the importance of observability in enterprise operations and highlighted the company's unique all-in-one platform. Additionally, New Relic gained recognition as a Customers’ Choice based on positive feedback from users, showcasing its commitment to the developer community.

New Relic (NYSE: NEWR) has expanded its Instant Observability ecosystem, adding over 470 integrations, a nearly 20% increase in six months. This enhancement includes contributions from key partners like Akamai, Atlassian, and Cloudflare. Instant Observability aims to simplify observability for engineers, enabling them to get started in minutes. Improvements include a guided onboarding interface and expanded integration options, aiding engineers in monitoring applications across various environments. New Relic continues to prioritize accessibility through its free pricing tier.

The partnership between New Relic (NYSE: NEWR) and Microsoft aims to enhance cloud migration and multi-cloud initiatives by integrating New Relic's observability platform into the Azure Portal. This strategic collaboration enables Azure customers to utilize New Relic services seamlessly and allocate their Azure spending towards these observability tools. Key benefits include deep integration support, the ability to use Microsoft committed spend for New Relic purchases, and the option to store telemetry data in Azure, simplifying observability management for enterprises.

New Relic (NYSE: NEWR) has announced upgrades to its Application Performance Monitoring (APM) that automatically collect logs alongside application metrics and traces, enhancing troubleshooting efficiency for developers. This integrated feature allows engineers to analyze relevant logs in context with other telemetry data, simplifying log management and reducing configuration complexity. The updates include improved UI enhancements and robust security controls. The automatic logs-in-context feature is available for Java, Ruby, and .NET agents, with future support planned for Node.js, Python, Go, and PHP.

New Relic launched New Relic Vulnerability Management, a platform enabling engineers to identify and prioritize security risks throughout the software development lifecycle (SDLC). This tool aggregates both native and third-party security signals, providing a comprehensive view of vulnerabilities across the software stack. The feature is available free for all full platform users with the Data Plus SKU. New Relic aims to enhance secure software delivery by facilitating collaboration across engineering teams and breaking down silos in security management.

New Relic (NYSE: NEWR) has announced enhanced Kubernetes integration and support for the Pixie plugin at KubeCon + CloudNativeCon Europe 2022. These updates aim to optimize monitoring efficiency by reducing memory usage by 80% and providing flexible data scraping intervals. The integration supports external control planes, ensuring compliance and security. These developments align with the widespread adoption of Kubernetes, with 93% of organizations planning to use containers in production. New Relic emphasizes its commitment to observability through significant investments in open source and cloud-native communities.