Solarwinds Stock Price, News & Analysis

SolarWinds (NYSE:SWI) has been recognized in Forrester's Process-Centric AIOps Landscape, Q1 2023 report as a notable AIOps vendor in the large market segment, which comprises companies with over $150 million in product revenue. AIOps integrates AI/ML, advanced analytics, and operational data to address complexities in modern IT environments. Key benefits highlighted include enhanced operational awareness, automation, and anomaly detection. Furthermore, SolarWinds' AIOps capabilities are integrated into its cloud-native platform, improving performance optimization and reducing operational costs.

HCLSoftware and SolarWinds are enhancing their partnership to develop an AI-based 5G network observability platform, integrating HCL’s Augmented Network Automation and SolarWinds' monitoring tools. Announced previously in October 2022, this collaboration aims to streamline mobile network management from Cloud to RAN, significantly reducing operating costs for telecom operators. Key benefits include real-time monitoring and AI-driven optimization to alleviate network congestion and reduce energy expenses, potentially saving millions annually. Both companies will showcase their solutions at Mobile World Congress 2023 in Barcelona.

SolarWinds (NYSE:SWI) has expanded its SolarWinds Observability solution with a new data center in Germany and availability in the AWS Marketplace. This expansion aims to enhance access for AWS customers managing complex hybrid and multi-cloud environments. The Observability solution is designed to facilitate digital transformation through improved visibility and performance management of IT services. SolarWinds has also joined the AWS ISV Accelerate Program, providing additional resources to support customer implementation and utilization of its observability solutions.

SolarWinds (NYSE:SWI) will host its annual North American Partner Summit in Austin, Texas, from February 27 to March 3. This event will be the first in-person gathering in two years, featuring keynote addresses, technical training, and celebrations of partner achievements. SolarWinds will unveil updates to its product strategy and discuss the Transform Partner Program, aimed at accelerating digital transformation through AI-powered solutions. Attendees will have opportunities for sales training and networking. For those unable to attend in person, sessions will be available online.

SolarWinds (NYSE:SWI), a leader in IT management software, announced its executives will present at two upcoming investor conferences in San Francisco. The first is the JMP Securities Technology Conference on March 6 at 2:30 p.m. PT, followed by the Morgan Stanley Technology, Media & Telecom Conference on March 8 at 3:55 p.m. PT. Both presentations will have live webcasts available at investors.solarwinds.com. SolarWinds focuses on observability and IT management to enhance digital transformation for a variety of organizations.

SolarWinds (NYSE: SWI) announced its APJ Partner Summit 2023 will take place in Bangkok, Thailand, from February 20 to 22. This event will showcase keynote presentations from the executive leadership and sessions focused on product strategy and sales training. The summit aims to enhance partner collaboration, delivering updates on the SolarWinds Transform Partner Program established to support global channel partners. Attendees, primarily executives, will have opportunities to network and learn how SolarWinds can help them accelerate digital transformation and growth.

SolarWinds Corporation (NYSE: SWI) reported its Q4 and full-year 2022 results, highlighting total revenue of $187.1 million for Q4, a growth of 0.2% year-over-year. Full-year revenue reached $719.4 million, growing by 0.1% year-over-year. Despite these increases, the company recorded a net loss of $10.4 million in Q4 and a significant annual loss of $929.4 million, largely due to $906.4 million in impairment charges. Adjusted EBITDA for Q4 stood at $74.5 million, a margin of 40%, while for the whole year it was $280.4 million, or 39% margin. SolarWinds aims to enhance customer digital transformation efforts in 2023 while balancing growth with profitability.

SolarWinds (NYSE:SWI) announces its EMEA Partner Summit 2023, taking place from February 13 to 17 in Barcelona, Spain. This annual event will feature keynote presentations from the executive leadership team, product strategy updates, and technical training sessions for partners. Attendees can enhance their sales skills with accredited training and network with SolarWinds executives. The summit aims to share innovations and growth strategies, including updates on the SolarWinds Transform Partner Program launched last year, which offers various partner benefits. Register for the event here.