Dynatrace

Dynatrace, Inc. is a global technology company, listed on the NYSE, that provides a software intelligence platform based on artificial intelligence (AI) and automation to monitor and optimize application performance, development and security, IT infrastructure, and user experience for businesses and government agencies throughout the world.

Dynatrace, Inc.
TypePublic
IndustryApplication Performance Monitoring

Application Security

AIOps

Digital Business Analytics

Cloud Automation

IT Operations Analytics

Infrastructure Monitoring

Digital Experience

Observability
Founded2005 (2005)
HeadquartersWaltham, Massachusetts, U.S.[1]
Area served
Worldwide
Key people
Rick McConnell (CEO)
Bernd Greifeneder (CTO)
Kevin Burns (CFO)
Mike Maciag (CMO)
Steve Tack (Senior Vice President, Product Management)
Stephen Pace (Chief Revenue Officer)
Revenue US$703.509 Million (Fiscal Year Ended 31 March 2021)[2]
US$91.896 Million (Fiscal Year Ended 31 March 2021)[2]
US$75.714 Million (Fiscal Year Ended 31 March 2021)[2]
Total assets US$2.256 Billion (Fiscal Year Ended 31 March 2021)[2]
Total equity US$1.113 Billion (Fiscal Year Ended 31 March 2021)[2]
Number of employees
3,000[3]
Websitedynatrace.com

The Dynatrace Software Intelligence Platform uses a proprietary form of AI called Davis to discover, map, and monitor applications, microservices, container orchestration platforms such as Kubernetes, and IT infrastructure running in multicloud and hybrid-cloud environments, and provides automated problem remediation.[4][5] The Dynatrace platform provides observability of the full solution stack, which simplifies cloud complexity and speeds organizations’ digital transformation and cloud migration, and hyperscales to meet organization demand.[6]

Product

The Dynatrace Software Intelligence Platform uses AI to deliver infrastructure monitoring, applications and microservices monitoring, application security, digital experience, business analytics, and cloud automation.[7] Dynatrace also provides a Software Intelligence Hub offering integrations with over 620 technologies including Amazon Web Services (AWS), Docker, Java, Prometheus, and more.[8]

The Dynatrace platform consists of OneAgent for automated data collection, Smartscape for continuously updated topology mapping and visualization, PurePath for code-level distributed tracing, and Davis, a proprietary AI engine, for automatic root-cause fault-tree analysis.[9] Dynatrace provides multicloud observability to both SaaS and managed service deployment models, in partnership with service providers including AWS, Microsoft Azure, Google Cloud Platform, and more.[10]

Dynatrace heavily invests in building DevOps and SRE automation and contributes developments to the Cloud Native Computing Foundation (CNCF), including the contribution of Keptn, and open-source pluggable control plane for cloud-native application lifecycle orchestration. Dynatrace is a key contributor and investor in open-source community activities around observability and performance.[11] Examples include W3C Trace Context – of which Dynatrace is a founding member and co-chair – and OpenTelemetry. Other open-source technologies Dynatrace contributes to include MONACO, Barista, Dynahist.

Dynatrace has a rich REST API that can be used to retrieve data or ingest it. (Dynatrace refers to inserting custom metrics as ingestion). Add/Remove/Change Maintenance Windows, Synthetic Monitors and much more.

Ingesting custom metrics from application databases replaces other products you would rather retire. If you have a task that is not available, you can use Dynatrace Extensions and the Dynatrace Open Kit.

[12]

History

Dynatrace was founded by Bernd Greifeneder on February 2, 2005 in Linz, Austria as dynaTrace Software GmbH,[13] and was acquired by Compuware in 2011. In 2014, the private equity firm Thoma Bravo took the company private, and the Compuware APM group was renamed Dynatrace.[14][15] Dynatrace established the Digital Performance Management category in late 2014.[16]

On August 1, 2019, Dynatrace completed its initial public offering (NYSE: DT).[17]

Dynatrace headquarters is located in Waltham, Massachusetts, with research and development labs based in various locations across Austria, Estonia, Poland, Spain, and the United States.[18] Dynatrace also hosts 60 further offices globally, including Australia, Brazil, Singapore, and the United Kingdom.

Acquisitions

Keynote Systems: In 2015, Dynatrace was merged with Keynote Systems, the rival provider of Application Performance Management (APM) services, which private equity firm Thoma Bravo had also acquired.[19] Keynote, founded in 1995, had been an early provider of Internet performance metrics, including its "Keynote perspective" product in 1996, the Business 40 Internet Performance Index in 1997, and its Streaming Perspective product in 2000.

Matrix.net (Matrix Information and Directory Services), Xaffire): Among the Keynote acquisitions which were eventually merged into Dynatrace were Xaffire Inc., whose Austin business unit Keynote acquired in December 2003, and which itself had emerged from the combination of Alignment Software Inc. with Matrix NetSystems, also known as Matrix.net and Matrix Information and Directory Services Inc. Matrix, operated by early Internet pioneer John Quarterman, was well-known for its Internet host censuses and its statistical maps and "weather reports" of the Internet.[20]

SpectX: On September 14, 2021, Dynatrace completed the acquisition of high-speed parsing and query analytics company,[21] SpectX.

Celebration of Dynatrace's initial public offering at the New York Stock Exchange on 1 August 2019.

Industry recognition

In 2021, Gartner named Dynatrace a Leader in 2021 Gartner Magic Quadrant APM report for the 11th consecutive time.[22] Gartner also scored Dynatrace highest in five of six use cases in the 2021 Gartner Critical Capabilities for APM report.[23]

GigaOm recognized Dynatrace as a "Leader" and "Outperformer" in the 2021 GigaOm Radar for AIOps solutions.[24]

Dynatrace named a Customers' Choice in the September 2021 Gartner Peer Insights 'Voice of the Customer': Application Performance Monitoring report.[25]

Dynatrace named a Leader in cloud-native observability in the 2021 ISG Provider LensTM – Container Services & Solutions Report.[26]

Forrester recognized Dynatrace as Leader in the 2020 Forrester Wave: AIOps Report.[27]

G2 users rated Dynatrace the #1 observability platform.[28]

The AI Breakthrough Awards™ recognized Dynatrace as the best overall AI-based analytics company for business intelligence and analytics.[29]

Constellation Shortlist™ named Dynatrace as one of the top seven companies in their Shortlist for Digital Performance Management.[30]  

Dynatrace was named a 2021 Best Large Company to Work For by Built In Boston.[31]

References
  1. "Locations" dynatrace.com. Retrieved 2021-09-14.
  2. "Dynatrace, Inc. 2021 Annual Report" (PDF). Dynatrace. 31 March 2021. Retrieved 4 August 2021.
  3. "About us - Meet our team".
  4. DeFrancesco, Robert. "Dynatrace Helps Cloud Software Run At Peak Performance". Forbes. Retrieved 2020-07-24.
  5. "Dynatrace Deepens AI Ties to Kubernetes". Container Journal. 2020-02-05. Retrieved 2020-09-14.
  6. "Dynatrace Tackles Rising Cloud Complexity and Speeds Digital Transformation With Next Generation Infrastructure Monitoring". MarTech Series. 2020-02-05. Retrieved 2020-07-24.
  7. "Why Dynatrace Says AI Is the Answer for 'Single Panel' Observability for Cloud Native". The New Stack. 2020-02-13. Retrieved 2020-09-14.
  8. "Dynatrace Launches Software Intelligence Hub". www.businesswire.com. 2021-02-09. Retrieved 2021-08-10.
  9. "Accelerating Enterprise Application Migration to AWS Using Dynatrace". Amazon Web Services. 2019-04-05. Retrieved 2020-09-14.
  10. "Dynatrace SaaS and Managed | amasol.de". amasol.de (in German). Retrieved 2020-09-14.
  11. "Dynatrace Engineering - Open Source". engineering.dynatrace.com. Retrieved 2021-11-23.
  12. Find the Dynatrace documentation, including the API, here: https://www.dynatrace.com/support/help/how-to-use-dynatrace/
  13. "dynaTrace software GmbH" FirmenABC. Retrieved 2015-01-19.
  14. "Compuware: When one becomes two" Computing.co.uk. Retrieved 2015-01-19.
  15. "Compuware: Five questions with new Dynatrace CEO John Van Siclen on APM and company’s future" SD Times. Retrieved 2014-12-23.
  16. "Digital Performance Management Market Heats Up With Dynatrace" Forbes.com. Retrieved 2015-06-17.
  17. Cai, Kenrick. "Dynatrace's Stock Climbed 49% In Market Debut. Its CEO Recalls How A Dinner In Austria Put The Gears In Motion". Forbes. Retrieved 2020-07-24.
  18. "Dynatrace Engineering - Labs". engineering.dynatrace.com. Retrieved 2021-09-14.
  19. Marvin, Rob (26 June 2015). "What the Dynatrace/Keynote merger means for APM". Software Development Times. Retrieved 17 February 2022.
  20. Dodge, Martin. "MIDS Maps the Internet World". Mappa Mundi Magazine. Retrieved 17 February 2022.
  21. "Dynatrace acquires SpectX, accelerating the convergence of observability and security". www.businesswire.com. 2021-09-14. Retrieved 2021-11-23.
  22. "Dynatrace once again named a Leader in 2021 Gartner Magic Quadrant for Application Performance Monitoring". mytechdecisions.com. 14 April 2021. Retrieved 2021-04-27.
  23. "Dynatrace Received Highest Scores Across Five of Six Use Cases in Latest Gartner Critical Capabilities for Application Performance Monitoring Report". www.businesswire.com. 2020-04-24. Retrieved 2020-09-12.
  24. "Dynatrace Named Leader and Outperformer in GigaOm Radar for AIOps Solutions". www.businesswire.com. 2021-09-07. Retrieved 2021-11-23.
  25. "Dynatrace Rated Highest in 2021 Gartner Peer Insights Customers' Choice for Application Performance Monitoring". www.businesswire.com. 2021-09-15. Retrieved 2021-11-23.
  26. "Dynatrace named a Leader in cloud-native observability in the 2021 ISG Provider Lens™ – Container Services & Solutions Report". www.businesswire.com. 2021-10-13. Retrieved 2021-11-23.
  27. "Dynatrace Named a Leader in Artificial Intelligence for IT Operations (AIOps) Report by Independent Research Firm". www.businesswire.com. 2020-11-05. Retrieved 2021-08-10.
  28. "CORRECTING and REPLACING G2 Reviewers Rate Dynatrace's AI-Powered Observability Platform the Leader". www.yahoo.com. Retrieved 2020-09-12.
  29. "2020 Winners | AI Breakthrough Awards". Retrieved 2020-09-12.
  30. Wang, R. "Ray" (2020-08-19). "Constellation ShortList™ Digital Performance Management". Constellation Research Inc. Retrieved 2020-09-12.
  31. "100 Best Large Companies to Work For". Built In. Retrieved 2021-08-10.
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