In 2020 alone, the software company has seen over a 500% increase in partner-originated revenue due to rapid growth in partnerships. These cookies will be stored in your browser only with your consent. The huge volume of computer logs and metrics generated by todays applications, and the increasing complexity of modern IT infrastructure, means special techniques are required to understand whats going on. Our Standards: The Thomson Reuters Trust Principles. SANTA BARBARA, Calif.-- ( BUSINESS WIRE )-- LogicMonitor, the leading SaaS-based observability and IT operations data collaboration platform for enterprises and managed service providers (MSPs),. Zenoss, founded in 2005, boasts full-stack SaaS-based monitoring combined with AIOps. It has raised $53.1 million in VC funding. Unlock more time to drive innovation and push your organization to the next level. 2021 LogicMonitor hit $61.2M in revenue in 2021 2007 LogicMonitor launched in 2007 with $0 revenue $0 $20M $40M $60M 2010 2015 2020 $61.2M About LogicMonitorMonitoring unlocks new pathways to growth. The monthly take was bolstered by a five-day national holiday that saw hundreds of thousands of visitors flock to the special Chinese administrative region, which is the only place in China where citizens can legally gamble in casinos. Agentlessly monitor a variety of database metrics to operationalize multi-team visibility into infrastructure-level database issues. Save time and resources by immediately pinpointing the true source of an error. LogicMonitor seamlessly monitors infrastructures, empowering companies to focus less on problem-solving and more on evolution. LogicMonitor seamlessly monitors infrastructures, empowering companies to focus less on problem solving and more on evolution. SANTA BARBARA, Calif., Feb. 02, 2021 (GLOBE NEWSWIRE) -- LogicMonitor, the leading cloud-based IT infrastructure monitoring and observability platform, today released a new global research report, titled The Race to IT Observability, which delves into the ways that the pandemic has impacted traditional CIO, IT operations and developer roles within organizations while also shifting executive priorities towards cloud migration, remote workforce enablement and end-to-end unified observability. Elastic (NYSE: ESTC) has risen to prominence on the back of Elastic Stack, the open source software that it develops. This site uses cookies from Google to deliver its services and to analyze traffic. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. You can read more about your cookie choices at our privacy policyhere. February 02, 2021 04:49 ET 21% of global IT leaders believe that improved security will be the top benefit resulting from convergence between ITOps and DevOps; followed by greater ability to scale (16%); better cross-org collaboration/alignment (14%); reduction in outages/brownouts (12%); and better customer experience (11%). At the heart of the observability concept is a very basic premise: quickly learn what happens within your IT to avoid extended outages, writes GigaOM analyst Andy Thurai in the report. LogicMonitor Expands Reach Across Southern EMEA with Nine - GlobeNewswire Vista Equity Partners invested in LogicMonitor's Acq - Fin funding round. LogicMonitor revenue is $61.2M and more than 25K paying Customers - LATKA LogicMonitor's deal structure is available for 2 funding rounds, including their Series B - II from April 15, 2014. Our company is headquartered in Santa Barbara, California, with offices in Austin, Texas, London, China, and Singapore. These include the Qualified chatbot, the Marketo cookie for loading and submitting forms on the website, and page variation testing software tool. Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. This website uses cookies to improve your experience while you navigate through the website. Judged by an independent panel of some of the UKs leading technology experts, the awards celebrate the UKs finest tech businesses and reward innovative and exceptional application of technology to transform and grow businesses. LogicMonitor. our sites and services. Dynatrace (NYSE: DE) was founded in 2005 and made its mark in the application performance management (APM) space. Long considered the lifeline of the worlds most populous country, the 170-year-old system has seen rapid expansion and modernization under Prime Minister Narendra Modi's push to boost infrastructure. For more information, visit www.logicmonitor.com. A recently published GigaOM Radar report lists several other big names competing in the overall cloud observability space, including IBM, VMware (part of Dell/EMC), Micro Focus, and AppDynamics, which was acquired by Cisco in 2017. The list represents a unique look at the most successful companies within the American economys most dynamic segmentits independent small businesses. By continuing to use this site you are consenting to these choices. Lastly, there is EraDB, which is building a Elasticsearch clone called EraSearch that it claims is more scalable and easier to use. 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: Logicmonitor's revenues are gauged from an analysis of company filings. From 2016 to 2019, LogicMonitor achieved impressive revenue growth of 255%. Informatica Ranks as the #1 Data Engineering Vendor, On the Radar: Lightbends Kalix Cloud Native Platform, IEEE Conference on Artificial Intelligence 2023. ScienceLogic has been around a bit longer (founded in 2003) and develops what it terms a context-infused AIOps platform. The company has raised $214 million. The company was founded in 2011 and has attracted $131 million in venture financing. At LogicMonitor, we are laser-focused on providing the most innovative unified monitoring and observability platform for enterprises today. For more information on becoming a LogicMonitor partner, please visit www.logicmonitor.com/partners. Respondents in North America were more likely to see an increase in downtime since the pandemic began (57%), compared to Europe (50%) and APAC (48%). Will Corkery - Chief Revenue Officer (CRO) - LogicMonitor - LinkedIn Present database metrics side by side with infrastructure and other items in your technology stack for full observability. SANTA BARBARA, Calif., Feb. 02, 2021 (GLOBE NEWSWIRE) -- LogicMonitor, the leading cloud-based IT infrastructure monitoring and observability platform, today released a new global research. Its an honor to have earned a spot on Deloittes Fast 500 list among such like-minded, high growth organizations, said Fanous. Root-cause analysis and application performance management (APM) are also in the wheelhouse AIOps and observability wheelhouse. The industry leader for online information for tax, accounting and finance professionals. AWS, Azure, GCP, private, everything. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. LogicMonitor That report, which you can see part of here, placed Splunk as the overall leader. LogicMonitor has accelerated key international expansion efforts through partnerships in a variety of markets since the launch of the LogicMonitor Partner Network in 2019. Mark Banfield, chief revenue officer of LogicMonitor, said, At LogicMonitor, we go above and beyond to uphold our three core company values: always acting as one team, trying to be better every day, and being customer obsessed. Monitor all aspects of your cloud together with the rest of your infrastructure, so you can keep key systems running and avoid downtime. SANTA BARBARA, Calif., Nov. 19, 2020 (GLOBE NEWSWIRE) -- LogicMonitor, the leading cloud-based IT infrastructure monitoring and observability platform, today announced it ranked 378 on Deloittes 2020 Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 26th year. LogicMonitors growth is a testament to the increasing digitization of business and the essential role our platform plays for thousands of enterprise IT teams and managed service providers worldwide. Necessary cookies are absolutely essential for the website to function properly. Cut down your MTTR and make informed decisions with AI-powered intelligence for IT Operations. Optimize spend & increase ROI They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000. These include the Qualified chatbot, the Marketo cookie for loading and submitting forms on the website, and page variation testing software tool. A Gartner Magic Quadrant for APM adds a few additional names to the list, including Riverbed, ManageEngine, Instana, Microsoft, Oracle, Tingyun, and SolarWinds. Claim your profile to get in front of buyers, investors, and analysts. Its platform provides users with a complete picture of the state of their stack at every moment in time, helping them prevent issues and crush resolution times. ScienceLogic Company . Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. There are few scenarios where LogicMonitor is not the right choice as a monitoring platform; in fact I cannot think of any where LogicMonitor was the issue. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. For more information on the Inc. 5000 Conference, visit http://conference.inc.com/. Following a rigorous two-stage process including pre-scoring to determine shortlists and a thorough evaluation by the judging panel to decide the winners LogicMonitor was awarded Large Tech Company of the Year. We'll assume you're ok with this, but you can opt-out if you wish. This site uses cookies from Google to deliver its services and to analyze traffic. The company, which went public in 2018, boasts a customer base of 11,300, which generated about $427 million in revenue in 2020. Who's Winning In the $17B AIOps and Observability Market - Datanami The LogicMonitor Partner Network empowers its members to expand their companys offerings and profit margins by offering a best-in-class monitoring and observability platform, along with a broad range of benefits for partners including competitive portfolio differentiation, sales and marketing collaboration, training and certification programs, and more. As the world continues the rapid pace of digital transformationmade even more imperative by the ongoing pandemicorganizations cannot afford to experience downtime. As always, speakers will include some of the greatest innovators and business leaders of our generation. The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. ControlUp also provides cost data to enable fine-tuning of cloud services. Overall, 2020 Technology Fast 500 companies achieved revenue growth ranging from 175% to 106,508% from 2016 to 2019. To learn more about LogicMonitors global growth and innovative platform, visit www.logicmonitor.com. NEW YORK, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Inc. magazine today revealed that LogicMonitor is No. CBI websites generally use certain cookies to enable better interactions with. LogicMonitor Recognised as Tech Company of the Year at UK Business Tech China lifted strict COVID-19 restrictions in January, allowing visitors to swarm into Macau for the first time in more than three years. LogicMonitors comprehensive observability platform allows you to monitor services across cloud and hybrid environments with minimal effort, anticipate and quickly find and resolve problems, and increase operational excellence across your organization. As always, Inc. reserves the right to decline applicants for subjective reasons. News Jan 6, 2022 Forbes Christina Kosmowski, LogicMonitor's New Customer Centric CEO News Nov 19, 2021 SearchDataManagement LogicMonitor introduces centralized log management platform News Sep 28, 2021 Reseller News Westcon-Comstor meets customer demand with LogicMonitor deal News Aug 12, 2021 These include the Qualified chatbot, the Marketo cookie for loading and submitting forms on the website, and page variation testing software tool. Casino revenues in Macau, the world's biggest gambling hub, surged 366% from a year ago to total 15.6 billion patacas ($1.93 billion) in May, the highest since January 2020, when the COVID-19 . Stop losing sleep to needless alert storms. Why the visibility gap is holding your IT operations back. Authorities are keen to diversify sources of income in Macau, which depends on casinos for more than 80% of its government revenues, and have imposed strict new regulations on its six casino operators. In the past three years, 97% of global IT leaders said their organization had experienced an IT brownout; 94% said their organization had experienced an outage. Keep your ServiceNow CMDB up-to-date with asset information discovered by LogicMonitor collectors so you can understand how your entire ecosystem is working. One of the hottest areas of big data at the moment is log monitoring and its adjacent disciplines, AIOps and cloud observability. LogicMonitor Reviews, Ratings & Features 2023 | Gartner Peer Insights Mitigate your risk of downtime to increase revenue and improve customer experience . Advance Market Analytics published a new research publication on Global LogicMonitor, a leading cloud-based IT services provider, has announced the general availability of the companys new cloud-based log intelligence products. At LogicMonitor, we are laser-focused on providing the most innovative unified monitoring and observability platform for enterprises today. 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