Welcome to our dedicated page for Solarwinds news (Ticker: SWI), a resource for investors and traders seeking the latest updates and insights on Solarwinds stock.
SolarWinds Corporation (NYSE: SWI) appears frequently in technology and capital markets news because it focuses on observability, IT management, and hybrid IT operational resilience. Company announcements highlight product enhancements across observability, incident response, service management, database observability, and AI-powered automation, as well as corporate developments such as its definitive agreement to be acquired by Turn/River Capital.
News about SolarWinds often covers portfolio updates, including new capabilities in SolarWinds Observability Self-Hosted and SolarWinds Observability SaaS, AI-driven features like Log Insights, Root Cause Assist, and AI Query Assist, and integrations of incident response capabilities following the agreement to acquire Squadcast. These stories describe how the company aims to address challenges such as alert overload, fragmented data, and complex incident resolution in hybrid and multi-cloud environments.
Another recurring theme in SWI news is sector-specific and public sector focus. SolarWinds has reported certifications and approvals for SolarWinds Observability Self-Hosted for Federal Government v2024.2, including Common Criteria EAL 2+, FIPS 140-2, and inclusion on the DoDIN APL for use on U.S. Department of Defense networks. The company also publishes research such as its Next-Gen Government IT: AI and Observability Insights Report, which examines digital transformation, security threats, and AI adoption in U.S. and U.K. public sector IT.
Investors and IT professionals following SWI news will also see partner program updates, financial results, and index changes. SolarWinds has announced enhancements to its Partner Program, reported quarterly and annual financial results, and disclosed that S&P Dow Jones Indices plans to remove SolarWinds from the S&P SmallCap 600 index in connection with the pending Turn/River Capital acquisition. Bookmark this page to track ongoing announcements on products, research, government certifications, partner initiatives, and transaction-related developments affecting SolarWinds and the SWI stock listing.
SolarWinds (NYSE:SWI) announces its inaugural 'SolarWinds Day,' aimed at showcasing new innovations for hybrid and multi-cloud IT environments. CEO
SolarWinds (NYSE: SWI), a leader in IT management software, will announce its third quarter 2022 financial results on November 3, 2022, at 7 a.m. CT. The company will host a conference call at 7:30 a.m. CT to discuss its results and business updates. A live webcast of the call will be available on its investor relations website. SolarWinds is recognized for providing solutions that support digital transformation across diverse IT environments.
SolarWinds (NYSE:SWI) has introduced the Transform Partner Program aimed at enhancing collaboration with channel partners globally. This initiative is designed to accelerate digital transformation for clients using SolarWinds' AI-powered observability solutions. Key benefits include financial incentives, enhanced training, and a revamped Partner Portal. The program targets various partners, including value-added resellers and managed service providers, marking a significant evolution in SolarWinds' channel engagement strategy. With over 300,000 customers, the program reflects a commitment to partner-driven growth and customer-centric technology.
SolarWinds (NYSE:SWI) announces the appointment of Chad Reese as its president of Americas sales and global channel. With over 25 years of experience from IBM and VMware, Reese aims to drive growth through subscription revenue and platform-based solutions. His background includes leading significant sales teams and fostering global channel alliances. The leadership expresses optimism on his impact amid the company's growth strategy, focusing on expanding customer success and leveraging a strong, loyal customer base.
SolarWinds (NYSE:SWI) recently received accolades in the 2022 GigaOm Radar Reports for its hybrid and multi-cloud observability solutions, recognized as a Leader and Outperformer in Network Observability. The new SolarWinds Platform allows organizations to improve visibility, intelligence, and productivity by providing a unified monitoring solution. Additionally, the company launched its Hybrid Cloud Observability and an early SaaS offering aimed at enhancing issue management for enterprise customers, supporting their digital transformation efforts.
Nominations for the IT Pro Day 2022 Awards are now open, established by SolarWinds (NYSE:SWI) to honor IT professionals. Celebrated on September 20, this annual event recognizes the vital work of IT teams in maintaining computer systems. Categories include Rookie of the Year, Rockstar of the Year, IT Mentor of the Year, and Trailblazer. Nominations are accepted until September 2, 2022, with winners announced on the celebration date. Visit ITProDay.org for more details.
SolarWinds (NYSE:SWI) has launched new offerings tailored for federal and SLED customers, including Federal Premium Support, Monalytic Federal Professional Services, and Monalytic Federal Deployment Services. These services provide access to U.S.-based technical experts and around-the-clock support, aimed at enhancing IT management in secure environments. The company highlights the importance of addressing the IT staff shortage and cybersecurity concerns faced by public sector organizations. This initiative follows SolarWinds' acquisition of Monalytic, enriching their service portfolio.
SolarWinds Corporation (NYSE:SWI) reported Q2 2022 results with total revenue of $176.0 million, slightly down year-over-year, but up 2% on a constant currency basis. The company experienced a net loss of $622.1 million, heavily impacted by impairment charges. Subscription revenue grew by 25%, and customer retention reached historical levels. SolarWinds also highlighted the launch of its Hybrid Cloud Observability solution and received accolades for its software from TrustRadius. As of June 30, 2022, cash reserves stood at $778.2 million against $1.9 billion in debt.
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